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NEI Canadian Bond Fund Series A
Canadian Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade B
Click for more information on Fundata’s FundGrade.
|
NAVPS (06-17-2026) |
$8.15 |
|---|---|
| Change |
-$0.02
(-0.22%)
|
As at May 31, 2026
As at April 30, 2026
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Legend
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Fund Returns
Inception Return (January 29, 1982): 5.85%
| 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 | 1.23% | -0.87% | -0.10% | 1.13% | 2.41% | 4.71% | 3.95% | 2.99% | 0.30% | 0.00% | 0.91% | 1.54% | 1.12% | 1.18% |
| Benchmark | 1.41% | -0.55% | 0.39% | 1.78% | 2.90% | 5.87% | 4.11% | 3.23% | 0.83% | 0.37% | 1.26% | 1.96% | 1.65% | 1.78% |
| Category Average | 1.24% | -0.66% | 0.15% | 1.39% | 2.55% | 4.42% | 3.76% | 2.80% | 0.25% | 0.19% | 0.90% | 1.44% | 1.11% | 1.25% |
| Category Rank | 423 / 494 | 453 / 493 | 438 / 488 | 437 / 489 | 392 / 473 | 279 / 439 | 250 / 415 | 263 / 403 | 268 / 390 | 269 / 368 | 229 / 354 | 210 / 334 | 207 / 308 | 203 / 281 |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.16% | -0.59% | 0.46% | 1.76% | 0.55% | 0.16% | -1.22% | 0.53% | 1.48% | -2.12% | 0.04% | 1.23% |
| Benchmark | 0.04% | -0.74% | 0.37% | 1.80% | 0.76% | 0.26% | -1.36% | 0.63% | 1.70% | -1.99% | 0.06% | 1.41% |
Best Monthly Return Since Inception
4.92% (February 1990)
Worst Monthly Return Since Inception
-4.13% (March 1994)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.29% | 1.47% | 0.20% | 5.68% | 9.47% | -3.94% | -11.93% | 6.00% | 4.16% | 2.48% |
| Benchmark | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% | 4.10% | 2.40% |
| Category Average | 1.60% | 1.96% | -0.34% | 6.21% | 8.18% | -2.79% | -12.16% | 6.16% | 3.68% | 2.23% |
| Quartile Ranking | 4 | 3 | 4 | 4 | 1 | 4 | 3 | 3 | 2 | 3 |
| Category Rank | 258/ 265 | 211/ 298 | 249/ 319 | 264/ 348 | 72/ 360 | 367/ 382 | 225/ 399 | 284/ 407 | 197/ 431 | 271/ 469 |
Best Calendar Return (Last 10 years)
9.47% (2020)
Worst Calendar Return (Last 10 years)
-11.93% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Government Bonds | 47.98 |
| Canadian Corporate Bonds | 47.19 |
| Cash and Equivalents | 1.69 |
| Foreign Government Bonds | 1.55 |
| Foreign Corporate Bonds | 1.47 |
| Other | 0.12 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 98.24 |
| Cash and Cash Equivalent | 1.69 |
| Mutual Fund | 0.02 |
| Other | 0.05 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 99.93 |
| Multi-National | 0.02 |
| Other | 0.05 |
Top Holdings
| Name | Percent |
|---|---|
| NEI Canadian Impact Bond Fund I | 7.61 |
| Toronto-Dominion Bank 3.84% 29-May-2030 | 6.39 |
| Canada Housing Trust No 1 1.10% 15-Mar-2031 | 5.57 |
| Ontario Province 5.85% 08-Mar-2033 | 4.37 |
| Ontario Province 1.90% 02-Dec-2051 | 2.89 |
| Canada Housing Trust, Series 130 3.50% 15-Mar-2036 | 2.64 |
| British Columbia Province 4.15% 18-Jun-2034 | 2.54 |
| Ontario Province 4.15% 02-Dec-2054 | 2.53 |
| Ontario Province 3.60% 02-Jun-2035 | 2.46 |
| Ontario Province 3.75% 02-Jun-2032 | 2.42 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
NEI Canadian Bond Fund Series A
Median
Other - Canadian Fixed Income
3 Yr Annualized
| Standard Deviation | 5.17% | 6.16% | 5.29% |
|---|---|---|---|
| Beta | 0.95 | 1.02 | 0.98 |
| Alpha | 0.00 | -0.01 | -0.01 |
| Rsquared | 0.91% | 0.95% | 0.95% |
| Sharpe | 0.08 | -0.39 | -0.11 |
| Sortino | 0.32 | -0.54 | -0.43 |
| Treynor | 0.00 | -0.02 | -0.01 |
| Tax Efficiency | 58.00% | - | - |
| Volatility |
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|
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Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.84% | 5.17% | 6.16% | 5.29% |
| Beta | 0.94 | 0.95 | 1.02 | 0.98 |
| Alpha | 0.00 | 0.00 | -0.01 | -0.01 |
| Rsquared | 0.99% | 0.91% | 0.95% | 0.95% |
| Sharpe | 0.03 | 0.08 | -0.39 | -0.11 |
| Sortino | -0.19 | 0.32 | -0.54 | -0.43 |
| Treynor | 0.00 | 0.00 | -0.02 | -0.01 |
| Tax Efficiency | 33.43% | 58.00% | - | - |
Fund Details
| Start Date | January 29, 1982 |
|---|---|
| Instrument Type | Mutual Fund (Responsible Investment) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $1,262 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NWT062 | ||
| NWT262 |
Investment Objectives
The Fund aims to provide high current income while protecting your original investment. It invests mostly in bonds, debentures and securities that are issued or guaranteed by the Government of Canada, a province or Canadian companies, and money market securities. The Fund follows a responsible approach to investing, as described on pages 77 to 82 of this prospectus. Unitholder approval (by a majority of votes cast at a meeting of unitholders) is required prior to a fundamental change of investme
Investment Strategy
All decisions and strategies are based on seeking the preservation of capital and an active approach to adding value. The analysis of a fixed income investment is based on both an objective analysis based on credit ratings (both internal and external) and subjective judgment based on the outlook for the company and industry. The Portfolio Sub-Advisor makes gradual changes in the portfolio and captures incremental capital gains. Along with forecasting trends in interest rates and comparative retu
Portfolio Management
| Portfolio Manager |
Northwest & Ethical Investments L.P.
|
|---|---|
| Sub-Advisor |
Guardian Capital LP
|
Management and Organization
| Fund Manager |
Northwest & Ethical Investments L.P. |
|---|---|
| Custodian |
Desjardins Trust Inc. |
| Registrar |
Northwest & Ethical Investments L.P. |
| Distributor |
Aviso Financial Inc. |
Investment Minimums
| 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 |
Fees
| MER | 1.61% |
|---|---|
| Management Fee | 1.15% |
| Load | Choice of Back or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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