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Renaissance Investments™

RENAISSANCE U.S. EQUITY GROWTH CURRENCY NEUTRAL FUND [CLASS F]



Investment Objective

Renaissance U.S. Equity Growth Currency Neutral Fund seeks long-term capital growth primarily through exposure to a U.S. equity fund that invests primarily in equity securities of companies listed on major U.S. exchanges and that are located in the United States (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: 0.75%

Annualized Management Expense Ratio (including applicable taxes) as at August 31, 2018: 0.99%

Class F ATL1253
   
Inception Date: December 8, 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 – CIBC Private Wealth Advisors, Inc.
CIBC Private Wealth Advisors, Inc.

CIBC Private Wealth Advisors, Inc. (formerly, CIBC Atlantic Trust Private Wealth Management) delivers personalized, integrated and objective wealth management solutions for affluent individuals and multi-generational families, as well as foundations and endowments. Across the U.S., our experienced professionals strive to provide the highest-quality client service with strong investment performance and a fiduciary mindset.


Patricia A. Bannan, CFA
Managing Director, Senior Portfolio Manager
CIBC Private Wealth Advisors, Inc.
Experience: Started in 1982


Brant Houston, CFA
Managing Director, Senior Portfolio Manager
CIBC Private Wealth Advisors, Inc.
Experience: Started in 1998

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
2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
(3.9%) 23.2% 2.2% 6.8% 10.5% 29.2 % (1.9%) (10.8%) N/A N/A

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 F 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.