Fund Library Home Page
Sign In Français

  • My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

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
Sign up Now More Info

Renaissance Global Growth Currency Neutral Fund Class A

  • Premium Feature Only
Add to My Watchlist

Global Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

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.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2019

Click for more information on Fundata’s FundGrade

NAVPS
(05-16-2025) 		$29.63
Change
$0.20 (0.69%)

As at April 30, 2025

As at April 30, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Jan 2011Jan 2012Jan 2013Jan 2014Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jan 2011Jan 2013Jan 2015Jan 2017Jan 2019Jan 2021Jan 2023Jan 2025Ja…$5,000$10,000$15,000$20,000$25,000$30,000$35,000$8,000$9,000$11,000$12,000$13,000$14,000Period

Legend

Renaissance Global Growth Currency Neutral Fund Class A

Compare Options

Fund Returns

Inception Return (October 20, 2010): 7.78%

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 0.12% -8.21% -4.73% -4.88% 0.08% 5.90% 5.31% 3.20% 8.05% 6.22% 7.31% 7.73% 8.28% 7.03%
Benchmark -2.97% -7.99% 0.02% -4.37% 12.05% 15.36% 12.95% 8.94% 12.87% 10.21% 10.09% 9.79% 11.46% 10.10%
Category Average -2.36% -7.61% -0.68% -3.44% 8.76% 11.25% 9.41% 5.89% 10.36% 7.80% 7.70% 7.48% 8.67% 7.40%
Category Rank 132 / 2,117 985 / 2,105 1,966 / 2,092 1,199 / 2,101 1,990 / 2,031 1,773 / 1,907 1,689 / 1,772 1,456 / 1,617 1,291 / 1,480 1,174 / 1,422 803 / 1,222 521 / 1,070 611 / 921 509 / 788
Quartile Ranking 1 2 4 3 4 4 4 4 4 4 3 2 3 3

Monthly Return

Created with Highcharts 10.3.3-8%-6%-4%-2%0%2%4%6%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 2.21% 2.08% 0.29% 2.15% -0.36% -1.36% 4.15% -3.83% 3.62% -2.12% -6.32% 0.12%
Benchmark 3.15% 2.29% 2.79% 0.04% 2.54% 0.69% 4.44% 0.14% 3.94% -1.04% -4.18% -2.97%

Best Monthly Return Since Inception

11.12% (November 2020)

Worst Monthly Return Since Inception

-9.84% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-30%-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 0.59% 4.30% 18.22% -2.37% 27.08% 11.41% 18.37% -17.97% 18.27% 9.49%
Benchmark 16.88% 5.18% 16.29% -1.79% 21.41% 13.15% 17.62% -12.64% 19.37% 26.84%
Category Average 8.98% 3.86% 14.23% -5.38% 19.94% 11.73% 16.21% -13.86% 15.08% 20.13%
Quartile Ranking 4 2 1 2 1 3 2 4 2 4
Category Rank 690/ 754 412/ 878 226/ 1,036 376/ 1,183 127/ 1,382 753/ 1,464 558/ 1,583 1,307/ 1,735 585/ 1,883 1,864/ 2,000

Best Calendar Return (Last 10 years)

27.08% (2019)

Worst Calendar Return (Last 10 years)

-17.97% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 57.30
International Equity 32.56
Cash and Equivalents 7.36
Canadian Equity 2.78

Sector Allocation

Sector Allocation
Name Percent
Technology 23.52
Healthcare 16.55
Consumer Services 14.73
Financial Services 9.22
Consumer Goods 9.14
Other 26.84

Geographic Allocation

Geographic Allocation
Name Percent
North America 67.39
Europe 21.02
Asia 11.60
Other -0.01

Top Holdings

Top Holdings
Name Percent
Renaissance Global Growth Fund Class O 97.26
CANADIAN DOLLAR 2.99
Cash and Cash Equivalents 0.37
NEW TAIWAN DOLLAR 0.08
SWISS FRANC 0.01
BRITISH POUND 0.00
AUSTRALIAN DOLLAR 0.00
DANISH KRONER 0.00
EUROPEAN CURRENCY UNIT 0.00
JAPANESE YEN -0.01

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)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return681012141618202224-20%-10%0%10%20%30%

Renaissance Global Growth Currency Neutral Fund Class A

Median

Other - Global Equity

3 Yr Annualized

Standard Deviation 14.52% 14.46% 13.40%
Beta 1.08% 1.12% 1.02%
Alpha -0.08% -0.06% -0.03%
Rsquared 0.83% 0.84% 0.81%
Sharpe 0.16% 0.44% 0.45%
Sortino 0.33% 0.61% 0.51%
Treynor 0.02% 0.06% 0.06%
Tax Efficiency 100.00% 99.81% 99.17%
Volatility Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10

Risk Rating

Rating 8 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 10.72% 14.52% 14.46% 13.40%
Beta 0.87% 1.08% 1.12% 1.02%
Alpha -0.10% -0.08% -0.06% -0.03%
Rsquared 0.59% 0.83% 0.84% 0.81%
Sharpe -0.29% 0.16% 0.44% 0.45%
Sortino -0.29% 0.33% 0.61% 0.51%
Treynor -0.04% 0.02% 0.06% 0.06%
Tax Efficiency 100.00% 100.00% 99.81% 99.17%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A62.2​62.258.3​58.30%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A61.6​61.659.5​59.50%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A70.3​70.357.8​57.80%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A44.8​44.856.6​56.60%10%20%30%40%50%60%70%80%90%100%

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.

View the full methodology

Fund Details

Start Date October 20, 2010
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $304

Fund Codes

FundServ Code Load Code Sales Status
ATL1235
ATL1236
ATL1237

Investment Objectives

To seek long-term capital growth primarily through exposure to a global equity fund that invests primarily in equity securities of companies located anywhere in the world (the Underlying Fund). The Fund will attempt to reduce its currency exposure to non-Canadian dollar currencies by implementing a currency hedging strategy that is aimed at protecting the Fund from non-Canadian dollar currency fluctuations in respect of units it owns in the Underlying Fund.

Investment Strategy

To achieve its investment objectives, the Fund: invests primarily in units of Renaissance Global Growth Fund. The Fund may also invest in other funds managed by us or our affiliates where the investment is consistent with the investment objectives and strategies of the Fund; may, from time to time, change the Underlying Fund in which the Fund invests without notice to unitholders.

Portfolio Management

Portfolio Manager

CIBC Asset Management Inc.

  • Roy Leckie
  • Charles Macquaker
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 2.24%
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) 1.00%
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
Sign up Now More Info