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NEI Global Sustainable Balanced Fund Series A

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Global Neutral Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(07-25-2024) 		$10.61
Change
-$0.03 (-0.29%)

As at June 30, 2024

As at May 31, 2024

Period
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Legend

NEI Global Sustainable Balanced Fund Series A

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Fund Returns

Inception Return (September 29, 1989): 4.56%

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 0.33% -0.25% 5.37% 5.37% 9.59% 11.15% 0.73% 4.84% 4.27% 3.95% 3.80% 3.39% 2.74% 2.67%
Benchmark 1.79% 1.93% 7.81% 7.81% 14.07% 12.55% 3.51% 5.23% 5.76% 5.68% 6.03% 6.45% 6.40% 7.19%
Category Average 0.73% 5.44% 5.44% 5.44% 10.21% 9.05% 2.16% 5.38% 4.58% 4.52% 4.51% 4.94% 4.41% 4.55%
Category Rank 1,347 / 1,742 1,614 / 1,712 963 / 1,712 963 / 1,712 1,090 / 1,680 398 / 1,609 1,247 / 1,464 819 / 1,342 788 / 1,284 765 / 1,165 747 / 1,044 843 / 948 781 / 823 684 / 715
Quartile Ranking 4 4 3 3 3 1 4 3 3 3 3 4 4 4

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 0.55% -1.37% -4.05% -2.20% 6.99% 4.46% -0.09% 3.33% 2.32% -2.74% 2.23% 0.33%
Benchmark 1.75% 0.57% -3.70% 0.21% 5.00% 2.05% 0.78% 3.10% 1.80% -1.57% 1.73% 1.79%

Best Monthly Return Since Inception

7.92% (July 2022)

Worst Monthly Return Since Inception

-13.41% (August 1998)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 6.74% -0.85% -0.55% 3.83% -5.62% 12.64% 11.80% 9.96% -16.63% 10.04%
Benchmark 12.44% 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69%
Category Average 7.77% 2.99% 5.05% 7.69% -3.99% 13.52% 7.16% 9.69% -11.26% 9.53%
Quartile Ranking 4 4 4 4 4 3 1 2 4 2
Category Rank 578/ 663 706/ 787 878/ 892 910/ 979 983/ 1,122 657/ 1,236 178/ 1,318 530/ 1,402 1,497/ 1,541 730/ 1,659

Best Calendar Return (Last 10 years)

12.64% (2019)

Worst Calendar Return (Last 10 years)

-16.63% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 29.26
International Equity 28.63
Foreign Corporate Bonds 21.75
Foreign Government Bonds 8.55
Foreign Bonds - Other 5.34
Other 6.47

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 38.88
Industrial Goods 16.32
Technology 12.81
Basic Materials 7.84
Industrial Services 6.26
Other 17.89

Geographic Allocation

Geographic Allocation
Name Percent
North America 66.74
Europe 28.82
Asia 3.97
Other 0.47

Top Holdings

Top Holdings
Name Percent
NEI Environmental Leaders Fund Series I 58.28
CAD/USD FWD 20240829 41.47
US Dollar 1.20
Inter-American Developmnt Bank 0.34% 15-Oct-2024 0.43
European Investment Bank 3.88% 15-Mar-2028 0.42
International Bank Recon Dvlpt 3.88% 14-Feb-2030 0.42
Inter-American Developmnt Bank 3.50% 14-Sep-2029 0.41
European Investment Bank 3.75% 14-Feb-2033 0.41
Verizon Communications Inc 4.50% 10-Aug-2033 0.41
Morgan Stanley 5.60% 24-Mar-2050 0.40

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

NEI Global Sustainable Balanced Fund Series A

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 12.92% 11.75% 8.83%
Beta 1.33% 1.34% 0.88%
Alpha -0.04% -0.03% -0.03%
Rsquared 0.87% 0.84% 0.60%
Sharpe -0.11% 0.24% 0.18%
Sortino -0.16% 0.22% 0.00%
Treynor -0.01% 0.02% 0.02%
Tax Efficiency - 50.94% 7.78%
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10

Risk Rating

Rating 7 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 11.12% 12.92% 11.75% 8.83%
Beta 1.33% 1.33% 1.34% 0.88%
Alpha -0.08% -0.04% -0.03% -0.03%
Rsquared 0.84% 0.87% 0.84% 0.60%
Sharpe 0.44% -0.11% 0.24% 0.18%
Sortino 1.12% -0.16% 0.22% 0.00%
Treynor 0.04% -0.01% 0.02% 0.02%
Tax Efficiency 78.10% - 50.94% 7.78%

Fund Details

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) $312

Fund Codes

FundServ Code Load Code Sales Status
NWT064
NWT10064
NWT164
NWT264
NWT364
NWT664

Investment Objectives

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.

Investment Strategy

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(s)

Name Start Date
Hubert Aarts 05-01-2020
Peter Schwab 05-01-2020
Anthony Trzcinka 05-01-2020
Siddharth Jha 05-01-2020
Northwest & Ethical Investments L.P. 05-01-2020

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 2.17%
Management Fee 1.70%
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) 0.00%
Trailer Fee Max (LL) -

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