Skip to Content
News Releases
Renaissance Investments launches Global Infrastructure Fund and Optimal Income Portfolio

    TORONTO, Nov. 13 /CNW/ - Recognizing investors' demand for choice, value
and leading investment management expertise, Renaissance Investments today
introduced two new products to its line-up. The two new funds being introduced
to individual investors are the Renaissance Global Infrastructure Fund and
Renaissance Optimal Income Portfolio.
    The new Renaissance Global Infrastructure Fund offers investors access to
the unique infrastructure asset class, which until recently has been
predominantly available only to institutional investors. Given the strong
global need for new infrastructure and the expanding investing opportunities,
the outlook for the infrastructure asset class is very strong. In both the
developed and developing markets, countries are catching up after decades of
underinvestment in infrastructure, and significant projects are taking place
globally, creating a growing investment opportunity for investors. Some of the
key features of infrastructure investing are long-term stable returns, access
to a growing market, strong portfolio diversification, attractive yields and a
natural inflation hedge.
    "Institutional investors such as pension plans have long recognized the
powerful investment opportunities inherent in infrastructure," said Steve
Geist, President of CIBC Asset Management Inc. "Investors in infrastructure
will benefit from what is set to become one of the biggest investment
opportunities of the decade, and we are excited to be able to offer this asset
class to Canadian retail investors."
    The fund is sub-advised by RARE Infrastructure Limited (RARE), an
investment manager based in Sydney, Australia specializing in the
infrastructure sector. With a combined experience of more than 70 years in
this asset class, RARE's investment team has unparalleled expertise that will
add value to the fund. RARE's investment process includes quantitative and
qualitative assessments to select a final portfolio of approximately 30 - 60
stocks from a universe of 40,000 globally listed securities.
    Renaissance Investments is also very excited to launch the Renaissance
Optimal Income Portfolio as an all-in-one income solution that has been
designed to meet the various income needs of investors. The portfolio offers
broad diversification through a multi-manager strategic mix of mutual funds,
including the Renaissance Global Infrastructure Fund, designed to maximize
return potential, manage risk, and protect against inflation. The portfolio
also offers consistent and tax-efficient cash flow through its 4%, 6% or 8%
payout options that may include a return of capital component.
    The Renaissance Optimal Income Portfolio is comprised of the Renaissance
Global Infrastructure Fund; the Renaissance Canadian Dividend Income Fund; the
Renaissance Canadian Bond Fund; the Renaissance Canadian High Yield Bond Fund;
the Renaissance Global Bond Fund; and the Renaissance Canadian Real Return
Bond Fund.
    "We are excited to offer these two new products," said Geist. "There is
increasing importance for investors to find tax-efficient income generating
solutions while ensuring a diversified portfolio focused on capital
preservation. We are responding to these needs and are committed to ensuring
the products we launch are targeted to meet and exceed the needs of Canadian

    Renaissance Investments offers a line-up of high quality investment
solutions which offer investors the very best in choice, value and investment
management expertise. Renaissance Investments products include the Renaissance
Investments family of funds, Axiom Portfolios, Frontiers Pools and Sequence
Portfolios. Renaissance Investments is offered by CIBC Asset Management Inc.,
which manages more than $50 billion dollars for over 1.5 million investors.
For additional information, visit our website at

For further information:
For further information: Media contact: Doug Maybee, Director, CIBC
Media Relations at (416) 980-7458 or Product inquiries:
Renaissance Investments Client Services, 1-888-888-FUND (3863)