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Renaissance Investments™

Renaissance Global Value Fund [Class F]



Investment Objective

To seek long-term growth through capital appreciation consistent with preservation of capital through investment primarily in a diversified portfolio of common shares of larger, more established companies in developed markets around the world. The Fund may also invest in larger, more established companies in less developed markets around the world, and may invest in companies that are suppliers or clients of larger companies.

Fund Specifications

Also available in Class A

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

Distribution of Earnings:
In the month of December, income and capital gains accumulated to date are distributed.

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, 2017: 0.95%

Annualized Management Expense Ratio (including applicable taxes) as at August 31, 2017: 1.55%

Class F ATL1625
   
Inception Date: February 22, 2002
   
Assets Under Management (000’s)
As at:

Portfolio Sub-Advisors

Pzena Investment Management, LLC

Pzena Investment Management is a fund manager that employs a classic value investment approach. The firm began managing assets on January 1, 1996 and manages assets for leading endowments, foundations, pension plans and individual investors. The firm is headquartered in New York City, with a representative office for Business Development and Client Services located in Melbourne, Australia.

John Goetz, MBA
Mr. Goetz is a Managing Principal, Co-Chief Investment Officer and Portfolio Manager of U.S. Large Cap and all non-US strategies at the firm. He joined Pzena Investment Management in 1996 and has 34 years of experience.


Caroline Cai, CFA
Ms. Cai is a Principal and Portfolio Manager for International (ex-U.S.), European, Emerging Markets, and Global Value strategies. She has been with the firm since 2004 and has 15 years experience.


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
5.4% 11.9% 9.6% 34.3% 0.3% (12.2%) 6.4% 4.1% (19.4%)

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.

Historical Pricing and Distributions

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.