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

16.58
Net Asset Value
+1.10%
1 Day
+4.94%
Year-to-Date
Overall Morningstar Rating
Long-short equity
Style or Category
No Load
Sales Expenses
2.90%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund pursues its goal 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 may invest in companies in the financial services sector of any size and the portion invested in small, medium or large companies is expected to vary over time based on the subadviser's view as to how to achieve the fund's objective. The fund is non-diversified.

Performance

1 month+12.79% 3 years+11.00%
3 months+9.01% 5 years+15.80%
1 year+1.45% Since inception+7.97%
Data through --

Peer Comparisonvs. Long-short equity

 RMBCXCategory
Performance 5-yr return+15.80%+5.86%
Expense ratio2.90%1.94%
Risk 5 year sharpe ratio1.160.55
Net assets$267.6M$263.4M
Average market cap$3.0B$28.6B
Average P/E15.916.9
Portfolio turnover72%72%

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Fund Management and Purchase Info

Fund familyRMB Funds
Fund manager & tenureAnton Schutz / 12 Years
Minimal initial investment$2,500.00
Minimum IRA investment$100.00

Holdings

U.S. stock72.61%
Fixed income23.70%
Cash3.68%
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
YDKN Yadkin Financial Corp6.44%
BNCN BNC Bancorp6.28%
BAC Bank of America4.54%
SYF Synchrony Financial4.31%
OPB Opus Bank3.83%
COWN Cowen Group Inc3.66%
CFG Citizens Financial Group Inc3.58%
AF Astoria Financial Corp3.49%
C Citigroup3.42%
FFWM First Foundation Inc3.05%