Renaissance Optimal Conservative Income Portfolio [Class A]

To generate a high level of income with some potential for capital appreciation by investing primarily in units of Canadian and global mutual funds.

Also available in Class F

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

Distributions: This Fund expects to distribute net income monthly. 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): 1.50%
Annualized Management Expense Ratio (including applicable taxes) as at Aug 31, 2023: 1.63%
ATL CodesFront-End Load
Back-End Load
Low Load
Class AATL2910--
Class-T4ATL2915--
Class-T6ATL2918--
Closed to all purchases
Select Class*ATL2921ATL2923ATL2922
Elite Class*ATL2930ATL2932ATL2931
Class A**-ATL2912ATL2911
Class T4**-ATL2917ATL2916
Class T6**-ATL2920ATL2919
Inception DateSep 16, 2013
Fund CodeATL2910
Assets Under Management ($000)
As at : 06/28/2024
$52,808

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.

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.

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.

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.

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.

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
0.4%0.7%0.7%4.3%(0.7%)0.9%1.9%2.5%
3 mo
6 mo
YTD
1 yr
3 yrs
5 yrs
10 yrs
Since Inception
0.4%
0.7%
0.7%
4.3%
(0.7%)
0.9%
1.9%
2.5%

As at: 06/28/2024

Calendar Year Performance
2023202220212020201920182017201620152014
5.9%(9.4%)1.1%5.70%8.2%(1.8%)1.8%4.6%2.1%7.0%
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
5.9%
(9.4%)
1.1%
5.70%
8.2%
(1.8%)
1.8%
4.6%
2.1%
7.0%
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.

*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

†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.