Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports

Renaissance Global Bond Fund Class A

Global Core Plus Fixd Inc

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2018

Click for more information on Fundata’s FundGrade

NAVPS
(06-04-2025)
$4.34
Change
$0.01 (0.22%)

As at April 30, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Jan 1998Jan 2000Jan 2002Jan 2004Jan 2006Jan 2008Jan 2010Jan 2012Jan 2014Jan 2016Jan 2018Jan 2020Jan 2022Jan 2024Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2025Jan 2000Jan 2005Jan 2010Jan 2015Jan 2020$10,000$15,000$20,000$25,000$5,000$8,500$9,000$9,500$10,500$11,000Period

Legend

Renaissance Global Bond Fund Class A

Compare Options


Fund Returns

Inception Return (October 21, 1992): 3.05%

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 -2.54% -0.05% 0.58% 2.19% 5.86% 0.19% 0.53% -2.01% -1.10% -0.94% -0.96% -0.87% 0.02% 0.52%
Benchmark -1.24% 0.48% 2.90% 1.72% 9.54% 3.77% 3.65% 0.12% -1.76% 0.18% 1.02% 0.55% 1.24% 1.95%
Category Average - - - - - - - - - - - - - -
Category Rank 351 / 365 232 / 364 308 / 362 40 / 363 226 / 354 323 / 324 270 / 290 268 / 273 168 / 223 200 / 206 178 / 180 137 / 145 106 / 130 79 / 108
Quartile Ranking 4 3 4 1 3 4 4 4 4 4 4 4 4 3

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 1.27% 0.03% 3.69% 0.48% 2.18% -2.39% 0.46% -2.03% 2.24% 1.14% 1.41% -2.54%
Benchmark 0.00% 1.16% 3.88% -0.22% 1.89% -0.37% 0.95% 0.21% 1.24% 1.20% 0.53% -1.24%

Best Monthly Return Since Inception

10.36% (January 2015)

Worst Monthly Return Since Inception

-4.74% (September 2023)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 8.86% -0.28% 3.62% 2.40% 1.75% 7.45% -6.79% -11.07% 4.28% -2.29%
Benchmark 16.63% -1.36% -0.08% 7.82% 1.45% 7.03% -6.05% -10.83% 2.72% 6.80%
Category Average - - - - - - - - - -
Quartile Ranking 2 3 1 2 4 2 4 3 4 4
Category Rank 44/ 107 78/ 125 28/ 142 59/ 171 160/ 203 96/ 215 232/ 260 167/ 286 244/ 324 349/ 350

Best Calendar Return (Last 10 years)

8.86% (2015)

Worst Calendar Return (Last 10 years)

-11.07% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Government Bonds 87.86
Cash and Equivalents 11.71
Canadian Government Bonds 0.43

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 88.29
Cash and Cash Equivalent 11.71

Geographic Allocation

Geographic Allocation
Name Percent
North America 51.03
Europe 32.80
Asia 11.31
Multi-National 2.72
Latin America 1.42
Other 0.72

Top Holdings

Top Holdings
Name Percent
United States Treasury 2.25% 15-Aug-2027 5.71
United States Treasury 3.00% 31-Oct-2025 5.12
United States Treasury 1.38% 15-Nov-2031 5.08
United States Treasury 2.75% 15-Aug-2032 3.52
Cash and Cash Equivalents 3.47
Canada Government 30-Jul-2025 3.30
United States Treasury 1.75% 15-Nov-2029 3.12
France Government 0.50% 25-May-2029 3.10
United States Treasury 1.38% 31-Dec-2028 2.70
Italy Government 4.35% 01-Nov-2033 2.28

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: M. Average Credit Quality: H.
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return23456789101112-4%-2%0%2%4%6%8%

Renaissance Global Bond Fund Class A

Median

Other - Global Core Plus Fixd Inc

3 Yr Annualized

Standard Deviation 9.27% 8.63% 7.52%
Beta 1.37% 1.03% 0.70%
Alpha -0.04% 0.01% -0.01%
Rsquared 0.72% 0.59% 0.42%
Sharpe -0.32% -0.37% -0.12%
Sortino -0.33% -0.59% -0.40%
Treynor -0.02% -0.03% -0.01%
Tax Efficiency 72.07% - -
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 6.77% 9.27% 8.63% 7.52%
Beta 1.21% 1.37% 1.03% 0.70%
Alpha -0.05% -0.04% 0.01% -0.01%
Rsquared 0.65% 0.72% 0.59% 0.42%
Sharpe 0.33% -0.32% -0.37% -0.12%
Sortino 0.65% -0.33% -0.59% -0.40%
Treynor 0.02% -0.02% -0.03% -0.01%
Tax Efficiency 100.00% 72.07% - -

Fund Details

Start Date October 21, 1992
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $40

Fund Codes

FundServ Code Load Code Sales Status
ATL1028
ATL1872
ATL2872

Investment Objectives

The Fund's objective is to preserve capital and to provide income and long-term growth primarily through investment in debt securities denominated in foreign currencies issued by Canadian or non-Canadian governments, corporations, and financial institutions. 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: employs a strategy that consists of undertaking a value approach based on high real yields and positioning the Fund with respect to country, currency, and sector allocations, average term-tomaturity, and term structure. The basis on which these decisions are made comes from a review of global macroeconomic and capital market conditions

Portfolio Management

Portfolio Manager

CIBC Asset Management Inc.

Sub-Advisor

Brandywine Global Investment Management, LLC

  • Stephen Smith
  • David F. Hoffman

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 1.46%
Management Fee 1.00%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.50%
Trailer Fee Max (DSC) 0.50%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports