Join Fund Library now and get free access to personalized features to help you manage your investments.

Renaissance Optimal Inflation Opportunities Portfolio Class A

Tactical Balanced

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(06-14-2024)
$11.77
Change
-$0.01 (-0.07%)

As at May 31, 2024

As at May 31, 2024

Period
Loading...

Legend

Renaissance Optimal Inflation Opportunities Portfolio Class A

Compare Options


Fund Returns

Inception Return (September 29, 2011): 3.48%

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 1.39% 3.71% 4.56% 3.76% 5.34% 2.72% 0.71% 2.48% 2.92% 2.41% 2.31% 2.56% 1.71% 2.39%
Benchmark 1.73% 1.94% 8.09% 5.92% 12.59% 9.18% 3.91% 4.98% 5.61% 5.55% 5.21% 6.18% 6.05% 6.97%
Category Average 2.21% 7.94% 7.94% 4.69% 10.63% 5.17% 2.44% 5.33% 4.64% 3.96% 3.59% 4.22% 3.47% 3.73%
Category Rank 291 / 360 65 / 358 304 / 358 206 / 358 324 / 356 297 / 356 282 / 342 298 / 334 256 / 324 260 / 301 237 / 285 231 / 264 174 / 193 140 / 154
Quartile Ranking 4 1 4 3 4 4 4 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund -0.54% 1.10% -1.23% -2.07% 0.82% 2.74% 0.78% -0.71% 0.77% 2.50% -0.22% 1.39%
Benchmark 0.46% 1.75% 0.57% -3.70% 0.21% 5.00% 2.05% 0.78% 3.10% 1.80% -1.57% 1.73%

Best Monthly Return Since Inception

9.19% (January 2015)

Worst Monthly Return Since Inception

-5.65% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 3.64% 1.75% 2.49% 4.44% -2.53% 6.74% 9.22% 0.22% -2.82% 1.47%
Benchmark 12.44% 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69%
Category Average 6.78% 0.31% 5.78% 6.18% -5.55% 12.58% 5.65% 9.53% -9.83% 8.35%
Quartile Ranking 4 3 4 3 2 4 1 4 1 4
Category Rank 124/ 126 107/ 166 176/ 210 197/ 274 103/ 296 300/ 312 70/ 332 312/ 336 20/ 355 345/ 356

Best Calendar Return (Last 10 years)

9.22% (2020)

Worst Calendar Return (Last 10 years)

-2.82% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Government Bonds 32.62
Cash and Equivalents 21.22
International Equity 19.58
Canadian Equity 10.55
Canadian Corporate Bonds 7.13
Other 8.90

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 41.72
Cash and Cash Equivalent 21.23
Basic Materials 10.58
Energy 6.05
Utilities 5.85
Other 14.57

Geographic Allocation

Geographic Allocation
Name Percent
North America 63.07
Asia 11.74
Africa and Middle East 9.36
Latin America 8.07
Europe 7.90
Other -0.14

Top Holdings

Top Holdings
Name Percent
United States Treasury 1.75% 15-Jan-2034 15.16
Renaissance Money Market Fund Class O 11.72
Renaissance Emerging Markets Fund Class A 10.82
Renaissance Global Infrastructure Fund Class O 10.01
CIBC Precious Metals Fund Class O 9.05
Renaissance Corporate Bond Fund Class O 8.14
Cash and Cash Equivalents 7.63
iShares JPMorgan USD EM Bond ETF (EMB) 7.07
South Africa Government 8.00% 31-Jan-2030 5.78
Brazil Government 10.00% 01-Jan-2027 4.54

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

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

Risk vs Return (3 Yr)

Renaissance Optimal Inflation Opportunities Portfolio Class A

Median

Other - Tactical Balanced

3 Yr Annualized

Standard Deviation 5.49% 6.54% 6.27%
Beta 0.47% 0.62% 0.59%
Alpha -0.01% 0.00% -0.02%
Rsquared 0.61% 0.58% 0.53%
Sharpe -0.37% 0.16% 0.18%
Sortino -0.54% 0.02% -0.11%
Treynor -0.04% 0.02% 0.02%
Tax Efficiency - 72.13% 68.61%
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 5.02% 5.49% 6.54% 6.27%
Beta 0.52% 0.47% 0.62% 0.59%
Alpha -0.01% -0.01% 0.00% -0.02%
Rsquared 0.63% 0.61% 0.58% 0.53%
Sharpe 0.10% -0.37% 0.16% 0.18%
Sortino 0.76% -0.54% 0.02% -0.11%
Treynor 0.01% -0.04% 0.02% 0.02%
Tax Efficiency 100.00% - 72.13% 68.61%

Fund Details

Start Date September 29, 2011
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $12

Fund Codes

FundServ Code Load Code Sales Status
ATL2452
ATL2453
ATL2454

Investment Objectives

To seek long-term capital appreciation by investing primarily in units of global and/or Canadian mutual funds and securities (including equity securities, fixed income securities, and permitted commodities), which are expected to benefit from or to provide a hedge against inflation. 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: may invest between 60% to 100% of its net assets in units of global and/or Canadian mutual funds which may be managed by us or our affiliates (the Underlying Funds). Investments in Underlying Funds may change from time to time and the Portfolio Advisor may add or remove Underlying Funds; invests in asset classes that have historically performed well in an inflationary environment.

Portfolio Manager(s)

Name Start Date
CIBC Asset Management Inc. 09-26-2011

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 2.21%
Management Fee 2.00%
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) -

Join Fund Library now and get free access to personalized features to help you manage your investments.