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Renaissance Investments™

Renaissance Optimal Inflation Opportunities Portfolio



Investment Objective

To seek long term capital appreciation by investing primarily in units of global and/or Canadian mutual funds and securities (including equity securities, fixed income securities, and permitted commodities), which are expected to benefit from or to provide a hedge against inflation.

Fund Specifications

Minimum Initial Investment:
Lump Sum
(Class A) Initial: $500
Subsequent: $100

Distribution of Earnings:
Distributions of net income and net realized capital gains occur annually.

Pre-Authorized Chequing Investment (PAC) or Group RRSP:
$50 minimum investment for semi-monthly, monthly, quarterly, semi-annual or annual deposit.

Systematic Withdrawal Plan:
With minimum initial account value of $10,000. Withdrawals may be made semi-monthly, monthly, quarterly, semi-annually or annually. $50 minimum.

Annual Management Fee (excluding applicable taxes) as at September 1, 2016: 2.00%

Annualized Management Expense Ratio (including applicable taxes) as at August 31, 2016: 2.41%

ATL Codes Front-End
Load
Back-End
Load
Low
Load
Class A ATL2452 ATL2454 ATL2453
Closed to all purchases*
Select ATL2466 ATL2468 ATL2467
Elite ATL2469 ATL2471 ATL2470
Inception Date: September 26, 2011
   
Assets Under Management (000’s)
As at: 08/31/2017
$25,123

Portfolio Sub-Advisors

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.

Luc de la Durantaye, CIBC Asset Management Inc.
Luc de la Durantaye is Managing Director, Asset Allocation and Currency Management at CIBC Asset Management (CAM). He leads a team of over twenty portfolio managers, analysts and traders who are responsible for strategic and tactical asset allocation, currency management and absolute return strategies. He is also a member of CAM's Investment Committee.

Luc began his career in 1985 as a financial analyst at a sell-side brokerage firm in Montreal. During the 1990s Luc began to focus on tactical asset allocation and currency management in his position with the investment management division of a large Canadian financial institution. After spending several years in Toronto he returned to Montreal in 2002, where he joined CIBC Asset Management Inc.'s predecessor firm as leader of the Asset Allocation and Currency team.

Luc is a frequent speaker at investment forums and is often quoted in the national media regarding his views on global currencies and international equity markets.

He received his Bachelor of International Finance from École des Hautes Études Commerciales in Montreal. He is also a CFA charterholder.

Style
Performance and Volatility

Performance
3 mo 6 mo 1 yr 3 yrs 5 yrs 10 yrs YTD Since
Inception
0.1% 2.2% 0.2% 2.3% 5.3% N/A 3.8% 4.8%

As at: 08/31/2017


Calendar Year Performance (Class A)
2016 2015 2014 2013 2012 2011 2010 2009 2008
2.5% 1.8% 3.6% 9.8% 6.3% N/A N/A N/A N/A

Historical Pricing

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.


*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

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.