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RMB Mendon Financial Long/Short Fund Class A (RMBFX)

15.96
Net Asset Value
+0.76%
1 Day
-4.94%
Year-to-Date
Overall Morningstar Rating
Long-short equity
Style or Category
5
Sales Expenses
2.20%
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-0.44% 3 years+9.62%
3 months+7.62% 5 years+15.60%
1 year+0.58% Since inception+9.05%
Data through --

Peer Comparisonvs. Long-short equity

 RMBFXCategory
Performance 5-yr return+15.60%+3.06%
Expense ratio2.20%1.95%
Risk 5 year sharpe ratio1.100.53
Net assets$275.4M$270.1M
Average market cap$2.6B$29.9B
Average P/E14.416.2
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. stock76.39%
Fixed income18.14%
Cash4.27%
International stock1.20%
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 Corp10.38%
BNCN BNC Bancorp4.81%
BAC Bank of America4.73%
SYF Synchrony Financial3.83%
AF Astoria Financial Corp3.60%
C Citigroup3.02%
COWN Cowen Group Inc2.95%
CFG Citizens Financial Group Inc2.85%
NYCB New York Community Bancorp Inc2.67%
KEY KeyCorp2.56%