RMB Fund
RMBGX
RMBHX
RMBJX
$27.5M
AUM as of 09/30/2024
0.99%
Expense Ratio as of 05/01/2024
74968B886
CUSIP
0.00%
Maximum Sales Charge
02/01/2017
Inception Date
$88.5M
AUM as of 09/30/2024
1.24%
Expense Ratio as of 05/01/2024
74968B605
CUSIP
5.00%
Maximum Sales Charge
06/16/1975
Inception Date
$1.5M
AUM as of 09/30/2024
1.99%
Expense Ratio as of 05/01/2024
74968B704
CUSIP
1.00%
Maximum Sales Charge
04/30/2004
Inception Date
Institutional
Class A
Class C
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
Performance
Portfolio Characteristics
As of 06/30/2024
Turnover Ratio
7.55%
Weighted Average Market Cap
$905,306M
Active Share
72.67%
Standard Deviation
13.94%
Beta vs. Benchmark
0.87
Top Ten Holdings View full list of holdings
As of 09/30/2024
Number of Holdings
41
% in Top Ten Holdings
44.34%
Total Fund AUM
$117.5M
Sector Weights
As of 06/30/2024
Documents
RMB Fund Materials
Archive
Visit the following link to review the RMB Funds Annual N-PX: FORM N-PX PROXY VOTING RECORD
The Funds’ investment adviser, Curi RMB Capital, LLC, has adopted a contractual expense limitation agreement for each Fund through April 30, 2025, reducing the applicable Fund’s operating expenses so that the Fund’s total return and yield is increased. This may be continued from year to year thereafter if agreed upon by all parties. In the absence of such waivers and/or reimbursements, the applicable Fund’s total return and yield would be lower.
All investing involves risk including the possible loss of principal. The RMB Fund invests in larger, more established companies, which may not respond as quickly to competitive challenges or have higher growth rates than smaller companies might have during periods of economic expansion. There can be no assurance that the Fund will achieve its investment objective.
Different classes of shares carry different fees and expenses. The RMB Fund currently offers three classes (A, C and I shares). Class A has a maximum front-end sales charge of 5.0%, Class C has a maximum contingent deferred sales charge of 1.0%, and Class I has waived load with $100,000 minimum investment. Class A sales charges are waived for clients of investment intermediaries, or for those who purchase shares via no-transaction fee platforms.
Principal Risks
Large-Cap Company Risk — Larger, more established companies may be unable to respond quickly to new competitive challenges, such as changes in consumer tastes or innovative smaller competitors. Also, large-cap companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion.
Index Definition
- The S&P 500 Index is widely regarded as the best single gauge of the U.S. equity market. It includes 500 leading companies in leading industries of the U.S. economy. The index focuses on the large-cap segment of the market and covers approximately 75% of U.S equities. The index includes dividends reinvested. The index does not reflect investment management fees, brokerage commissions, or other expenses associated with investing in equity securities. A direct investment in an index is not possible.
An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.