RMB Small Cap Fund

Formerly the IronBridge Small Cap Fund

 

Portfolio Manager

Senior Vice President
Portfolio Manager, RMB Small Cap Fund and RMB SMID Cap Fund
Senior Vice President
Portfolio Manager, RMB Small Cap Fund and RMB SMID Cap Fund
Fact Sheet
Holdings
Commentary
 

Fund Facts

$114.9
Total Net Assets in Millions
(9/30/19)
Morningstar
Rating Overall
(584 funds in the small growth category based on risk-adjusted returns)
$100,000
Minimum Investment
0%
Redemption Charge

Ratings reflect fee waivers in effect; in their absence, ratings may have been lower. The Morningstar RatingTM for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. The RMB Small Cap Fund Class I was rated as of 9/30/19 against the following number of U.S. domiciled small growth funds over the following time periods: 584 funds in the last three years, 519 funds in the last 5 years, and 400 funds in the last 10 years. With respect to these small growth funds, the RMB Small Cap Fund Class I received a Morningstar rating of 3, 3, and 2 stars for the 3, 5, and 10 year periods, respectively. Past performance is no guarantee of future results.

RMBBX
Class I
74968B837
CUSIP
8/30/2002
Inception Date
1.10%
Expense Ratio1
6/24/19
No Sales Charge
 

Philosophy

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
 

PROCESS

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Performance

RMB Small Cap Fund
Quarter1 Year3 Year5 Year10 YearSince Inception
As of 09/30/2019
Class I
RMBBX
08/30/2002 Inception
NAV0.07%-0.42%9.85%8.53%10.72%10.43%
RUSSELL 2000® Index-2.40%-8.89%8.23%8.19%11.19%9.75%

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.