The Global IPO Fund is the first mutual fund to focus investment solely on initial public offerings. Many investors are interested in IPOs because they are looking for the opportunity to own fast-growing new companies developing ground-breaking products and services. The challenge for many IPO investors is how to properly analyze the hundreds of new companies that go public each year to find a suitable investment. In addition, direct investment in an IPO can be risky because of the lack of portfolio diversification. Finally, individual investors may not be able to afford the large dollar investment required by many brokerage firms.

In response, Renaissance Capital created the Global IPO Fund over 10 years ago as an alternative to direct investment. The Global IPO Fund seeks capital appreciation by investing in the common stocks of IPOs on the offering and in the aftermarket*.

For 20 years Renaissance Capital, as a major independent research provider, has been writing pre-IPO research reports on every U.S. initial public offering. Renaissance Capital utilizes its proprietary fundamental and quantitative research in choosing securities for the Fund's portfolio.

The Global IPO Fund is a no-load mutual fund, so it offers greater diversity than an individual security. It has a low minimum initial investment of $5,000 for regular accounts and $2,500 for IRAs.