To seek current income and long-term capital growth by investing primarily in a diversified portfolio of equity securities of companies located in the United States.
Minimum Initial Investment:
Distribution of Earnings:
The Fund expects to distribute net income quarterly. Distributions of 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, 2015: 2.23%†
|Front-End Load Option||ATL2489|
|Back-End Load Option||ATL2491|
|Low Load Option||ATL2490|
|Inception Date:||September 16, 2013|
|Assets Under Management (000’s)
|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.
|Phil Davidson, CFA|
Phil Davidson oversees the teams that manage the company's value equity portfolios. He also is a member of the team of investment professionals that manages several strategies, including U.S. Value Yield, U.S. Value and U.S. Mid Cap Value. Prior to joining American Century in 1993, Mr. Davidson was vice president and equity portfolio manager for Boatmen's Trust Company in St. Louis. He has worked in the investment industry since 1980. Mr. Davidson earned a bachelor's degree in business administration and a master's degree in finance from Illinois State University. He is a CFA charterholder and a member of the CFA Institute.
|Michael Liss, CFA, CPA|
Michael Liss co-manages several strategies, including U.S. Value Yield, U.S. Value and U.S. Mid Cap Value. He has worked in the investment industry since joining American Century as an investment analyst in 1998. Prior to that, Mr. Liss was an investment intern at the Indiana University Foundation. He earned a bachelor's degree in business administration and finance from Albright College and a master's degree in finance from Indiana University. Mr. Liss is a CFA charterholder and a member of the CFA Institute.
|Kevin Toney, CFA|
Kevin Toney co-manages several strategies, including U.S. Value Yield, U.S. Value and U.S. Mid Cap Value. Before joining American Century in 1999, Mr. Toney was an associate at Toronto Dominion Securities. He has worked in the investment industry since 1993. He earned a bachelor's degree in commerce from the University of Virginia and a master's degree in business administration from The Wharton School of the University of Pennsylvania. He is a CFA charterholder and a member of the CFA Institute.
|3 mo||6 mo||1 yr||3 yrs||5 yrs||10 yrs||YTD||Since
|Calendar Year Performance|
†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.