Description: The investment seeks replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance International IPO Index. The index is a portfolio of companies that have recently completed an initial public offering ("IPOs") that is listed on a non-U.S. exchange. IPOs are an unseasoned category of equities under-represented in core equity indices. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index, the Renaissance International IPO Index. It is non-diversified.
Exchange: NYSE ARCA
Country: US : United States of America
Currency: US Dollar ($)
Category: Foreign Small/Mid Growth
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock non-US | 99.07 | 0.00 | 99.07 |
| Stock US | 0.63 | 0.00 | 0.63 |
| Cash | 0.30 | 0.00 | 0.30 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Consumer Defensive | 22.78 | 5.70 |
| Consumer Cyclicals | 18.64 | 10.92 |
| Financial Services | 11.62 | 8.57 |
| Healthcare | 11.44 | 14.20 |
| Real Estate | 10.29 | 3.00 |
| Communication Services | 7.84 | 5.26 |
| Technology | 6.64 | 19.48 |
| Basic Materials | 3.45 | 5.98 |
| Industrials | 3.16 | 24.17 |
| Utilities | 2.24 | 1.01 |
| Energy | 1.92 | 1.72 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| Asia Emerging | 53.80 | 7.92 |
| Europe Developed | 23.77 | 30.79 |
| Asia Developed | 8.89 | 3.87 |
| United Kingdom | 6.37 | 15.48 |
| Australasia | 4.57 | 4.39 |
| North America | 2.60 | 9.49 |
| Japan | 0.00 | 22.84 |
| Latin America | 0.00 | 3.07 |
| Europe Emerging | 0.00 | 0.16 |
| Africa/Middle East | 0.00 | 1.93 |