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Canadian Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(04-11-2024)
$52.81
Change
-$0.17 (-0.31%)

As at March 31, 2024

As at March 31, 2024

As at February 29, 2024

Period
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Legend

Renaissance Canadian Growth Fund Class A

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Fund Returns

Inception Return (October 30, 1985): 5.51%

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 3.26% 1.06% -3.78% 7.32% 13.98% 2.25% 7.38% 17.27% 9.55% 8.20% 7.10% 8.09% 5.88% 5.50%
Benchmark 4.14% 6.62% 15.26% 6.62% 13.96% 3.95% 9.11% 16.99% 9.96% 9.65% 8.48% 9.70% 7.76% 7.67%
Category Average 2.98% 13.93% 13.93% 6.16% 12.04% 3.60% 8.38% 15.41% 8.69% 8.07% 6.99% 7.91% 6.36% 6.41%
Category Rank 310 / 724 123 / 723 131 / 713 123 / 723 228 / 700 531 / 670 464 / 597 154 / 556 219 / 538 290 / 473 275 / 447 245 / 398 284 / 364 290 / 331
Quartile Ranking 2 1 1 1 2 4 4 2 2 3 3 3 4 4

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 2.26% -3.66% 3.05% 1.88% -1.27% -3.81% -3.78% 7.81% 4.24% 1.06% 2.84% 3.26%
Benchmark 2.90% -4.95% 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14%

Best Monthly Return Since Inception

14.58% (April 2020)

Worst Monthly Return Since Inception

-21.53% (October 1987)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 5.04% -9.82% 16.01% 5.63% -11.85% 20.10% 12.44% 21.99% -8.52% 8.64%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 9.54% -6.15% 16.46% 6.89% -9.47% 19.21% 3.42% 23.26% -4.82% 9.85%
Quartile Ranking 4 4 3 3 4 3 1 3 4 3
Category Rank 304/ 329 335/ 361 217/ 388 319/ 444 382/ 470 294/ 517 34/ 553 404/ 588 548/ 655 511/ 693

Best Calendar Return (Last 10 years)

21.99% (2021)

Worst Calendar Return (Last 10 years)

-11.85% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 83.72
US Equity 9.44
Income Trust Units 3.91
International Equity 1.71
Cash and Equivalents 1.23
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Financial Services 32.54
Energy 14.80
Technology 14.27
Industrial Services 12.45
Basic Materials 8.20
Other 17.74

Geographic Allocation

Geographic Allocation
Name Percent
North America 95.30
Latin America 2.98
Europe 1.55
Asia 0.17

Top Holdings

Top Holdings
Name Percent
Royal Bank of Canada 6.24
Bank of Montreal 4.37
Canadian Natural Resources Ltd 3.87
Canadian Pacific Kansas City Ltd 3.69
Brookfield Corp Cl A 3.61
Shopify Inc Cl A 3.47
Enbridge Inc 3.31
Toronto-Dominion Bank 3.05
Manulife Financial Corp 3.02
Fairfax Financial Holdings Ltd 3.02

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)

Renaissance Canadian Growth Fund Class A

Median

Other - Canadian Equity

3 Yr Annualized

Standard Deviation 13.34% 16.49% 13.43%
Beta 0.99% 1.04% 1.04%
Alpha -0.01% -0.01% -0.02%
Rsquared 0.97% 0.97% 0.96%
Sharpe 0.40% 0.52% 0.36%
Sortino 0.55% 0.65% 0.34%
Treynor 0.05% 0.08% 0.05%
Tax Efficiency 94.10% 94.55% 95.21%
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 7 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 12.56% 13.34% 16.49% 13.43%
Beta 0.96% 0.99% 1.04% 1.04%
Alpha 0.01% -0.01% -0.01% -0.02%
Rsquared 0.96% 0.97% 0.97% 0.96%
Sharpe 0.73% 0.40% 0.52% 0.36%
Sortino 1.53% 0.55% 0.65% 0.34%
Treynor 0.09% 0.05% 0.08% 0.05%
Tax Efficiency 97.02% 94.10% 94.55% 95.21%

Fundata ESG Metrics

Fundata ESG Score

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

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

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

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 30, 1985
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $1,411

Fund Codes

FundServ Code Load Code Sales Status
ATL669
ATL843
ATL902

Investment Objectives

The Fund's investment objective is to achieve long-term investment returns through capital growth, primarily in equity securities of large to medium-sized Canadian issuers.

Investment Strategy

To achieve its investment objectives, the Fund: invests primarily in issuers listed on Canadian exchanges and may also invest in securities of issuers located in other countries. Issuers will typically have an established record of earnings, financial strength, good management, and above-average relative growth potential, and will typically have a market capitalization of more than $1 billion.

Portfolio Manager(s)

Name Start Date
CIBC Asset Management Inc. 09-17-2008

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 1.93%
Management Fee 1.55%
Load Front Fee Only
FE Max 1.00%
DSC Max -
LL Max 1.00%
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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