Investor Site

 

Renaissance Investments™

Axiom Balanced Income Portfolio [Class A]

Investment Objective

The Portfolio will seek to:

  • Create a diversified portfolio of investments across several asset classes
  • Invest primarily in mutual funds
  • Achieve a mix of high current income and some long-term capital growth by investing primarily in a diversified blend of income and bond mutual funds, along with equity mutual funds.

We will not change the fundamental investment objectives of the Portfolio without the consent of unitholders by a majority of votes cast at a meeting of unitholders.

Additional Portfolio Information

Portfolio Profile

Fund Facts

Fact Sheet

Portfolio Specifications

Also available in Class F

Minimum Initial Investment Lump Sum:

  • Class A - $500 in both registered and non-registered accounts.
  • $100 for additional investments.

Distribution of Earnings:
Income and capital gains accumulated to date are intended to be distributed in the month of December.

Pre-Authorized Chequing Investment (PAC):
$50 in both registered and non-registered accounts.
Deposits may be made monthly, quarterly, semi-annually or annually.

Systematic Withdrawal Plan:
$50 in non-registered accounts.
Withdrawal may be made monthly, quarterly, semi-annually or anually.

Portfolio Codes:
ATL Codes Front-End
Load
Back-End
Load
Low
Load
Class A
ATL975 ATL976 ATL977
Class-T4
ATL2601 ATL2603 ATL2602
Class-T6
ATL2604 ATL2606 ATL2605
Class F
ATL981
Closed to all purchases*
Class-T8
ATL2607 ATL2609 ATL2608
Select Class
ATL926 ATL928 ATL927
Select-T4
ATL2610 ATL2612 ATL2611
Select-T6
ATL2616 ATL2618 ATL2617
Elite Class
ATL950 ATL952 ATL951
Elite-T4
ATL2613 ATL2615 ATL2614

Management Expense Ratio (MER):   
Class A  
2.08% 

Includes applicable taxes

 

Performance and Volatility

Performance: November 30, 2018
3 mo 6 mo 1 yr 3 yrs 5 yrs 10 yrs YTD Since
Inception
(3.1%) (2.2%) (2.3%) 2.8% 3.7% 5.1% (1.9%) 3.7%
Since Inception date: March 15, 2005

*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

Annualized MERs for the period ending August 31 2017 (as disclosed in each fund or portfolio's interim management report of fund performance). Renaissance Investments may have waived fees or absorbed expenses otherwise payable by a portfolio. At the discretion of Renaissance Investments, this practice may continue indefinitely and can be terminated at any time.

Management fees for Class A units are outlined in the Simplified Prospectus of the Portfolios. There are currently no management fees payable by the Class O units of the Underlying Pools in respect of the investment by the Portfolio in such Class O units. No management fees are payable by the Portfolio that would duplicate a fee payable by the Underlying Pool(s) for the same service.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the Axiom Portfolios simplified prospectus before investing. The indicated rates of return are the historical annual compounded total returns for the Class A units, as at November 30, 2018 , 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.