NEI Investments pairs Vanguard equity ETFs with its own active bond mandates

The portfolios trade as NECP for the NEI Conservative Income ETF Portfolio, NEBP for the NEI Balanced ETF Portfolio, and NEGP for the NEI Growth ETF Portfolio. Each offers Series A, Series F and ETF Series units.  

The mutual fund series carry a minimum initial investment of $500. 

Target allocations are approximately 40 percent equity and 60 percent fixed income for Conservative Income, approximately 60/40 for Balanced, and approximately 85/15 for Growth. 

Each portfolio operates within defined ranges measured at the time of purchase or allocation. Fixed income and money market ranges run 55 to 65 percent for Conservative Income, 35 to 45 percent for Balanced, and 10 to 20 percent for Growth, the guide states. 

Conservative Income pays a 4 percent fixed annual distribution rate monthly. Balanced and Growth pay quarterly variable distributions. All three carry a low-to-medium risk rating, with CIFSC categories of Global Fixed Income Balanced, Global Neutral Balanced, and Global Equity Balanced respectively.