Load Funds - Renaissance Investments | Renaissance Investments

As a result of the recent Canada Post service disruption, the mail you receive from Renaissance Investments^® will be delayed as service returns to normal. For more information or support, please contact a Client Service Representative at 1 888 888-3863.

Load funds have a sales charge, commonly referred to as a commission.

This commission is either a front-end sales charge (a fee charged when mutual fund units are bought) or a deferred sales charge (a fee charged when mutual fund units are sold).

If an investor chooses the front-end sales charge, they negotiate a commission with their dealer that ranges from 0% to 5%. This charge is deducted as a percentage of an investor’s total purchase.

If an investor chooses a deferred sales charge option, the mutual fund company that manages and administers the funds deducts what is called a deferred sales charge from the value of units sold if they are sold within a certain number of years (which varies according to the fund type and company). As a result, investors do not pay any commission under this option when they buy the fund. The deferred sales charge is based on the market value of the units and decreases with each year.

Renaissance Investments offers a complete family of load funds to meet the ever-evolving needs of today's investors.

^®Renaissance Investments, ^®Axiom and ^®Axiom Portfolios are registered trademarks of CIBC Asset Management Inc

Renaissance Investments family of funds: the Axiom Portfolios, the CIBC Private Pools, the CIBC Fixed Income Pools, the CIBC Fixed Income Funds, the CIBC Alternative Funds and the CIBC ETFs are managed by CIBC Asset Management Inc., a subsidiary of Canadian Imperial Bank of Commerce.

The material and/or its contents may not be reproduced without the express written consent of CIBC Asset Management Inc.