NEI Ethical Canadian Equity Fund

Posted by on Apr 20, 2014 in Mutual Fund Updates | 0 comments

Being one of the largest equity focused SRI funds in Canada, it is also one of the more attractive offerings. It is managed by Calgary based QV Investors who invest in companies with above average returns on equity capital, but whose shares trade below market valuations. Performance has been strong, with a three year gain of 8.4%, handily outpacing both the index and its competition. Volatility has also been kept well in check. Considering the management team at the helm and the process used, I expect this to continue to be a very solid Canadian equity offering, SRI or other.

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