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Axis Investment Fund Series 2
Investment Objective
The objective of the Fund is to achieve long-term capital growth through investments in a diversified portfolio of early-stage eligible businesses engaged in the information technology sector. Our strategy to satisfy this objective involves prudently selecting companies that share a number of features, including: seasoned management teams with deep domain expertise; proprietary technology that creates a competitive advantage for the company and barriers to entry against competitors, and clear paths to revenue and profitability.
| Eligible: | |
| 100% | > RSP |
| 15% | > Federal Tax Credit |
| 15% | > Ontario Tax Credit |
Fund Specifications
Minimum Initial Investment:
Lump Sum
Initial: $1000
Subsequent: $500
Distribution of Earnings:
Accumulated and distributed at the end of the fiscal year and automatically
reinvested.
Pre-Authorized Chequing Investment (PAC) or Group RRSP:
$100 minimum investment for bi-monthly, monthly, quarterly, semi annual or
annual deposit.
$25 will be charged per dishonored cheque or electronic transfer.
Systematic Withdrawal Plan:
N/A
Annual Management Fee (excluding applicable taxes): 4.28%
Management Expense Ratio (including applicable taxes)
as at February 28, 2010: %*
*Includes performances fees and commissions paid. The MER quoted above is annualized as at February 28, 2010.
| Rear Load Option | ATL1180 |
| Inception Date: | December 3, 2002 |
| Assets Under Management (000’s) As at: |
|
Performance and Volatility
| Performance | |||||||
| 3 mo | 6 mo | 1 yr | 3 yrs | 5 yrs | 10 yrs | YTD | Since Inception |
| (35.3%) | (38.3%) | (64.6%) | (55.1%) | (40.7%) | N/A | (38.3%) | (30.4%) |
| Calendar Year Performance | ||||||
| 2009 | 2008 | 2006 | 2005 | 2004 | 2003 | 2002 |
| (55.4%) | (61.2%) | (13.08%) | (6.98%) | (9.84%) | 1.64% | - |
| 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. |
Holdings As at: 12/31/2005 
Commissions, trailing commissions, management fees, and expenses all may be associated with mutual fund investments. Please read the Axis 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, their values change frequently, and past performance may not be repeated. Renaissance Investments is offered by CIBC Asset Management Inc. ™Renaissance Investments and "invest well. live better." are registered trademarks of CIBC Asset Management Inc.
Tax Credits
Some limitations apply; please refer to the Axis prospectus. A redemption fee may apply. New shares must be held for eight years to avoid repaying tax credits. Tax credits are non-refundable. Income tax is payable on all amounts withdrawn from an RRSP. These tax credit rates are applicable as at the start of each taxation year.