RMB Fund

Portfolio Manager

Senior Vice President

Portfolio Manager, RMB Fund

Fact Sheet

Holdings

Commentary

Fund Facts

$129.8

Total Net Assets in Millions

(05/31/21)

$2,500

Minimum Investment

Redemption Charge

RMBHX

Class A

74968B605

CUSIP

6/16/1975

Inception Date

1.23%

Expense Ratio

5/1/21

5.00%

Maximum Sales Charge

RMBJX

Class C

74968B704

CUSIP

4/30/2004

Inception Date

1.98%

Expense Ratio

5/1/21

1.00%

Maximum Sales Charge

RMBGX

Class I

74968B886

CUSIP

2/1/2017

Inception Date

0.98%

Expense Ratio

5/1/21

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

Performance

RMB Fund
		Quarter	1 Year	3 Year	5 Year	10 Year	Since Inception
		As of 03/31/2021
Class A RMBHX 6/16/1975 Inception	NAV	6.20%	61.43%	17.88%	16.96%	11.97%	10.80%
	SEC Return**	0.88%	53.37%	15.88%	15.76%	11.40%	10.68%
	S&P 500 TR	6.17%	56.35%	16.78%	16.29%	13.91%	11.64%
Class C RMBJX 4/30/2004 Inception	NAV	6.00%	60.24%	17.00%	16.08%	11.13%	8.69%
	SEC Return**	5.00%	59.24%	17.00%	16.08%	11.13%	8.69%
	S&P 500 TR	6.17%	56.35%	16.78%	16.29%	13.91%	10.07%
Class I RMBGX 2/1/2017 Inception	NAV	6.24%	61.83%	18.17%	—	—	18.04%
Class I RMBGX 2/1/2017 Inception	S&P 500 TR	6.17%	56.35%	16.78%	—	—	16.52%

*Performance over one year is annualized.
**SEC return includes maximum sales charges and all expenses.

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.

Fund Materials

Fact Sheet

03/31/21

Commentary

03/31/21

Holdings

4/30/21

Reports

Semiannual Report - 6/30/20

Annual Report - 12/31/20

Prospectus

Prospectus - 5/1/21

Summary Prospectus - 5/1/21

SAI - 5/1/21

© 2019 Morningstar, Inc. All Rights Reserved. The information contained herein: 1) is proprietary to Morningstar and/or its content providers; 2) may not be copied or distributed; and 3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. The Morningstar Style Box™ reveals a Fund’s investment strategy. For equity Funds, the vertical axis shows the market capitalization of the long stocks owned and the horizontal axis shows investment style (value, blend or growth).

The Funds’ investment adviser, RMB Capital Management, LLC, has adopted a contractual expense limitation agreement for each Fund through April 30, 2021, 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. The index includes dividends reinvested.

An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

Microsoft Corp.	6.48%
Alphabet Inc.	5.87%
Visa Inc.	3.92%
IHS Markit Ltd.	3.37%
Avery Dennison Corp.	3.35%
Danaher Corp.	3.26%
Morgan Stanley	3.19%
Dollar General Corp.	3.16%
UnitedHealth Group Inc.	3.11%
American Tower Corp.	3.05%

RMB Fund

Portfolio Manager

Fund Facts

Philosophy

Process

Performance

Holdings

Coming soon

Coming soon

Fund Materials

Fact Sheet

Commentary

Holdings

Reports

Prospectus