Join Fund Library now and get free access to personalized features to help you manage your investments.

NEI Canadian Dividend Fund Series A

Canadian Div & Inc Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeB Click for more information on Fundata’s ESG Grade

Fundata ESG Grade B

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2016, 2015, 2014

Click for more information on Fundata’s FundGrade

NAVPS
(04-22-2024)
$13.63
Change
$0.06 (0.46%)

As at March 31, 2024

As at February 29, 2024

As at February 29, 2024

Period
Loading...

Legend

NEI Canadian Dividend Fund Series A

Compare Options


Fund Returns

Inception Return (November 18, 2002): 7.34%

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 1.66% 3.56% 10.79% 3.56% 6.98% 1.00% 6.53% 14.38% 6.01% 5.78% 4.80% 5.83% 5.03% 5.33%
Benchmark 4.14% 6.62% 15.26% 6.62% 13.96% 3.95% 9.11% 16.99% 9.96% 9.65% 8.48% 9.70% 7.76% 7.67%
Category Average 2.88% 13.24% 13.24% 5.34% 9.89% 1.74% 7.86% 13.92% 7.75% 7.60% 6.53% 7.55% 6.30% 6.18%
Category Rank 416 / 458 423 / 453 419 / 451 423 / 453 407 / 448 360 / 437 361 / 410 226 / 396 344 / 387 336 / 360 307 / 336 276 / 308 235 / 268 206 / 256
Quartile Ranking 4 4 4 4 4 4 4 3 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 2.31% -5.44% 3.43% 2.26% -2.35% -3.35% -2.45% 5.82% 3.64% 0.28% 1.59% 1.66%
Benchmark 2.90% -4.95% 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14%

Best Monthly Return Since Inception

12.03% (November 2020)

Worst Monthly Return Since Inception

-19.30% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 9.88% -1.22% 16.67% 3.12% -8.86% 16.64% -7.54% 28.75% -3.67% 6.00%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 8.23% -6.21% 17.48% 7.25% -7.75% 18.42% -1.18% 26.41% -3.72% 7.17%
Quartile Ranking 2 2 3 4 3 4 4 2 3 4
Category Rank 120/ 244 85/ 267 185/ 303 281/ 334 253/ 359 290/ 381 364/ 396 138/ 408 261/ 431 337/ 442

Best Calendar Return (Last 10 years)

28.75% (2021)

Worst Calendar Return (Last 10 years)

-8.86% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 69.91
US Equity 13.10
Income Trust Units 7.18
International Equity 6.13
Cash and Equivalents 3.68

Sector Allocation

Sector Allocation
Name Percent
Financial Services 32.46
Energy 12.21
Consumer Services 12.04
Telecommunications 9.16
Real Estate 6.73
Other 27.40

Geographic Allocation

Geographic Allocation
Name Percent
North America 93.87
Europe 6.13

Top Holdings

Top Holdings
Name Percent
Toronto-Dominion Bank 5.06
Royal Bank of Canada 4.69
TC Energy Corp 4.03
Bank of Nova Scotia 3.26
BCE Inc 3.21
Canadian Imperial Bank of Commerce 3.15
Manulife Financial Corp 3.14
Brookfield Corp Cl A 3.14
Hydro One Ltd 3.11
Nutrien Ltd 2.90

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

NEI Canadian Dividend Fund Series A

Median

Other - Canadian Div & Inc Equity

3 Yr Annualized

Standard Deviation 11.38% 15.33% 12.10%
Beta 0.82% 0.93% 0.89%
Alpha -0.01% -0.03% -0.01%
Rsquared 0.92% 0.90% 0.87%
Sharpe 0.38% 0.33% 0.38%
Sortino 0.51% 0.36% 0.33%
Treynor 0.05% 0.05% 0.05%
Tax Efficiency 63.35% 58.74% 59.69%
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 11.56% 11.38% 15.33% 12.10%
Beta 0.88% 0.82% 0.93% 0.89%
Alpha -0.05% -0.01% -0.03% -0.01%
Rsquared 0.95% 0.92% 0.90% 0.87%
Sharpe 0.23% 0.38% 0.33% 0.38%
Sortino 0.57% 0.51% 0.36% 0.33%
Treynor 0.03% 0.05% 0.05% 0.05%
Tax Efficiency 64.52% 63.35% 58.74% 59.69%

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date November 18, 2002
Instrument Type Mutual Fund (Responsible Investment, Wrap Program)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $148

Fund Codes

FundServ Code Load Code Sales Status
NWT128
NWT229
NWT329
NWT628
NWT828

Investment Objectives

This Fund’s objective is to achieve a balance between high dividend income and capital growth by investing mainly in a diversified portfolio of blue-chip Canadian common stocks and, to a lesser extent, in high-yield preferred stocks and interest bearing securities. Unitholder approval (by a majority of votes cast at a meeting of unitholders) is required prior to a fundamental change of investment objectives.

Investment Strategy

The Portfolio Sub-Advisor focuses primarily on high quality, undervalued common stocks. The Portfolio Sub-Advisor’s selections seek to give preference to capital preservation and capital growth, while providing a high, regular level of income over a full market cycle. The Portfolio Sub-Advisor chooses the investments by seeking out reputable businesses with sound financials that are trading below intrinsic value.

Portfolio Manager(s)

Name Start Date
Northwest & Ethical Investments L.P. 05-30-2007
Peter C. Chin 12-23-2016
James D. Lampard 12-23-2016

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 500
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 100

Fees

MER 2.22%
Management Fee 1.75%
Load Choice of Front or Back
FE Max 5.00%
DSC Max 6.00%
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) 0.50%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

Join Fund Library now and get free access to personalized features to help you manage your investments.