Renaissance Global Science & Technology Fund (US$) [Class F]

To obtain long-term capital appreciation by investing in a diversified portfolio of global companies involved mainly in telecommunications, biotechnology, computer hardware and software, and medical services and other scientific and technology based 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: 1.00%
Annualized Management Expense Ratio (including applicable taxes) as at Aug 31, 2019: 1.45% 
Class FATL1637
Inception DateJul 17, 2001
Assets Under Management ($000)
As at: 10/30/2020
$198,011
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.

Michal Marszal, CIBC Asset Management Inc.


Michal Marszal is responsible for research coverage and stock selection within the global healthcare sector.
Prior to joining CIBC AM in 2017, Mr. Marszal was a senior healthcare analyst for the Global Quality Equity Portfolio at Caisse de dépôt et placement du Québec. Previously, he was a senior healthcare analyst, principally focusing on global therapeutics, for the 1798 Fundamental Strategies Fund at Lombard Odier Investment Managers. Mr. Marszal began his investment career as an analyst covering global medical technology, and subsequently global biotechnology companies at Sectoral Asset Management.
Mr. Marszal holds a Doctor of Medicine and Master of Surgery degree from McGill University. Upon graduating from medical school, he joined the Neurological Surgery Residency training program at Stanford University Medical Center as a resident physician. Mr. Marszal also holds an MBA degree in Finance from McGill University and a Bachelor of Arts degree in Molecular Biology from Bard College. He is also a CFA charterholder and a member of the CFA Society of Toronto.

Jonathan Mzengeza, CIBC Asset Management Inc.


Jonathan Mzengeza is responsible for research coverage and stock selection within the global information technology sector. Prior to joining CIBC AM, he worked as a technical analyst at Chubb Insurance Company of Canada, researching and analyzing business and system technology needs.
Mr. Mzengeza holds a Bachelor of Science degree in Electrical and Computer Engineering from the University of Cape Town, and an MBA degree from Concordia University. He is also a CFA charterholder and a member of the CFA Society of Toronto.

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
3.3%26.9%31.0%45.5%23.8%20.9%16.6%7.9%
3 mo
6 mo
YTD
1 yr
3 yrs
5 yrs
10 yrs
Since Inception
3.3%
26.9%
31.0%
45.5%
23.8%
20.9%
16.6%
7.9%

As at: 10/30/2020

Calendar Year Performance
2019201820172016201520142013201220112010
43.4%(0.1%)41.7%0.8%10.8%8.0%27.3%21.1%(5.7%)14.7%
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
43.4%
(0.1%)
41.7%
0.8%
10.8%
8.0%
27.3%
21.1%
(5.7%)
14.7%


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.