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Renaissance Investments™

Renaissance Global Focus Currency Neutral Fund [CLASS F]



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.

Additional Fund Information

Fund Profile

Fund Facts

Currency Neutral Investing

Fund Specifications

Also available in Class A

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) as at September 1, 2017: 0.95%

Annualized Management Expense Ratio (including applicable taxes) as at August 31, 2017: 1.45%

Class F ATL1248
   
Inception Date: December 7, 2010
   
Assets Under Management (000’s)
As at:
Portfolio Sub-Advisors

CIBC Asset Management

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 Focus Fund
American Century Investment Management, Inc.

Headquartered in Kansas City, Missouri, American Century Investments® is a leading privately-held investment management firm, committed to delivering superior investment performance and building long-term client relationships since 1958.


Keith Creveling, CFA
Keith Creveling co-manages the Global Growth strategy and has been a member of the Global and Non-U.S. Equity team since joining American Century Investments in 1999. He has worked in the investment industry since 1994.


Brent Puff
Brent Puff co-manages the Global Growth strategies. Prior to his current position, he was a senior investment analyst covering United States companies for the team. Before joining American Century Investments in 2001, he spent four years at Peregrine Investment Holdings. He has worked in the investment industry since 1992. He earned a bachelor's degree in economics from Denison.

Style
Performance and Volatility

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

As at:


Calendar Year Performance
2016 2015 2014 2013 2012 2011 2010 2009 2008
(1.8%) 2.8% 5.6% 32.1% (1.2%) (15.1%)      

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.