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Renaissance Global Growth Fund Class A

Global Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade C

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2019

Click for more information on Fundata’s FundGrade

NAVPS
(06-24-2024)
$30.94
Change
-$0.20 (-0.63%)

As at May 31, 2024

As at May 31, 2024

As at February 29, 2024

Period
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Legend

Renaissance Global Growth Fund Class A

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Fund Returns

Inception Return (December 16, 1998): 4.51%

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 1.83% -0.05% 10.76% 7.61% 15.20% 13.36% 6.76% 8.90% 9.19% 9.16% 8.89% 9.89% 9.12% 10.05%
Benchmark 3.15% 4.24% 14.49% 11.66% 23.70% 15.77% 9.12% 12.93% 11.70% 10.13% 9.81% 11.19% 9.88% 10.97%
Category Average 3.08% 12.88% 12.88% 9.94% 19.26% 11.91% 5.89% 10.52% 9.32% 7.93% 7.58% 8.60% 7.35% 7.97%
Category Rank 1,796 / 2,070 1,887 / 2,064 1,493 / 2,040 1,562 / 2,040 1,530 / 1,951 704 / 1,835 796 / 1,663 1,121 / 1,510 815 / 1,449 416 / 1,254 335 / 1,117 310 / 970 199 / 793 189 / 726
Quartile Ranking 4 4 3 4 4 2 2 3 3 2 2 2 2 2

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 2.99% 0.09% 0.46% -4.91% -0.26% 5.88% 2.93% 3.47% 4.05% 1.50% -3.30% 1.83%
Benchmark 2.98% 3.28% -0.19% -4.15% -0.71% 6.95% 2.53% 1.41% 5.64% 2.94% -1.84% 3.15%

Best Monthly Return Since Inception

11.64% (February 2000)

Worst Monthly Return Since Inception

-8.84% (November 2000)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 10.10% 17.48% 1.72% 14.74% 4.57% 21.37% 14.18% 15.45% -15.02% 16.70%
Benchmark 13.97% 16.88% 5.18% 16.29% -1.79% 21.41% 13.15% 17.62% -12.64% 19.37%
Category Average 8.33% 8.98% 3.86% 14.23% -5.38% 19.94% 11.73% 16.21% -13.86% 15.08%
Quartile Ranking 3 2 3 2 1 2 2 3 3 2
Category Rank 359/ 678 297/ 760 582/ 883 469/ 1,051 70/ 1,201 508/ 1,405 543/ 1,486 969/ 1,606 1,104/ 1,760 768/ 1,921

Best Calendar Return (Last 10 years)

21.37% (2019)

Worst Calendar Return (Last 10 years)

-15.02% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 53.68
International Equity 38.70
Canadian Equity 4.29
Cash and Equivalents 3.34
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 23.71
Healthcare 19.59
Consumer Services 13.67
Consumer Goods 9.91
Industrial Services 9.81
Other 23.31

Geographic Allocation

Geographic Allocation
Name Percent
North America 61.31
Europe 27.02
Asia 11.69
Other -0.02

Top Holdings

Top Holdings
Name Percent
Novo Nordisk A/S Cl B 4.55
Microsoft Corp 3.99
Taiwan Semiconductor Manufactrg Co Ltd - ADR 3.52
Amphenol Corp Cl A 3.50
Linde PLC 2.86
Mastercard Inc Cl A 2.85
Alphabet Inc Cl C 2.59
Cash and Cash Equivalents 2.57
Alimentation Couche-Tard Inc 2.49
Industria de Diseno Textil SA 2.34

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 Global Growth Fund Class A

Median

Other - Global Equity

3 Yr Annualized

Standard Deviation 14.05% 13.14% 11.66%
Beta 1.01% 0.93% 0.93%
Alpha -0.02% -0.02% 0.00%
Rsquared 0.87% 0.88% 0.89%
Sharpe 0.33% 0.58% 0.76%
Sortino 0.48% 0.79% 0.98%
Treynor 0.05% 0.08% 0.10%
Tax Efficiency 100.00% 100.00% 100.00%
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 6 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 10.62% 14.05% 13.14% 11.66%
Beta 0.88% 1.01% 0.93% 0.93%
Alpha -0.05% -0.02% -0.02% 0.00%
Rsquared 0.81% 0.87% 0.88% 0.89%
Sharpe 0.93% 0.33% 0.58% 0.76%
Sortino 1.87% 0.48% 0.79% 0.98%
Treynor 0.11% 0.05% 0.08% 0.10%
Tax Efficiency 100.00% 100.00% 100.00% 100.00%

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 December 16, 1998
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $4,221

Fund Codes

FundServ Code Load Code Sales Status
ATL503
ATL504
ATL516

Investment Objectives

To seek long-term capital growth by investing in a diversified portfolio consisting primarily of equity securities of companies located anywhere in the world. 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 common shares of companies that exhibit above-average growth rates in earnings in a given industry. Companies may achieve above-average growth rates in earnings from sales, profit margin improvement, proprietary or niche products or services, leading market shares, and underlying strong industry growth.

Portfolio Manager(s)

Name Start Date
Charles Macquaker 05-01-2004
Roy Leckie 05-01-2004
CIBC Asset Management Inc. 06-23-2006

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 2.22%
Management Fee 1.90%
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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