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Global Neutral Balanced
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|
NAVPS (10-25-2024) |
$10.81 |
|---|---|
| Change |
$0.01
(0.09%)
|
As at September 30, 2024
As at August 31, 2024
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Inception Return (September 29, 1989): 4.69%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 1.90% | 5.87% | 5.61% | 11.55% | 21.93% | 15.08% | 2.19% | 4.41% | 4.99% | 4.96% | 4.64% | 4.07% | 3.58% | 3.30% |
| Benchmark | 2.25% | 5.52% | 7.56% | 13.77% | 22.16% | 16.11% | 4.86% | 5.75% | 6.55% | 6.63% | 6.88% | 6.53% | 6.81% | 7.54% |
| Category Average | 1.80% | 6.15% | 6.15% | 10.92% | 18.92% | 12.72% | 3.80% | 5.79% | 5.42% | 5.29% | 5.18% | 5.15% | 5.35% | 5.04% |
| Category Rank | 810 / 1,720 | 348 / 1,719 | 1,318 / 1,688 | 780 / 1,688 | 233 / 1,664 | 261 / 1,627 | 1,318 / 1,481 | 1,144 / 1,349 | 860 / 1,278 | 736 / 1,173 | 730 / 1,047 | 768 / 943 | 805 / 850 | 693 / 734 |
| Quartile Ranking | 2 | 1 | 4 | 2 | 1 | 1 | 4 | 4 | 3 | 3 | 3 | 4 | 4 | 4 |
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -2.20% | 6.99% | 4.46% | -0.09% | 3.33% | 2.32% | -2.74% | 2.23% | 0.33% | 3.10% | 0.77% | 1.90% |
| Benchmark | 0.21% | 5.00% | 2.05% | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% |
7.92% (July 2022)
-13.41% (August 1998)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.74% | -0.85% | -0.55% | 3.83% | -5.62% | 12.64% | 11.80% | 9.96% | -16.63% | 10.04% |
| Benchmark | 12.44% | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% |
| Category Average | 7.77% | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 3 | 1 | 2 | 4 | 2 |
| Category Rank | 571/ 653 | 695/ 776 | 866/ 876 | 891/ 960 | 971/ 1,101 | 640/ 1,213 | 174/ 1,295 | 521/ 1,380 | 1,478/ 1,517 | 722/ 1,635 |
12.64% (2019)
-16.63% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 20.81 |
| US Equity | 17.72 |
| International Equity | 16.99 |
| Foreign Government Bonds | 8.60 |
| Foreign Bonds - Other | 4.83 |
| Other | 31.05 |
| Name | Percent |
|---|---|
| Fixed Income | 37.51 |
| Mutual Fund | 23.14 |
| Industrial Goods | 10.04 |
| Technology | 7.57 |
| Cash and Cash Equivalent | 4.77 |
| Other | 16.97 |
| Name | Percent |
|---|---|
| North America | 78.21 |
| Europe | 19.19 |
| Asia | 1.78 |
| Multi-National | 0.22 |
| Latin America | 0.08 |
| Other | 0.52 |
| Name | Percent |
|---|---|
| NEI Environmental Leaders Fund Series I | 35.36 |
| NEI Global Corporate Leaders Fund I | 23.14 |
| US Dollar | 1.19 |
| Canadian Dollar | 0.63 |
| European Investment Bank 3.88% 15-Mar-2028 | 0.42 |
| International Bank Recon Dvlpt 3.88% 14-Feb-2030 | 0.42 |
| Inter-American Developmnt Bank 0.34% 15-Oct-2024 | 0.42 |
| Inter-American Developmnt Bank 3.50% 14-Sep-2029 | 0.41 |
| Morgan Stanley 5.60% 24-Mar-2050 | 0.41 |
| Inter-American Developmnt Bank 2.25% 18-Jun-2029 | 0.39 |
NEI Global Sustainable Balanced Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 12.63% | 11.83% | 8.86% |
|---|---|---|---|
| Beta | 1.30% | 1.32% | 0.88% |
| Alpha | -0.04% | -0.03% | -0.03% |
| Rsquared | 0.87% | 0.84% | 0.61% |
| Sharpe | -0.03% | 0.28% | 0.24% |
| Sortino | -0.01% | 0.31% | 0.10% |
| Treynor | 0.00% | 0.03% | 0.02% |
| Tax Efficiency | - | 57.75% | 26.60% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 9.45% | 12.63% | 11.83% | 8.86% |
| Beta | 1.43% | 1.30% | 1.32% | 0.88% |
| Alpha | -0.09% | -0.04% | -0.03% | -0.03% |
| Rsquared | 0.81% | 0.87% | 0.84% | 0.61% |
| Sharpe | 1.66% | -0.03% | 0.28% | 0.24% |
| Sortino | 4.48% | -0.01% | 0.31% | 0.10% |
| Treynor | 0.11% | 0.00% | 0.03% | 0.02% |
| Tax Efficiency | 90.11% | - | 57.75% | 26.60% |
| Start Date | September 29, 1989 |
|---|---|
| Instrument Type | Mutual Fund (Responsible Investment) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $325 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NWT064 | ||
| NWT10064 | ||
| NWT164 | ||
| NWT264 | ||
| NWT364 | ||
| NWT664 |
The Fund aims to generate a combination of income and capital appreciation over the long-term by investing in a globally diversified portfolio of equity and fixed income securities which fit within the Fund’s definition of responsible investing. The Fund follows a responsible approach to investing, as described on pages 74 to 79 of this prospectus. Unitholder approval (by a majority of votes cast at a meeting of unitholders) is required prior to a fundamental change of investment objectives.
To achieve its investment objective, the Fund invests in a mix of global equity and fixed income securities, either directly or indirectly through the use of derivatives, as well as securities of mutual funds and/or ETFs, including funds managed by third parties and/or those offered and managed by the Portfolio Manager.
| Name | Start Date |
|---|---|
| Hubert Aarts | 05-01-2020 |
| Peter Schwab | 05-01-2020 |
| Anthony Trzcinka | 05-01-2020 |
| Siddharth Jha | 05-01-2020 |
| Northwest & Ethical Investments L.P. | 05-01-2020 |
| Fund Manager | Northwest & Ethical Investments L.P. |
|---|---|
| Advisor | Northwest & Ethical Investments L.P. |
| Custodian | Desjardins Trust Inc. |
| Registrar | Northwest & Ethical Investments L.P. |
| Distributor | Credential Asset Management Inc. |
| Auditor | Ernst & Young LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 100 |
| MER | 2.17% |
|---|---|
| Management Fee | 1.70% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | 6.00% |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | 0.50% |
| Trailer Fee Max (NL) | 0.00% |
| Trailer Fee Max (LL) | - |
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