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Renaissance Investments™

Renaissance Canadian Dividend Fund [Class A]

Investment Objective

To generate a high level of income and long-term capital growth by investing primarily in income producing securities including common shares, preferred shares, income trusts and fixed income securities.

Fund Specifications

Also available in Class F

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

Distribution of Earnings:
The Fund aims to distribute a consistent amount every month ($0.033 per unit). If the amount distributed exceeds the Fund’s net income and net realized capital gains, such excess will constitute a return of capital. The amount of distribution is not guaranteed and may change from time to time.

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, 2016: 1.75%

Annualized Management Expense Ratio (including applicable taxes) as at August 31, 2017: 2.15%

Front-End Load Option ATL294
Back-End Load Option ATL211
Low Load Option ATL266
Inception Date: November 8, 2002
Assets Under Management (000’s)
As at: 01/31/2018

Portfolio Sub-Advisors

CIBC Asset Management

CIBC Asset Management is one of Canada's largest asset management firms and provides a broad range of high-quality global investment management solutions to retail and institutional clients.

Rory Ronan, CIBC Asset Management Inc
Rory Ronan is a member of the Equities team. He is responsible for the overall management of investment portfolios. His role includes portfolio construction, research and fundamental analysis, security selection and risk mitigation. Mr. Ronan has over 20 years of industry experience and holds a Bachelor of Economics degree from the University of Toronto. He is also a CFA charterholder.

Performance and Volatility

3 mo 6 mo 1 yr 3 yrs 5 yrs 10 yrs YTD Since
(3.2%) 1.5% 0.2% 2.9% 5.1% 3.2% (2.8%) 6.2%

As at: 01/31/2018

Calendar Year Performance
2016 2015 2014 2013 2012 2011 2010 2009 2008
14.8% (6.5%) 6.9% 13.2% 7.4% (3.9%) 14.5% 18.4% (28.9%)

*2002 return is for the period from November 8, 2002 to December 31, 2002.

Historical Pricing and Distributions

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.

The management fee has changed effective September 1, 2016. The management expense ratio (MER) for the financial year ending August 31, 2017 will be based on the total expenses of the Fund for that financial year (excluding commissions and other portfolio transaction costs). The Manager may waive and/or absorb management fees and operating expenses at its discretion. The practice of waiving and/or absorbing management fees and operating expenses may continue indefinitely or may be terminated at any time without notice to unitholders.

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.