Renaissance Global Small-Cap Fund [Class A]

To seek long-term growth through capital appreciation consistent with preservation of capital through investment primarily in the common shares of smaller, less established companies in developed markets around the world. The Fund may also invest in smaller, less established companies in less developed markets around the world, and may invest in companies that are suppliers or clients of smaller companies.

Also available in Class F

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

Distributions: In the month of December, income and capital gains accumulated to date are distributed.
Pre-Authorized Chequing Investment: $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 Jan 1, 2022: 1.80%
Annualized Management Expense Ratio (including applicable taxes) as at Jan 1, 2022: 2.19%  
Front-End Load OptionATL1040
Back-End Load Option-
Low Load Option-
Closed to all purchases
Front-End Load Option-
Back-End Load Option**ATL1041
Low Load Option**ATL2041
Inception DateFeb 2, 1998
Assets Under Management ($000)
As at : 05/31/2022
$519,092
Wasatch Global Investors

Wasatch Global Investors is a 100% employee owned, investment manager founded in 1975 and headquartered in Salt Lake City, Utah. Named after the nearby Wasatch Mountain Range, the firm brings unparalleled experience to U.S. and international micro, small, and mid-cap investing with a culture that emphasizes collaboration, excellence and intellectual curiosity. Wasatch had $18.5 billion in assets under management as of June 30, 2019. Wasatch Global Investors is registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940.

Ajay Krishnan, Wasatch Global Investors


Mr. Krishnan joined Wasatch Global Investors in 1994 and serves on the Board of Directors. He is also a Portfolio Manager, the head of emerging markets investing and a member of the global research team.

Mr. Krishnan earned a Master of Business Administration from Utah State University, where he also worked as a graduate assistant. He completed his undergraduate degree at Bombay University, earning a Bachelor of Science in Physics with a minor in Mathematics.

Mr. Krishnan is a CFA charterholder and a member of the Salt Lake City Society of Financial Analysts.

JB Taylor, Wasatch Global Investors


Mr. Taylor is Chief Executive Officer of Wasatch Global Investors and serves on the Board of Directors. He is also a Portfolio Manager, the head of U.S. small cap investing and a member of the global research team. He joined Wasatch as an Analyst in 1996.

Mr. Taylor graduated from Stanford University, earning a Bachelor of Science in Industrial Engineering.

Paul Lambert, Wasatch Global Investors


Mr. Lambert is a Portfolio Manager on the U.S. small cap and global research teams. He joined Wasatch Global Investors as an Analyst in 2000.  

Prior to joining Wasatch, Mr. Lambert worked for Fidelity Investments. 

Mr. Lambert graduated from the University of Utah, earning a Bachelor of Science in Finance.

Ken Applegate, Wasatch Global Investors


Mr. Applegate is a Portfolio Manager, the head of international developed markets investing and a member of the global research team. He joined Wasatch Global Investors in 2014.  

During more than two decades of investing, Mr. Applegate has focused exclusively on global small cap companies. His career began in 1994 in London, where he served as a financial analyst and later as a co-manager of a foreign exchange hedge portfolio for Refco. In 1996, he moved to the U.S. where he spent 11 years specializing in small cap investing for RCM and then Berkeley Capital Management. Later, he returned to his native New Zealand to join Fisher Funds as a senior portfolio manager, and was integral in launching and managing international small cap funds. In 2012, he moved back to the U.S. to launch the Pacific View Asset Management international small cap strategy.

Mr. Applegate completed his Bachelor of Management studies at the University of Waikato in New Zealand. He is also a CFA charterholder and a Certified Market Technician (CMT).

Style

The investment style box is a graphical depiction of the investing categories an investment manager will invest within.
Performance
3 mo6 moYTD1 yr3 yrs5 yrs10 yrsSince Inception
(15.9%)(29.4%)(29.3%)(19.7%)5.6%8.4%12.4%7.9%
3 mo
6 mo
YTD
1 yr
3 yrs
5 yrs
10 yrs
Since Inception
(15.9%)
(29.4%)
(29.3%)
(19.7%)
5.6%
8.4%
12.4%
7.9%

As at: 05/31/2022

Calendar Year Performance
2021202020192018201720162015201420132012
15.7%36.90%23.6%1.2%22.8%(7.3%)21.1%7.7%44.1%13.0%
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
15.7%
36.90%
23.6%
1.2%
22.8%
(7.3%)
21.1%
7.7%
44.1%
13.0%
Investment Performance

Value of $10,000 invested since inception

The rate of return or mathematical table shown is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the fund or returns on investment in the fund.


La note FundGrade A+® est utilisée avec l'autorisation de Fundata Canada Inc., tous droits réservés. Fundata est un fournisseur principal de données du marché boursier et des fonds de placement à l'industrie canadienne des services financiers et aux médias des affaires. La note FundGrade A+® identifie les fonds qui ont constamment démontré les meilleurs rendements ajustés au risque au cours d'une année civile complète. Pour plus d'informations sur le système de notation, veuillez visiter le site http://www.Fundata.com/Produits_et_services/FundGrade.aspx.

†Please refer to the Annual/Interim Management Reports of Fund Performance for further details.

**Effective May 13, 2022, all deferred sales charge (referred to as DSC) purchase options (i.e. back-end load and low-load options) are closed to new purchases, including purchases through pre-authorized chequing plans. Switches to units of another Fund managed by CIBC Asset Management Inc. under the same DSC purchase option will continue to be available.

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.