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RENAISSANCE GLOBAL FOCUS CURRENCY NEUTRAL FUND [CLASS A]
| Investment Objective | Fund Specifications | Portfolio Sub-Advisors | Portfolio | Performance | Historical Pricing |
Investment Objective
Renaissance Global Focus Currency Neutral Fund seeks long-term capital growth primarily through exposure to a global equity fund that invests primarily in equity securities of companies throughout 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.
Fund Specifications
Minimum Initial Investment:
Lump Sum
Initial: $500
Subsequent: $100
Distribution of Earnings:
Distributions of net income and net realized capital gains occur annually.
Pre-Authorized Chequing Investment (PAC) or Group RRSP:
$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): 2.25%
Annualized Management Expense Ratio (including applicable taxes) as at February 29, 2012: 2.83%†
| Front-End Load Option | ATL1245 |
| Back-End Load Option | ATL1247 |
| Low Load Option | ATL1246 |
| Inception Date: | October 14, 2010 |
| Assets Under Management (000’s) As at: |
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Portfolio Sub-Advisors
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CIBC Global Asset Management Inc. |
CIBC Global Asset Management Inc. 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. |
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Sub-Advisor of the Underlying Fund – Renaissance Global Focus Fund
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Aletheia Research and Management, Inc. |
Founded in 1997 by Peter J. Eichler, Aletheia is a proprietary investment company who believes that correct investing and ultimate investment success depends upon discovering what is knowable about corporations and their secular earnings prospects and applying this knowledge astutely. The firm employs independent, time-tested methodologies to maximize client wealth, anticipating investor perceptions rather than reacting to them. Aletheia pursues exclusive information channels that produce proprietary research and does not rely on traditional channels of information, such as Wall Street research, securities analysts or mainstream media. |
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Performance and Volatility
| Performance | |||||||
| 3 mo | 6 mo | 1 yr | 3 yrs | 5 yrs | 10 yrs | YTD | Since Inception |
| 4.9% | 2.8% | (7.7%) | N/A | N/A | N/A | 10.5% | 0.9% |
As at:
| Calendar Year Performance | ||||||
| 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 |
| (15.1%) | ||||||
†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 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 fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer, nor are they guaranteed. There can be no assurance that a money market fund will be able to maintain its net asset value per unit at a constant amount or that the full amount of your investment will be returned to you. The values of many mutual funds change frequently. Past performance may not be repeated.