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NEI Growth & Income Fund Series O

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Global Equity Balanced

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

NAVPS
(11-20-2024) 		$8.22
Change
-$0.01 (-0.11%)

As at October 31, 2024

As at September 30, 2024

Period
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Legend

NEI Growth & Income Fund Series O

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Fund Returns

Inception Return (June 29, 2018): 4.94%

Fund Returns
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 -0.47% 2.90% 9.52% 11.84% 22.84% 11.76% 0.70% 6.89% 5.61% 6.08% - - - -
Benchmark 0.42% 2.79% 10.62% 17.20% 26.88% 18.07% 6.92% 9.55% 8.96% 9.52% 8.24% 8.84% 8.53% 9.24%
Category Average -0.20% 2.18% 8.64% 13.52% 23.22% 13.95% 4.36% 8.19% 6.92% 7.23% 5.79% 6.34% 6.05% 6.04%
Category Rank 1,124 / 1,378 339 / 1,377 464 / 1,371 1,113 / 1,367 815 / 1,360 1,105 / 1,284 1,160 / 1,223 838 / 1,103 894 / 1,065 813 / 957 - - - -
Quartile Ranking 4 1 2 4 3 4 4 4 4 4 - - - -

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 5.50% 4.11% 0.44% 1.35% 2.26% -1.89% 2.41% 0.32% 3.59% 0.50% 2.87% -0.47%
Benchmark 5.87% 2.26% 1.06% 4.23% 2.30% -1.69% 2.36% 2.01% 3.06% -0.02% 2.38% 0.42%

Best Monthly Return Since Inception

8.41% (November 2020)

Worst Monthly Return Since Inception

-13.39% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - 16.04% 8.59% 14.53% -16.50% 9.68%
Benchmark 13.13% 17.03% 3.66% 11.99% 0.72% 16.29% 12.17% 11.33% -12.03% 15.07%
Category Average 7.89% 4.87% 4.92% 9.31% -5.49% 15.12% 8.09% 12.42% -11.85% 11.42%
Quartile Ranking - - - - - 2 2 1 4 3
Category Rank - - - - - 400/ 977 526/ 1,071 264/ 1,120 1,122/ 1,234 959/ 1,284

Best Calendar Return (Last 10 years)

16.04% (2019)

Worst Calendar Return (Last 10 years)

-16.50% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 22.51
Canadian Government Bonds 20.87
Canadian Corporate Bonds 20.26
US Equity 19.58
International Equity 13.87
Other 2.91

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 41.66
Financial Services 9.99
Technology 7.74
Consumer Goods 5.49
Healthcare 4.93
Other 30.19

Geographic Allocation

Geographic Allocation
Name Percent
North America 85.92
Europe 8.41
Asia 4.60
Latin America 0.81
Africa and Middle East 0.10
Other 0.16

Top Holdings

Top Holdings
Name Percent
NEI Canadian Bond Fund Series I 43.23
NEI Global Dividend RS Fund Series I 11.71
NEI Global Growth Fund Series I 11.69
NEI Global Equity RS Fund Series I 11.20
Bank of Nova Scotia 0.76
Toronto-Dominion Bank 0.75
Magna International Inc 0.75
Manulife Financial Corp 0.74
Linamar Corp 0.74
Canadian Tire Corp Ltd Cl A 0.73

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

NEI Growth & Income Fund Series O

Median

Other - Global Equity Balanced

3 Yr Annualized

Standard Deviation 11.03% 12.43% -
Beta 1.00% 1.11% -
Alpha -0.06% -0.04% -
Rsquared 0.90% 0.83% -
Sharpe -0.20% 0.32% -
Sortino -0.21% 0.35% -
Treynor -0.02% 0.04% -
Tax Efficiency - 50.67% -
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 -

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.29% 11.03% 12.43% -
Beta 0.89% 1.00% 1.11% -
Alpha -0.01% -0.06% -0.04% -
Rsquared 0.69% 0.90% 0.83% -
Sharpe 2.24% -0.20% 0.32% -
Sortino 7.96% -0.21% 0.35% -
Treynor 0.18% -0.02% 0.04% -
Tax Efficiency 85.89% - 50.67% -

Fund Details

Start Date June 29, 2018
Instrument Type Mutual Fund (Responsible Investment, Wrap Program)
Share Class Institutional
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $217

Fund Codes

FundServ Code Load Code Sales Status
NWT406

Investment Objectives

The objective of this Fund is to provide security of capital and to increase its value through capital appreciation and reinvestment of revenues by investing primarily in a mix of (i) equity securities of Canadian and foreign companies and (ii) bonds, debentures and other securities issued by governments, financial institutions and companies in Canada and in the United States and other foreign countries.

Investment Strategy

The Portfolio Manager invests in securities and mutual funds that invest in companies that fit established investment criteria to create a portfolio of enduring quality, value, dividend and growth characteristics.

Portfolio Manager(s)

Name Start Date
Northwest & Ethical Investments L.P. 06-29-2018
Charmaine Lim Uy 11-21-2023
Stéphane Lebrun 11-21-2023
Mila Krassiouk 11-21-2023

Management and Organization

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

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment -
PAC Subsequent -
SWP Allowed Yes
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.06%
Management Fee 2.00%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.00%
Trailer Fee Max (LL) -

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