New: reduced management fees on four Renaissance Investments funds
To reinforce its commitment to providing value and competitive pricing for Canadian investors, CIBC Asset Management Inc. (CAM) today announced management fee reductions on certain Renaissance global equity funds. Effective on or about January 30, 2020, new management fees will apply to investors holding any of the following funds:
|Fund||Current Management Fee (%)||New Management Fee (%)|
|Renaissance Global Growth Fund - Class F||0.95||0.85|
|Renaissance Global Growth Currency Neutral Fund - Class F||0.95||0.85|
|Renaissance International Equity Fund - Class F||0.95||0.85|
|Renaissance International Equity Currency Neutral Fund - Class F||0.95||0.85|
If you have any questions, please contact your CIBC Asset Management sales representative.