To seek above-average, long-term growth of capital by investing primarily in a diversified portfolio of equity securities of small- to medium-sized Canadian issuers.
Minimum Initial Investment:
Distribution of Earnings:
Distributions of net income and net realized capital gains occur annually in December.
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, 2016: 1.75%†
Annualized Management Expense Ratio (including applicable taxes) as at August 31, 2016: 2.60%†
|Front-End Load Option||ATL905|
|Back-End Load Option||ATL852|
|Low Load Option||ATL670|
|Inception Date:||October 25, 1996|
|Assets Under Management (000’s)
|CIBC Asset Management|
CIBC Asset Management 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.
Stephen Carlin, CIBC Asset Management Inc.
Stephen Carlin is Managing Director and Head of Equities at CIBC Asset Management Inc. (CAM). Mr Carlin oversees CAM's Canadian and Global equities Portfolio Management and Research efforts. He holds primary portfolio responsibility for Canadian equity core and equity income mandates.
Prior to joining CIBC, Mr. Carlin was Senior Vice-President and Head of Equities at Aegon Capital Management. At Aegon, he managed Canadian balanced, income and dividend strategies and led a team of portfolio managers, analysts and traders. Previous to his role at Aegon, he held the position of Vice-President, Canadian Equities at KBSH Capital Management and Director, Canadian Equities at CT Investment Management Group.
Mr. Carlin holds a Bachelor of Arts from the University of Western Ontario. He is also a CFA charterholder.
Craig Jerusalim, CIBC Asset Management Inc.
Craig Jerusalim is Portfolio Manager on the CIBC Asset Management Canadian Equity Team, having originally joined in August 2006 as a large cap analyst. Craig has a Bachelor of Science from McGill University (Montreal) and Master of Business Administration from the University of Toronto. Craig is also a CFA charterholder. Craig was previously an Analyst at Dynamic Mutual Funds (Toronto) in 2005 and Software Developer at Amdocs Ltd. (Toronto) from 2001 to 2004.
|3 mo||6 mo||1 yr||3 yrs||5 yrs||10 yrs||YTD||Since
|Calendar Year 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.
†The management fee has changed effective September 1, 2016. The management expense ratio (MER) for the financial year ending August 31, 2017 will be based on the total expenses of the Fund for that financial year (excluding commissions and other portfolio transaction costs). The Manager may waive and/or absorb management fees and operating expenses at its discretion. The practice of waiving and/or absorbing management fees and operating expenses may continue indefinitely or may be terminated at any time without notice to unitholders.
†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.