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Global Neutral Balanced
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NAVPS (02-06-2025) |
$10.85 |
---|---|
Change |
$0.03
(0.31%)
|
As at December 31, 2024
As at November 30, 2024
Inception Return (September 29, 1989): 4.59%
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 | -2.28% | -2.30% | 3.43% | 8.98% | 8.98% | 9.51% | -0.01% | 2.40% | 4.21% | 5.57% | 3.90% | 3.89% | 3.39% | 2.95% |
Benchmark | 0.17% | 3.26% | 8.97% | 17.48% | 17.48% | 14.55% | 5.06% | 5.42% | 6.53% | 7.47% | 6.77% | 7.00% | 6.48% | 7.49% |
Category Average | -1.27% | 1.11% | 6.38% | 12.15% | 12.15% | 10.84% | 2.92% | 4.57% | 5.08% | 6.45% | 4.89% | 5.23% | 5.21% | 4.99% |
Category Rank | 1,674 / 1,773 | 1,732 / 1,762 | 1,713 / 1,757 | 1,588 / 1,726 | 1,588 / 1,726 | 1,368 / 1,673 | 1,531 / 1,554 | 1,319 / 1,417 | 1,058 / 1,334 | 944 / 1,244 | 941 / 1,122 | 846 / 976 | 857 / 892 | 767 / 783 |
Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Return % | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | -0.09% | 3.33% | 2.32% | -2.74% | 2.23% | 0.33% | 3.10% | 0.77% | 1.90% | -1.90% | 1.92% | -2.28% |
Benchmark | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% |
7.92% (July 2022)
-13.41% (August 1998)
Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | -0.85% | -0.55% | 3.83% | -5.62% | 12.64% | 11.80% | 9.96% | -16.63% | 10.04% | 8.98% |
Benchmark | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% |
Category Average | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% |
Quartile Ranking | 4 | 4 | 4 | 4 | 3 | 1 | 2 | 4 | 2 | 4 |
Category Rank | 702/ 783 | 882/ 892 | 905/ 976 | 985/ 1,122 | 682/ 1,244 | 174/ 1,334 | 563/ 1,417 | 1,515/ 1,554 | 749/ 1,673 | 1,588/ 1,726 |
12.64% (2019)
-16.63% (2022)
Name | Percent |
---|---|
Foreign Corporate Bonds | 20.46 |
US Equity | 17.97 |
International Equity | 17.24 |
Foreign Government Bonds | 9.32 |
Foreign Bonds - Other | 5.25 |
Other | 29.76 |
Name | Percent |
---|---|
Fixed Income | 38.41 |
Mutual Fund | 23.57 |
Industrial Goods | 10.49 |
Technology | 7.80 |
Basic Materials | 3.95 |
Other | 15.78 |
Name | Percent |
---|---|
North America | 78.09 |
Europe | 18.94 |
Asia | 1.74 |
Latin America | 0.77 |
Other | 0.46 |
Name | Percent |
---|---|
CAD/USD FWD 20250227 | 40.22 |
NEI Environmental Leaders Fund Series I | 35.43 |
NEI Global Corporate Leaders Fund I | 23.57 |
US Dollar | 2.26 |
Fiserv Inc 5.15% 12-May-2034 | 0.50 |
European Investment Bank 3.88% 15-Mar-2028 | 0.43 |
Inter-American Developmnt Bank 3.50% 14-Sep-2029 | 0.42 |
Morgan Stanley 5.60% 24-Mar-2050 | 0.41 |
Inter-American Developmnt Bank 2.25% 18-Jun-2029 | 0.40 |
International Finance Corp 4.50% 13-Jul-2028 | 0.39 |
NEI Global Sustainable Balanced Fund Series A
Median
Other - Global Neutral Balanced
Standard Deviation | 12.72% | 11.94% | 8.92% |
---|---|---|---|
Beta | 1.30% | 1.32% | 0.88% |
Alpha | -0.06% | -0.04% | -0.03% |
Rsquared | 0.86% | 0.83% | 0.60% |
Sharpe | -0.23% | 0.21% | 0.19% |
Sortino | -0.25% | 0.22% | 0.05% |
Treynor | -0.02% | 0.02% | 0.02% |
Tax Efficiency | - | 49.99% | 18.32% |
Volatility |
|
|
|
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 7.30% | 12.72% | 11.94% | 8.92% |
Beta | 1.26% | 1.30% | 1.32% | 0.88% |
Alpha | -0.12% | -0.06% | -0.04% | -0.03% |
Rsquared | 0.78% | 0.86% | 0.83% | 0.60% |
Sharpe | 0.62% | -0.23% | 0.21% | 0.19% |
Sortino | 1.31% | -0.25% | 0.22% | 0.05% |
Treynor | 0.04% | -0.02% | 0.02% | 0.02% |
Tax Efficiency | 77.58% | - | 49.99% | 18.32% |
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) | $315 |
FundServ Code | Load Code | Sales Status |
---|---|---|
NWT064 | ||
NWT10064 | ||
NWT164 | ||
NWT264 | ||
NWT364 | ||
NWT664 |
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.
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.
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 |
Fund Manager | Northwest & Ethical Investments L.P. |
---|---|
Advisor | Northwest & Ethical Investments L.P. |
Custodian | Desjardins Trust Inc. |
Registrar | Northwest & Ethical Investments L.P. |
Distributor | Aviso Financial Inc. |
Auditor | Ernst & Young LLP |
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 |
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) | 1.00% |
Trailer Fee Max (NL) | 0.00% |
Trailer Fee Max (LL) | - |
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