Renaissance Global Bond Fund [Class A]

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 F

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): 1.50%
Annualized Management Expense Ratio (including applicable taxes) : 1.81%  
Front-End Load OptionATL1028
Back-End Load Option-
Low Load Option-
Closed to all purchases
Front-End Load Option-
Back-End Load Option**ATL2872
Low Load Option**ATL1872
Inception DateOct 21, 1992
Assets Under Management ($000)
As at : 05/31/2022
$142,088
Brandywine Global Investment Management LLC

Brandywine Global Investment Management, LLC (Brandywine) is a Specialist Investment Manager of Franklin Resources, Inc. Acting with conviction and discipline, Brandywine Global looks beyond short-term, conventional thinking to rigorously pursue long-term value. Since 1986, the firm has provided a range of differentiated fixed income, equity, and alternative solutions to both institutional and retail clients. The Global Fixed Income team manages an extensive suite of active, value-based global bond strategies.

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 (%) ††
10.55 5.98 3.83
As of Mar 31, 2022 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
(7.5%)(10.4%)(9.8%)(10.5%)(3.2%)(1.9%)2.2%3.3%
3 mo
6 mo
YTD
1 yr
3 yrs
5 yrs
10 yrs
Since Inception
(7.5%)
(10.4%)
(9.8%)
(10.5%)
(3.2%)
(1.9%)
2.2%
3.3%

As at: 05/31/2022

Calendar Year Performance
2021202020192018201720162015201420132012
(6.8%)7.50%1.8%2.40%3.62%(0.3%)8.9%10.5%1.5%7.0%
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
(6.8%)
7.50%
1.8%
2.40%
3.62%
(0.3%)
8.9%
10.5%
1.5%
7.0%
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.

**Effective May 13, 2022, all deferred sales charge (referred to as DSC) purchase options (i.e. back-end load and low-load options) are closed to new purchases, including purchases through pre-authorized chequing plans. Switches to units of another Fund managed by CIBC Asset Management Inc. under the same DSC purchase option will continue to be available.

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.