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Renaissance Canadian Dividend Fund Class A

Canadian Div & Inc Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeB Click for more information on Fundata’s ESG Grade

Fundata ESG Grade B

Click for more information on Fundata’s ESG Grade.

NAVPS
(06-13-2024)
$16.31
Change
-$0.15 (-0.94%)

As at May 31, 2024

As at May 31, 2024

As at February 29, 2024

Period
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Legend

Renaissance Canadian Dividend Fund Class A

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Fund Returns

Inception Return (November 08, 2002): 6.14%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 3.36% 5.07% 11.55% 7.49% 15.06% 1.76% 5.27% 11.41% 8.04% 6.59% 5.56% 5.87% 5.17% 4.62%
Benchmark 2.77% 5.07% 11.79% 7.58% 17.55% 7.08% 7.35% 13.44% 10.14% 8.92% 8.75% 9.19% 7.72% 7.53%
Category Average 2.63% 9.63% 9.63% 5.45% 12.60% 3.39% 6.14% 11.85% 7.77% 7.14% 6.59% 7.11% 6.26% 5.94%
Category Rank 106 / 460 51 / 456 67 / 451 74 / 451 114 / 446 382 / 435 330 / 409 291 / 394 208 / 387 266 / 364 283 / 344 276 / 324 221 / 268 228 / 254
Quartile Ranking 1 1 1 1 2 4 4 3 3 3 4 4 4 4

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 3.04% 2.27% -2.27% -2.59% -3.53% 6.58% 3.78% -0.14% 2.45% 4.32% -2.56% 3.36%
Benchmark 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82% 2.77%

Best Monthly Return Since Inception

10.78% (November 2020)

Worst Monthly Return Since Inception

-16.17% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 6.94% -6.45% 14.84% 3.36% -13.63% 18.35% 4.09% 22.85% -4.55% 5.27%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 8.23% -6.21% 17.48% 7.25% -7.75% 18.42% -1.18% 26.41% -3.72% 7.17%
Quartile Ranking 4 3 3 4 4 3 1 4 3 4
Category Rank 190/ 242 177/ 265 207/ 301 274/ 332 344/ 357 206/ 379 50/ 394 362/ 406 291/ 429 393/ 440

Best Calendar Return (Last 10 years)

22.85% (2021)

Worst Calendar Return (Last 10 years)

-13.63% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 88.77
Income Trust Units 6.10
US Equity 4.12
Cash and Equivalents 1.01

Sector Allocation

Sector Allocation
Name Percent
Financial Services 37.25
Energy 18.58
Basic Materials 9.14
Industrial Services 7.76
Real Estate 4.81
Other 22.46

Geographic Allocation

Geographic Allocation
Name Percent
North America 96.99
Latin America 3.01

Top Holdings

Top Holdings
Name Percent
Royal Bank of Canada 8.88
Canadian Natural Resources Ltd 5.11
Bank of Montreal 4.43
Manulife Financial Corp 4.38
Canadian Imperial Bank of Commerce 4.02
Suncor Energy Inc 3.63
Toronto-Dominion Bank 3.17
WSP Global Inc 3.11
Enbridge Inc 2.85
Restaurant Brands International Inc 2.82

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Renaissance Canadian Dividend Fund Class A

Median

Other - Canadian Div & Inc Equity

3 Yr Annualized

Standard Deviation 13.46% 15.04% 12.33%
Beta 0.98% 0.95% 0.94%
Alpha -0.02% -0.01% -0.02%
Rsquared 0.95% 0.96% 0.94%
Sharpe 0.23% 0.46% 0.31%
Sortino 0.32% 0.54% 0.26%
Treynor 0.03% 0.07% 0.04%
Tax Efficiency 74.18% 83.69% 71.45%
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10

Risk Rating

Rating 7 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 11.48% 13.46% 15.04% 12.33%
Beta 0.98% 0.98% 0.95% 0.94%
Alpha -0.02% -0.02% -0.01% -0.02%
Rsquared 0.97% 0.95% 0.96% 0.94%
Sharpe 0.86% 0.23% 0.46% 0.31%
Sortino 1.93% 0.32% 0.54% 0.26%
Treynor 0.10% 0.03% 0.07% 0.04%
Tax Efficiency 90.78% 74.18% 83.69% 71.45%

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date November 08, 2002
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $347

Fund Codes

FundServ Code Load Code Sales Status
ATL211
ATL266
ATL294

Investment Objectives

The Fund's investment objective is to generate a high level of income and long-term capital growth by investing primarily in income producing securities including common shares, preferred shares, income trusts, and fixed income securities. We will not change the Fund’s fundamental investment objectives without the consent of unitholders by a majority of votes cast at a meeting of unitholders.

Investment Strategy

To achieve its investment objectives, the Fund: invests primarily in securities, which can provide a long-term consistent income stream and capital growth, and selects securities based on the outlook for market conditions, and uses fundamental analysis to determine the best potential investment for the portfolio; may invest in securities of foreign issuers to an extent that will vary from time to time but is not generally expected to exceed 30% of the Fund’s NAV.

Portfolio Manager(s)

Name Start Date
Domenic Monteferrante 12-16-2020

Management and Organization

Fund Manager CIBC Asset Management Inc.
Advisor CIBC Asset Management Inc.
Custodian CIBC Mellon Trust Company
Registrar CIBC Asset Management Inc.
Distributor -
Auditor Ernst & Young LLP, Chartered Accountants

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 50

Fees

MER 2.07%
Management Fee 1.70%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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