RMB International Small Cap Fund

 

PORTFOLIO MANAGER

Senior Vice President
Portfolio Manager, RMB International Fund and RMB International Small Cap Fund
Fact Sheet
Holdings
Commentary
 

FUND FACTS

$13.00
Total Net Assets in Millions
(3/31/18)
$100,000
Minimum Investment
0%
Redemption Charge
RMBSX
Class I
74968B878
CUSIP
12/27/2017
Inception Date
1.25%
Expense Ratio
12/27/17
No Sales Charge
 

PHILOSOPHY

Investment Philosophy

The Fund seeks capital appreciation. The Fund pursues its goal by investing, under normal conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in small capitalization companies. The Adviser defines a small capitalization company as any company with a market capitalization less than or equal to the largest market capitalization of any company in the MSCI EAFE Small Cap Index. Under normal conditions, the Fund will invest in at least three different countries and will invest at least 40% of its total assets in securities of non-U.S. issuers—companies that either are organized or have their principal place of business outside the U.S. or that do a majority of their business outside the U.S. The Fund’s non-U.S. investments will be primarily in developed markets, but the Fund may invest in emerging markets. There are no geographic limits on the Fund’s non-U.S. investments.

The Adviser uses a fundamental, bottom-up approach to identify what it believes are quality companies, as evidenced by the durability of a company’s business model (strong competitive advantages and high barriers to entry), a company’s financial strength (greater returns on capital, free cash flow generation, healthy balance sheets), the presence of long-term growth, and a value-accretive management team. From time to time, the Fund may invest in companies that are experiencing unusual and possibly unique developments. Potential investments in the stock of these companies are usually the result of the research process, which can uncover companies that are otherwise outside of the standard investment criteria employed by the Fund, but may have opportunities for significant returns.

Investment Approach

  • Seek companies with strong management, sound financial practices, and a defensible business niche
  • Focus on firms with sustainable growth in earnings, revenue, and cash flow
  • Identify undervalued equities that are temporarily mispriced relative to their long-term potential and where their stock prices reflect reasonable valuations
 

PROCESS

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PERFORMANCE

RMB International Small Cap Fund
Quarter1 Year3 Year5 Year10 YearSince Inception
As of 03/31/2018
Class I
RMBSX
12/27/2017 Inception
NAV2.40%
2.50%
MSCI EAFE SMALL CAP 0.24%
0.98%

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