Renaissance Optimal Growth & Income Portfolio [Class A]

To provide long-term growth and income by investing primarily in units of Canadian and global mutual funds.

Also available in Class F

Minimum Initial Investment:
Lump Sum
(Class A) Initial: $500
Subsequent: $100

Distributions: This Fund expects to distribute net income monthly. 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) as at Sep 1, 2016: 1.80%
Annualized Management Expense Ratio (including applicable taxes) as at Aug 31, 2019: 2.03% 
ATL CodesFront-End Load
Back-End Load
Low Load
Class AATL2939ATL2941ATL2940
Class-T4ATL2944ATL2946ATL2945
Class-T6ATL2947ATL2949ATL2948
Closed to all purchases*
Class-T8ATL2950ATL2952ATL2951
Select ClassATL2953ATL2955ATL2954
Select-T4ATL2956ATL2958ATL2957
Select-T6ATL2959ATL2961ATL2960
Elite ClassATL2965ATL2967ATL2966
Elite-T6ATL2971ATL2973ATL2972
Elite-T8ATL2974ATL2976ATL2975
Inception DateSep 16, 2013
Assets Under Management ($000)
As at: 10/30/2020
$402,443
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.

Ares Management LLC

Ares Management is headquartered in Los Angeles with offices across the U.S., Europe and Asia, supported by approximately 700 employees across four operating divisions. The four divisions are the Private Equity Group, the Private Debt Group, the Commercial Real Estate Group and the Capital Markets Group. Ares Capital Markets Group ("Ares") invests in tradable securities, including broadly syndicated leveraged loans, high yield bonds and other fixed income investments. The Capital Markets Group's Portfolio Managers average more than 15 years of relevant experience investing in below-investment grade debt. A central tenet of Ares disciplined approach is to place a high priority on the preservation of principal (primarily through default avoidance) and minimizing downside risk.

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.

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.

Maple-Brown Abbott Ltd.

Maple-Brown Abbott Ltd is a privately owned investment management company based in Sydney, Australia. The company specializes in the management of investment portfolios consisting of global listed infrastructure securities, Australian equities and Asia-Pacific (ex-Japan) equities. The firm also manages multi-asset portfolios that have exposure to Australian and international equities, Australian fixed income, real estate investment trusts (REITs), alternative assets and cash.

Established in 1984, the firm’s aim is to achieve attractive long-term returns for clients. The company places significant emphasis on its flexible decision making and the strong alignment of its interests with its clients’ interests—hallmarks of its history as a boutique firm.

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
(1.4%)3.1%(4.0%)(2.1%)1.2%3.3%N/A4.8%
3 mo
6 mo
YTD
1 yr
3 yrs
5 yrs
10 yrs
Since Inception
(1.4%)
3.1%
(4.0%)
(2.1%)
1.2%
3.3%
N/A
4.8%

As at: 10/30/2020

Calendar Year Performance
2019201820172016201520142013201220112010
13.7%(4.6%)3.9%8.8%2.7%10.1%N/AN/AN/AN/A
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
13.7%
(4.6%)
3.9%
8.8%
2.7%
10.1%
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.

*On July 21, 2017 CIBC Asset Management Inc. (CAM) announced changes to its product lineup. Certain classes were closed to all investors at end of business day July 21, 2017 and are subsequently being terminated on or about October 13, 2017. Additional classes were also closed to all investors effective end of business day September 1, 2017. For more information click here

†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.