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Global Neutral Balanced
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|
NAVPS (02-13-2025) |
$10.79 |
|---|---|
| Change |
$0.06
(0.60%)
|
As at January 31, 2025
As at December 31, 2024
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Inception Return (September 29, 1989): 4.68%
| 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 | 3.50% | 3.08% | 3.83% | 3.50% | 12.90% | 8.84% | 3.79% | 3.29% | 4.61% | 5.63% | 4.44% | 4.36% | 3.77% | 3.12% |
| Benchmark | 2.72% | 5.85% | 8.38% | 2.72% | 19.75% | 13.94% | 7.22% | 6.21% | 6.79% | 7.75% | 6.97% | 7.50% | 7.02% | 6.89% |
| Category Average | 2.55% | 4.15% | 6.15% | 2.55% | 14.58% | 9.96% | 4.84% | 5.39% | 5.37% | 6.25% | 5.15% | 5.56% | 5.74% | 4.93% |
| Category Rank | 114 / 1,774 | 1,624 / 1,773 | 1,668 / 1,760 | 114 / 1,774 | 1,452 / 1,726 | 1,345 / 1,673 | 1,374 / 1,589 | 1,306 / 1,425 | 1,028 / 1,347 | 940 / 1,288 | 893 / 1,152 | 833 / 978 | 863 / 899 | 753 / 788 |
| Quartile Ranking | 1 | 4 | 4 | 1 | 4 | 4 | 4 | 4 | 4 | 3 | 4 | 4 | 4 | 4 |
| Return % | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.33% | 2.32% | -2.74% | 2.23% | 0.33% | 3.10% | 0.77% | 1.90% | -1.90% | 1.92% | -2.28% | 3.50% |
| Benchmark | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% |
7.92% (July 2022)
-13.41% (August 1998)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.85% | -0.55% | 3.83% | -5.62% | 12.64% | 11.80% | 9.96% | -16.63% | 10.04% | 8.98% |
| Benchmark | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% |
| Category Average | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% |
| Quartile Ranking | 4 | 4 | 4 | 4 | 3 | 1 | 2 | 4 | 2 | 4 |
| Category Rank | 702/ 783 | 882/ 892 | 905/ 976 | 985/ 1,122 | 682/ 1,244 | 174/ 1,334 | 563/ 1,417 | 1,515/ 1,554 | 749/ 1,673 | 1,588/ 1,726 |
12.64% (2019)
-16.63% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 21.59 |
| US Equity | 17.71 |
| International Equity | 17.47 |
| Foreign Government Bonds | 9.76 |
| Foreign Bonds - Other | 5.71 |
| Other | 27.76 |
| Name | Percent |
|---|---|
| Fixed Income | 41.06 |
| Mutual Fund | 23.48 |
| Industrial Goods | 10.83 |
| Technology | 8.12 |
| Basic Materials | 3.58 |
| Other | 12.93 |
| Name | Percent |
|---|---|
| North America | 77.75 |
| Europe | 19.17 |
| Asia | 2.03 |
| Latin America | 0.71 |
| Other | 0.34 |
| Name | Percent |
|---|---|
| CAD/USD FWD 20250227 | 41.26 |
| NEI Environmental Leaders Fund Series I | 35.25 |
| NEI Global Corporate Leaders Fund I | 23.48 |
| US Dollar | 1.17 |
| Fiserv Inc 5.15% 12-May-2034 | 0.51 |
| European Investment Bank 3.88% 15-Mar-2028 | 0.45 |
| Inter-American Developmnt Bank 3.50% 14-Sep-2029 | 0.44 |
| Inter-American Developmnt Bank 2.25% 18-Jun-2029 | 0.42 |
| International Finance Corp 4.50% 13-Jul-2028 | 0.41 |
| Morgan Stanley 5.60% 24-Mar-2050 | 0.41 |
NEI Global Sustainable Balanced Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 12.05% | 12.01% | 8.96% |
|---|---|---|---|
| Beta | 1.26% | 1.32% | 0.97% |
| Alpha | -0.05% | -0.04% | -0.03% |
| Rsquared | 0.86% | 0.84% | 0.65% |
| Sharpe | 0.06% | 0.24% | 0.20% |
| Sortino | 0.18% | 0.26% | 0.07% |
| Treynor | 0.01% | 0.02% | 0.02% |
| Tax Efficiency | 40.92% | 54.20% | 21.63% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.73% | 12.05% | 12.01% | 8.96% |
| Beta | 1.31% | 1.26% | 1.32% | 0.97% |
| Alpha | -0.11% | -0.05% | -0.04% | -0.03% |
| Rsquared | 0.78% | 0.86% | 0.84% | 0.65% |
| Sharpe | 1.06% | 0.06% | 0.24% | 0.20% |
| Sortino | 2.12% | 0.18% | 0.26% | 0.07% |
| Treynor | 0.06% | 0.01% | 0.02% | 0.02% |
| Tax Efficiency | 84.18% | 40.92% | 54.20% | 21.63% |
| 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) | $323 |
| 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 | Aviso Financial 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) | 1.00% |
| Trailer Fee Max (NL) | 0.00% |
| Trailer Fee Max (LL) | - |
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