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Renaissance International Equity Currency Neutral Fund Class A

International Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

NAVPS
(07-22-2025)
$18.70
Change
$0.02 (0.09%)

As at June 30, 2025

As at June 30, 2025

As at June 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 2025Jan 2…$10,000$15,000$20,000$25,000$5,000$30,000$9,000$11,000$12,000$13,000$14,000Period

Legend

Renaissance International Equity Currency Neutral Fund Class A

Compare Options


Fund Returns

Inception Return (October 20, 2010): 6.11%

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 -0.21% 0.41% -3.03% -3.03% -6.79% 0.93% 6.69% 1.12% 4.88% 5.18% 5.52% 5.83% 6.80% 5.83%
Benchmark 2.18% 7.40% 14.02% 14.02% 17.40% 16.11% 17.68% 7.82% 10.64% 8.76% 7.30% 7.52% 8.97% 7.36%
Category Average 1.27% 5.39% 11.04% 11.04% 14.33% 13.16% 14.85% 5.73% 8.94% 7.32% 6.29% 6.18% 7.49% 5.96%
Category Rank 754 / 810 777 / 790 785 / 785 785 / 785 772 / 772 739 / 739 703 / 704 663 / 687 631 / 649 566 / 610 433 / 545 347 / 500 339 / 448 245 / 371
Quartile Ranking 4 4 4 4 4 4 4 4 4 4 4 3 4 3

Monthly Return

Created with Highcharts 10.3.3-6%-4%-2%0%2%4%6%8%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 0.01% 1.49% -1.11% -3.24% -0.24% -0.80% 4.48% -2.28% -5.41% -1.35% 2.00% -0.21%
Benchmark 4.08% 0.37% 1.09% -2.68% 0.03% 0.16% 5.72% 1.20% -0.76% 0.66% 4.41% 2.18%

Best Monthly Return Since Inception

9.47% (November 2022)

Worst Monthly Return Since Inception

-8.62% (August 2015)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 2.04% 4.81% 17.79% -6.56% 25.73% 9.86% 15.40% -17.15% 16.94% 5.11%
Benchmark 19.41% -1.70% 18.37% -6.81% 16.27% 8.01% 8.97% -10.67% 15.74% 11.18%
Category Average 13.82% -2.56% 17.84% -8.91% 17.54% 7.87% 8.64% -12.60% 13.75% 10.76%
Quartile Ranking 4 1 2 2 1 2 1 4 1 4
Category Rank 352/ 361 40/ 405 213/ 465 211/ 525 41/ 587 275/ 637 68/ 667 591/ 689 129/ 719 713/ 754

Best Calendar Return (Last 10 years)

25.73% (2019)

Worst Calendar Return (Last 10 years)

-17.15% (2022)

Asset Allocation

Asset Allocation
Name Percent
International Equity 95.29
Cash and Equivalents 3.01
Income Trust Units 1.71

Sector Allocation

Sector Allocation
Name Percent
Technology 21.61
Healthcare 21.21
Industrial Goods 17.96
Consumer Goods 8.73
Consumer Services 7.73
Other 22.76

Geographic Allocation

Geographic Allocation
Name Percent
Europe 66.65
Asia 31.06
North America 2.30

Top Holdings

Top Holdings
Name Percent
Renaissance International Equity Fund Class O 99.84
Cash and Cash Equivalents 1.41
EUROPEAN CURRENCY UNIT 0.12
DANISH KRONER 0.02
BRITISH POUND 0.02
SWISS FRANC 0.01
NEW TAIWAN DOLLAR 0.01
SWEDISH KRONA 0.00
HONG KONG DOLLAR 0.00
SINGAPORE DOLLAR 0.00

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 Return8910111213141516171819200%5%10%15%20%25%30%

Renaissance International Equity Currency Neutral Fund Class A

Median

Other - International Equity

3 Yr Annualized

Standard Deviation 13.26% 13.11% 12.10%
Beta 0.95% 0.90% 0.83%
Alpha -0.09% -0.04% 0.00%
Rsquared 0.69% 0.73% 0.70%
Sharpe 0.25% 0.24% 0.39%
Sortino 0.54% 0.31% 0.41%
Treynor 0.04% 0.03% 0.06%
Tax Efficiency 88.92% 82.68% 88.37%
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 7 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 8.82% 13.26% 13.11% 12.10%
Beta 0.83% 0.95% 0.90% 0.83%
Alpha -0.20% -0.09% -0.04% 0.00%
Rsquared 0.60% 0.69% 0.73% 0.70%
Sharpe -1.13% 0.25% 0.24% 0.39%
Sortino -1.28% 0.54% 0.31% 0.41%
Treynor -0.12% 0.04% 0.03% 0.06%
Tax Efficiency - 88.92% 82.68% 88.37%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A11.611.629.229.20%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: A11.011.030.330.30%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: A18.218.240.840.80%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: A14.614.626.226.20%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.

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) $71

Fund Codes

FundServ Code Load Code Sales Status
ATL1240
ATL1241
ATL1242

Investment Objectives

To seek long-term capital growth primarily through exposure to an international equity fund that invests primarily in equity securities of foreign companies located in Europe, the Far East, and the Pacific Rim (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 International Equity 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 2.26%
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) -

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