RMB Mendon Financial Long/Short Fund Class A (RMBFX)
RMB Mendon Financial Long/Short Fund Class A operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in Chicago, IL. The stock last traded at $6.46, down 0.09% on the session, giving a market capitalisation of $79.8M. Its beta of 1.54 implies it has historically moved more than the broad market.
The primary goal of this investment fund is to achieve growth in capital. To realize this objective, the fund typically commits at least 80% of its net assets (plus any capital obtained through borrowing for investment) to equity instruments issued by companies within the financial services sector, regardless of their market capitalization. It employs both long and short investment strategies with respect to financial services companies of any size. Notably, this fund is classified as non-diversified.
RMB Mendon Financial Long/Short Fund Class A is most often compared with the following Financial Services names: