RMB Mendon Financial Services Fund Class A (RMBKX)

45.85
Net Asset Value
+0.28%
1 Day
+5.65%
Year-to-Date
Overall Morningstar Rating
Financial
Style or Category
5
Sales Expenses
1.41%
Expense Ratio
Below Average
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 stocks of U.S. companies that are in the financial services sector. It may invest in companies of any size- but- under normal conditions- the fund invests primarily in mid- small and micro capitalization financial services companies. The advisor intends to remain fully invested with only minimal investments in cash- or short-term debt instruments or money market funds.

Performance

1 month+3.63% 3 years+21.94%
3 months+0.40% 5 years+20.74%
1 year+16.32% Since inception+13.82%
Data through --

Peer Comparisonvs. Financial

 RMBKXCategory
Performance 5-yr return+20.74%+12.74%
Expense ratio1.41%1.73%
Risk 5 year sharpe ratio1.400.90
Net assets$626.2M$499.4M
Average market cap$988.5M$4.0B
Average P/E21.99.7
Portfolio turnover59%59%

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Fund Management and Purchase Info

Fund familyRMB Funds
Fund manager & tenureAnton Schutz / 18 Years
Minimal initial investment$2,500.00
Minimum IRA investment$100.00

Holdings

U.S. stock96.02%
Cash2.47%
Fixed income1.51%
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
FBK FB Financial Corp6.94%
FBNC First Bancorp5.30%
TBK Triumph Bancorp Inc5.07%
OCFC OceanFirst Financial Corp4.64%
CSFL Centerstate Bank Corp4.20%
SSB South State Corp3.95%
LOB Live Oak Bancshares Inc3.63%
LION Fidelity Southern Corp3.29%
EQBK Equity Bancshares Inc3.21%
PNFP Pinnacle Financial Partners Inc2.80%