Renaissance U.S. Equity Income Fund [Class A]

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.

Additional Fund Information
Also available in Class F

Minimum Initial Investment:
Lump Sum
Initial: $500
Subsequent: $100

Distributions: The Fund expects to distribute net income quarterly. Distributions of net realized capital gains occur annually in December.
Pre-Authorized Chequing Investment: $50 minimum investment for monthly, quarterly, semi-annual or annual deposit.
Systematic Withdrawal Plan: With minimum initial account value of $10,000. Withdrawals may be made monthly, quarterly, semi-annually or annually. $50 minimum.
Annual Management Fee (excluding applicable taxes): 1.75%
Annualized Management Expense Ratio (including applicable taxes) as at Aug 31, 2023: 2.01%
ATL CodesFront-End Load
Back-End Load
Low Load
Class AATL2486--
Class-T4ATL1347--
Class-T6ATL1350--
Closed to all purchases
Class A**-ATL2488ATL2487
Class T4**-ATL1349ATL1348
Class T6**-ATL1352ATL1351
Inception DateSep 16, 2013
Fund CodeATL2486
Assets Under Management ($000)
As at : 02/29/2024
$1,377,977

Headquartered in Kansas City, Missouri, American Century Investments® is a leading privately-held investment management firm, committed to delivering superior investment performance and building long-term client relationships since 1958.

Phil Davidson, CFA

Phil Davidson oversees the teams that manage the company's value equity portfolios. He also is a member of the team of investment professionals that manages several strategies, including U.S. Value Yield, U.S. Value and U.S. Mid Cap Value. Prior to joining American Century in 1993, Mr. Davidson was vice president and equity portfolio manager for Boatmen's Trust Company in St. Louis. He has worked in the investment industry since 1980. Mr. Davidson earned a bachelor's degree in business administration and a master's degree in finance from Illinois State University. He is a CFA charterholder and a member of the CFA Institute.

Michael Liss, CFA, CPA

Michael Liss co-manages several strategies, including U.S. Value Yield, U.S. Value and U.S. Mid Cap Value. He has worked in the investment industry since joining American Century as an investment analyst in 1998. Prior to that, Mr. Liss was an investment intern at the Indiana University Foundation. He earned a bachelor's degree in business administration and finance from Albright College and a master's degree in finance from Indiana University. Mr. Liss is a CFA charterholder and a member of the CFA Institute.

Kevin Toney, CFA

Kevin Toney co-manages several strategies, including U.S. Value Yield, U.S. Value and U.S. Mid Cap Value. Before joining American Century in 1999, Mr. Toney was an associate at Toronto Dominion Securities. He has worked in the investment industry since 1993. He earned a bachelor's degree in commerce from the University of Virginia and a master's degree in business administration from The Wharton School of the University of Pennsylvania. He is a CFA charterholder and a member of the CFA Institute.

Style

The investment style box is a graphical depiction of the investing categories an investment manager will invest within.
Performance
3 mo6 moYTD1 yr3 yrs5 yrs10 yrsSince Inception
4.3%3.3%3.8%2.9%7.4%6.1%8.9%9.7%
3 mo
6 mo
YTD
1 yr
3 yrs
5 yrs
10 yrs
Since Inception
4.3%
3.3%
3.8%
2.9%
7.4%
6.1%
8.9%
9.7%

As at: 02/29/2024

Calendar Year Performance
2023202220212020201920182017201620152014
(0.2%)3.1%15.2%(2.2%)17.5%2.4%4.6%14.4%18.2%21.0%
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
(0.2%)
3.1%
15.2%
(2.2%)
17.5%
2.4%
4.6%
14.4%
18.2%
21.0%
Investment Performance

Value of $10,000 invested since inception

The rate of return or mathematical table shown is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the fund or returns on investment in the fund.

†Please refer to the Annual/Interim Management Reports of Fund Performance for further details.

**Effective May 13, 2022, all deferred sales charge (referred to as DSC) purchase options (i.e. back-end load and low-load options) are closed to new purchases, including purchases through pre-authorized chequing plans. Switches to units of another Fund managed by CIBC Asset Management Inc. under the same DSC purchase option will continue to be available.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the Renaissance Investments family of funds simplified prospectus before investing. The indicated rates of return are the historical annual compounded total returns for the class A units including changes in unit value and reinvestment of all distributions, but do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. Mutual funds are not guaranteed. The values of many mutual funds change frequently. Past performance may not be repeated.