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Renaissance U.S Equity Income Fund (US$) [Class A]



Investment Objective

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.

Additional Fund Information

Fund Profile

Fund Specifications

Minimum Initial Investment:
Lump Sum
Initial: $500
Subsequent: $100

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): 2.00%

Management Expense Ratio (including applicable taxes): 2.25%

Front-End Load Option ATL2489
Back-End Load Option ATL2491
Low Load Option ATL2490
   
Inception Date: September 16, 2013
   
Assets Under Management (000’s)
As at: 09/30/2014
$119,919

Portfolio Sub-Advisors

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.

Style
Performance and Volatility

Performance
3 mo 6 mo 1 yr 3 yrs 5 yrs 10 yrs YTD Since
Inception
N/A N/A N/A N/A N/A N/A N/A N/A

Fund performance is not available, as the Fund has existed for less than one year.


Calendar Year Performance
2013 2012 2011 2010 2009 2008 2007
n/a n/a n/a n/a n/a n/a n/a

Historical Pricing and Distributions


Denotes target MER: While Renaissance Investments intends to meet the stated MER and will waive management fees or absorb certain expenses to do so, we may discontinue this practice at any time. 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.