Renaissance Optimal Income Portfolio [Class A]

Renaissance Optimal Income Portfolio seeks to generate income by investing primarily in units of Canadian and global mutual funds.

Additional Fund Information

Also available in Class F

Minimum Initial Investment:
Lump Sum
(Class A) Initial: $500
Subsequent: $100

Distributions: The Fund aims to distribute a consistent amount every month ($0.035 per unit). If the amount distributed exceeds the Fund's net income and net realized capital gains, such excess will constitute a return of capital. The amount of distribution is not guaranteed and may change from time to time.
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: 1.96%
ATL CodesFront-End Load
Back-End Load
Low Load
Class AATL048--
Class-T6ATL053--
Closed to all purchases
Class-T8*ATL056ATL058ATL057
Select Class*ATL2401ATL2403ATL2402
Select-T6*ATL2407ATL2409ATL2408
Select-T8*ATL2413ATL2415ATL2414
Elite Class*ATL2404ATL2406ATL2405
Elite-T6*ATL2410ATL2412ATL2411
Elite-T8*ATL2416ATL2418ATL2417
Class A**-ATL050ATL049
Class T6**-ATL055ATL054
Inception DateNov 13, 2007
Fund CodeATL050
Assets Under Management ($000)
As at : 10/31/2024
$1,242,705
Logo of American Century Investment Management, Inc.

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.

Logo of Ares Management LLC

Ares Capital Management, an affiliate of Ares Management Corporation (“Ares”), serves as an investment advisor to ASIF. Ares is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes. As of September 30, 2023, Ares’ global platform had approximately $395 billion of assets under management, with approximately 2,800 employees4 operating across North America, Europe, Asia Pacific and the Middle East.

Logo of Brandywine Global Investment Management, LLC

Brandywine Global Investment Management, LLC (Brandywine) is a Specialist Investment Manager of Franklin Resources, Inc. Acting with conviction and discipline, Brandywine Global looks beyond short-term, conventional thinking to rigorously pursue long-term value. Since 1986, the firm has provided a range of differentiated fixed income, equity, and alternative solutions to both institutional and retail clients. The Global Fixed Income team manages an extensive suite of active, value-based global bond strategies.

Logo of CIBC Asset Management

CIBC Asset Management is one of Canada's largest asset management firms and provides a broad range of high-quality global investment management solutions to retail and institutional clients.

Logo of CIBC Private Wealth

CIBC Private Wealth Advisors, Inc. (formerly, CIBC Atlantic Trust Private Wealth Management) delivers personalized, integrated and objective wealth management solutions for affluent individuals and multi-generational families, as well as foundations and endowments. Across the U.S., our experienced professionals strive to provide the highest-quality client service with strong investment performance and a fiduciary mindset.

Logo of Maple-Brown Abbott Ltd

Maple-Brown Abbott Ltd is a privately owned investment management company based in Sydney, Australia. The company specializes in the management of investment portfolios consisting of global listed infrastructure securities, Australian equities and Asia-Pacific (ex-Japan) equities. The firm also manages multi-asset portfolios that have exposure to Australian and international equities, Australian fixed income, real estate investment trusts (REITs), alternative assets and cash.

Established in 1984, the firm’s aim is to achieve attractive long-term returns for clients. The company places significant emphasis on its flexible decision making and the strong alignment of its interests with its clients’ interests—hallmarks of its history as a boutique firm.

Logo of Walter Scott & Partners Ltd

Walter Scott & Partners Ltd is an Edinburgh, Scotland-based global investment manager and has been managing global investment portfolios on behalf of private investors and institutions since 1983.

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
1.9%7.4%7.6%15.2%2.1%2.9%3.1%3.8%
3 mo
6 mo
YTD
1 yr
3 yrs
5 yrs
10 yrs
Since Inception
1.9%
7.4%
7.6%
15.2%
2.1%
2.9%
3.1%
3.8%

As at: 10/31/2024

Calendar Year Performance
2023202220212020201920182017201620152014
6.6%(9.1%)5.2%4.00%11.2%(4.2%)3.4%6.2%1.0%8.5%
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
6.6%
(9.1%)
5.2%
4.00%
11.2%
(4.2%)
3.4%
6.2%
1.0%
8.5%
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.

*On July 21, 2017 CIBC Asset Management Inc. (CAM) announced changes to its product lineup. Certain classes were closed to all investors at end of business day July 21, 2017 and are subsequently being terminated on or about October 13, 2017. Additional classes were also closed to all investors effective end of business day September 1, 2017. For more information click here

**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.

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

The Fund aims to distribute a consistent amount every month. If the amount distributed exceeds the Fund's net income and net realized capital gains, such excess will constitute a return of capital. The amount of distribution is not guaranteed and may change from time to time.

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.