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Renaissance U.S. Equity Income Fund Class A

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U.S. Div & Inc Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade A

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2017, 2016

Click for more information on Fundata’s FundGrade

NAVPS
(05-16-2025) 		$19.64
Change
$0.17 (0.86%)

As at April 30, 2025

As at April 30, 2025

As at April 30, 2025

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

Legend

Renaissance U.S. Equity Income Fund Class A

Compare Options

Fund Returns

Inception Return (September 16, 2013): 9.51%

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 -7.94% -8.54% -3.83% -4.38% 6.47% 5.26% 5.75% 6.44% 7.46% 5.51% 6.93% 5.73% 7.59% 7.91%
Benchmark -4.57% -11.79% -2.47% -8.73% 12.63% 18.27% 15.08% 12.30% 15.44% 13.55% 14.27% 13.26% 14.84% 13.85%
Category Average -4.77% -8.70% -2.93% -5.04% 8.60% - - - - - - - - -
Category Rank 204 / 220 82 / 220 141 / 213 84 / 219 158 / 211 179 / 196 169 / 193 154 / 189 184 / 187 172 / 182 145 / 168 137 / 141 105 / 119 91 / 104
Quartile Ranking 4 2 3 2 3 4 4 4 4 4 4 4 4 4

Monthly Return

Created with Highcharts 10.3.3-10%-5%0%5%10%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 0.84% -0.59% 6.10% 1.07% 1.06% 1.92% 4.26% -3.53% 4.55% 1.51% -2.13% -7.94%
Benchmark 4.13% 3.97% 2.12% 0.07% 2.23% 2.12% 6.59% 0.26% 3.46% -1.62% -6.04% -4.57%

Best Monthly Return Since Inception

7.90% (January 2015)

Worst Monthly Return Since Inception

-8.28% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%40%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 18.19% 14.43% 4.55% 2.39% 17.50% -2.24% 15.22% 3.06% -0.24% 18.40%
Benchmark 20.77% 8.65% 13.80% 3.98% 25.18% 16.07% 28.16% -12.52% 23.32% 36.01%
Category Average - - - - - - - - - -
Quartile Ranking 1 2 4 2 4 4 4 1 4 4
Category Rank 11/ 99 40/ 115 105/ 138 53/ 166 140/ 181 169/ 187 189/ 189 13/ 192 190/ 193 168/ 206

Best Calendar Return (Last 10 years)

18.40% (2024)

Worst Calendar Return (Last 10 years)

-2.24% (2020)

Asset Allocation

Asset Allocation
Name Percent
US Equity 68.96
International Equity 13.71
Foreign Corporate Bonds 11.08
Cash and Equivalents 4.55
Canadian Equity 1.10
Other 0.60

Sector Allocation

Sector Allocation
Name Percent
Healthcare 15.74
Financial Services 14.52
Consumer Goods 12.81
Fixed Income 11.08
Energy 7.29
Other 38.56

Geographic Allocation

Geographic Allocation
Name Percent
North America 86.21
Europe 13.74
Latin America 0.01
Other 0.04

Top Holdings

Top Holdings
Name Percent
Johnson & Johnson 4.68
ONEOK Inc 3.13
Medtronic PLC 3.04
Becton Dickinson and Co 3.03
iShares Russell 1000 Value ETF (IWD) 3.00
JPMorgan Chase & Co 2.88
Norfolk Southern Corp 2.65
Kenvue Inc 2.38
Cash and Cash Equivalents 2.28
Exxon Mobil Corp 2.19

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 Return11121314151617-5%0%5%10%15%20%

Renaissance U.S. Equity Income Fund Class A

Median

Other - U.S. Div & Inc Equity

3 Yr Annualized

Standard Deviation 10.54% 9.60% 10.09%
Beta 0.56% 0.53% 0.65%
Alpha -0.02% -0.01% -0.01%
Rsquared 0.54% 0.55% 0.69%
Sharpe 0.21% 0.55% 0.64%
Sortino 0.44% 0.77% 0.78%
Treynor 0.04% 0.10% 0.10%
Tax Efficiency 77.49% 88.57% 83.77%
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 5 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 13.26% 10.54% 9.60% 10.09%
Beta 0.69% 0.56% 0.53% 0.65%
Alpha -0.02% -0.02% -0.01% -0.01%
Rsquared 0.44% 0.54% 0.55% 0.69%
Sharpe 0.26% 0.21% 0.55% 0.64%
Sortino 0.44% 0.44% 0.77% 0.78%
Treynor 0.05% 0.04% 0.10% 0.10%
Tax Efficiency 85.73% 77.49% 88.57% 83.77%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A90.4​90.489.8​89.80%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: A84.3​84.386.6​86.60%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: A87.3​87.385.5​85.50%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: A92.9​92.990.8​90.80%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 September 16, 2013
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $1,435

Fund Codes

FundServ Code Load Code Sales Status
ATL2486
ATL2487
ATL2488

Investment Objectives

To seek current income and long-term capital growth by investing primarily in a diversified portfolio of equity securities of companies located in the United States. 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: seeks to invest primarily in common shares of companies located in the United States with a favourable income-paying history and that have prospects for income payments to continue or increase, but may also invest in securities of companies located in the United States that can be converted into common shares; seeks also to invest in companies that the portfolio sub-advisor believes are undervalued and have the potential for an increase in price.

Portfolio Management

Portfolio Manager

CIBC Asset Management Inc.
Sub-Advisor

American Century Investment Management Inc.

  • Phil Davidson

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 2.01%
Management Fee 1.75%
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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