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Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (03-17-2025) |
$10.63 |
|---|---|
| Change |
$0.03
(0.28%)
|
As at February 28, 2025
As at January 31, 2025
Inception Return (September 29, 1989): 4.65%
| 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 | -0.60% | 0.53% | 2.42% | 2.88% | 8.60% | 8.84% | 4.83% | 3.29% | 5.20% | 5.16% | 4.52% | 4.21% | 3.85% | 2.93% |
| Benchmark | -0.03% | 2.87% | 8.43% | 2.69% | 16.11% | 14.54% | 7.96% | 6.28% | 7.36% | 7.48% | 6.74% | 7.02% | 7.35% | 6.79% |
| Category Average | 0.06% | 1.31% | 5.62% | 2.61% | 12.30% | 10.81% | 5.44% | 5.22% | 6.13% | 5.96% | 5.33% | 5.29% | 5.92% | 4.70% |
| Category Rank | 1,542 / 1,770 | 1,616 / 1,770 | 1,719 / 1,758 | 665 / 1,770 | 1,672 / 1,723 | 1,501 / 1,670 | 1,235 / 1,590 | 1,296 / 1,423 | 1,046 / 1,346 | 1,004 / 1,291 | 898 / 1,161 | 815 / 977 | 872 / 903 | 758 / 792 |
| Quartile Ranking | 4 | 4 | 4 | 2 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.32% | -2.74% | 2.23% | 0.33% | 3.10% | 0.77% | 1.90% | -1.90% | 1.92% | -2.28% | 3.50% | -0.60% |
| Benchmark | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% |
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 | 903/ 974 | 983/ 1,120 | 680/ 1,241 | 174/ 1,332 | 563/ 1,415 | 1,513/ 1,552 | 747/ 1,670 | 1,585/ 1,723 |
12.64% (2019)
-16.63% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 22.35 |
| US Equity | 17.76 |
| International Equity | 17.07 |
| Foreign Government Bonds | 9.12 |
| Foreign Bonds - Other | 5.58 |
| Other | 28.12 |
| Name | Percent |
|---|---|
| Fixed Income | 40.98 |
| Mutual Fund | 23.83 |
| Industrial Goods | 11.24 |
| Technology | 8.14 |
| Industrial Services | 3.70 |
| Other | 12.11 |
| Name | Percent |
|---|---|
| North America | 78.68 |
| Europe | 17.58 |
| Asia | 2.58 |
| Latin America | 0.63 |
| Other | 0.53 |
| Name | Percent |
|---|---|
| CAD/USD FWD 20250227 | 40.27 |
| NEI Environmental Leaders Fund Series I | 35.86 |
| NEI Global Corporate Leaders Fund I | 23.83 |
| US Dollar | 0.87 |
| Fiserv Inc 5.15% 12-May-2034 | 0.51 |
| European Investment Bank 3.88% 15-Mar-2028 | 0.44 |
| Inter-American Developmnt Bank 3.50% 14-Sep-2029 | 0.43 |
| Inter-American Developmnt Bank 2.25% 18-Jun-2029 | 0.41 |
| International Finance Corp 4.50% 13-Jul-2028 | 0.41 |
| Morgan Stanley 5.60% 24-Mar-2050 | 0.40 |
NEI Global Sustainable Balanced Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 11.85% | 11.89% | 8.96% |
|---|---|---|---|
| Beta | 1.25% | 1.33% | 0.97% |
| Alpha | -0.05% | -0.04% | -0.03% |
| Rsquared | 0.86% | 0.83% | 0.65% |
| Sharpe | 0.14% | 0.29% | 0.18% |
| Sortino | 0.32% | 0.33% | 0.05% |
| Treynor | 0.01% | 0.03% | 0.02% |
| Tax Efficiency | 55.07% | 59.53% | 15.61% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.45% | 11.85% | 11.89% | 8.96% |
| Beta | 1.27% | 1.25% | 1.33% | 0.97% |
| Alpha | -0.11% | -0.05% | -0.04% | -0.03% |
| Rsquared | 0.77% | 0.86% | 0.83% | 0.65% |
| Sharpe | 0.60% | 0.14% | 0.29% | 0.18% |
| Sortino | 1.22% | 0.32% | 0.33% | 0.05% |
| Treynor | 0.04% | 0.01% | 0.03% | 0.02% |
| Tax Efficiency | 76.89% | 55.07% | 59.53% | 15.61% |
| 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) | $318 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NWT064 | ||
| NWT264 |
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.
| Portfolio Manager |
Northwest & Ethical Investments L.P. |
|---|---|
| Sub-Advisor |
Impax Asset Management LLC
|
| Fund Manager |
Northwest & Ethical Investments L.P. |
|---|---|
| Custodian |
Desjardins Trust Inc. |
| Registrar |
Northwest & Ethical Investments L.P. |
| Distributor |
Aviso Financial Inc. |
| 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 Back or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.00% |
| Trailer Fee Max (LL) | - |
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