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NEI Canadian Impact Bond Fund Series A

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Canadian Fixed Income

NAVPS
(06-13-2025) 		$10.03
Change
-$0.03 (-0.29%)

As at May 31, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Sep 2023Nov 2023Jan 2024Mar 2024May 2024Jul 2024Sep 2024Nov 2024Jan 2025Mar 2025May 2025Sep 2023Jan 2024May 2024Sep 2024Jan 2025May 2025May 2…$10,000$11,000$9,500$10,500$11,500Period

Legend

NEI Canadian Impact Bond Fund Series A

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Fund Returns

Inception Return (July 17, 2023): 4.99%

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 0.04% -1.02% 0.49% 1.17% 6.85% - - - - - - - - -
Benchmark 0.08% -0.97% 0.76% 1.28% 8.93% 4.72% 3.34% 0.32% -0.12% 1.00% 1.83% 1.49% 1.65% 1.76%
Category Average 0.05% -1.01% 0.26% 1.08% 6.32% 4.37% 2.89% -0.32% -0.27% 0.63% 1.28% 0.93% 1.10% 1.11%
Category Rank 258 / 479 232 / 476 226 / 475 238 / 476 225 / 449 - - - - - - - - -
Quartile Ranking 3 2 2 2 3 - - - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-2%-1%0%1%2%3%4%
Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 1.04% 2.44% 0.32% 1.91% -1.14% 1.65% -0.68% 1.15% 1.06% -0.35% -0.71% 0.04%
Benchmark 2.98% 2.14% 0.52% 1.82% -1.07% 1.51% -0.52% 1.13% 1.14% -0.29% -0.77% 0.08%

Best Monthly Return Since Inception

4.24% (November 2023)

Worst Monthly Return Since Inception

-2.67% (September 2023)

Calendar Return (%)

Created with Highcharts 10.3.3-15%-10%-5%0%5%10%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - - - 3.78%
Benchmark 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38% 4.10%
Category Average 1.07% 1.60% 1.96% -0.34% 6.21% 8.18% -2.79% -12.16% 6.16% 3.68%
Quartile Ranking - - - - - - - - - 3
Category Rank - - - - - - - - - 302/ 441

Best Calendar Return (Last 10 years)

3.78% (2024)

Worst Calendar Return (Last 10 years)

3.78% (2024)

Asset Allocation

Asset Allocation
Name Percent
Canadian Government Bonds 50.37
Canadian Corporate Bonds 45.94
Cash and Equivalents 1.74
Foreign Government Bonds 1.12
Canadian Bonds - Other 0.82
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 98.26
Cash and Cash Equivalent 1.74

Geographic Allocation

Geographic Allocation
Name Percent
North America 98.88
Asia 0.90
Europe 0.22

Top Holdings

Top Holdings
Name Percent
Canada Government 3.50% 01-Mar-2034 6.43
Quebec Province 3.65% 20-May-2032 5.06
Ontario Province 4.10% 07-Oct-2054 3.94
Ontario Province 4.05% 02-Feb-2032 3.88
Ontario Province 1.55% 01-Nov-2029 3.33
First Nations Finance Authorty 4.10% 01-Jun-2034 3.25
PSP Capital Inc 4.40% 02-Dec-2030 3.18
Canada Government 2.25% 01-Dec-2029 2.92
55 School Board Trust 5.90% 02-Jun-2033 2.61
National Bank of Canada 4.97% 07-Dec-2026 2.40

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: L. Average Credit Quality: M.

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 3.98% - - -
Beta 0.81% - - -
Alpha 0.00% - - -
Rsquared 0.79% - - -
Sharpe 0.80% - - -
Sortino 1.83% - - -
Treynor 0.04% - - -
Tax Efficiency - - - -

Fund Details

Start Date July 17, 2023
Instrument Type Mutual Fund (Responsible Investment)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $108

Fund Codes

FundServ Code Load Code Sales Status
NWT154

Investment Objectives

The investment objective of the Fund is to achieve income and long term total returns by investing in a diversified portfolio consisting primarily of Canadian fixed income securities and related debt and debt like securities that are associated with measurable environmental and/or social impacts.

Investment Strategy

The Fund will seek to achieve its investment objectives by investing primarily in investment grade fixed income instruments. They will invest across a range of sectors that are addressing some of the world’s major social and environmental challenges while meeting the Portfolio Sub-Advisor’s proprietary impact criteria.

Portfolio Management

Portfolio Manager

Northwest & Ethical Investments L.P.
Sub-Advisor

Addenda Capital Inc.

  • Carl Pelland

Management and Organization

Fund Manager

Northwest & Ethical Investments L.P.
Custodian

-
Registrar

-
Distributor

-

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 -

Fees

MER 1.24%
Management Fee 0.95%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.50%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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