Recently Priced IPO Calendar
Company Name Ticker Offer Date Underwriter Shares IPO Price Closing Price Return Today's Price/Change
Cotiviti Holdings COTV 05/25/16 Goldman Sach 12.5 $19.00 $18.26 -3.9% $18.26 0.00 (0.0%)
$18.26
GMS GMS 05/25/16 Barclays 7.0 $21.00 $22.81 8.6% $22.81 0.00 (0.0%)
$22.81
Reata Pharmaceuticals RETA 05/25/16 Citi 5.5 $11.00 $13.85 25.9% $13.85 0.00 (0.0%)
$13.85
US Foods USFD 05/25/16 Goldman Sach 44.4 $23.00 $24.99 8.7% $24.99 0.00 (0.0%)
$24.99
Midland States Bancorp MSBI 05/23/16 Sandler O'Ne 3.6 $22.00 $22.51 2.3% $22.51 0.00 (0.0%)
$22.51
Grupo Supervielle SUPV 05/18/16 Morgan Stanl 25.5 $11.00 $11.39 3.5% $11.39 0.00 (0.0%)
$11.39
Merus MRUS 05/18/16 Citi 5.5 $10.00 $8.61 -13.9% $8.61 0.00 (0.0%)
$8.61
PhaseRx PZRX 05/17/16 Laidlaw & Co 3.7 $5.00 $5.56 11.2% $5.56 0.00 (0.0%)
$5.56
Pulse Biosciences PLSE 05/17/16 MDB Capital 5.0 $4.00 $4.29 7.3% $4.29 0.00 (0.0%)
$4.29
Acacia Communications ACIA 05/12/16 Goldman Sach 4.5 $23.00 $39.28 70.8% $39.28 0.00 (0.0%)
$39.28
Oncobiologics ONSIU 05/12/16 Jefferies 5.8 $6.00 $5.23 -12.8% $5.23 0.00 (0.0%)
$5.23
SiteOne Landscape Supply SITE 05/11/16 Deutsche Ban 10.0 $21.00 $28.13 34.0% $28.13 0.00 (0.0%)
$28.13
Turning Point Brands TPB 05/10/16 Cowen & Comp 5.4 $10.00 $10.26 2.6% $10.26 0.00 (0.0%)
$10.26
Spring Bank Pharma SBPH 05/06/16 Dawson James 0.9 $12.00 $11.22 -6.5% $11.22 0.00 (0.0%)
$11.22
Intellia Therapeutics NTLA 05/05/16 Credit Suiss 6.0 $18.00 $29.57 64.3% $29.57 0.00 (0.0%)
$29.57
Global Water Resources GWRS 04/27/16 Roth Capital 1.2 $6.25 $7.35 17.6% $7.35 0.00 (0.0%)
$7.35
Red Rock Resorts RRR 04/26/16 Deutsche Ban 27.3 $19.50 $20.39 4.6% $20.39 0.00 (0.0%)
$20.39
Yintech Investment YIN 04/26/16 Jefferies 7.5 $13.50 $12.42 -8.0% $12.42 0.00 (0.0%)
$12.42
SecureWorks SCWX 04/21/16 BofA Merrill 8.0 $14.00 $13.82 -1.3% $13.82 0.00 (0.0%)
$13.82
American Renal Associates ARA 04/20/16 BofA Merrill 7.5 $22.00 $27.99 27.2% $27.99 0.00 (0.0%)
$27.99
MGM Growth Properties MGP 04/19/16 BofA Merrill 50.0 $21.00 $23.00 9.5% $23.00 0.00 (0.0%)
$23.00
Bats Global Markets BATS 04/14/16 Morgan Stanl 13.3 $19.00 $27.80 46.3% $27.80 0.00 (0.0%)
$27.80
Aeglea BioTherapeutics AGLE 04/06/16 UBS Investme 5.0 $10.00 $7.50 -25.0% $7.50 0.00 (0.0%)
$7.50
Please note this list only includes recently priced IPOs. For a more in-depth historical list, please inquire about our institutional research service.
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Performance Disclosure: Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Investors should consider the investment objectives, risks, charges and expenses carefully before investing.

As stated in the Prospectus, the total annual operating expenses for the Fund was 3.48%. The Adviser has contractually agreed to keep net expenses from exceeding 2.50% of the Fund's average daily net assets for at least a year from the date of the Prospectus and for an indefinite period thereafter subject to annual re-approval of the agreement by the Board of Trustees.

An investor cannot invest directly in an index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

Definitions: Net Asset Value (NAV) of the fund is calculated by dividing the total value of all the securities in its portfolio, less any liabilities, by the number of fund shares outstanding. Market Price is current value at which an asset or service can be bought or sold. Premium/Discount is provided to show the comparison of the daily net asset value (NAV) and the midpoint of the closing bid/ask for each of the funds. The Renaissance IPO Index® (IPOUSA) is a stock market index based upon a portfolio of U.S.-listed newly public companies that includes securities prior to their inclusion in core U.S. equity portfolios. The Renaissance International IPO Index® (IPOXUS) is a stock market index based upon a portfolio of newly public companies listed on non-U.S. exchanges. The S&P 500® Index (SPX) is a stock market index which includes 500 U.S. listed companies and seeks to capture approximately 80% coverage of available U.S. market capitalization.

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Definitions: The Renaissance IPO Index® is a stock market index based upon a portfolio of U.S.-listed newly public companies that includes securities prior to their inclusion in core U.S. equity portfolios. The S&P 500® Index is a stock market index based on the market capitalizations of 500 large companies whose common stock is publicly traded on the NYSE.

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