Renaissance Global Growth Currency Neutral Fund [Class A]

Renaissance Global Growth Currency Neutral Fund seeks long-term capital growth primarily through exposure to a global equity fund that invests primarily in equity securities of companies located anywhere in the world (the Underlying Fund). The Fund will attempt to reduce its currency exposure to non-Canadian dollar currencies by implementing a currency hedging strategy that is aimed at protecting the Fund from non-Canadian dollar currency fluctuations in respect of units it owns in the Underlying Fund.

Also available in Class F

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

Distributions: Distributions of net income and net realized capital gains occur annually.
Pre-Authorized Chequing Investment: $50 minimum investment for semi-monthly, monthly, quarterly, semi-annual or annual deposit.
Systematic Withdrawal Plan: With minimum initial account value of $10,000. Withdrawals may be made semi-monthly, monthly, quarterly, semi-annually or annually. $50 minimum.
Annual Management Fee (excluding applicable taxes): 1.90%
Annualized Management Expense Ratio (including applicable taxes) as at Aug 31, 2023: 2.25%
Front-End Load OptionATL1235
Back-End Load Option-
Low Load Option-
Closed to all purchases
Front-End Load Option-
Back-End Load Option**ATL1237
Low Load Option**ATL1236
Inception DateOct 20, 2010
Fund CodeATL1235
Assets Under Management ($000)
As at : 02/29/2024
$277,321

CIBC Asset Management (CIBC AM) 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.

Sub-Advisor of the Underlying Fund – Renaissance Global Growth Fund

Walter Scott & Partners Ltd is an Edinburgh, Scotland-based global investment manager and has been managing global investment portfolios on behalf of private investors and institutions since 1983.

Roy Leckie


Roy is a director of Walter Scott and along with Charlie Macquaker leads the investment management group. He began his career at Walter Scott joining the firm in 1995 and holds a BSc (hons) in Statistics from the University of Glasgow.

Charles Macquaker


Charlie is a director of Walter Scott and co-heads the investment management group. Charlie began his investment career at Walter Scott joining the firm in 1991. He holds a BSc (hons) in European Studies from Buckingham University.

Style

The investment style box is a graphical depiction of the investing categories an investment manager will invest within.
Performance
3 mo6 moYTD1 yr3 yrs5 yrs10 yrsSince Inception
11.2%11.2%6.5%20.9%7.4%9.3%8.5%8.7%
3 mo
6 mo
YTD
1 yr
3 yrs
5 yrs
10 yrs
Since Inception
11.2%
11.2%
6.5%
20.9%
7.4%
9.3%
8.5%
8.7%

As at: 02/29/2024

Calendar Year Performance
2023202220212020201920182017201620152014
18.3%(18%)18.4%11.40%27.1%(2.4%)18.2%4.3%0.6%6.4%
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
18.3%
(18%)
18.4%
11.40%
27.1%
(2.4%)
18.2%
4.3%
0.6%
6.4%
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.

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

**Effective May 13, 2022, all deferred sales charge (referred to as DSC) purchase options (i.e. back-end load and low-load options) are closed to new purchases, including purchases through pre-authorized chequing plans. Switches to units of another Fund managed by CIBC Asset Management Inc. under the same DSC purchase option will continue to be available.

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.