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The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
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Friday, July 5, 2019 RMB Rebrands Two Funds and Transforms a Third RMB Capital's reorganization of the former IronBridge Funds into RMB Investors Trusts took effect on June 24, expanding the RMB Funds family to nine distinct mutual fund offerings. Three former IronBridge Funds now operate within RMB Investors Trust as mutual funds, including: RMB Small Cap Fund, formerly known as the IronBridge Small Cap Fund; RMB SMID Cap Fund, formerly known as the IronBridge SMID Cap Fund; and RMB Dividend Growth Fund, formerly known as the IronBridge Large Cap Fund. The three funds will now operate under new names and tickets. The investment objectives, strategies, portfolio managers, and expenses of the funds with not change, with the exception of the former IronBridge Large Cap Fund, which previously had the investment objective of "capital appreciation" and added a second objective of "current income," as well as other changes to reflect the fund’s investment strategy. "Consolidating the fund complexes for all mutual funds where RMB Capital is the investment adviser enables us to more prudently manage expenses and streamline administration, creating significant operational efficiencies that ultimately benefit shareholders," stated Walter H. Clark, partner and chief operating officer of RMB Capital and president of RMB Investors Trust. "In addition, making these strategies part of the RMB Funds family gives potential investors a more complete view of the full range of our mutual fund offerings." The RMB Small Cap Fund (RMBBX) portfolio managers include Christopher Faber, who has managed the Fund since its inception, and Jeffrey Madden who began co-managing with Faber in 2004. RMB SMID Cap Fund (RMBMX) has been and will continue to be co-managed by Faber and Madden as they have since its inception. RMB Dividend Growth Fund (RMBDX) is a large cap fund and is co-managed by Paul Murphy and Todd Griesbach — Murphy doing so since inception and Todd since last year. RMB Capital is an independent investment advisory firm with approximately $9.4 billion in assets under management. The company has served as the investment adviser for the IronBridgeFunds since it merged with IronBridge Capital Management, LLC in 2017. Printed from: MFWire.com/story.asp?s=59901 Copyright 2019, InvestmentWires, Inc. All Rights Reserved |