Renaissance U.S. Equity Income Fund (US$) [Class A]

To seek current income and long-term capital growth by investing primarily in a diversified portfolio of equity securities of companies located in the United States.

Additional Fund Information
Also available in Class F

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

Distributions: The Fund expects to distribute net income quarterly. Distributions of 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): 1.75%
Annualized Management Expense Ratio (including applicable taxes) as at Aug 31, 2019: 2.05% 
ATL CodesFront-End Load
Back-End Load
Low Load
Class AATL2489ATL2491ATL2490
Class-T4ATL1364ATL1366ATL1365
Class-T6ATL1367ATL1369ATL1368
Inception DateSep 16, 2013
Assets Under Management ($000)
As at: 10/30/2020
$1,900,583
American Century Investment Management Inc.

Headquartered in Kansas City, Missouri, American Century Investments® is a leading privately-held investment management firm, committed to delivering superior investment performance and building long-term client relationships since 1958.

Phil Davidson, CFA

Phil Davidson oversees the teams that manage the company's value equity portfolios. He also is a member of the team of investment professionals that manages several strategies, including U.S. Value Yield, U.S. Value and U.S. Mid Cap Value. Prior to joining American Century in 1993, Mr. Davidson was vice president and equity portfolio manager for Boatmen's Trust Company in St. Louis. He has worked in the investment industry since 1980. Mr. Davidson earned a bachelor's degree in business administration and a master's degree in finance from Illinois State University. He is a CFA charterholder and a member of the CFA Institute.

Michael Liss, CFA, CPA

Michael Liss co-manages several strategies, including U.S. Value Yield, U.S. Value and U.S. Mid Cap Value. He has worked in the investment industry since joining American Century as an investment analyst in 1998. Prior to that, Mr. Liss was an investment intern at the Indiana University Foundation. He earned a bachelor's degree in business administration and finance from Albright College and a master's degree in finance from Indiana University. Mr. Liss is a CFA charterholder and a member of the CFA Institute.

Kevin Toney, CFA

Kevin Toney co-manages several strategies, including U.S. Value Yield, U.S. Value and U.S. Mid Cap Value. Before joining American Century in 1999, Mr. Toney was an associate at Toronto Dominion Securities. He has worked in the investment industry since 1993. He earned a bachelor's degree in commerce from the University of Virginia and a master's degree in business administration from The Wharton School of the University of Pennsylvania. He is a CFA charterholder and a member of the CFA Institute.

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
(0.8%)5.0%(10.3%)(6.4%)2.4%6.4%N/A6.5%
3 mo
6 mo
YTD
1 yr
3 yrs
5 yrs
10 yrs
Since Inception
(0.8%)
5.0%
(10.3%)
(6.4%)
2.4%
6.4%
N/A
6.5%

As at: 10/30/2020

Calendar Year Performance
2019201820172016201520142013201220112010
23.5%(5.7%)11.7%17.9%(0.8%)10.7%N/AN/AN/AN/A
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
23.5%
(5.7%)
11.7%
17.9%
(0.8%)
10.7%
N/A
N/A
N/A
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 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.