Renaissance Global Bond Fund [Class F]

To preserve capital and to provide income and long-term growth primarily through investment in debt securities denominated in foreign currencies issued by Canadian or non-Canadian governments, corporations and financial institutions.

Also available in Class A
Minimum Initial Investment:
Lump Sum
Initial: $500
Subsequent: $100
Distributions: On a quarterly basis, income accumulated to date is distributed. 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. $100 minimum.
Annual Management Fee (excluding applicable taxes): 0.75%
Annualized Management Expense Ratio (including applicable taxes) as at Aug 31, 2019: 0.90% 
Class FATL1646
Inception DateAug 22, 2007
Assets Under Management ($000)
As at: 10/30/2020
$471,442
Brandywine Global Investment Management LLC

Established in 1986, Brandywine Global is a mid-sized investment firm based in Philadelphia. They are an independent subsidiary of Legg Mason, Inc., a global asset management holding company founded in 1899. Brandywine Global has more than 140 employees, with offices in Philadelphia, Chicago, San Francisco and Singapore covering more than 300 institutional client relationships.

Style

The investment style box is a graphical depiction of the investing categories an investment manager will invest within.
Fixed Income Strategy * Net Rates

Term to Maturity (Years) *Duration (Years) *Average YTM (%) *
14.7 6.84 3.02
As of Oct 31, 2020 Source: BNY Mellon Analytics

Term to Maturity (Years)
The time remaining on a bond's life, or the date on which the debt will cease to exist and the borrower will have completely paid off the amount borrowed.

Duration (Years)
Duration is defined as the weighted average time to full recovery of principal and interest.

Yield to Maturity (Average YTM)
The percentage rate of return paid on a bond, note or other fixed income security if the investor buys and holds it to its maturity date. The calculation for YTM is based on the coupon rate, length of time to maturity and market price. It assumes that coupon interest paid over the life of the bond will be reinvested at the same rate.

Performance
3 mo6 moYTD1 yr3 yrs5 yrs10 yrsSince Inception
(2.2%)5.6%3.8%3.6%3.0%3.8%5.1%5.6%
3 mo
6 mo
YTD
1 yr
3 yrs
5 yrs
10 yrs
Since Inception
(2.2%)
5.6%
3.8%
3.6%
3.0%
3.8%
5.1%
5.6%

As at: 10/30/2020

Calendar Year Performance
2019201820172016201520142013201220112010
2.7%3.3%4.5%0.6%9.8%11.5%2.5%7.8%9.5%5.4%
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2.7%
3.3%
4.5%
0.6%
9.8%
11.5%
2.5%
7.8%
9.5%
5.4%


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.