RMB Fund

 

PORTFOLIO MANAGER

Senior Vice President
Portfolio Manager, RMB Fund
Fact Sheet
Holdings
Commentary
 

FUND FACTS

$77.04
Total Net Assets in Millions
(3/31/2018)
Morningstar
Rating Overall
(1,213 funds in the large growth category based on risk-adjusted returns)
$2,500
Minimum Investment
2%
Redemption Charge

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Total Return measure that accounts for variation in a fund’s monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and ten-year (if applicable) Morningstar Rating metrics. The RMB Fund Class A was rated as of 3/31/18 against the following number of U.S. domiciled large growth funds over the following time periods: 1,213 funds in the last three years, 1,099 funds in the last 5 years, and 779 funds in the last 10 years. With respect to these large growth funds, the RMB Fund Class A received a Morningstar rating of 1, 1, and 3 stars for the 3, 5, and 10 year periods, respectively. Past performance is no guarantee of future results.

RMBHX
Class A
74968B605
CUSIP
6/16/1975
Inception Date
1.55%
Expense Ratio
5/1/17
5.00%
Maximum Sales Charge
RMBJX
Class C
74968B704
CUSIP
4/30/2004
Inception Date
2.30%
Expense Ratio
5/1/17
1.00%
Maximum Sales Charge
RMBGX
Class I
74968B886
CUSIP
2/1/2017
Inception Date
1.30%
Expense Ratio
5/1/17
No Sales Charge
 

PHILOSOPHY

Investment Philosophy

The RMB Fund seeks capital appreciation by investing in a diverse portfolio primarily consisting of common stocks. The Fund invests in high quality companies of all market capitalizations with a focus on businesses that have sustainable, long term competitive advantages. Portfolio companies may range from small and mid-sized businesses that are earlier in their growth life cycle, to larger more mature companies that return capital to shareholders through increasing dividend payments and share buy-backs. High quality companies are generally defined as companies with product leadership, that have potential for sustained operating and revenue growth and that are run by strong management teams that allocate shareholder capital wisely and align their economic interests with shareholders. The Fund employs a long-term approach when selecting stocks, and seeks to own businesses that have durable franchises that can weather the ups and downs of volatile business cycles.

Investment Approach

  • Potential for sustained operating and revenue growth
  • Product leadership and strong management teams that focus on enhancing shareholder value
  • Companies with histories of paying regular dividends
  • Securities that appear undervalued by the market or that seem to be poised to benefit from restructuring or similar business changes
 

PROCESS

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Morbi lectus felis, maximus vehicula consequat quis, imperdiet eu lorem. Mauris porttitor leo lectus, ut fringilla ante fermentum non. Maecenas lacinia eu dui eget luctus. Vestibulum ante ipsum primis in faucibus orci luctus et ultrices posuere cubilia Curae; Fusce mi odio, hendrerit id elementum et, molestie a lorem. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus et pulvinar urna. Aliquam sit amet efficitur lorem. Sed quis nisl quis est gravida cursus mollis id turpis. Proin sit amet tortor sed nunc laoreet porttitor. Etiam commodo elit ac ipsum feugiat, ut congue diam fermentum. Nullam eget ipsum nibh.

 

PERFORMANCE

RMB Fund
Quarter1 Year3 Year5 Year10 YearSince Inception*
As of 3/31/2018
Class A
RMBHX
6/16/1975 Inception
NAV0.17%14.15%6.20%9.63%8.40%10.32%
SEC Return**-4.84%8.43%4.40%8.52%7.84%10.19%
S&P 500-0.76%13.99%10.78%13.31%9.49%11.27%
Class C
RMBJX
4/30/2004 Inception
NAV0.00%13.30%5.40%8.81%7.60%6.97%
SEC Return**-1.00%12.50%5.40%8.81%7.60%6.97%
S&P 500-0.76%13.99%10.78%13.31%9.49%8.68%
Class I
RMBGX
2/1/2017 Inception
NAV0.21%14.41%
17.69%
S&P 500-0.76%13.99%
15.85%

The performance data quoted represents past performance and is not a guarantee of future results. The investment return and principal value of an investment will fluctuate, so that those shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the data quoted due to market volatility. To obtain performance as of the most recent month end, please call 1-800-462-2392.