NEI Investments has announced a number of client‐facing changes, designed to expand the company’s tax efficient offerings and increase its levels of service and risk management.
Effective November 1, 2012, NEI has re‐engineered and re‐optimized the strategic asset mixes of its NEI Select Portfolios. Due to market volatility, the company wants to strengthen its risk management approach.
Effective November 12, 2012, the company will launch the NEI Northwest Macro Canadian Asset Allocation Corporate Class. It will be managed by Christine Hughes of Otterwood Capital Management. The trust version of the fund was launched this past July.
The addition of the new fund brings NEI’s corporate class offering up to 19, including 8 Series T investments for those seeking tax-efficient cash flow. NEI Northwest Macro Canadian Asset Allocation Corporate Class Series T has been initially set with a target yield distribution of 6%.
Also as of November 2012, the company has standardized the naming convention of its investment lineup to include “NEI” in each product name.