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Renaissance Canadian Growth Fund Class A

Canadian Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(05-22-2024)
$53.25
Change
-$0.21 (-0.39%)

As at April 30, 2024

As at April 30, 2024

As at February 29, 2024

Period
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Legend

Renaissance Canadian Growth Fund Class A

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Fund Returns

Inception Return (October 30, 1985): 5.43%

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 -2.59% 3.44% 17.48% 4.54% 8.58% 3.84% 5.44% 12.61% 8.40% 7.45% 6.65% 7.30% 5.34% 4.96%
Benchmark -1.82% 4.10% 16.91% 4.68% 8.73% 5.66% 7.59% 13.51% 8.86% 8.98% 8.12% 8.95% 7.25% 7.22%
Category Average -2.02% 14.76% 14.76% 4.01% 7.13% 4.79% 6.78% 12.37% 7.64% 7.44% 6.57% 7.36% 5.95% 5.96%
Category Rank 617 / 725 346 / 722 112 / 721 275 / 722 283 / 703 501 / 669 476 / 596 295 / 554 241 / 537 304 / 474 278 / 448 271 / 396 293 / 361 293 / 336
Quartile Ranking 4 2 1 2 2 3 4 3 2 3 3 3 4 4

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -3.66% 3.05% 1.88% -1.27% -3.81% -3.78% 7.81% 4.24% 1.06% 2.84% 3.26% -2.59%
Benchmark -4.95% 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82%

Best Monthly Return Since Inception

14.58% (April 2020)

Worst Monthly Return Since Inception

-21.53% (October 1987)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 5.04% -9.82% 16.01% 5.63% -11.85% 20.10% 12.44% 21.99% -8.52% 8.64%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 9.54% -6.15% 16.46% 6.89% -9.47% 19.21% 3.42% 23.26% -4.82% 9.85%
Quartile Ranking 4 4 3 3 4 3 1 3 4 3
Category Rank 300/ 325 331/ 357 217/ 384 321/ 440 381/ 466 295/ 514 34/ 550 402/ 586 546/ 653 512/ 692

Best Calendar Return (Last 10 years)

21.99% (2021)

Worst Calendar Return (Last 10 years)

-11.85% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 83.84
US Equity 9.19
Income Trust Units 3.83
International Equity 1.74
Cash and Equivalents 1.39
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Financial Services 33.12
Energy 15.12
Technology 13.96
Industrial Services 12.09
Basic Materials 8.63
Other 17.08

Geographic Allocation

Geographic Allocation
Name Percent
North America 95.45
Latin America 2.81
Europe 1.57
Asia 0.16
Other 0.01

Top Holdings

Top Holdings
Name Percent
Royal Bank of Canada 6.33
Bank of Montreal 4.28
Canadian Natural Resources Ltd 4.02
Brookfield Corp Cl A 3.66
Shopify Inc Cl A 3.63
Canadian Pacific Kansas City Ltd 3.46
Enbridge Inc 3.44
Fairfax Financial Holdings Ltd 3.21
Manulife Financial Corp 3.20
Toronto-Dominion Bank 3.17

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 Growth Fund Class A

Median

Other - Canadian Equity

3 Yr Annualized

Standard Deviation 13.40% 16.54% 13.45%
Beta 0.99% 1.04% 1.04%
Alpha -0.02% -0.01% -0.02%
Rsquared 0.97% 0.97% 0.96%
Sharpe 0.26% 0.45% 0.32%
Sortino 0.34% 0.55% 0.29%
Treynor 0.03% 0.07% 0.04%
Tax Efficiency 92.08% 93.83% 94.69%
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 8 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 13.02% 13.40% 16.54% 13.45%
Beta 0.99% 0.99% 1.04% 1.04%
Alpha 0.00% -0.02% -0.01% -0.02%
Rsquared 0.96% 0.97% 0.97% 0.96%
Sharpe 0.32% 0.26% 0.45% 0.32%
Sortino 0.79% 0.34% 0.55% 0.29%
Treynor 0.04% 0.03% 0.07% 0.04%
Tax Efficiency 95.25% 92.08% 93.83% 94.69%

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 October 30, 1985
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $1,364

Fund Codes

FundServ Code Load Code Sales Status
ATL669
ATL843
ATL902

Investment Objectives

The Fund's investment objective is to achieve long-term investment returns through capital growth, primarily in equity securities of large to medium-sized Canadian issuers. 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 issuers listed on Canadian exchanges and may also invest in securities of issuers located in other countries. Issuers will typically have an established record of earnings, financial strength, good management, and above-average relative growth potential, and will typically have a market capitalization of more than $1 billion.

Portfolio Manager(s)

Name Start Date
CIBC Asset Management Inc. 09-17-2008

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 1.93%
Management Fee 1.55%
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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