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Renaissance Investments™

Renaissance Global Resource Fund [Class F]



Investment Objective

To seek long-term growth through capital appreciation consistent with preservation of capital by investing primarily in a diversified portfolio of equity securities or securities convertible to equity securities of companies around the world involved in or indirectly dependent on the resource industry.

 

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: 1.45%

Class F ATL1666
   
Inception Date: November 27, 2003
   
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.

Brian See, CFA
Brian See is a member of the Equities Research team. He is responsible for research coverage of the North American energy sector.

Mr. See joined CIBC Asset Management in 2013 and holds a Bachelor of Commerce degree from the Haskayne School of Business at the University of Calgary. He is also a CFA charterholder.

Daniel Greenspan
Daniel Greenspan is a member of the Equities Research team. He is responsible for the fundamental analysis of the North American materials sector, including metals & mining, chemicals and fertilizer companies.

Mr. Greenspan joined CIBC Asset Management in 2016 and holds an MBA degree from the Rotman School of Management at the University of Toronto and a Bachelor of Arts degree in Economics from the University of Western Ontario.

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
22.8% (20.9%) (15.4%) (20.7%) (15.1%) (30.6%) 50.4% 65.5% (46.0%)

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.