NEI Investments has launched two funds: the Northwest Macro Canadian Asset Allocation Fund, Northwest Macro Canadian Equity Fund and Northwest Macro Canadian Equity Corporate Class.

Both funds offer a wide allocation range between equities and fixed income, as well as exposure to gold and derivative strategies that help manage risk.

These funds will be managed by Otterwood Capital Management, and led by portfolio manager Christine Hughes.

She was also appointed portfolio manager for the $330 million Ethical Balanced Fund on May 14, 2012.