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Renaissance Emerging Markets Fund Class A

Emerging Markets Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

NAVPS
(06-21-2024)
$22.60
Change
-$0.07 (-0.31%)

As at May 31, 2024

As at May 31, 2024

As at February 29, 2024

Period
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Legend

Renaissance Emerging Markets Fund Class A

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Fund Returns

Inception Return (October 25, 1996): 5.02%

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 -0.46% 3.55% 8.18% 7.97% 13.09% 3.84% -4.58% 3.61% 2.32% -0.70% 1.29% 4.64% 2.39% 3.55%
Benchmark 0.38% 4.91% 9.08% 8.36% 15.55% 7.33% -0.29% 6.62% 4.48% 3.38% 4.24% 7.10% 4.72% 5.89%
Category Average 0.31% 8.16% 8.16% 6.28% 12.47% 5.34% -3.88% 5.35% 3.41% 1.86% 2.72% 5.41% 3.31% 3.57%
Category Rank 298 / 336 175 / 326 166 / 323 109 / 323 170 / 311 231 / 298 202 / 276 202 / 262 179 / 248 182 / 203 149 / 195 122 / 178 108 / 144 96 / 137
Quartile Ranking 4 3 3 2 3 4 3 4 3 4 4 3 3 3

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 2.69% 4.74% -2.82% -1.92% -2.99% 5.13% 0.19% -1.42% 5.78% 2.07% 1.91% -0.46%
Benchmark 1.39% 5.60% -2.72% -1.99% -1.05% 4.87% 0.67% -2.21% 5.63% 1.24% 3.23% 0.38%

Best Monthly Return Since Inception

18.05% (December 1999)

Worst Monthly Return Since Inception

-23.57% (August 1998)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 3.86% 1.97% 5.83% 31.40% -13.41% 14.44% 10.45% -6.85% -16.58% 7.66%
Benchmark 8.76% 2.69% 7.90% 26.42% -6.05% 15.55% 11.45% 0.08% -12.38% 7.03%
Category Average 2.91% -3.92% 6.53% 28.88% -11.86% 15.06% 17.52% -3.30% -17.32% 8.68%
Quartile Ranking 4 2 2 1 4 2 4 4 3 3
Category Rank 103/ 130 67/ 143 75/ 154 38/ 184 158/ 198 120/ 242 198/ 257 225/ 265 165/ 285 184/ 306

Best Calendar Return (Last 10 years)

31.40% (2017)

Worst Calendar Return (Last 10 years)

-16.58% (2022)

Asset Allocation

Asset Allocation
Name Percent
International Equity 98.38
Cash and Equivalents 1.62

Sector Allocation

Sector Allocation
Name Percent
Technology 30.20
Financial Services 18.92
Consumer Goods 8.98
Consumer Services 7.99
Industrial Goods 7.12
Other 26.79

Geographic Allocation

Geographic Allocation
Name Percent
Asia 77.44
Latin America 9.12
Europe 6.80
Africa and Middle East 5.57
North America 1.08
Other -0.01

Top Holdings

Top Holdings
Name Percent
Taiwan Semiconductor Manufactrg Co Ltd 9.48
Tencent Holdings Ltd 5.47
Samsung Electronics Co Ltd 5.04
Pinduoduo Inc - ADR 2.56
ICICI Bank Ltd - ADR 2.56
Ind and Commercial Bank of China Ltd Cl H 1.76
SK Hynix Inc 1.52
Petroleo Brasileiro SA Petrobras - ADR 1.45
Meituan 1.40
Bank Mandiri (Persero) Tbk PT 1.38

Equity Style

Market capitalization is large. Equity style is blend.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Renaissance Emerging Markets Fund Class A

Median

Other - Emerging Markets Equity

3 Yr Annualized

Standard Deviation 13.97% 15.25% 14.25%
Beta 0.99% 1.05% 1.03%
Alpha -0.04% -0.02% -0.02%
Rsquared 0.88% 0.91% 0.92%
Sharpe -0.47% 0.09% 0.22%
Sortino -0.66% 0.04% 0.15%
Treynor -0.07% 0.01% 0.03%
Tax Efficiency - 96.02% 98.55%
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 8 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 10.77% 13.97% 15.25% 14.25%
Beta 0.98% 0.99% 1.05% 1.03%
Alpha -0.02% -0.04% -0.02% -0.02%
Rsquared 0.91% 0.88% 0.91% 0.92%
Sharpe 0.75% -0.47% 0.09% 0.22%
Sortino 1.87% -0.66% 0.04% 0.15%
Treynor 0.08% -0.07% 0.01% 0.03%
Tax Efficiency 100.00% - 96.02% 98.55%

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 25, 1996
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $12

Fund Codes

FundServ Code Load Code Sales Status
ATL675
ATL858
ATL920

Investment Objectives

The Fund's investment objective is to seek long-term capital appreciation by investing in securities, principally equities, of issuers in countries having smaller capital markets. 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: in addition to equity securities (primarily common shares), may also buy securities that are convertible into common shares; may use derivatives such as options, futures, forward contracts, swaps, and other similar instruments, in a manner considered appropriate to achieving the Fund’s investment objectives. Derivatives may be used for hedging and non-hedging purposes.

Portfolio Manager(s)

Name Start Date
CIBC Asset Management Inc. 09-18-2008
Michael L. Reynal 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 2.28%
Management Fee 1.75%
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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