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Renaissance Optimal Conservative Income Portfolio Class A

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Canadian Fix Inc Balanced

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

NAVPS
(02-11-2025) 		$10.74
Change
-$0.01 (-0.12%)

As at January 31, 2025

As at January 31, 2025

Period
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Legend

Renaissance Optimal Conservative Income Portfolio Class A

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Fund Returns

Inception Return (September 16, 2013): 2.94%

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 1.42% 1.89% 3.49% 1.42% 7.90% 5.00% 1.69% 1.15% 1.44% 2.52% 2.35% 2.19% 2.46% 1.99%
Benchmark 1.71% 3.22% 5.55% 1.71% 11.17% 6.90% 3.08% 2.90% 3.19% 4.38% 4.16% 4.04% 4.27% 3.53%
Category Average 1.87% 3.07% 4.83% 1.87% 10.80% 6.93% 2.95% 2.78% 2.97% 3.85% 3.34% 3.40% 3.56% 2.94%
Category Rank 371 / 411 400 / 411 386 / 409 371 / 411 393 / 409 396 / 405 347 / 387 329 / 365 324 / 342 305 / 325 252 / 289 260 / 275 239 / 256 227 / 242
Quartile Ranking 4 4 4 4 4 4 4 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
Fund 0.13% 0.97% -1.58% 1.65% 0.35% 2.72% 0.69% 1.67% -0.78% 1.58% -1.10% 1.42%
Benchmark 0.16% 1.39% -1.91% 0.69% 1.88% 3.07% 0.70% 2.15% -0.59% 2.72% -1.20% 1.71%

Best Monthly Return Since Inception

4.05% (January 2015)

Worst Monthly Return Since Inception

-6.04% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 2.11% 4.56% 1.77% -1.79% 8.19% 5.67% 1.09% -9.39% 5.93% 5.55%
Benchmark 0.56% 6.19% 4.30% -1.25% 10.87% 8.35% 3.73% -9.93% 7.79% 8.33%
Category Average 1.24% 4.06% 3.92% -2.19% 9.07% 6.42% 3.91% -9.95% 7.21% 8.35%
Quartile Ranking 3 2 4 3 4 4 4 2 4 4
Category Rank 148/ 242 124/ 252 267/ 275 153/ 288 243/ 312 256/ 341 334/ 364 152/ 380 358/ 404 398/ 408

Best Calendar Return (Last 10 years)

8.19% (2019)

Worst Calendar Return (Last 10 years)

-9.39% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 25.23
Canadian Government Bonds 24.37
Foreign Corporate Bonds 14.30
Foreign Government Bonds 7.25
Canadian Equity 6.51
Other 22.34

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 74.61
Cash and Cash Equivalent 5.24
Financial Services 3.84
Utilities 3.82
Energy 2.10
Other 10.39

Geographic Allocation

Geographic Allocation
Name Percent
North America 88.58
Europe 8.48
Asia 1.68
Latin America 0.97
Africa and Middle East 0.10
Other 0.19

Top Holdings

Top Holdings
Name Percent
Renaissance Canadian Bond Fund Class O 41.07
Renaissance Short-Term Income Fund Class A 15.47
CIBC Global Bond Private Pool O 10.96
Renaissance High-Yield Bond Fund Class O 7.97
Renaissance Canadian Dividend Fund Class O 7.44
Renaissance Global Infrastructure Fund Class O 6.08
Renaissance U.S. Equity Income Fund O 4.01
Renaissance Floating Rate Income Fund A 3.98
Renaissance International Dividend Fund Class O 2.52
Cash and Cash Equivalents 0.50

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 Conservative Income Portfolio Class A

Median

Other - Canadian Fix Inc Balanced

3 Yr Annualized

Standard Deviation 6.58% 6.52% 5.11%
Beta 0.82% 0.83% 0.83%
Alpha -0.01% -0.01% -0.01%
Rsquared 0.96% 0.96% 0.94%
Sharpe -0.28% -0.11% 0.09%
Sortino -0.24% -0.28% -0.24%
Treynor -0.02% -0.01% 0.01%
Tax Efficiency 46.05% 46.20% 56.96%
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 1 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 4.47% 6.58% 6.52% 5.11%
Beta 0.76% 0.82% 0.83% 0.83%
Alpha 0.00% -0.01% -0.01% -0.01%
Rsquared 0.84% 0.96% 0.96% 0.94%
Sharpe 0.78% -0.28% -0.11% 0.09%
Sortino 1.89% -0.24% -0.28% -0.24%
Treynor 0.05% -0.02% -0.01% 0.01%
Tax Efficiency 86.87% 46.05% 46.20% 56.96%

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 Monthly
Assets ($mil) $49

Fund Codes

FundServ Code Load Code Sales Status
ATL2910
ATL2911
ATL2912

Investment Objectives

To generate a high level of income with some potential for capital appreciation by investing primarily in units of Canadian and global mutual funds. 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 primarily in units of mutual funds managed by us or our affiliates (the Underlying Funds); has, under normal market conditions, a long-term strategic asset mix of fixed income (65-95%) and equities (5-35%). The Portfolio Advisor may review and adjust the asset mix, in its sole discretion, depending on economic conditions and relative value of income and equity securities.

Portfolio Manager(s)

Name Start Date
CIBC Asset Management Inc. 09-16-2013

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 1.63%
Management Fee 1.50%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.75%
Trailer Fee Max (DSC) 0.75%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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