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Fixed income funds

Fixed income funds invest primarily in bonds. The purpose of a fixed income mutual fund is to provide income and potentially to preserve capital. In a diversified portfolio, fixed income funds can help smooth out the ups-and-downs of equity funds.

NEI’s fixed income funds offer:

  • A time-tested way to reduce the overall risk of a diversified portfolio 
  • The opportunity for steady income 
  • A potential defense against falling equity markets
  • Responsible investment strategies that can mitigate risk and potentially improve returns
  • The opportunity to influence companies and make a positive impact on society and the environment
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Choose your fund

We offer fixed income funds to suit a range of investor needs, with each one providing a fixed monthly distribution. Distributions can be received in cash or re-invested in additional units of the fund. In the tables below, click anywhere in the highlighted row to visit the fund details page. You will find descriptions of the responsible investment strategies below the tables.

NEI Canadian Impact Bond Fund

Addenda Capital

NEI Canadian Bond Fund

Guardian Capital

NEI Global High Yield Bond Fund

Principal Global Investors

NEI Global Impact Bond Fund**

Wellington Management

NEI Global Total Return Bond Fund**

Amundi Asset Management

Fixed income

Fund Name Responsible investment strategy Portfolio manager or sub advisor
NEI Canadian Impact Bond Fund
Addenda Capital
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NEI Canadian Bond Fund
Guardian Capital
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NEI Global High Yield Bond Fund
Principal Global Investors
Go to link
NEI Global Impact Bond Fund**
Wellington Management
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NEI Global Total Return Bond Fund**
Amundi Asset Management
Go to link

NEI Money Market Fund

Desjardins Global Asset Management

Money market

Fund Name Responsible investment strategy Portfolio manager or sub advisor
NEI Money Market Fund
Desjardins Global Asset Management
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Learn about our responsible investment strategies

Our funds employ up to four responsible investment strategies: exclusionary screens, ESG integration, impact & thematic, and active ownership. 

You will see on the right we have included an icon for fossil fuel exclusions. While we do not consider that to be a distinct responsible investment strategy, we do believe it’s useful for investors to be able to identify those funds at a glance.

Exclusionary screens

Companies may be excluded from the funds based on certain criteria, such as revenue generated from the tobacco and gambling industries, or because they produce fossil fuels.

Fossil fuel exclusions

While not a distinct responsible investment strategy, certain funds do exclude oil, gas, and coal exploration and production companies, as well as companies with significant carbon reserves on their balance sheets.

ESG integration

Companies are evaluated on their environmental, social and governance (ESG) performance and ESG considerations are integrated throughout the investment process.

Impact & thematic

Impact funds strive to make a measurable difference on society and the environment based on specific goals. Thematic funds focus on an investment “theme,” such as climate change, resource scarcity, or energy infrastructure.

Active ownership

We use our rights as shareholders to influence corporate behaviour. Tools include corporate dialogue, proxy voting, and shareholder proposals.

Other asset classes

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.