(As of 8/31/2020)

Renaissance Floating Rate Income Fund A

(Floating Rate Loan)






FundGrade A+® Rating recipient
For more information about
FundGrade click here
Inception Return
(9/16/2013) 		5.59 %
YTD Return -0.57 %
NAVPS
(9/25/2020) 		$10.56
Change $0.01 / 0.05 %
Growth of $10,000 (As of August 31, 2020)
MER 1.80 %
Assets ($mil) $642.32
Rank (1Yr) 26/115
Std Dev (3Yr) 6.28 %
Volatility Ranking (3Yr) 2/10
RRSP Eligibility Yes
Load Choice of Front or Back
Max Front End 5.00 %
Max Back End 5.50 %
Sales Status Open
 
Objective
To generate a high level of current income, primarily through investment in senior floating rate loans and other floating rate debt instruments as well as lower-rated debt securities, of issuers located anywhere in the world.
Management Co.
CIBC Asset Management Inc.
Managers
CIBC Asset Management Inc., Ares Capital Management LLC
 
Asset Allocation
(As of August 31, 2020)
Sector Allocation
(As of August 31, 2020)
Geographic Allocation
(As of August 31, 2020)
Top 10 Holdings
NameAssetSectorGeographicPercent
Cash and Cash EquivalentsCash and EquivalentsCash and Cash EquivalentUnited States4.47%
APPLIED SYSTEMS 9/17 COV-LITEForeign BondsFixed IncomeUnited States1.15%
Cambrex Corp 04-Dec-2026Foreign BondsFixed IncomeUnited States1.11%
Sotera Health Holdings 13-Dec-2026Foreign BondsFixed IncomeUnited States1.01%
BWAY 3/17 TLBForeign BondsFixed IncomeUnited States0.93%
ERESEARCH TECHNOLOGY 2/20 TLForeign BondsFixed IncomeUnited States0.92%
Iridium Satellite LLC 04-Nov-2026Foreign BondsFixed IncomeUnited States0.90%
Option Care Health Inc 06-Aug-2026Foreign BondsFixed IncomeUnited States0.89%
INFOBLOX 1/18 COV-LITE TLForeign BondsFixed IncomeUnited States0.88%
GENTIVA HEALTH/KINDRED AT HOMEForeign BondsFixed IncomeUnited States0.86%

Performance Data (As of August 31, 2020)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund -1.56 -1.74 -3.01 -0.57 -0.48 3.95 2.57 -   
Benchmark -1.22 2.22 0.45 2.44 3.71 5.78 5.92 8.84
Quartile Ranking 4 4 2 1 1 1 2 -

Calendar Return (%) 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund 3.75 7.06 -3.71 3.39 17.70 9.41 -      -      -      -     
Benchmark 7.98 5.36 2.96 10.80 14.93 8.91 15.20 16.66 5.18 7.95
Quartile Ranking 4 1 4 4 1 1 - - - -

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