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Global Neutral Balanced
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|
NAVPS (05-16-2024) |
$10.71 |
|---|---|
| Change |
-$0.03
(-0.30%)
|
As at April 30, 2024
As at March 31, 2024
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Inception Return (September 29, 1989): 4.50%
| 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 | -2.74% | 2.83% | 14.81% | 2.73% | 6.55% | 5.49% | 0.38% | 5.51% | 3.76% | 3.81% | 3.22% | 3.13% | 2.44% | 2.70% |
| Benchmark | -1.57% | 3.31% | 11.56% | 4.12% | 9.21% | 7.74% | 3.11% | 5.05% | 4.84% | 5.39% | 5.04% | 6.48% | 6.12% | 6.83% |
| Category Average | -1.99% | 10.80% | 10.80% | 2.42% | 6.62% | 4.42% | 1.99% | 5.55% | 4.00% | 4.27% | 3.94% | 4.83% | 4.01% | 4.42% |
| Category Rank | 1,677 / 1,710 | 464 / 1,710 | 48 / 1,699 | 828 / 1,710 | 871 / 1,659 | 641 / 1,607 | 1,265 / 1,429 | 653 / 1,332 | 745 / 1,281 | 720 / 1,153 | 674 / 1,002 | 858 / 936 | 764 / 819 | 649 / 685 |
| Quartile Ranking | 4 | 2 | 1 | 2 | 3 | 2 | 4 | 2 | 3 | 3 | 3 | 4 | 4 | 4 |
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -2.17% | 1.94% | 0.55% | -1.37% | -4.05% | -2.20% | 6.99% | 4.46% | -0.09% | 3.33% | 2.32% | -2.74% |
| Benchmark | -1.31% | 0.46% | 1.75% | 0.57% | -3.70% | 0.21% | 5.00% | 2.05% | 0.78% | 3.10% | 1.80% | -1.57% |
7.92% (July 2022)
-13.41% (August 1998)
| 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 | 580/ 668 | 711/ 792 | 883/ 897 | 915/ 984 | 988/ 1,127 | 652/ 1,233 | 178/ 1,316 | 535/ 1,400 | 1,495/ 1,539 | 719/ 1,658 |
12.64% (2019)
-16.63% (2022)
| Name | Percent |
|---|---|
| International Equity | 58.96 |
| Foreign Corporate Bonds | 19.99 |
| Foreign Government Bonds | 8.53 |
| Foreign Bonds - Other | 5.59 |
| Cash and Equivalents | 3.53 |
| Other | 3.40 |
| Name | Percent |
|---|---|
| Mutual Fund | 58.96 |
| Fixed Income | 37.33 |
| Cash and Cash Equivalent | 3.53 |
| Financial Services | 0.18 |
| Name | Percent |
|---|---|
| Multi-National | 58.96 |
| North America | 36.70 |
| Europe | 3.91 |
| Asia | 0.22 |
| Other | 0.21 |
| Name | Percent |
|---|---|
| NEI Environmental Leaders Fund Series I | 58.96 |
| CAD/USD FWD 20240530 | 39.80 |
| US Dollar | 1.61 |
| 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 0.34% 15-Oct-2024 | 0.42 |
| European Investment Bank 3.75% 14-Feb-2033 | 0.41 |
| Inter-American Developmnt Bank 3.50% 14-Sep-2029 | 0.41 |
| Verizon Communications Inc 4.50% 10-Aug-2033 | 0.41 |
| Morgan Stanley 5.60% 24-Mar-2050 | 0.41 |
NEI Global Sustainable Balanced Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 12.91% | 11.75% | 8.83% |
|---|---|---|---|
| Beta | 1.32% | 1.33% | 0.88% |
| Alpha | -0.03% | -0.02% | -0.03% |
| Rsquared | 0.87% | 0.84% | 0.59% |
| Sharpe | -0.12% | 0.20% | 0.19% |
| Sortino | -0.20% | 0.16% | 0.01% |
| Treynor | -0.01% | 0.02% | 0.02% |
| Tax Efficiency | - | 44.37% | 10.67% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 11.47% | 12.91% | 11.75% | 8.83% |
| Beta | 1.33% | 1.32% | 1.33% | 0.88% |
| Alpha | -0.05% | -0.03% | -0.02% | -0.03% |
| Rsquared | 0.84% | 0.87% | 0.84% | 0.59% |
| Sharpe | 0.19% | -0.12% | 0.20% | 0.19% |
| Sortino | 0.61% | -0.20% | 0.16% | 0.01% |
| Treynor | 0.02% | -0.01% | 0.02% | 0.02% |
| Tax Efficiency | 67.27% | - | 44.37% | 10.67% |
| 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) | $305 |
| 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 | 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 | 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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