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Renaissance Canadian Dividend Fund Class A

Canadian 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 GradeB Click for more information on Fundata’s ESG Grade

Fundata ESG Grade B

Click for more information on Fundata’s ESG Grade.

NAVPS
(01-22-2025)
$18.70
Change
$0.01 (0.05%)

As at December 31, 2024

As at December 31, 2024

As at December 31, 2024

Period

Chart

Combination chart with 2 data series.
The chart has 2 X axes displaying Time and navigator-x-axis.
The chart has 2 Y axes displaying values and navigator-y-axis.
End of interactive chart.

Legend

Renaissance Canadian Dividend Fund Class A

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Fund Returns

Inception Return (November 08, 2002): 6.48%

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 -2.44% 2.74% 12.89% 19.56% 19.56% 12.19% 6.31% 10.22% 8.97% 10.48% 6.66% 6.24% 7.16% 5.72%
Benchmark -3.27% 3.76% 14.71% 21.65% 21.65% 16.60% 8.58% 12.49% 11.08% 12.96% 9.55% 9.49% 10.72% 8.65%
Category Average -2.97% 0.95% 11.17% 15.52% 15.52% 11.27% 6.03% 10.79% 8.29% 9.91% 7.20% 7.20% 8.30% 6.75%
Category Rank 118 / 475 107 / 473 122 / 471 81 / 462 81 / 462 218 / 452 255 / 440 314 / 416 201 / 408 214 / 394 293 / 372 301 / 347 266 / 316 237 / 280
Quartile Ranking 1 1 2 1 1 2 3 4 2 3 4 4 4 4

Monthly Return

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -3.2739 to 6.3704.
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Monthly Return
Return % Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Fund -0.14% 2.45% 4.32% -2.56% 3.36% -1.47% 5.83% 0.95% 2.85% 0.88% 4.38% -2.44%
Benchmark 0.55% 1.82% 4.14% -1.82% 2.77% -1.42% 5.87% 1.22% 3.15% 0.85% 6.37% -3.27%

Best Monthly Return Since Inception

10.78% (November 2020)

Worst Monthly Return Since Inception

-16.17% (March 2020)

Calendar Return (%)

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -13.633998 to 25.091046.
End of interactive chart.
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -6.45% 14.84% 3.36% -13.63% 18.35% 4.09% 22.85% -4.55% 5.27% 19.56%
Benchmark -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65%
Category Average -6.21% 17.48% 7.25% -7.75% 18.42% -1.18% 26.41% -3.72% 7.17% 15.52%
Quartile Ranking 3 3 4 4 3 1 4 3 4 1
Category Rank 192/ 280 221/ 316 288/ 347 359/ 372 224/ 394 53/ 408 375/ 416 302/ 440 401/ 452 81/ 462

Best Calendar Return (Last 10 years)

22.85% (2021)

Worst Calendar Return (Last 10 years)

-13.63% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 86.21
US Equity 5.92
Income Trust Units 5.59
Cash and Equivalents 2.29
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Financial Services 38.65
Energy 18.84
Basic Materials 7.35
Industrial Services 7.18
Real Estate 6.08
Other 21.90

Geographic Allocation

Geographic Allocation
Name Percent
North America 98.37
Latin America 1.63

Top Holdings

Top Holdings
Name Percent
Royal Bank of Canada 7.05
Enbridge Inc 5.47
Bank of Montreal 5.35
Canadian Imperial Bank of Commerce 5.02
Manulife Financial Corp 4.41
Canadian Natural Resources Ltd 4.32
WSP Global Inc 3.88
Suncor Energy Inc 3.16
Toronto-Dominion Bank 3.13
Fairfax Financial Holdings Ltd 2.73

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)

Chart

Scatter chart with 3 data series.
The chart has 1 X axis displaying Risk (Annualized Standard Deviation). Data ranges from 9.5266 to 21.8202.
The chart has 1 Y axis displaying Return. Data ranges from -5.49121 to 15.040646.
End of interactive chart.

Renaissance Canadian Dividend Fund Class A

Median

Other - Canadian Div & Inc Equity

3 Yr Annualized

Standard Deviation 13.65% 15.31% 12.40%
Beta 0.96% 0.94% 0.94%
Alpha -0.02% -0.01% -0.02%
Rsquared 0.95% 0.96% 0.94%
Sharpe 0.25% 0.49% 0.38%
Sortino 0.42% 0.62% 0.38%
Treynor 0.04% 0.08% 0.05%
Tax Efficiency 80.46% 86.04% 77.45%
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 7 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 9.65% 13.65% 15.31% 12.40%
Beta 0.91% 0.96% 0.94% 0.94%
Alpha 0.00% -0.02% -0.01% -0.02%
Rsquared 0.94% 0.95% 0.96% 0.94%
Sharpe 1.45% 0.25% 0.49% 0.38%
Sortino 3.61% 0.42% 0.62% 0.38%
Treynor 0.16% 0.04% 0.08% 0.05%
Tax Efficiency 94.87% 80.46% 86.04% 77.45%

Fundata ESG Metrics

Fundata ESG Score

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Bar chart with 2 data series.
The chart has 1 X axis displaying values. Data ranges from -0.5 to 0.5.
The chart has 1 Y axis displaying values. Data ranges from 72.671573 to 87.913804.
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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

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying values. Data ranges from -0.5 to 0.5.
The chart has 1 Y axis displaying values. Data ranges from 74.309542 to 83.79138.
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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

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying values. Data ranges from -0.5 to 0.5.
The chart has 1 Y axis displaying values. Data ranges from 67.37763 to 80.480949.
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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

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying values. Data ranges from -0.5 to 0.5.
The chart has 1 Y axis displaying values. Data ranges from 72.23698 to 92.816989.
End of interactive chart.

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.

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Fund Details

Start Date November 08, 2002
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $353

Fund Codes

FundServ Code Load Code Sales Status
ATL211
ATL266
ATL294

Investment Objectives

The Fund's investment objective is to generate a high level of income and long-term capital growth by investing primarily in income producing securities including common shares, preferred shares, income trusts, and fixed income securities. 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 securities, which can provide a long-term consistent income stream and capital growth, and selects securities based on the outlook for market conditions, and uses fundamental analysis to determine the best potential investment for the portfolio; may invest in securities of foreign issuers to an extent that will vary from time to time but is not generally expected to exceed 30% of the Fund’s NAV.

Portfolio Manager(s)

Name Start Date
Domenic Monteferrante 12-16-2020

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 2.06%
Management Fee 1.70%
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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