Renaissance U.S. Equity Income Fund [Class H] - Hedged
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.
Hedged classes of the Fund attempt to mitigate their currency exposure to non-Canadian dollar currencies by implementing a currency hedging strategy that is aimed at protecting the classes from non-Canadian dollar currency fluctuations. Refer to the Fund Prospectus for more details.
Minimum Initial Investment:
|ATL Codes||Front-End Load ||Back-End Load ||Low Load |
|Closed to all purchases|
|Inception Date||Oct 9, 2015|
|Assets Under Management ($000) |
As at : 09/29/2023
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.
|3 mo||6 mo||YTD||1 yr||3 yrs||5 yrs||10 yrs||Since Inception|
As at: 09/29/2023
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.