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NEI Global Total Return Bond Fund Series A

Global Core Plus Fixd Inc

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

NAVPS
(07-21-2025)
$8.40
Change
$0.03 (0.37%)

As at June 30, 2025

As at May 31, 2025

Period
Created with Highcharts 10.3.3May 2014May 2015May 2016May 2017May 2018May 2019May 2020May 2021May 2022May 2023May 2024May 2025Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025May 2015Jan 2017Sep 2018May 2020Jan 2022Sep 2023$10,000$11,000$12,000$13,000$9,000$9,500$10,500$11,500Period

Legend

NEI Global Total Return Bond Fund Series A

Compare Options


Fund Returns

Inception Return (September 25, 2013): 2.09%

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 1.12% 1.77% 3.37% 3.37% 5.22% 4.83% 3.94% 1.41% 1.35% 1.46% 1.73% 1.65% 1.67% 1.52%
Benchmark 1.17% -1.15% 1.81% 1.81% 8.38% 6.12% 4.37% -0.05% -1.62% 0.08% 0.81% 1.03% 0.66% 1.87%
Category Average - - - - - - - - - - - - - -
Category Rank 83 / 363 7 / 363 25 / 361 25 / 361 160 / 352 144 / 323 124 / 304 41 / 272 45 / 241 54 / 208 51 / 183 38 / 150 31 / 135 41 / 107
Quartile Ranking 1 1 1 1 2 2 2 1 1 2 2 2 1 2

Monthly Return

Created with Highcharts 10.3.3-2%-1%0%1%2%3%4%5%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 1.94% 0.43% 0.91% -1.36% 1.20% -1.29% 1.02% 1.17% -0.61% 1.23% -0.58% 1.12%
Benchmark 3.88% -0.22% 1.89% -0.37% 0.95% 0.21% 1.24% 1.20% 0.53% -1.24% -1.07% 1.17%

Best Monthly Return Since Inception

4.19% (April 2020)

Worst Monthly Return Since Inception

-8.60% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 0.69% 0.43% 4.31% -3.00% 8.80% 1.70% -3.32% -4.75% 6.50% 2.18%
Benchmark 16.63% -1.36% -0.08% 7.82% 1.45% 7.03% -6.05% -10.83% 2.72% 6.80%
Category Average - - - - - - - - - -
Quartile Ranking 4 3 1 4 1 4 3 1 2 4
Category Rank 97/ 106 75/ 124 21/ 141 170/ 170 17/ 202 215/ 216 192/ 259 16/ 285 81/ 322 274/ 348

Best Calendar Return (Last 10 years)

8.80% (2019)

Worst Calendar Return (Last 10 years)

-4.75% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Government Bonds 53.55
Foreign Corporate Bonds 35.62
Cash and Equivalents 7.91
Canadian Government Bonds 1.79
US Equity 1.13

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 90.96
Cash and Cash Equivalent 7.92
Financial Services 1.13

Geographic Allocation

Geographic Allocation
Name Percent
North America 98.27
Europe 15.77
Latin America 7.66
Asia 5.85
Africa and Middle East 1.13

Top Holdings

Top Holdings
Name Percent
CAD/USD FWD 20250820 46.57
CAD/EUR FWD 20250820 40.01
USD/GBP FWD 20250617 12.17
USD/CHF FWD 20250605 6.60
CAD/USD FWD 20250602 4.78
USD/CNY FWD 20250716 4.30
USD/SEK FWD 20250724 3.74
CAD/GBP FWD 20250617 3.34
Spain Government 1.40% 30-Jul-2028 2.93
United Kingdom Government 0.88% 31-Jul-2033 2.78

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return23456789101112-2%0%2%4%6%8%10%

NEI Global Total Return Bond Fund Series A

Median

Other - Global Core Plus Fixd Inc

3 Yr Annualized

Standard Deviation 4.42% 4.30% 4.78%
Beta 0.46% 0.25% 0.03%
Alpha 0.02% 0.02% 0.02%
Rsquared 0.35% 0.14% 0.00%
Sharpe 0.00% -0.25% -0.02%
Sortino 0.34% -0.50% -0.36%
Treynor 0.00% -0.04% -0.03%
Tax Efficiency 38.12% - 2.41%
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 3.81% 4.42% 4.30% 4.78%
Beta 0.45% 0.46% 0.25% 0.03%
Alpha 0.01% 0.02% 0.02% 0.02%
Rsquared 0.33% 0.35% 0.14% 0.00%
Sharpe 0.47% 0.00% -0.25% -0.02%
Sortino 0.86% 0.34% -0.50% -0.36%
Treynor 0.04% 0.00% -0.04% -0.03%
Tax Efficiency 69.15% 38.12% - 2.41%

Fund Details

Start Date September 25, 2013
Instrument Type Mutual Fund (Responsible Investment)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $1,559

Fund Codes

FundServ Code Load Code Sales Status
NWT194

Investment Objectives

The investment objective of the Fund is to provide a high level of current income with the potential for capital gains. The Fund will invest its assets primarily in global fixed income instruments from both developed and emerging markets. The Fund can invest across all sectors and credit qualities but will be primarily invested in investment grade securities rated BBB- and above by Standard & Poor’s (or its equivalent by qualified rating agencies).

Investment Strategy

The Portfolio Sub-Advisor and Commodity Futures Portfolio Manager apply an investment process based on a rigorous global top-down approach consisting of allocating the active risk of the portfolio taking into consideration duration management, country and yield curve decisions, sovereign bonds, credit allocations and currency management. During normal periods, these factors are expected to have low correlation and improve the portfolio diversification.

Portfolio Management

Portfolio Manager

Northwest & Ethical Investments L.P.

Amundi (UK) Limited

Sub-Advisor

Amundi Canada Inc.

  • Grégoire Pesquès
  • Reine Bitar

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 1.84%
Management Fee 1.40%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.75%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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