RMB International Fund
AUM as of 10/31/2021
Expense Ratio as of 05/01/2021
Maximum Sales Charge
The Fund seeks capital appreciation. The Fund pursues its goal by investing, under normal conditions, in at least three different countries and by investing 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 Fund may invest in companies of any size. The portion of the Fund’s assets invested in small, medium, or large companies is expected to vary over time. The Fund will target a balanced approach with allocations across the market-capitalization spectrum. At times, the Fund may increase the relative emphasis of its investments in a particular region, country, sector, industry, or other segment of the market.
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.
- 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
As of 09/30/2021
Weighted Average Market Cap
Beta vs. Benchmark
Top Ten Holdings View full list of holdings
As of 10/31/2021
Number of Holdings
% in Top Ten Holdings
Total Fund AUM
As of 09/30/2021
Life Cycle Learn more about this approach
As of 06/30/2021
As of 09/30/2021
RMB International Fund Materials
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.
As with any mutual fund, there is no guarantee that the Fund will achieve its objective. The Fund’s share price fluctuates, which means you could lose money by investing in the Fund. The Fund is not a complete investment program and should be considered only as part of an investment portfolio. The principal risks of investing in the Fund are detailed in the Summary Prospectus.
Foreign Investing Risk — Foreign securities may underperform U.S. securities and may be more volatile than U.S. securities. Risks relating to investments in foreign securities (including, but not limited to, depositary receipts and participation certificates) and to securities of issuers with significant exposure to foreign markets include currency exchange rate fluctuation; less available public information about the issuers of securities; less stringent regulatory standards; lack of uniform accounting, auditing and financial reporting standards; imposition of foreign withholding and other taxes; country risks, including less liquidity, high inflation rates and unfavorable economic practices; and political instability and expropriation and nationalization risks.
REIT Risk — The Fund’s investments in real estate related securities (primarily REITs) are subject to the risk that the value of the real estate underlying the securities will go down, which can be caused by deteriorating economic conditions and rising interest rates, and may also be subject to the risk that borrowers or tenants may default on their payment obligations. Investments in REITs involve additional risks.
- The MSCI EAFE Index measures international equity performance. It comprises the MSCI country indices that represent developed markets outside of North America: Europe, Australasia, and the Far East. 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. Source: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indexes or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.