Renaissance Optimal Global Equity Portfolio [Class A]

To seek long-term capital appreciation by investing primarily in units of global and/or Canadian mutual funds.

Also available in Class F

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

Distributions: 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. $50 minimum.
Annual Management Fee (excluding applicable taxes) as at Sep 1, 2016: 2.25% 
Annualized Management Expense Ratio (including applicable taxes) as at Aug 31, 2019: 2.45% 
ATL CodesFront-End Load
Back-End Load
Low Load
Class AATL1902ATL1903ATL2903
Class-T4ATL2425ATL2427ATL2426
Class-T6ATL2428ATL2430ATL2429
Closed to all purchases*
Elite-T4ATL2437ATL2439ATL2438
Inception DateFeb 16, 2000
Assets Under Management ($000)
As at: 10/30/2020
$33,912
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.

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.

Pzena Investment Management Inc.

Pzena Investment Management is a fund manager that employs a classic value investment approach. The firm began managing assets on January 1, 1996 and manages assets for leading endowments, foundations, pension plans and individual investors. The firm is headquartered in New York City, with a representative office for Business Development and Client Services located in Melbourne, Australia.

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.

Wasatch Global Investors

Wasatch Global Investors is a 100% employee owned, investment manager founded in 1975 and headquartered in Salt Lake City, Utah. Named after the nearby Wasatch Mountain Range, the firm brings unparalleled experience to U.S. and international micro, small, and mid-cap investing with a culture that emphasizes collaboration, excellence and intellectual curiosity. Wasatch Global Investors is registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940.

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
(0.4%)7.8%(3.9%)1.0%3.2%5.0%6.9%1.3%
3 mo
6 mo
YTD
1 yr
3 yrs
5 yrs
10 yrs
Since Inception
(0.4%)
7.8%
(3.9%)
1.0%
3.2%
5.0%
6.9%
1.3%

As at: 10/30/2020

Calendar Year Performance
2019201820172016201520142013201220112010
18.8%(4.3%)13.7%1.3%10.8%8.6%29.5%4.1%(7.1%)10.5%
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
18.8%
(4.3%)
13.7%
1.3%
10.8%
8.6%
29.5%
4.1%
(7.1%)
10.5%


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.