Opportunities can exist in many different forms; the skill comes in

knowing when to take advantage of them. With the freedom and

flexibility necessary to do so, the Renaissance Global Markets Fund

is dedicated to seeking out the best opportunities in the global market,

unconstrained by benchmark, sector or region. This provides investors

with the opportunity for consistent returns over the long term.

Wintergreen Advisers add significant value by actively searching for

companies currently out of favour with the broader market; in particular,

undervalued or distressed companies along with arbitrage opportunities

that are showing signs for significant recovery. The result is a highly

concentrated portfolio of holdings that is less correlated to market returns

than typical active managers.

Renaissance Global Markets Fund

Advisor Essentials

A World of Opportunities

Strong UpsideParticipation Excellent risk-adjusted returnswith low volatility provide ameasured approach to high capital appreciation.

Provides DownsideProtection The Renaissance Global MarketsFund is different than other global equity funds. WintergreenAdvisers’ unique approach findsundervalued investments in allmarkets and sectors, separatingthem from their peers. The resultis a lower correlation to majormarkets than most other globalequity funds.

A Buy & Hold Strategy Wintergreen Advisers’ valueapproach leads to a low turnoverof stocks in the portfolio, widelyrecognized as resulting in a moretax-efficient outcome as the costsand taxes typically associated withhigh turnover are significantlyreduced.

Keybenefits

Meeting clients’ needs for consistent returns with a best ideas approach.

For Advisor Use Only

Management Style:

Deep Value

CompellingOpportunities:

• UndervaluedSecurities

• DistressedCompanies

• ArbitrageOpportunities

Results of InvestmentApproach:

• A deep value style focusedon providing consistentreturns over time

• Portfolio that is lesscorrelated to market returnsthan typical active managers

• A low turnover portfolioresults in a more tax-efficient solution

Source: Wintergreen Advisers

Renaissance Global Markets Fund

Advisor Essentials

Unique Value ApproachWintergreen Advisers build theirown intrinsic value assessmentsto find opportunistic value notrecognized by the broader market,but which signal opportunities fora significant return. They may alsotake advantage of arbitrageopportunities and distressedsecurities in the global market.

Go Anywhere MandateWintergreen Advisers’ strength istheir ability to identify companiesthey believe are seriouslyundervalued. To pursue theirunique brand of value, flexibility iskey, so they invest in companiesof any size, in any geographicregion or sector.

Highly Regarded Value ManagerWith over two decades ofinvestment experience, DavidWinters is a highly regarded deep-value investor with a long-termtrack record of success.

Features

1 888 888 FUND (3863)www.renaissanceinvestments.ca

2MER annualized as at February 29, 2012. Please refer to the Annual/Interim Management Reportsof Fund Performance for further details. Commissions, trailing commissions, management fees andexpenses all may be associated with mutual fund investments. Please read the RenaissanceInvestments simplified prospectus before investing. The indicated rates of return are the historicalannual compounded total returns for the class A units, including changes in unit value andreinvestment of all distributions, but do not take into account sales, redemption, distribution, oroptional charges or income taxes payable by any unitholder that would have reduced returns.Mutual funds are not guaranteed, their values change frequently, and past performance may not berepeated. This material was prepared for investment professionals only and is not for publicdistribution. It is for informational purposes only and is not intended to convey investment, legal ortax advice. The material and/or its contents may not be reproduced or distributed without theexpress written consent of Renaissance Investments. Renaissance Investments is offered by CIBCAsset Management Inc. ™Renaissance Investments and “invest well. live better.” are registeredtrademarks of CIBC Asset Management Inc.

02150E(201207)86

Fund Details:Class AFront-End Load: ATL1029Back-End Load: ATL1873Low Load: ATL2873MER (Class A): 2.70%2

Class F: ATL1647Front-End Load Trailer: 1.25%

For Advisor Use Only

Geographic Allocation

■ 28.37% United States■ 17.19% Switzerland■ 14.14% United Kingdom■ 13.09% Cash & Cash Equivalents■ 9.41% Hong Kong ■ 17.80% Others

As at June 30, 2012

Performance (%)

1 3 6 1 3 5 10 Since month months months year years years years Inception1

Renaissance Global Markets Fund 1.1 (3.6) (0.5) (3.7) 9.0 (2.2) 0.9 2.8

MSCI World Index 3.5 (3.0) 6.4 1.0 6.8 (3.2) 1.6 5.91Since Inception: January 11, 1993All data as at June 30, 2012. MSCI data supplied by Zephyr Associates, Inc.