Description

The fund as part of CIBCs Active Equity suite, aims for long-term capital growth by investing primarily in the Renaissance Global Growth Fund. The actively managed, concentrated fund holds approximately 40 to 60 global large- and mid-cap stocks exhibiting growth characteristics. Constituents are selected using a proprietary bottom-up analysis that gives emphasis on above-average earnings growth rate, along with growth prospects on profit margin, products or services, market shares, underlying industry, and stock market returns. The fund may invest in any sector and industry group without bias. CGLOs growth take on the global equity market makes it a great complement to CINT, which on the other hand focuses on global ex-US growth stocks.