Renaissance Global Value Fund [Class F]

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

Also available in Class A
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 Sep 1, 2017: 0.95%
Annualized Management Expense Ratio (including applicable taxes) as at Aug 31, 2019: 1.06% 
Class FATL1625
Inception DateFeb 22, 2002
Assets Under Management ($000)
As at: 10/30/2020
$25,726
Pzena Investment Management Inc.

Pzena Investment Management is a fund manager that employs a classic value investment approach. The firm began managing assets on January 1, 1996 and manages assets for leading endowments, foundations, pension plans and individual investors. The firm is headquartered in New York City, with a representative office for Business Development and Client Services located in Melbourne, Australia.

John Goetz, MBA


Mr. Goetz is a Managing Principal, Co-Chief Investment Officer and Portfolio Manager of U.S. Large Cap and all non-US strategies at the firm. Mr. Goetz joined Pzena Investment Management in 1996 and has 34 years of experience.

Caroline Cai, CFA


Ms. Cai is a Principal and Portfolio Manager for International (ex-U.S.), European, Emerging Markets, and Global Value strategies. Ms. Cai has been with the firm since 2004 and has 15 years of experience.

Benjamin Silver, CFA, CPA


Mr. Silver is a Principal and Co-Portfolio Manager for the U.S. large cap, U.S. mid cap, and global strategies, Focused Value, and Small Cap Focused Value. Mr. Silver joined Pzena Investment Management in 2001 and has 31 years of experience.

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
(1.1%)2.5%(19.4%)(13.9%)(4.6%)1.4%5.2%2.5%
3 mo
6 mo
YTD
1 yr
3 yrs
5 yrs
10 yrs
Since Inception
(1.1%)
2.5%
(19.4%)
(13.9%)
(4.6%)
1.4%
5.2%
2.5%

As at: 10/30/2020

Calendar Year Performance
2019201820172016201520142013201220112010
16.0%(9%)14.9%6.8%13.5%11.2%36.2%1.7%(11%)7.8%
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
16.0%
(9%)
14.9%
6.8%
13.5%
11.2%
36.2%
1.7%
(11%)
7.8%


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.