RMB Fund

RMBGX

RMBHX

RMBJX

$40.7M

AUM as of 08/31/2021

0.98%

Expense Ratio as of 05/01/2021

74968B886

CUSIP

0.00%

Maximum Sales Charge

02/01/2017

Inception Date

$97.1M

AUM as of 08/31/2021

1.23%

Expense Ratio as of 05/01/2021

74968B605

CUSIP

5.00%

Maximum Sales Charge

06/16/1975

Inception Date

$2.6M

AUM as of 08/31/2021

1.98%

Expense Ratio as of 05/01/2021

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 06/30/2021

Turnover Ratio

Turnover Ratio or Turnover Rate is the percentage of a mutual fund or other portfolio's holdings that have been replaced in a 12-month period.

22.64%

Weighted Average Market Cap

Weighted Average Market Capitalization refers to a type of stock market index construction that is based on the market capitalization of the index's constituent stocks; large companies would, therefore, account for a greater portion of an index than smaller stocks.

$357,017M

Active Share

Active Share is a measure of the percentage of stock holdings in a manager's portfolio that differs from the benchmark index.

79.67%

Standard Deviation

Standard Deviation is a statistic that measures the dispersion of a dataset relative to its mean. The standard deviation is calculated as the square root of variance by determining each data point's deviation relative to the mean. If the data points are further from the mean, there is a higher deviation within the data set; thus, the more spread out the data, the higher the standard deviation.

13.65%

Beta vs. Benchmark

Beta is a measure of a stock's volatility in relation to the overall market. If a stock moves less than the market, the stock's beta is less than 1.0. High-beta stocks are supposed to be riskier but provide higher return potential; low-beta stocks pose less risk but also lower returns.

0.87

Top Ten Holdings View full list of holdings

As of 08/31/2021

Top Ten Holdings Top Ten Holdings Circle Graph Microsoft Corp. 7.24% Chart segment spanning Microsoft Corp.% of the whole. 107.28095937347 Chart segment spanning 82.28095937347% of the whole. Alphabet Inc. 6.66% Chart segment spanning Alphabet Inc.% of the whole. 90.981399902105 Chart segment spanning 65.981399902105% of the whole. Danaher Corp. 3.81% Chart segment spanning Danaher Corp.% of the whole. 81.656877141459 Chart segment spanning 56.656877141459% of the whole. Visa Inc. 3.65% Chart segment spanning Visa Inc.% of the whole. 72.723935389134 Chart segment spanning 47.723935389134% of the whole. IHS Markit Ltd. 3.56% Chart segment spanning IHS Markit Ltd.% of the whole. 64.011257953989 Chart segment spanning 39.011257953989% of the whole. Edwards Lifesciences Corp. 3.28% Chart segment spanning Edwards Lifesciences Corp.% of the whole. 55.983847283407 Chart segment spanning 30.983847283407% of the whole. American Tower Corp. 3.22% Chart segment spanning American Tower Corp.% of the whole. 48.103279490945 Chart segment spanning 23.103279490945% of the whole. Dollar General Corp. 3.21% Chart segment spanning Dollar General Corp.% of the whole. 40.247185511503 Chart segment spanning 15.247185511503% of the whole. Morgan Stanley 3.12% Chart segment spanning Morgan Stanley% of the whole. 32.611355849241 Chart segment spanning 7.6113558492413% of the whole. Apple Inc.  3.11% Chart segment spanning Apple Inc. % of the whole. 25 Chart segment spanning -7.105427357601E-15% of the whole.

Number of Holdings

38

% in Top Ten Holdings

40.87%

Total Fund AUM

$140.4M

Sector Weights

As of 06/30/2021

Sector Weights Sector Weights Circle Graph Information Technology 30.56% Chart segment spanning Information Technology% of the whole. 94.37261976348 Chart segment spanning 69.37261976348% of the whole. Health Care 16.47% Chart segment spanning Health Care% of the whole. 77.86630587292 Chart segment spanning 52.86630587292% of the whole. Consumer Discretionary 14.27% Chart segment spanning Consumer Discretionary% of the whole. 63.564842653838 Chart segment spanning 38.564842653838% of the whole. Financials 12.23% Chart segment spanning Financials% of the whole. 51.307877330126 Chart segment spanning 26.307877330126% of the whole. Industrials 6.65% Chart segment spanning Industrials% of the whole. 44.643215073161 Chart segment spanning 19.643215073161% of the whole. Communication Services 5.97% Chart segment spanning Communication Services% of the whole. 38.660052114652 Chart segment spanning 13.660052114652% of the whole. Consumer Staples 5.12% Chart segment spanning Consumer Staples% of the whole. 33.528763279214 Chart segment spanning 8.5287632792143% of the whole. Real Estate 3.17% Chart segment spanning Real Estate% of the whole. 30.351773902586 Chart segment spanning 5.3517739025857% of the whole. Materials 3.14% Chart segment spanning Materials% of the whole. 27.204850671477 Chart segment spanning 2.2048506714773% of the whole. Energy 2.20% Chart segment spanning Energy% of the whole. 25 Chart segment spanning 1.0658141036402E-14% of the whole. Utilities 0.00% Chart segment spanning Utilities% of the whole. 25 Chart segment spanning 1.0658141036402E-14% of the whole.

Documents

RMB Fund Materials

Archive

 

 

The Funds’ investment adviser, RMB Capital Management, LLC, has adopted a contractual expense limitation agreement for each Fund through April 30, 2022, 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.

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.