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NEI Clean Infrastructure Fund A

Global Infrastruct Equity

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

NAVPS
(11-05-2024)
$8.70
Change
$0.05 (0.61%)

As at September 30, 2024

As at August 31, 2024

As at July 31, 2024

Period
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Legend

NEI Clean Infrastructure Fund A

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Fund Returns

Inception Return (March 01, 2022): 0.51%

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 6.70% 13.97% 20.73% 14.73% 28.15% 2.43% - - - - - - - -
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 3.58% 11.35% 12.74% 14.68% 24.86% 12.36% 7.47% 8.75% 4.72% 6.38% 5.32% 5.46% - -
Category Rank 6 / 123 14 / 123 6 / 123 60 / 123 17 / 123 120 / 120 - - - - - - - -
Quartile Ranking 1 1 1 2 1 4 - - - - - - - -

Monthly Return

Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund 0.38% 5.37% 5.61% -5.55% -3.65% 4.43% 3.06% 8.96% -5.67% 6.89% -0.07% 6.70%
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

8.96% (May 2024)

Worst Monthly Return Since Inception

-10.92% (September 2023)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - -10.11%
Benchmark 13.97% 16.88% 5.18% 16.29% -1.79% 21.41% 13.15% 17.62% -12.64% 19.37%
Category Average - - - 10.97% -3.31% 19.09% -6.43% 11.71% 0.47% 2.25%
Quartile Ranking - - - - - - - - - 4
Category Rank - - - - - - - - - 120/ 120

Best Calendar Return (Last 10 years)

-10.11% (2023)

Worst Calendar Return (Last 10 years)

-10.11% (2023)

Asset Allocation

Asset Allocation
Name Percent
International Equity 52.98
US Equity 36.72
Income Trust Units 4.61
Canadian Equity 3.94
Cash and Equivalents 1.75

Sector Allocation

Sector Allocation
Name Percent
Utilities 91.36
Technology 6.89
Cash and Cash Equivalent 1.75

Geographic Allocation

Geographic Allocation
Name Percent
North America 46.01
Europe 45.87
Asia 7.15
Latin America 0.98
Other -0.01

Top Holdings

Top Holdings
Name Percent
Clearway Energy Inc Cl C 6.66
ERG SpA 5.79
Dominion Energy Inc 5.59
Edison International 5.30
Exelon Corp 5.25
Nextera Energy Inc 5.03
Renew Energy Global PLC Cl A 4.78
Avista Corp 4.61
Nextera Energy Partners LP - Units 4.61
Enel SpA 4.59

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating  out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 17.47% - - -
Beta 0.31% - - -
Alpha 0.18% - - -
Rsquared 0.02% - - -
Sharpe 1.24% - - -
Sortino 2.56% - - -
Treynor 0.70% - - -
Tax Efficiency 94.52% - - -

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 March 01, 2022
Instrument Type Mutual Fund (Responsible Investment)
Share Class Commission Based Advice
Legal Status -
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $363

Fund Codes

FundServ Code Load Code Sales Status
NWT123

Investment Objectives

The investment objective of the Fund is to achieve long-term capital growth and income by investing primarily in equity and equity-related securities of companies which are developers, owners and operators, in full or in part, of renewable electricity technology plants and systems, and related infrastructure investments, with no geographic constraint. The Fund follows a responsible approach to investing, as described on pages 74 to 79 of this prospectus.

Investment Strategy

The Fund invests in companies responding to the rapidly increasing demand for clean energy. To achieve its investment objective, the Fund will principally invest in equity securities of companies who are developers, owners and operators, in full or in part, of renewable electricity technology plants and systems, and related infrastructure investments, with no geographic constraint.

Portfolio Manager(s)

Name Start Date
Michel Sznajer 02-02-2022
Matthew Breidert 02-02-2022
Northwest & Ethical Investments L.P. 02-02-2022

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 500
SWP Min Withdrawal 500

Fees

MER 2.16%
Management Fee 1.70%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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