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RMB Mendon Financial Services Fund Class A (RMBKX)

33.44
Net Asset Value
+1.77%
1 Day
+3.50%
Year-to-Date
Overall Morningstar Rating
Financial
Style or Category
5
Sales Expenses
1.69%
Expense Ratio
Low
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 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+3.54% 3 years+14.97%
3 months+3.83% 5 years+19.56%
1 year+18.34% Since inception+12.56%
Data through --

Peer Comparisonvs. Financial

 RMBKXCategory
Performance 5-yr return+19.56%+7.42%
Expense ratio1.69%1.85%
Risk 5 year sharpe ratio1.250.63
Net assets$287.2M$278.4M
Average market cap$596.9M$29.2B
Average P/E15.413.7
Portfolio turnover62%62%

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Fund Management and Purchase Info

Fund familyRMB Funds
Fund manager & tenureAnton Schutz / 17 Years
Minimal initial investment$2,500.00
Minimum IRA investment$100.00

Holdings

U.S. stock90.95%
Fixed income5.46%
Cash3.59%
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 Corp8.91%
BNCN BNC Bancorp5.12%
ACBI Atlantic Capital Bancshares Inc3.56%
TBK Triumph Bancorp Inc2.85%
OPB Opus Bank2.72%
PSTB Park Sterling Corp2.35%
ABCB Ameris Bancorp2.26%
SFST Southern First Bancshares Inc2.22%
EQBK Equity Bancshares Inc2.14%
FBMS First Bancshares Inc2.06%

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