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Renaissance International IPO ETF

Ticker: IPOS

Why Invest?

You will have exposure to the most significant non-U.S. listed newly public companies in a portfolio, prior to their inclusion in core non-U.S. equity indices. See the current holdings.

How it Works.

The Renaissance International IPO ETF is a transparent rules-based ETF that tracks the Renaissance International IPO Index designed to hold a portfolio of the largest, most liquid, newly-listed non-U.S. IPOs. Each quarter when the ETF is rebalanced, new IPOs are included and older constituents are removed. At quarterly rebalances, constituents are weighted by float-adjusted market capitalization with a cap imposed on any weightings exceeding 10%.

Fund Statistics
As of:
Ticker:
Primary Exchange:
SEDOL:
Total Expense Ratio (Gross):
Distribution History Frequency:
Shares Outstanding:

The International IPO Market Is Now Within Reach

Newly public companies can be difficult for investors to access. These challenges are amplified internationally. The Renaissance International IPO ETF simplifies this process and makes these companies more accessible than ever before.

Daily Performance as of Closing Value Daily Change Percent Change 30-Day Median Bid Ask Spread
Market Price {{fundstats.marketprice | currency : $ : 2}} {{fundstats.marketprice - fundstats.prevmarketprice | currency : $ : 2}} {{(fundstats.marketprice - fundstats.prevmarketprice)/fundstats.prevmarketprice | percentage : 2}} {{fundstats.baspread30day | number : 2}}%
NAV {{fundstats.navpershare | currency : $ : 2}} {{fundstats.navpershare - fundstats.prevnavpershare | currency : $ : 2}} {{(fundstats.navpershare - fundstats.prevnavpershare)/fundstats.prevnavpershare | percentage : 2}}
Premium/Discount History as of {{premiumDiscount.AsOfDate | date : 'MM/dd/yy'}} Calendar
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Days Closed at a Premium {{premiumDiscount.PreviousYear.ClosedAtPremium}} {{premiumDiscount.Q1.ClosedAtPremium}} {{premiumDiscount.Q2.ClosedAtPremium}} {{premiumDiscount.Q3.ClosedAtPremium}} {{premiumDiscount.Q4.ClosedAtPremium}}
Days Closed at NAV {{premiumDiscount.PreviousYear.ClosedAtNav}} {{premiumDiscount.Q1.ClosedAtNav}} {{premiumDiscount.Q2.ClosedAtNav}} {{premiumDiscount.Q3.ClosedAtNav}} {{premiumDiscount.Q4.ClosedAtNav}}
Days Closed at a Discount {{premiumDiscount.PreviousYear.ClosedAtDiscount}} {{premiumDiscount.Q1.ClosedAtDiscount}} {{premiumDiscount.Q2.ClosedAtDiscount}} {{premiumDiscount.Q3.ClosedAtDiscount}} {{premiumDiscount.Q4.ClosedAtDiscount}}

Country Distribution

IPOS Performance

Performance History

As of {{asOfMonthly}} Market Price NAV
1M
YTD
1yr
3yr
5yr
Inception

Inception date is Ocobter 6th, 2014. Returns greater than one year are annualized.

As of {{asOfQuarterly}} Market Price NAV
QTR
YTD
1yr
3yr
5yr
Inception

Inception date is Ocobter 6th, 2014. Returns greater than one year are annualized.

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. 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 based on the market capitalizations of 500 large companies whose common stock is publicly traded on the NYSE.

Risk Disclosure

Investments in the Renaissance IPO ETF, symbol "IPO", and the Renaissance International IPO ETF, symbol "IPOS" (the "ETFs") are subject to investment risk, including possible loss of the principal amounts invested. The ETFs invest in companies that have recently completed initial public offerings. These stocks are unseasoned equities lacking trading history, a track record of reporting to investors and widely available research coverage which may result in extreme price volatility. Due to a greater number of IPOs in certain segments, the ETFs may also be subject to information technology and financial sector risk, small and mid-capitalization company risk, and, for the Renaissance International IPO ETF, emerging markets risk. The ETFs may hold securities in the form of Depositary Receipts, REITs, and Partnership Units which have greater risks than common shares. The strategies have high portfolio turnover and securities lending risks. The returns of the ETFs may not match the return of the respective indices. The ETFs are classified as non-diversified investment companies subject to concentration risk.

Prospectus

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus and/or summary prospectus with this and other information, please visit www.renaissancecapital.com. Read the prospectus carefully before investing. Foreside Fund Services, LLC, distributor for the ETFs, 1-866-486-6645.