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NEI Global Growth Fund Series A

Global Equity

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade C

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NAVPS
(11-07-2024)
$12.13
Change
$0.04 (0.36%)

As at September 30, 2024

As at August 31, 2024

As at July 31, 2024

Period
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Legend

NEI Global Growth Fund Series A

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Fund Returns

Inception Return (May 30, 1995): 4.28%

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 3.93% 8.31% 8.45% 14.68% 27.66% 18.24% -6.29% -0.54% 2.00% 0.66% 2.03% 2.82% 3.49% 3.93%
Benchmark 2.54% 5.44% 9.22% 20.44% 31.13% 24.98% 10.10% 12.92% 12.49% 10.93% 11.34% 11.57% 11.47% 11.51%
Category Average 1.86% 5.00% 6.76% 16.90% 26.55% 20.80% 7.09% 10.29% 9.82% 8.46% 8.68% 8.97% 8.86% 8.56%
Category Rank 62 / 2,080 153 / 2,071 489 / 2,041 1,483 / 2,016 806 / 1,971 1,484 / 1,861 1,721 / 1,730 1,537 / 1,543 1,451 / 1,462 1,326 / 1,329 1,130 / 1,135 1,027 / 1,038 841 / 845 719 / 745
Quartile Ranking 1 1 1 3 2 4 4 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund -4.20% 10.15% 5.49% -1.16% 4.07% 2.80% -2.14% 2.96% -0.62% 3.93% 0.28% 3.93%
Benchmark -0.71% 6.95% 2.53% 1.41% 5.64% 2.94% -1.84% 3.15% 2.29% 2.79% 0.04% 2.54%

Best Monthly Return Since Inception

11.60% (January 2023)

Worst Monthly Return Since Inception

-14.22% (April 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 6.69% 12.10% 3.97% 12.56% -5.73% 11.37% 16.88% 7.31% -38.57% 17.95%
Benchmark 13.97% 16.88% 5.18% 16.29% -1.79% 21.41% 13.15% 17.62% -12.64% 19.37%
Category Average 8.33% 8.98% 3.86% 14.23% -5.38% 19.94% 11.73% 16.21% -13.86% 15.08%
Quartile Ranking 4 3 2 3 3 4 1 4 4 2
Category Rank 563/ 680 472/ 762 443/ 886 656/ 1,044 695/ 1,191 1,294/ 1,391 341/ 1,472 1,523/ 1,592 1,736/ 1,747 618/ 1,899

Best Calendar Return (Last 10 years)

17.95% (2023)

Worst Calendar Return (Last 10 years)

-38.57% (2022)

Asset Allocation

Asset Allocation
Name Percent
International Equity 50.67
US Equity 46.20
Canadian Equity 1.79
Cash and Equivalents 1.35
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 26.78
Industrial Goods 18.68
Industrial Services 13.57
Healthcare 13.31
Consumer Services 9.11
Other 18.55

Geographic Allocation

Geographic Allocation
Name Percent
North America 49.33
Europe 29.72
Asia 15.50
Latin America 5.44
Other 0.01

Top Holdings

Top Holdings
Name Percent
Mercadolibre Inc 4.50
Taiwan Semiconductor Manufactrg Co Ltd 4.24
Microsoft Corp 4.10
Recruit Holdings Co Ltd 3.70
Illumina Inc 3.28
UnitedHealth Group Inc 3.14
Beijer Ref AB (publ) Cl B 3.07
Texas Instruments Inc 3.03
Alphabet Inc Cl A 2.88
Atlas Copco AB Cl B 2.75

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 Global Growth Fund Series A

Median

Other - Global Equity

3 Yr Annualized

Standard Deviation 20.22% 18.11% 14.93%
Beta 1.42% 1.23% 1.14%
Alpha -0.19% -0.12% -0.08%
Rsquared 0.79% 0.79% 0.82%
Sharpe -0.39% 0.08% 0.23%
Sortino -0.48% 0.05% 0.18%
Treynor -0.05% 0.01% 0.03%
Tax Efficiency - 17.75% 54.46%
Volatility Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 9 on a scale of 1 to 10 Volatility rating is 9 on a scale of 1 to 10

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 13.51% 20.22% 18.11% 14.93%
Beta 1.37% 1.42% 1.23% 1.14%
Alpha -0.13% -0.19% -0.12% -0.08%
Rsquared 0.74% 0.79% 0.79% 0.82%
Sharpe 1.54% -0.39% 0.08% 0.23%
Sortino 4.23% -0.48% 0.05% 0.18%
Treynor 0.15% -0.05% 0.01% 0.03%
Tax Efficiency 100.00% - 17.75% 54.46%

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 May 30, 1995
Instrument Type Mutual Fund (Responsible Investment)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $323

Fund Codes

FundServ Code Load Code Sales Status
NWT10211
NWT10311
NWT110
NWT610
NWT810

Investment Objectives

The NEI Global Growth Fund seeks to achieve long-term growth by investing in a global portfolio of equities, which include common stock and other equity securities of issuers located in countries throughout developed and emerging markets. The NEI Global Growth Fund follows a responsible approach to investing, as described on pages 74 to 79 of this prospectus.

Investment Strategy

To achieve its objectives, the Fund invests primarily in equity securities either directly or indirectly, from issuers around the world, across a range of industries. The portfolio sub-advisor employs a bottom-up, benchmark unconstrained approach to security selection and selects companies that demonstrate sustainable growth prospects and good stewardship that it believes will deliver above average returns over the long term.

Portfolio Manager(s)

Name Start Date
Northwest & Ethical Investments L.P. 07-08-2010
Gary Robinson 11-15-2021
Zaki Sabir 11-15-2021
Craig Noble 11-15-2021
Katherine Davidson 04-01-2022
Toby Ross 01-01-2023

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 2.18%
Management Fee 1.75%
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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