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Renaissance Investments™

Axiom Long-Term Growth 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 long-term capital growth by investing primarily in equity mutual funds for higher growth potential, with some exposure to fixed income securities for diversification

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.
Withdrawals may be made monthly, quarterly, semi-annually or annually.

Portfolio Codes:
ATL Codes Front-End
Load
Back-End
Load
Low
Load
Class A
ATL992 ATL994 ATL993
Class-T4
ATL2655 ATL2657 ATL2656
Class-T6
ATL2658 ATL2660 ATL2659
Class F
ATL791
Closed to all purchases*
Select Class
ATL935 ATL937 ATL936
Elite Class
ATL959 ATL961 ATL960

Management Expense Ratio (MER):   
Class A  
2.37% 

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
(6.1%) (5.2%) (4.3%) 4.1% 4.2% 6.2% (4.3%) 3.9%
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.