Renaissance Global Small-Cap Fund [Class F]
To seek long-term growth through capital appreciation consistent with preservation of capital through investment primarily in the common shares of smaller, less established companies in developed markets around the world. The Fund may also invest in smaller, less established companies in less developed markets around the world, and may invest in companies that are suppliers or clients of smaller companies.
Minimum Initial Investment:
Lump Sum
Initial: $500
Subsequent: $100
| Inception Date | Jan 31, 2001 |
|---|---|
| Fund Code | ATL1626 |
| Assets Under Management ($000) As at : 11/29/2024 | $747,240 |
Wasatch Global Investors is a 100% employee owned, investment manager founded in 1975 and headquartered in Salt Lake City, Utah. Named after the nearby Wasatch Mountain Range, the firm brings unparalleled experience to U.S. and international micro, small, and mid-cap investing with a culture that emphasizes collaboration, excellence and intellectual curiosity. Wasatch had $18.5 billion in assets under management as of June 30, 2019. Wasatch Global Investors is registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940.
Ajay Krishnan
Portfolio manager
Mr. Krishnan joined Wasatch Global Investors in 1994 and serves on the Board of Directors. He is also a Portfolio Manager, the head of emerging markets investing and a member of the global research team.
Mr. Krishnan earned a Master of Business Administration from Utah State University, where he also worked as a graduate assistant. He completed his undergraduate degree at Bombay University, earning a Bachelor of Science in Physics with a minor in Mathematics.
Mr. Krishnan is a CFA charterholder and a member of the Salt Lake City Society of Financial Analysts.
JB Taylor, Wasatch Global Investors
Mr. Taylor is Chief Executive Officer of Wasatch Global Investors and serves on the Board of Directors. He is also a Portfolio Manager, the head of U.S. small cap investing and a member of the global research team. He joined Wasatch as an Analyst in 1996.
Mr. Taylor graduated from Stanford University, earning a Bachelor of Science in Industrial Engineering.
Paul Lambert
Portfolio Manager
Mr. Lambert is a Portfolio Manager on the U.S. small cap and global research teams. He joined Wasatch Global Investors as an Analyst in 2000.
Prior to joining Wasatch, Mr. Lambert worked for Fidelity Investments.
Mr. Lambert graduated from the University of Utah, earning a Bachelor of Science in Finance.
Ken Applegate, Wasatch Global Investors
Mr. Applegate is a Portfolio Manager, the head of international developed markets investing and a member of the global research team. He joined Wasatch Global Investors in 2014.
During more than two decades of investing, Mr. Applegate has focused exclusively on global small cap companies. His career began in 1994 in London, where he served as a financial analyst and later as a co-manager of a foreign exchange hedge portfolio for Refco. In 1996, he moved to the U.S. where he spent 11 years specializing in small cap investing for RCM and then Berkeley Capital Management. Later, he returned to his native New Zealand to join Fisher Funds as a senior portfolio manager, and was integral in launching and managing international small cap funds. In 2012, he moved back to the U.S. to launch the Pacific View Asset Management international small cap strategy.
Mr. Applegate completed his Bachelor of Management studies at the University of Waikato in New Zealand. He is also a CFA charterholder and a Certified Market Technician (CMT).
Style
| 3 mo | 6 mo | YTD | 1 yr | 3 yrs | 5 yrs | 10 yrs | Since Inception |
|---|---|---|---|---|---|---|---|
| 4.6% | 16.5% | 13.6% | 39.6% | (0.2%) | 11.3% | 12.0% | 6.1% |
As at: 11/29/2024
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|
| 23.5% | (28.9%) | 17.1% | 38.60% | 25.2% | 2.5% | 24.0% | (6.3%) | 22.5% | 8.9% |
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.
The LSEG Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The LSEG Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is an objective, quantitative, risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the LSEG Lipper Fund Award. For more information, see lipperfundawards.com.
Although LSEG Lipper makes reasonable efforts to ensure the accuracy and reliability of the data used to calculate the awards, their accuracy is not guaranteed. Renaissance Global Small-Cap Fund Class F was awarded the 2024 Lipper Fund Award in the Global Small/Mid Cap Equity Fund category over the 10-year period ending July 31, 2024 out of a total of 21 funds. Fund performance for the period ended September 30, 2024 is: 29.9% (1 year), 0.4% (3 years), 11.7% (5 years), 12.1% (10 years) and 6.1% (since inception January 31, 2001) net of fees. LSEG Lipper Fund Awards, ©2024 LSEG. All rights reserved. Used under license.
This material is provided for general informational purposes only and does not constitute financial, investment, tax, legal or accounting advice nor does it constitute an offer or solicitation to buy or sell any securities referred to.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the simplified prospectus before investing. To obtain a copy of the simplified prospectus, call 1-888-888-FUND (3863). Alternatively, you may obtain a copy from your advisor.
The indicated rates of return are the historical annual compounded total returns 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.
Any information or discussion about the current characteristics of this mutual fund or how the portfolio manager is managing the mutual fund that is supplementary to information in the prospectus is not a discussion about material investment objectives or strategies, but solely a discussion of the current characteristics or manner of fulfilling the investment objectives and strategies, and is subject to change without notice.
Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer, nor are they guaranteed.
Past performance may not be repeated.
The material and/or its contents may not be reproduced without the express written consent of CIBC Asset Management Inc.
