Renaissance International IPO ETF

Frequently Asked Questions About IPOS

What does IPOS invest in?

The fund primarily dedicates a minimum of 80% of its overall assets to the financial instruments included in its benchmark index. This benchmark is constituted by common equities, depositary receipts, real estate investment trusts (REITs), and units representing partnership interests. A maximum of 20% of the portfolio's value may additionally be allocated to specified derivatives such as futures, options, and swap agreements, alongside cash or highly liquid equivalents, and even common shares outside the primary index, all intended to aid the fund in closely replicating the index's performance. Notably, this fund operates on a non-diversified basis.

What is the expense ratio of IPOS?

Renaissance International IPO ETF (IPOS) charges an expense ratio of 0.80%. This is the annual fee deducted from fund assets to cover management and operations.

How big is IPOS?

Renaissance International IPO ETF (IPOS) manages $11.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is IPOS actively managed or an index fund?

IPOS's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was IPOS launched?

Renaissance International IPO ETF (IPOS) launched in October 2014 and is managed by Renaissance.

How has IPOS performed?

IPOS's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.