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Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (07-31-2025) |
$13.68 |
|---|---|
| Change |
-$0.04
(-0.26%)
|
As at June 30, 2025
As at June 30, 2025
Inception Return (September 16, 2013): 5.23%
| 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 | 1.27% | 1.68% | 3.16% | 3.16% | 10.48% | 9.09% | 8.42% | 4.17% | 5.81% | 4.51% | 4.55% | 4.13% | 4.51% | 4.49% |
| Benchmark | 2.53% | 2.76% | 3.35% | 3.35% | 12.62% | 13.35% | 12.58% | 5.72% | 6.67% | 6.88% | 6.64% | 6.83% | 7.12% | 7.01% |
| Category Average | 1.87% | 2.93% | 3.65% | 3.65% | 10.26% | 10.24% | 9.45% | 4.13% | 6.33% | 5.50% | 5.32% | 5.21% | 5.52% | 4.98% |
| Category Rank | 1,508 / 1,785 | 1,347 / 1,739 | 1,060 / 1,737 | 1,060 / 1,737 | 915 / 1,718 | 1,291 / 1,650 | 1,265 / 1,590 | 884 / 1,446 | 854 / 1,320 | 1,024 / 1,263 | 874 / 1,137 | 846 / 1,014 | 742 / 918 | 559 / 798 |
| Quartile Ranking | 4 | 4 | 3 | 3 | 3 | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 4 | 3 |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.70% | 0.72% | 1.87% | -0.30% | 2.66% | -1.65% | 2.57% | 0.30% | -1.38% | -1.38% | 1.81% | 1.27% |
| Benchmark | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% | -2.06% | -2.19% | 2.47% | 2.53% |
5.77% (April 2020)
-9.92% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.73% | 8.82% | 3.89% | -4.56% | 13.72% | 2.46% | 9.18% | -8.78% | 7.46% | 11.32% |
| Benchmark | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% |
| Category Average | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% |
| Quartile Ranking | 4 | 1 | 4 | 4 | 2 | 4 | 2 | 2 | 4 | 4 |
| Category Rank | 593/ 762 | 87/ 869 | 873/ 948 | 851/ 1,087 | 448/ 1,204 | 1,214/ 1,294 | 677/ 1,380 | 425/ 1,522 | 1,343/ 1,629 | 1,281/ 1,682 |
13.72% (2019)
-8.78% (2022)
| Name | Percent |
|---|---|
| US Equity | 21.09 |
| International Equity | 20.05 |
| Canadian Equity | 15.80 |
| Canadian Government Bonds | 13.68 |
| Foreign Corporate Bonds | 10.30 |
| Other | 19.08 |
| Name | Percent |
|---|---|
| Fixed Income | 37.81 |
| Financial Services | 11.27 |
| Utilities | 8.46 |
| Technology | 7.58 |
| Industrial Services | 5.22 |
| Other | 29.66 |
| Name | Percent |
|---|---|
| North America | 76.98 |
| Europe | 18.13 |
| Asia | 4.19 |
| Latin America | 0.59 |
| Multi-National | 0.07 |
| Other | 0.04 |
| Name | Percent |
|---|---|
| Renaissance Canadian Bond Fund Class O | 20.02 |
| Renaissance Global Infrastructure Fund Class O | 12.08 |
| Renaissance U.S. Equity Growth Fund Class A | 10.09 |
| Renaissance Canadian Dividend Fund Class O | 10.06 |
| Renaissance High-Yield Bond Fund Class O | 6.04 |
| Renaissance U.S. Equity Income Fund O | 6.01 |
| Renaissance International Dividend Fund Class O | 5.98 |
| Renaissance Short-Term Income Fund Class A | 5.43 |
| Renaissance Canadian Growth Fund Class O | 5.10 |
| Renaissance International Equity Fund Class O | 4.99 |
Renaissance Optimal Growth & Income Portfolio Class A
Median
Other - Global Neutral Balanced
| Standard Deviation | 8.04% | 7.95% | 7.66% |
|---|---|---|---|
| Beta | 0.97% | 0.90% | 0.86% |
| Alpha | -0.03% | 0.00% | -0.01% |
| Rsquared | 0.89% | 0.84% | 0.70% |
| Sharpe | 0.55% | 0.44% | 0.39% |
| Sortino | 1.15% | 0.58% | 0.31% |
| Treynor | 0.05% | 0.04% | 0.03% |
| Tax Efficiency | 90.80% | 87.68% | 80.85% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.12% | 8.04% | 7.95% | 7.66% |
| Beta | 0.83% | 0.97% | 0.90% | 0.86% |
| Alpha | 0.00% | -0.03% | 0.00% | -0.01% |
| Rsquared | 0.81% | 0.89% | 0.84% | 0.70% |
| Sharpe | 1.11% | 0.55% | 0.44% | 0.39% |
| Sortino | 2.36% | 1.15% | 0.58% | 0.31% |
| Treynor | 0.08% | 0.05% | 0.04% | 0.03% |
| Tax Efficiency | 94.32% | 90.80% | 87.68% | 80.85% |
| 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) | $293 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| ATL2939 | ||
| ATL2940 | ||
| ATL2941 |
To provide long-term growth and income 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.
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 (25-55%) and equities (45-75%). 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 |
CIBC Asset Management Inc. |
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
CIBC Asset Management Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
CIBC Asset Management Inc. |
| Distributor |
- |
| 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 |
| MER | 2.01% |
|---|---|
| Management Fee | 1.80% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | 1.10% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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