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Renaissance Canadian Balanced Fund Class A

Canadian Equity Balanced

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

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
(12-12-2024)
$20.45
Change
-$0.12 (-0.61%)

As at November 30, 2024

As at November 30, 2024

As at July 31, 2024

Period
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Legend

Renaissance Canadian Balanced Fund Class A

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Fund Returns

Inception Return (March 10, 1999): 5.68%

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 4.79% 6.82% 11.80% 17.39% 20.80% 10.74% 5.85% 6.85% 6.30% 7.15% 5.57% 6.14% 5.94% 5.10%
Benchmark 5.15% 8.52% 14.71% 20.22% 24.77% 12.93% 8.19% 10.13% 9.20% 10.02% 8.23% 8.18% 8.64% 7.34%
Category Average 3.92% 5.87% 10.68% 15.22% 19.25% 10.44% 6.45% 8.13% 7.09% 7.56% 6.03% 6.17% 6.34% 5.59%
Category Rank 40 / 373 104 / 373 109 / 372 131 / 369 161 / 369 215 / 367 271 / 363 298 / 355 275 / 329 242 / 319 235 / 301 189 / 272 203 / 260 210 / 250
Quartile Ranking 1 2 2 2 2 3 3 4 4 4 4 3 4 4

Monthly Return

Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 2.90% 0.51% 1.88% 2.22% -2.25% 2.63% -0.01% 3.80% 0.83% 1.69% 0.24% 4.79%
Benchmark 3.79% 0.07% 1.27% 3.22% -1.85% 2.08% -0.32% 4.94% 1.05% 2.82% 0.37% 5.15%

Best Monthly Return Since Inception

8.50% (April 2020)

Worst Monthly Return Since Inception

-12.60% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 6.58% -2.04% 6.84% 8.66% -6.89% 16.40% 5.79% 10.19% -8.93% 8.24%
Benchmark 10.25% -5.39% 15.95% 7.50% -6.34% 18.83% 6.85% 17.62% -7.12% 10.48%
Category Average 8.24% -2.09% 10.63% 6.12% -6.63% 14.36% 4.77% 15.38% -7.74% 9.70%
Quartile Ranking 4 3 4 1 3 2 3 4 3 4
Category Rank 200/ 225 178/ 251 227/ 260 65/ 272 185/ 301 109/ 321 172/ 329 340/ 355 235/ 363 281/ 367

Best Calendar Return (Last 10 years)

16.40% (2019)

Worst Calendar Return (Last 10 years)

-8.93% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 48.86
US Equity 15.53
Canadian Government Bonds 10.20
Canadian Corporate Bonds 9.88
International Equity 8.16
Other 7.37

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 23.10
Financial Services 21.36
Technology 11.83
Energy 10.45
Basic Materials 7.78
Other 25.48

Geographic Allocation

Geographic Allocation
Name Percent
North America 91.10
Europe 6.80
Asia 1.32
Latin America 0.63
Other 0.15

Top Holdings

Top Holdings
Name Percent
Royal Bank of Canada 4.01
Shopify Inc Cl A 3.34
Enbridge Inc 2.26
Brookfield Corp Cl A 2.08
Toronto-Dominion Bank 2.00
Agnico Eagle Mines Ltd 1.93
Canadian Natural Resources Ltd 1.77
Suncor Energy Inc 1.67
Canadian Imperial Bank of Commerce 1.66
Bank of Nova Scotia 1.52

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

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

Risk vs Return (3 Yr)

Renaissance Canadian Balanced Fund Class A

Median

Other - Canadian Equity Balanced

3 Yr Annualized

Standard Deviation 10.94% 11.90% 9.52%
Beta 0.94% 0.92% 0.91%
Alpha -0.02% -0.02% -0.01%
Rsquared 0.97% 0.98% 0.94%
Sharpe 0.25% 0.38% 0.40%
Sortino 0.44% 0.45% 0.36%
Treynor 0.03% 0.05% 0.04%
Tax Efficiency 85.10% 86.86% 78.86%
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 6.55% 10.94% 11.90% 9.52%
Beta 0.83% 0.94% 0.92% 0.91%
Alpha 0.00% -0.02% -0.02% -0.01%
Rsquared 0.92% 0.97% 0.98% 0.94%
Sharpe 2.25% 0.25% 0.38% 0.40%
Sortino 6.45% 0.44% 0.45% 0.36%
Treynor 0.18% 0.03% 0.05% 0.04%
Tax Efficiency 98.53% 85.10% 86.86% 78.86%

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 March 10, 1999
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $118

Fund Codes

FundServ Code Load Code Sales Status
ATL507
ATL508
ATL517

Investment Objectives

To achieve long-term investment return through a combination of income and capital growth by investing primarily in a diversified portfolio of Canadian equity securities, investment grade bonds, and money market instruments. 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 in a combination of equity and fixed income securities issued by governments or corporations; uses a bottom-up, fundamental approach to primarily invest in equity securities of high-quality companies that are attractively valued from a discount to intrinsic value perspective; may shift the asset allocation based on the Portfolio Advisor's economic and market outlook.

Portfolio Manager(s)

Name Start Date
Luc De La Durantaye 12-16-2020
Suzann Pennington 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 2.01%
Management Fee 1.60%
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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