CIBC Asset Management Inc. announced today that it will lower the minimum initial investment amount of the Renaissance Real Assets Private Pool to $10,000 from $150,000, effective March 1, 2017. This change will make real-asset investing available to more Canadian investors.
"By lowering the minimum initial investment amount, we're offering more clients the opportunity to diversify their portfolios by investing in real assets," says David Scandiffio, President and CEO, CIBC Asset Management Inc. "Exposure to this pool, which invests in sectors such as infrastructure, real estate and natural resources, could benefit investors' portfolios overall."
The Renaissance Real Assets Private Pool is suitable for clients who seek long-term capital growth and income through investments in securities of companies throughout the world that engage in real assets sectors.
The pool is managed by Brookfield Investment Management Inc. (Brookfield), a U.S. Securities and Exchange Commission-registered investment advisor providing public securities real assets strategies, including global-listed real estate and infrastructure equities, as well as corporate credit and securitized credit. Brookfield is a wholly owned subsidiary of Brookfield Asset Management.
March 18, 2019
Feburary 20, 2019
Feburary 19, 2019More >