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NEI Canadian Equity Fund Series A

Canadian Focused Equity

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade B

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NAVPS
(05-24-2024)
$19.90
Change
$0.08 (0.42%)

As at April 30, 2024

As at February 29, 2024

As at February 29, 2024

Period
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NEI Canadian Equity Fund Series A

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Fund Returns

Inception Return (February 28, 1992): 7.30%

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 -1.74% 2.12% 15.08% 2.61% 7.57% 2.65% 0.38% 10.81% 4.02% 3.92% 4.11% 5.93% 4.82% 5.03%
Benchmark -1.88% 4.85% 17.19% 5.71% 11.43% 7.58% 7.04% 12.66% 8.52% 8.55% 7.89% 9.07% 7.46% 7.73%
Category Average -2.50% 15.76% 15.76% 5.24% 11.06% 7.67% 6.32% 12.34% 8.20% 7.72% 6.96% 7.89% 6.30% 6.41%
Category Rank 169 / 614 491 / 612 379 / 612 581 / 612 466 / 609 582 / 597 582 / 585 457 / 570 560 / 567 511 / 525 464 / 485 417 / 446 383 / 417 350 / 395
Quartile Ranking 2 4 3 4 4 4 4 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -4.10% 5.12% 2.32% -0.67% -4.40% -4.58% 6.30% 5.50% 0.48% 0.03% 3.90% -1.74%
Benchmark -3.65% 3.16% 2.78% -1.03% -3.68% -2.36% 7.23% 3.38% 0.82% 3.10% 3.64% -1.88%

Best Monthly Return Since Inception

14.88% (November 2020)

Worst Monthly Return Since Inception

-22.24% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 8.80% 1.39% 11.42% 11.52% -10.45% 20.46% -0.45% 24.38% -16.69% 9.92%
Benchmark 10.96% -0.77% 14.44% 10.80% -7.14% 21.45% 7.58% 21.76% -8.87% 13.60%
Category Average 9.08% -2.47% 11.42% 8.06% -8.78% 18.54% 7.73% 22.26% -9.42% 13.34%
Quartile Ranking 4 2 3 2 4 3 4 2 4 4
Category Rank 293/ 383 153/ 408 330/ 441 146/ 467 394/ 520 298/ 556 492/ 570 195/ 578 509/ 592 476/ 604

Best Calendar Return (Last 10 years)

24.38% (2021)

Worst Calendar Return (Last 10 years)

-16.69% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 73.59
US Equity 13.44
International Equity 11.69
Cash and Equivalents 1.29
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Financial Services 22.01
Basic Materials 12.58
Consumer Goods 9.72
Technology 9.44
Telecommunications 8.79
Other 37.46

Geographic Allocation

Geographic Allocation
Name Percent
North America 88.31
Europe 10.73
Asia 0.96

Top Holdings

Top Holdings
Name Percent
Canadian Tire Corp Ltd Cl A 2.66
Toronto-Dominion Bank 2.61
Bank of Nova Scotia 2.59
Manulife Financial Corp 2.46
Linamar Corp 2.43
Royal Bank of Canada 2.43
Magna International Inc 2.41
Bank of Montreal 2.34
Rogers Communications Inc Cl B 2.22
Power Corp of Canada 2.15

Equity Style

Market capitalization is large. Equity style is blend.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

NEI Canadian Equity Fund Series A

Median

Other - Canadian Focused Equity

3 Yr Annualized

Standard Deviation 15.50% 19.00% 15.01%
Beta 1.14% 1.23% 1.19%
Alpha -0.07% -0.06% -0.04%
Rsquared 0.89% 0.89% 0.86%
Sharpe -0.08% 0.20% 0.31%
Sortino -0.13% 0.20% 0.28%
Treynor -0.01% 0.03% 0.04%
Tax Efficiency - 40.63% 70.69%
Volatility Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 9 on a scale of 1 to 10

Risk Rating

Rating 8 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 13.70% 15.50% 19.00% 15.01%
Beta 1.07% 1.14% 1.23% 1.19%
Alpha -0.04% -0.07% -0.06% -0.04%
Rsquared 0.86% 0.89% 0.89% 0.86%
Sharpe 0.25% -0.08% 0.20% 0.31%
Sortino 0.62% -0.13% 0.20% 0.28%
Treynor 0.03% -0.01% 0.03% 0.04%
Tax Efficiency - - 40.63% 70.69%

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 February 28, 1992
Instrument Type Mutual Fund (Responsible Investment)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
NWT108
NWT209
NWT309
NWT608
NWT808

Investment Objectives

The objective of this Fund is to achieve long-term capital appreciation by investing primarily in equity securities of Canadian companies. The Fund may invest in both large and small capitalization companies.

Investment Strategy

The Fund invests primarily in equity securities (including securities convertible into equity securities) of Canadian companies, but may invest up to 35% of the Fund’s property in similar securities of companies located outside of Canada.

Portfolio Manager(s)

Name Start Date
Northwest & Ethical Investments L.P. 06-28-2010
Mila Krassiouk 11-21-2023
Stéphane Lebrun 11-21-2023
Charmaine Lim Uy 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 500
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 100

Fees

MER 2.58%
Management Fee 1.90%
Load Choice of Front or No Load
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) -

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