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RMB Mendon Financial Long/Short Fund Class C (RMBCX)

15.73
Net Asset Value
+0.58%
1 Day
-7.63%
Year-to-Date
Overall Morningstar Rating
Long-short equity
Style or Category
No Load
Sales Expenses
2.81%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund pursues its investment objective by investing at least 80% of its net assets (including borrowing, if any) in the common stocks of U.S. companies of any market capitalization that are in the financial services sector. It will take long and short positions in companies in the financial services sector of any size. The fund is non-diversified.

Performance

1 month-2.42% 3 years+6.93%
3 months-2.05% 5 years+11.23%
1 year+6.09% Since inception+8.27%
Data through --

Peer Comparisonvs. Long-short equity

 RMBCXCategory
Performance 5-yr return+11.23%+6.29%
Expense ratio2.81%1.90%
Risk 5 year sharpe ratio1.130.80
Net assets$275.9M$302.8M
Average market cap$1.8B$33.1B
Average P/E20.018.3
Portfolio turnover61%61%

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Fund Management and Purchase Info

Fund familyRMB Funds
Fund manager & tenureAnton Schutz / 13 Years
Minimal initial investment$2,500.00
Minimum IRA investment$100.00

Holdings

U.S. stock74.47%
Fixed income22.55%
Cash2.98%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 100.00%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
PNFP Pinnacle Financial Partners Inc7.56%
PSTB Park Sterling Corp5.35%
OPB Opus Bank4.64%
FFWM First Foundation Inc4.00%
TBK Triumph Bancorp Inc3.97%
ACBI Atlantic Capital Bancshares Inc3.94%
BAC Bank of America3.84%
MCO Moody's Corp3.59%
AF Astoria Financial Corp3.54%
XBKS Xenith Bankshares Inc3.48%