Renaissance Global Infrastructure Currency Neutral Fund [Class F]

Renaissance Global Infrastructure Currency Neutral Fund seeks long-term capital growth primarily through exposure to a global equity fund that invests primarily in securities of companies throughout the world that are involved in, or that indirectly benefit from, the development, maintenance, servicing, and management of infrastructures (the Underlying Fund). The Fund will attempt to reduce its currency exposure to non-Canadian dollar currencies by implementing a currency hedging strategy that is aimed at protecting the Fund from non-Canadian dollar currency fluctuations in respect of units it owns in the Underlying Fund.

Also available in Class A

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

Distributions: Distributions of net income and net realized capital gains occur annually.
Pre-Authorized Chequing Investment: $50 minimum investment for semi-monthly, monthly, quarterly, semi-annual or annual deposit.
Systematic Withdrawal Plan: With minimum initial account value of $10,000. Withdrawals may be made semi-monthly, monthly, quarterly, semi-annually or annually. $50 minimum.
Annual Management Fee (excluding applicable taxes) as at Sep 1, 2017: 1.25%
Annualized Management Expense Ratio (including applicable taxes) as at Aug 31, 2019: 1.28% 
Class FATL1233
Inception DateNov 12, 2010
Assets Under Management ($000)
As at: 10/30/2020
$100,347
CIBC Asset Management Inc.

CIBC Asset Management (CIBC AM) is one of Canada's largest asset management firms and provides a broad range of high-quality global investment management solutions to retail and institutional clients.

Sub-Advisor of the Underlying Fund – Renaissance Global Infrastructure Fund

Maple-Brown Abbott Ltd.

Maple-Brown Abbott Ltd is a privately owned investment management company based in Sydney, Australia. The company specializes in the management of investment portfolios consisting of global listed infrastructure securities, Australian equities and Asia-Pacific (ex-Japan) equities. The firm also manages multi-asset portfolios that have exposure to Australian and international equities, Australian fixed income, real estate investment trusts (REITs), alternative assets and cash.

Established in 1984, the firm’s aim is to achieve attractive long-term returns for clients. The company places significant emphasis on its flexible decision making and the strong alignment of its interests with its clients’ interests—hallmarks of its history as a boutique firm.

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
(2.7%)(0.9%)(12.8%)(9.0%)N/A2.3%N/A5.7%
3 mo
6 mo
YTD
1 yr
3 yrs
5 yrs
10 yrs
Since Inception
(2.7%)
(0.9%)
(12.8%)
(9.0%)
N/A
2.3%
N/A
5.7%

As at: 10/30/2020

Calendar Year Performance
2019201820172016201520142013201220112010
25.1%(7.6%)10.4%5.5%(3.2%)13.9%15.6%14.1%1.9%N/A
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
25.1%
(7.6%)
10.4%
5.5%
(3.2%)
13.9%
15.6%
14.1%
1.9%
N/A


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.

†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 F 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 fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer, nor are they guaranteed. There can be no assurance that a money market fund will be able to maintain its net asset value per unit at a constant amount or that the full amount of your investment will be returned to you. The values of many mutual funds change frequently. Past performance may not be repeated.