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Canadian Equity
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|
NAVPS (04-15-2024) |
$27.07 |
|---|---|
| Change |
-$0.19
(-0.71%)
|
As at March 31, 2024
As at February 29, 2024
As at February 29, 2024
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Inception Return (March 30, 2001): 5.45%
| 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 | 4.46% | 0.08% | -3.57% | 6.53% | 11.82% | 2.32% | 7.35% | 15.09% | 6.55% | 6.38% | 5.91% | 7.20% | 5.56% | 5.54% |
| Benchmark | 4.14% | 6.62% | 15.26% | 6.62% | 13.96% | 3.95% | 9.11% | 16.99% | 9.96% | 9.65% | 8.48% | 9.70% | 7.76% | 7.67% |
| Category Average | 2.98% | 13.93% | 13.93% | 6.16% | 12.04% | 3.60% | 8.38% | 15.41% | 8.69% | 8.07% | 6.99% | 7.91% | 6.36% | 6.41% |
| Category Rank | 42 / 725 | 288 / 724 | 360 / 714 | 288 / 724 | 466 / 701 | 521 / 671 | 469 / 598 | 361 / 557 | 489 / 539 | 418 / 474 | 368 / 448 | 320 / 399 | 315 / 365 | 288 / 332 |
| Quartile Ranking | 1 | 2 | 3 | 2 | 3 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.95% | -5.07% | 3.11% | 2.49% | -1.72% | -3.67% | -3.57% | 7.29% | 3.77% | 0.08% | 1.90% | 4.46% |
| Benchmark | 2.90% | -4.95% | 3.36% | 2.58% | -1.37% | -3.33% | -3.21% | 7.48% | 3.91% | 0.55% | 1.82% | 4.14% |
10.72% (November 2020)
-17.90% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 8.49% | -8.74% | 19.27% | 8.70% | -9.15% | 14.75% | 0.38% | 24.05% | -7.68% | 9.07% |
| Benchmark | 10.55% | -8.32% | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% |
| Category Average | 9.54% | -6.15% | 16.46% | 6.89% | -9.47% | 19.21% | 3.42% | 23.26% | -4.82% | 9.85% |
| Quartile Ranking | 3 | 4 | 2 | 2 | 2 | 4 | 3 | 3 | 4 | 3 |
| Category Rank | 247/ 330 | 295/ 362 | 157/ 389 | 116/ 445 | 231/ 471 | 496/ 518 | 378/ 554 | 298/ 589 | 519/ 656 | 489/ 694 |
24.05% (2021)
-9.15% (2018)
| Name | Percent |
|---|---|
| Canadian Equity | 97.72 |
| Income Trust Units | 1.57 |
| Cash and Equivalents | 0.48 |
| US Equity | 0.17 |
| International Equity | 0.06 |
| Name | Percent |
|---|---|
| Financial Services | 31.60 |
| Energy | 16.86 |
| Industrial Services | 11.89 |
| Basic Materials | 10.98 |
| Technology | 8.36 |
| Other | 20.31 |
| Name | Percent |
|---|---|
| North America | 99.94 |
| Asia | 0.06 |
| Name | Percent |
|---|---|
| Royal Bank of Canada | 6.22 |
| Toronto-Dominion Bank | 5.00 |
| Shopify Inc Cl A | 3.88 |
| Canadian National Railway Co | 3.51 |
| Canadian Pacific Kansas City Ltd | 3.48 |
| Enbridge Inc | 3.41 |
| Canadian Natural Resources Ltd | 3.30 |
| Bank of Montreal | 2.98 |
| Brookfield Corp Cl A | 2.81 |
| Bank of Nova Scotia | 2.69 |
NEI ESG Canadian Enhanced Index Fund Series A
Median
Other - Canadian Equity
| Standard Deviation | 13.29% | 15.70% | 12.87% |
|---|---|---|---|
| Beta | 1.00% | 1.00% | 0.99% |
| Alpha | -0.02% | -0.03% | -0.02% |
| Rsquared | 1.00% | 0.98% | 0.96% |
| Sharpe | 0.40% | 0.36% | 0.38% |
| Sortino | 0.56% | 0.40% | 0.35% |
| Treynor | 0.05% | 0.06% | 0.05% |
| Tax Efficiency | 92.46% | 92.29% | 90.69% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 13.13% | 13.29% | 15.70% | 12.87% |
| Beta | 1.02% | 1.00% | 1.00% | 0.99% |
| Alpha | -0.02% | -0.02% | -0.03% | -0.02% |
| Rsquared | 1.00% | 1.00% | 0.98% | 0.96% |
| Sharpe | 0.55% | 0.40% | 0.36% | 0.38% |
| Sortino | 1.14% | 0.56% | 0.40% | 0.35% |
| Treynor | 0.07% | 0.05% | 0.06% | 0.05% |
| Tax Efficiency | 94.20% | 92.46% | 92.29% | 90.69% |
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.
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.
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.
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.
| Start Date | March 30, 2001 |
|---|---|
| Instrument Type | Mutual Fund (Responsible Investment) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $197 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NWT003 | ||
| NWT103 | ||
| NWT90503 |
The investment objective of the Fund is to achieve long-term capital growth through tracking the performance of a Canadian equity index which is focused on companies with an enhanced environmental, social and governance profile. The Fund follows a responsible approach to investing.
The Fund starts its equity analysis with the Solactive Canada Broad Market Index, (a Free Float Market Capitalization index that covers all Canadian securities listed on the Toronto Stock Exchange which fulfill basic liquidity criteria) and then applies an ESG evaluation framework developed and maintained on an ongoing basis by NEI as part of the investment strategies of the Fund.
| Name | Start Date |
|---|---|
| Will Benton | 07-16-2019 |
| John Bai | 06-08-2021 |
| Judith Chan | 07-07-2022 |
| Adelaide Chiu | 06-19-2023 |
| 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 | 10,000 |
| SWP Min Withdrawal | 0 |
| MER | 1.83% |
|---|---|
| Management Fee | 1.40% |
| Load | Choice of Front or Back |
| FE Max | 1.00% |
| DSC Max | 0.00% |
| LL Max | 1.00% |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | 0.50% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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