RMB SMID Cap Fund

RMBMX

$273.8M

AUM as of 06/30/2021

0.90%

Expense Ratio as of 05/01/2021

74968B811

CUSIP

0.00%

Maximum Sales Charge

12/31/2004

Inception Date

Investment Philosophy  

The RMB SMID 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 to medium market capitalizations (between $400 million and $10 billion at 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

Performance

Portfolio Characteristics

As of 03/31/2021

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.

9.66%

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.

$12,979M

Active Share

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

93.49%

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.

16.92%

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.

0.88

Top Ten Holdings View full list of holdings

As of 06/30/2021

Top Ten Holdings Top Ten Holdings Circle Graph Pinnacle Financial Partners Inc. 2.55% Chart segment spanning Pinnacle Financial Partners Inc.% of the whole. 114.57055214724 Chart segment spanning 89.570552147239% of the whole. West Pharmaceutical Services Inc. 2.55% Chart segment spanning West Pharmaceutical Services Inc.% of the whole. 104.14110429448 Chart segment spanning 79.141104294479% of the whole. Bio-Techne Corp. 2.53% Chart segment spanning Bio-Techne Corp.% of the whole. 93.79345603272 Chart segment spanning 68.79345603272% of the whole. Copart Inc. 2.46% Chart segment spanning Copart Inc.% of the whole. 83.732106339468 Chart segment spanning 58.732106339468% of the whole. Teledyne Technologies Inc. 2.46% Chart segment spanning Teledyne Technologies Inc.% of the whole. 73.670756646217 Chart segment spanning 48.670756646217% of the whole. Vail Resorts Inc. 2.42% Chart segment spanning Vail Resorts Inc.% of the whole. 63.773006134969 Chart segment spanning 38.773006134969% of the whole. American Financial Group Inc.  2.42% Chart segment spanning American Financial Group Inc. % of the whole. 53.875255623722 Chart segment spanning 28.875255623722% of the whole. ServisFirst Bancshares Inc. 2.38% Chart segment spanning ServisFirst Bancshares Inc.% of the whole. 44.141104294479 Chart segment spanning 19.141104294479% of the whole. Catalent Inc. 2.36% Chart segment spanning Catalent Inc.% of the whole. 34.488752556237 Chart segment spanning 9.4887525562372% of the whole. Repligen Corp. 2.32% Chart segment spanning Repligen Corp.% of the whole. 25 Chart segment spanning 2.1316282072803E-14% of the whole.

Number of Holdings

69

% in Top Ten Holdings

24.45%

Total Fund AUM

$273.8M

Sector Weights

As of 03/31/2021

Sector Weights Sector Weights Circle Graph Industrials 16.71% Chart segment spanning Industrials% of the whole. 107.81394631287 Chart segment spanning 82.813946312866% of the whole. Information Technology 16.45% Chart segment spanning Information Technology% of the whole. 90.895299804587 Chart segment spanning 65.895299804587% of the whole. Financials 15.68% Chart segment spanning Financials% of the whole. 74.768589941376 Chart segment spanning 49.768589941376% of the whole. Health Care 13.21% Chart segment spanning Health Care% of the whole. 61.182248277281 Chart segment spanning 36.182248277281% of the whole. Materials 11.58% Chart segment spanning Materials% of the whole. 49.272343926772 Chart segment spanning 24.272343926772% of the whole. Consumer Discretionary 10.25% Chart segment spanning Consumer Discretionary% of the whole. 38.730330145017 Chart segment spanning 13.730330145017% of the whole. Real Estate 8.50% Chart segment spanning Real Estate% of the whole. 29.988172374781 Chart segment spanning 4.9881723747814% of the whole. Energy 2.03% Chart segment spanning Energy% of the whole. 27.900339401419 Chart segment spanning 2.9003394014193% of the whole. Utilities 1.94% Chart segment spanning Utilities% of the whole. 25.905070451507 Chart segment spanning 0.90507045150672% of the whole. Communication Services 0.88% Chart segment spanning Communication Services% of the whole. 25 Chart segment spanning -1.4210854715202E-14% of the whole.

Life Cycle Learn more about this approach

As of 03/31/2021

Rockets

Golden Goodies

Falling Angels

Corks

Turn Arounds

30%

20%

10%

0%

Documents

RMB SMID Cap Fund Materials

Archive

 

 

Investment Terms: Annualized Rate of Return is the geometric mean return of the portfolio calculated for a one-year period.

Fund Operating Expenses1

RMB Capital Management, 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 and acquired fund fees and expenses, if any, and other extraordinary expenses not incurred in the ordinary course of business) do not exceed 0.95% of the SMID Cap Fund average net assets. The expense limitation agreement will remain in effect for one year after commencement of operations and cannot be terminated prior thereto without the approval of the Board of Trustees of RMB Investors Trust (the “Trust”). To the extent the Adviser waives its compensation and/or assumes expenses to satisfy the limitation, 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 (except that amounts waived or assumed with respect to the Predecessor Fund are not eligible for repayment after completion of the Reorganization), provided that the Fund is able to make the repayment without exceeding the lesser of the expense limitation in effect at the time of the waiver/reimbursement or in effect at the time of the repayment.

The Total Annual Fund Operating Expenses for the Fund do not correlate to the Ratio of Expenses to Average Net Assets in the Financial Highlights which reflects the operating expenses of the Funds and does not include acquired fund fees and expenses (“AFFE”). AFFE is estimated for the current fiscal year based on AFFE for the Predecessor Fund. AFFE is estimated to be was less than 0.01%.

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.

Index Definition

  • The RUSSELL 2500® Index measures the performance of the 2,500 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.