Renaissance Canadian Growth Fund [Class A]

To achieve long-term investment returns through capital growth, primarily in equity securities of large to medium-sized Canadian issuers.

Also available in Class F
Minimum Initial Investment:
Lump Sum
Initial: $500
Subsequent: $100
Distributions: Distribution of net income and net realized capital gains occur annually in December.
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, 2016: 1.75%
Annualized Management Expense Ratio (including applicable taxes) as at Aug 31, 2019: 2.30% 
Front-End Load OptionATL902
Back-End Load OptionATL843
Low Load OptionATL669
Inception DateOct 30, 1985
Assets Under Management ($000)
As at: 10/30/2020
$768,184
Picton Mahoney Asset Management

Picton Mahoney Asset Management (Picton Mahoney) is a portfolio management boutique firm based in Toronto, and is 100% employee owned. The firm was founded in 2004 by David Picton and Michael Mahoney, both early pioneers in the quantitative space in Canada. The firm has grown to manage a diversified asset base that includes retail, hedge fund, sub-advisory and institutional accounts. They are also diversifying the business by product as well, having Canadian equity, global equity, hedge funds, fixed income and sector funds.

Guardian Capital, LP

Guardian Capital LP was founded in 1962 and is a wholly-owned division of Guardian Capital Group Limited, a public company listed on the Toronto Stock Exchange. Guardian Capital LP is an investment management firm providing investment management services to both institutional and retail clients. Guardian offers balanced fund mandates, specialty Canadian equity, fixed income expertise and investment management for U.S, international and global mandates.

Connor, Clark & Lunn Investment Management Ltd.

Established in 1982, Connor, Clark & Lunn Investment Management Ltd. (CC&L), is one of Canada's leading money management firms dedicated to managing assets for pension fund sponsors, capital accumulation plans, corporations, not-for-profit organizations, mutual funds and individual investors. CC&L is wholly owned by its partners and the CC&L Financial Group.

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
(1.0%)12.0%(0.7%)2.8%1.9%4.6%3.0%4.9%
3 mo
6 mo
YTD
1 yr
3 yrs
5 yrs
10 yrs
Since Inception
(1.0%)
12.0%
(0.7%)
2.8%
1.9%
4.6%
3.0%
4.9%

As at: 10/30/2020

Calendar Year Performance
2019201820172016201520142013201220112010
20.1%(11.9%)5.6%16.0%(9.8%)5.0%19.1%8.6%(19.9%)9.7%
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
20.1%
(11.9%)
5.6%
16.0%
(9.8%)
5.0%
19.1%
8.6%
(19.9%)
9.7%


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.

†The management fee has changed effective September 1, 2016. The management expense ratio (MER) for the financial year ending August 31, 2017 will be based on the total expenses of the Fund for that financial year (excluding commissions and other portfolio transaction costs). The Manager may waive and/or absorb management fees and operating expenses at its discretion. The practice of waiving and/or absorbing management fees and operating expenses may continue indefinitely or may be terminated at any time without notice to unitholders.

†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 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.