RMB Small Cap Fund
RMBBX
$155.1M
AUM as of 09/30/2024
1.18%
Expense Ratio as of 05/01/2024
74968B837
CUSIP
0.00%
Maximum Sales Charge
08/30/2002
Inception Date
Investment Philosophy
The RMB Small Cap Fund seeks capital appreciation by investing in a diverse portfolio consisting primarily of common stocks. The Fund pursues its long term investment objectives by identifying well managed allocators of capital and buying them at a discount to fair value.
Investment Approach
- The Fund invests at least 80% of its assets in equity securities of companies with small market capitalizations (less than or equal to the largest market capitalization of any company in the Russell 2000 index at the time of purchase)
- The Fund seeks to invest in high-quality companies, employing intensive fundamental and qualitative analysis to identify investment opportunities
- Dual diversification by Life Cycle stage and sector are integral to portfolio construction
- The Fund seeks to provide capital preservation in down markets
Fund Manager
Documents
Life Cycle Investing
Performance
Portfolio Characteristics
As of 06/30/2024
Turnover Ratio
7.48%
Weighted Average Market Cap
$11,026M
Active Share
96.70%
Standard Deviation
20.99%
Beta vs. Benchmark
0.93
Top Ten Holdings View full list of holdings
As of 09/30/2024
Number of Holdings
53
% in Top Ten Holdings
35.30%
Total Fund AUM
$155.1M
Sector Weights
As of 06/30/2024
Documents
RMB Small Cap Fund Materials
Archive
Visit the following link to review the RMB Funds Annual N-PX: FORM N-PX PROXY VOTING RECORD
Investment Terms: Annualized Rate of Return is the geometric mean return of the portfolio calculated for a one-year period.
Fund Operating Expenses1
Curi RMB Capital, LLC (the “Adviser”) has contractually agreed to reduce its compensation due from and/or assume expenses of the Fund to the extent necessary to ensure that the Fund’s operating expenses (excluding, interest, taxes, brokerage commissions and other transaction costs, expenditures that are capitalized in accordance with generally accepted accounting principles, acquired fund fees and expenses, if any, and other extraordinary expenses not incurred in the ordinary course of business) do not exceed 1.21% and 0.96% of the average net assets of the Fund’s Investor Class and Class I, respectively (the “Expense Cap”). The Expense Cap is in effect through April 30, 2025 and cannot be terminated prior thereto without the approval of the Fund’s Board of Trustees. To the extent the Adviser waives its compensation and/or assumes expenses to satisfy the Expense Cap, the Adviser may seek repayment by the Fund of a portion or all of such amounts at any time within three years from the date on which such amounts were waived or assumed, provided that the Fund is able to make the repayment without exceeding the lesser of the expense cap in effect at the time of the waiver/reimbursement of in effect at the time of the repayment.
Principal Risks
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.
Small-Capitalization Companies Risk — Historically, stocks of small-capitalization companies and recently organized companies have been more volatile in price than those of the larger market capitalization companies. Among the reasons for the greater price volatility is the lower degree of liquidity in the markets for such securities, which may make these securities difficult to value and to sell. As a result, some of the Fund’s small cap holdings may be considered or become illiquid. Such companies also may have limited product lines and financial resources and may depend upon a limited or less experienced management group.
Index Definition
- The RUSSELL 2000® Index measures the performance of the 2,000 smallest companies in the RUSSELL 3000® Index. The RUSSELL 3000® Index measures the performance of the 3,000 largest U.S. companies based on total market capitalization. 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.