Rmb Mendon is trading at 56.11 as of the 4th of December 2024; that is 0.95 percent decrease since the beginning of the trading day. The fund's open price was 56.65. Rmb Mendon has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Rmb Mendon Financial are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of November 2024 and ending today, the 4th of December 2024. Click here to learn more.
The fund pursues its investment objective by investing at least 80 percent of its net assets in stocks of U.S. companies that are in the financial services industry. 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.. More on Rmb Mendon Financial
Rmb Mendon Financial [RMBLX] is traded in USA and was established 4th of December 2024. Rmb Mendon is listed under RMB Funds category by Fama And French industry classification. The fund is listed under Financial category and is part of RMB Funds family. This fund at this time has accumulated 155.59 M in assets with minimum initial investment of 100 K. Rmb Mendon Financial is currently producing year-to-date (YTD) return of 27.71% with the current yeild of 0.01%, while the total return for the last 3 years was 3.08%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Rmb Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Rmb Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Rmb Mendon Financial Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Rmb Mendon financial ratios help investors to determine whether Rmb Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Rmb with respect to the benefits of owning Rmb Mendon security.