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Renaissance Optimal Income Portfolio Class A
Canadian Fix Inc Balanced
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FundGrade C
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FundGrade A+® Rating Recipient
2017, 2015, 2014, 2013
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|
NAVPS (06-24-2026) |
$9.52 |
|---|---|
| Change |
$0.03
(0.28%)
|
As at May 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (November 13, 2007): 4.02%
| 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 | 1.32% | -0.08% | 2.78% | 3.64% | 7.75% | 7.74% | 7.27% | 5.41% | 3.66% | 4.39% | 3.83% | 3.85% | 3.13% | 3.62% |
| Benchmark | 1.68% | 0.06% | 3.25% | 3.97% | 10.47% | 11.20% | 9.01% | 6.68% | 4.38% | 4.69% | 4.72% | 4.90% | 4.49% | 4.57% |
| Category Average | 1.88% | 0.73% | 3.14% | 3.85% | 9.07% | 8.69% | 8.04% | 6.01% | 3.72% | 4.33% | 4.09% | 4.04% | 3.61% | 3.80% |
| Category Rank | 377 / 410 | 361 / 410 | 266 / 410 | 247 / 410 | 288 / 400 | 294 / 396 | 282 / 393 | 283 / 390 | 216 / 370 | 169 / 337 | 200 / 323 | 173 / 287 | 186 / 271 | 156 / 260 |
| Quartile Ranking | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.84% | 0.10% | 0.92% | 1.80% | 0.20% | 0.88% | -0.83% | 0.99% | 2.71% | -2.56% | 1.21% | 1.32% |
| Benchmark | 0.76% | -0.14% | 1.52% | 2.70% | 0.81% | 1.16% | -0.69% | 0.68% | 3.20% | -2.57% | 1.00% | 1.68% |
Best Monthly Return Since Inception
4.80% (April 2020)
Worst Monthly Return Since Inception
-8.71% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.16% | 3.39% | -4.23% | 11.20% | 4.01% | 5.17% | -9.05% | 6.56% | 8.25% | 5.64% |
| Benchmark | 6.19% | 4.30% | -1.25% | 10.87% | 8.35% | 3.73% | -9.93% | 7.79% | 8.33% | 9.15% |
| Category Average | 4.06% | 3.92% | -2.19% | 9.07% | 6.42% | 3.91% | -9.95% | 7.21% | 8.35% | 6.88% |
| Quartile Ranking | 1 | 3 | 4 | 1 | 4 | 2 | 2 | 4 | 3 | 4 |
| Category Rank | 57/ 248 | 191/ 268 | 269/ 281 | 47/ 303 | 304/ 335 | 103/ 358 | 109/ 374 | 305/ 392 | 209/ 395 | 309/ 398 |
Best Calendar Return (Last 10 years)
11.20% (2019)
Worst Calendar Return (Last 10 years)
-9.05% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 20.15 |
| Canadian Government Bonds | 16.55 |
| Foreign Corporate Bonds | 14.67 |
| US Equity | 13.36 |
| International Equity | 12.92 |
| Other | 22.35 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 58.86 |
| Financial Services | 7.62 |
| Utilities | 5.78 |
| Technology | 3.73 |
| Energy | 3.62 |
| Other | 20.39 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 82.47 |
| Europe | 12.82 |
| Asia | 4.06 |
| Latin America | 0.55 |
| Africa and Middle East | 0.07 |
| Other | 0.03 |
Top Holdings
| Name | Percent |
|---|---|
| Renaissance Canadian Bond Fund Class O | 30.21 |
| Renaissance Short-Term Income Fund Class A | 9.55 |
| Renaissance High-Yield Bond Fund Class O | 9.05 |
| Renaissance Canadian Dividend Fund Class O | 8.97 |
| Renaissance Global Infrastructure Fund Class O | 7.77 |
| CIBC Global Bond Private Pool O | 6.05 |
| Renaissance U.S. Equity Income Fund O | 5.97 |
| Renaissance Floating Rate Income Fund A | 4.99 |
| Renaissance U.S. Equity Growth Fund Class A | 4.06 |
| Renaissance International Dividend Fund Class O | 4.04 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Renaissance Optimal Income Portfolio Class A
Median
Other - Canadian Fix Inc Balanced
3 Yr Annualized
| Standard Deviation | 5.33% | 6.58% | 6.43% |
|---|---|---|---|
| Beta | 0.86 | 0.94 | 0.99 |
| Alpha | 0.00 | 0.00 | -0.01 |
| Rsquared | 0.90% | 0.93% | 0.89% |
| Sharpe | 0.68 | 0.14 | 0.29 |
| Sortino | 1.34 | 0.18 | 0.16 |
| Treynor | 0.04 | 0.01 | 0.02 |
| Tax Efficiency | 77.46% | 54.86% | 52.57% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.63% | 5.33% | 6.58% | 6.43% |
| Beta | 0.85 | 0.86 | 0.94 | 0.99 |
| Alpha | -0.01 | 0.00 | 0.00 | -0.01 |
| Rsquared | 0.94% | 0.90% | 0.93% | 0.89% |
| Sharpe | 1.13 | 0.68 | 0.14 | 0.29 |
| Sortino | 1.52 | 1.34 | 0.18 | 0.16 |
| Treynor | 0.06 | 0.04 | 0.01 | 0.02 |
| Tax Efficiency | 78.07% | 77.46% | 54.86% | 52.57% |
Fund Details
| Start Date | November 13, 2007 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $1,076 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| ATL048 | ||
| ATL049 | ||
| ATL050 |
Investment Objectives
To generate income with some potential for capital appreciation by investing primarily in units of Canadian and global mutual funds. 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 units of mutual funds managed by us or our affiliates (the Underlying Funds); has, under normal market conditions, a long-term strategic asset mix of fixed income (45-75%) and equities (25-55%). The Portfolio Advisor may review and adjust the asset mix, in its sole discretion, depending on economic conditions and relative value of income and equity securities.
Portfolio Management
| Portfolio Manager |
CIBC Asset Management Inc. |
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
CIBC Asset Management Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
CIBC Asset Management Inc. |
| Distributor |
- |
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 | 1.96% |
|---|---|
| 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) | 1.00% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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