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Renaissance Investments™

Renaissance Global Small-Cap Fund [Class A]

Investment Objective

To seek long-term growth through capital appreciation consistent with preservation of capital through investment primarily in the common shares of smaller, less established companies in developed markets around the world. The Fund may also invest in smaller, less established companies in less developed markets around the world, and may invest in companies that are suppliers or clients of smaller companies.

Fund Specifications

Also available in Class F

Minimum Initial Investment:
Lump Sum
Initial: $500
Subsequent: $100

Distribution of Earnings:
In the month of December, income and capital gains accumulated to date are distributed.

Pre-Authorized Chequing Investment (PAC) or Group RRSP:
$50 minimum investment for monthly, quarterly, semi-annual or annual deposit.

Systematic Withdrawal Plan:
With minimum initial account value of $10,000. Withdrawals may be made monthly, quarterly, semi-annually or annually. $50 minimum.

Annual Management Fee (excluding applicable taxes) as at September 1, 2017: 2.00%

Annualized Management Expense Ratio (including applicable taxes) as at August 31, 2018: 2.50%

Front-End Load Option ATL1040
Back-End Load Option ATL1041
Low Load Option ATL2041
Inception Date: February 2, 1998
Assets Under Management (000’s)
As at:

Portfolio Sub-Advisors

Wasatch Advisors, Inc.

Based out of Salt Lake City, Utah, Wasatch Advisors was established in 1975 by Samuel S. Stewart, Jr., who holds a Ph.D. and is also a CFA charterholder. The firm manages assets for clients in a style that relies on intensive, fundamental research of individual companies. Stewart's research pointed to earnings growth as an essential indicator of future stock prices-a premise that remains the underlying core of Wasatch Advisors' investment culture.

Wasatch Advisors has evolved into a stable, independent, employee-owned firm. It focuses exclusively on investment management for pensions and profit-sharing plans, corporations, foundations, trusts, high net worth individuals and its mutual fund shareholders.

Ajay Krishnan, Wasatch Advisors, Inc.
Mr. Krishnan joined Wasatch Advisors in 1994 and is the Lead Portfolio Manager for Wasatch Emerging Markets Select and Emerging India portfolios. He is also a Portfolio Manager for Wasatch Global Small Cap Portfolios. He was a portfolio manager for Wasatch Small Cap Ultra Growth Portfolios from 2000 to 2013 and for Wasatch World Innovators Portfolios from 2000 to 2007. Prior to becoming a portfolio manager, Mr. Krishnan was a Research Analyst for Wasatch Small Cap Ultra Growth Portfolios.

Mr. Krishnan earned a Master of Business Administration from Utah State University, where he also worked as a graduate assistant. He completed his undergraduate degree at Bombay University, earning a Bachelor of Science in Physics with a Minor in Mathematics.

Mr. Krishnan is a CFA charterholder and a member of the Salt Lake City Society of Financial Analysts. He specializes in analyzing the investment potential of fast-growing companies.

JB Taylor, Wasatch Advisors, Inc.
Mr. Taylor is Chief Executive Officer of Wasatch Advisors and a member of the Board of Directors. He has been the lead portfolio manager for the Wasatch Small Cap Core Growth and Wasatch Small Cap Growth Portfolios since 2000 and 2016, respectively. In addition, he is a Portfolio Manager for the Wasatch Global Small Cap portfolios. Mr. Taylor joined Wasatch Advisors as a Research Analyst in 1996, working on the Wasatch Micro Cap Growth Portfolios. He began working on Wasatch Small Cap Core Growth Portfolios as a Senior Research Analyst in 1999.

Mr. Taylor graduated from Stanford University, earning a Bachelor of Science in Industrial Engineering.

Performance and Volatility

3 mo 6 mo 1 yr 3 yrs 5 yrs 10 yrs YTD Since

As at:

Calendar Year Performance
2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
1.2% 22.8% (7.3%) 21.1% 7.7% 44.1% 13.0% (10.8%) 12.6% 19.8% (33.4%)

Investment Performance

Value of $10,000 invested since inception

The rate of return or mathematical table shown is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the fund or returns on investment in the fund.

Historical Pricing

Please refer to the Annual/Interim Management Reports of Fund Performance for further details.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the Renaissance Investments family of funds simplified prospectus before investing. The indicated rates of return are the historical annual compounded total returns for the class A units including changes in unit value and reinvestment of all distributions, but do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. Mutual funds are not guaranteed. The values of many mutual funds change frequently. Past performance may not be repeated.