Investor Site

 

Renaissance Investments™

Renaissance Optimal Global Equity Portfolio [Class F]



Investment Objective

To seek long-term capital appreciation by investing primarily in units of global and/or Canadian mutual funds.

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: 1.25%

Annualized Management Expense Ratio (including applicable taxes) as at August 31, 2017: 1.36%

ATL Codes  
Class F ATL1652
Class-FT4 ATL1343
Class-FT6 ATL1344
Inception Date: May 9, 2001
   
Assets Under Management (000’s)
As at:

Portfolio Sub-Advisors

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.

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.

Maple-Brown Abbott Limited

Maple-Brown Abbott Limited is a privately owned investment management company based in Sydney, Australia. The company specializes in the management of investment portfolios consisting of global listed infrastructure securities, Australian equities and Asia-Pacific (ex-Japan) equities. The firm also manages multi-asset portfolios that have exposure to Australian and international equities, Australian fixed income, real estate investment trusts (REITs), alternative assets and cash.

Established in 1984, the firm’s aim is to achieve attractive long-term returns for clients. The company places significant emphasis on its flexible decision making and the strong alignment of its interests with its clients’ interests—hallmarks of its history as a boutique firm.

Causeway Capital Management LLC

Founded in 2001 Causeway Capital Management LLC (Causeway) is an investment firm, wholly-owned by employees, based in Los Angeles, California. Causeway began managing assets in June 2001 and currently manages approximately $58 billion (June 30, 2018) in global, international, emerging market and absolute return equities for large corporations, public, superannuation, sovereign wealth funds, Taft-Hartley, endowments, sub-advisory and socially responsible clients.

Wasatch Advisors, Inc.

Based out of Salt Lake City, Utah, Wasatch Advisors was established in 1975 by Samuel S. Stewart, Jr., who holds a Ph.D. and is also a CFA charterholder. The firm manages assets for clients in a style that relies on intensive, fundamental research of individual companies. Stewart's research pointed to earnings growth as an essential indicator of future stock prices-a premise that remains the underlying core of Wasatch Advisors' investment culture.

Wasatch Advisors has evolved into a stable, independent, employee-owned firm. It focuses exclusively on investment management for pensions and profit-sharing plans, corporations, foundations, trusts, high net worth individuals and its mutual fund shareholders.

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 (Class F)
2016 2015 2014 2013 2012 2011 2010 2009 2008
1.3% 10.8% 8.6% 29.5% 4.1% (7.1%) 10.5% 14.8% (21.1%)

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

*On July 21, 2017 CIBC Asset Management Inc. (CAM) announced changes to its product lineup. Certain classes were closed to all investors at end of business day July 21, 2017 and are subsequently being terminated on or about October 13, 2017. Additional classes were also closed to all investors effective end of business day September 1, 2017. For more information click here

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.