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Canadian Fixed Income
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|
NAVPS (09-17-2024) |
$8.45 |
|---|---|
| Change |
-$0.02
(-0.20%)
|
As at August 31, 2024
As at July 31, 2024
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Inception Return (January 29, 1982): 5.96%
| 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 | 0.28% | 3.88% | 3.93% | 2.27% | 8.00% | 3.95% | -1.78% | -1.96% | -0.36% | 1.09% | 0.91% | 0.53% | 0.91% | 1.16% |
| Benchmark | 0.52% | 5.73% | 4.16% | 2.34% | 7.86% | 4.00% | -1.22% | -1.35% | -0.01% | 1.56% | 1.54% | 1.13% | 1.64% | 1.98% |
| Category Average | 0.39% | 3.87% | 3.87% | 2.19% | 7.51% | 3.78% | -1.65% | -1.59% | -0.28% | 1.02% | 0.90% | 0.63% | 1.05% | 1.14% |
| Category Rank | 508 / 653 | 201 / 637 | 400 / 632 | 408 / 628 | 269 / 623 | 405 / 602 | 436 / 579 | 467 / 547 | 353 / 509 | 314 / 476 | 317 / 441 | 312 / 415 | 290 / 363 | 246 / 328 |
| Quartile Ranking | 4 | 2 | 3 | 3 | 2 | 3 | 4 | 4 | 3 | 3 | 3 | 4 | 4 | 3 |
| Return % | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -2.65% | 0.26% | 4.26% | 3.77% | -1.19% | -0.41% | 0.51% | -2.04% | 1.61% | 1.04% | 2.53% | 0.28% |
| Benchmark | -2.62% | 0.43% | 4.21% | 3.42% | -1.36% | -0.40% | 0.48% | -1.95% | 0.00% | 2.98% | 2.14% | 0.52% |
4.92% (February 1990)
-4.13% (March 1994)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.67% | 2.21% | 0.29% | 1.47% | 0.20% | 5.68% | 9.47% | -3.94% | -11.93% | 6.00% |
| Benchmark | 9.10% | 3.57% | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% |
| Category Average | 7.06% | 1.07% | 1.60% | 1.96% | -0.34% | 6.21% | 8.18% | -2.79% | -12.16% | 6.16% |
| Quartile Ranking | 3 | 3 | 4 | 3 | 3 | 4 | 1 | 4 | 3 | 3 |
| Category Rank | 234/ 316 | 192/ 346 | 370/ 380 | 306/ 425 | 319/ 451 | 384/ 497 | 101/ 527 | 539/ 558 | 312/ 587 | 450/ 603 |
9.47% (2020)
-11.93% (2022)
| Name | Percent |
|---|---|
| Canadian Government Bonds | 51.90 |
| Canadian Corporate Bonds | 44.36 |
| Cash and Equivalents | 3.14 |
| Foreign Corporate Bonds | 0.29 |
| Foreign Government Bonds | 0.29 |
| Other | 0.02 |
| Name | Percent |
|---|---|
| Fixed Income | 96.84 |
| Cash and Cash Equivalent | 3.14 |
| Mutual Fund | 0.02 |
| Name | Percent |
|---|---|
| North America | 99.79 |
| Asia | 0.14 |
| Europe | 0.08 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| NEI Canadian Impact Bond Fund I | 9.65 |
| Ontario Province 4.15% 02-Jun-2034 | 6.90 |
| Ontario Province 5.85% 08-Mar-2033 | 4.34 |
| Sun Life Financial Inc 2.80% 21-Nov-2028 | 4.31 |
| Ontario Province 1.90% 02-Dec-2051 | 3.76 |
| Ontario Province 3.75% 02-Jun-2032 | 3.71 |
| Canada Government 1.50% 01-Jun-2031 | 3.60 |
| Canada Housing Trust No 1 1.40% 15-Mar-2031 | 2.37 |
| Royal Bank of Canada 5.23% 24-Jun-2030 | 1.83 |
| Saskatchewan Province 5.80% 05-Sep-2033 | 1.78 |
NEI Canadian Bond Fund Series A
Median
Other - Canadian Fixed Income
| Standard Deviation | 7.39% | 6.60% | 5.35% |
|---|---|---|---|
| Beta | 1.03% | 1.01% | 0.98% |
| Alpha | -0.01% | 0.00% | -0.01% |
| Rsquared | 0.94% | 0.95% | 0.95% |
| Sharpe | -0.65% | -0.35% | -0.04% |
| Sortino | -0.81% | -0.64% | -0.44% |
| Treynor | -0.05% | -0.02% | 0.00% |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.41% | 7.39% | 6.60% | 5.35% |
| Beta | 0.93% | 1.03% | 1.01% | 0.98% |
| Alpha | 0.01% | -0.01% | 0.00% | -0.01% |
| Rsquared | 0.87% | 0.94% | 0.95% | 0.95% |
| Sharpe | 0.43% | -0.65% | -0.35% | -0.04% |
| Sortino | 1.24% | -0.81% | -0.64% | -0.44% |
| Treynor | 0.03% | -0.05% | -0.02% | 0.00% |
| Tax Efficiency | 77.82% | - | - | - |
| Start Date | January 29, 1982 |
|---|---|
| Instrument Type | Mutual Fund (Responsible Investment) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $1,169 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NWT062 | ||
| NWT10062 | ||
| NWT162 | ||
| NWT262 | ||
| NWT362 | ||
| NWT662 |
The Fund aims to provide high current income while protecting your original investment. It invests mostly in bonds, debentures and securities that are issued or guaranteed by the Government of Canada, a province or Canadian companies, and money market securities. The Fund follows a responsible approach to investing, as described on pages 74 to 79 of this prospectus.
All decisions and strategies are based on seeking the preservation of capital and an active approach to adding value. The analysis of a fixed income investment is based on both an objective analysis based on credit ratings (both internal and external) and subjective judgment based on the outlook for the company and industry. The Portfolio Sub-Advisor makes gradual changes in the portfolio and captures incremental capital gains.
| Name | Start Date |
|---|---|
| Northwest & Ethical Investments L.P. | 10-01-2004 |
| Aubrey Basdeo | 10-24-2022 |
| 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 |
| 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 | 1.62% |
|---|---|
| Management Fee | 1.15% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | 6.00% |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | 0.25% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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