Rainier Investment Management, LLC, an independent,
employee-owned investment management firm, is pleased to announce
that Rainier International Discovery Fund (RAIIX) marked its third
anniversary and received a Five-Star Overall Morningstar Rating™
out of 127 funds in the Foreign Small/Mid Growth category for the
period ending 3/31/15.
This rating, the highest possible from Morningstar, is based on
risk-adjusted returns derived from a weighted average of the Fund’s
three-year Morningstar metrics. Morningstar rates mutual funds from
1 to 5 stars based on how well they have performed after adjusting
for risk and accounting for sales charges, in comparison to similar
funds.
Rainier International Discovery Fund is managed by Henrik
Strabo, Head of International Investments, who brings over 27 years
of investing experience in all cap ranges of global markets. Henrik
is supported by Mac Rygiel, Senior Portfolio Analyst and Derrick
Tzau, Portfolio Analyst, as well as Rainier’s dedicated trading
team. Clients can invest via separate account, collective trust and
mutual fund vehicles.
“We are pleased to celebrate this milestone and are honored to
have received a Five-Star Overall Morningstar Rating for RAIIX,”
said Mark Dawson, Chief Investment Officer at Rainier. "Henrik and
his team use a disciplined fundamental stock selection process
focused on in-depth research of non-US small-cap growth companies
that exhibit solid underlying fundamentals.”
Since its inception (03/28/2012) through 03/31/2015, the Fund
has achieved an annualized return of 18.55%. It outperformed its
benchmark, the MSCI ACWI ex USA Small Cap Index by 11.16%, which
produced an annualized return of 7.39% over the three year period,
ending March 31, 2015. The International Discovery Fund and the
MSCI ACWI ex USA Small Cap Index returned 4.81% and -3.60%
respectively for the one-year period ended 3/31/2015.
Gross and Net Expense Ratios for Institutional are 1.61% and
1.25% respectively. Net expense ratio reflects contractual fee
waivers in effect through July 31, 2014. While the fund is no load,
management & other expenses still apply.
Performance data quoted represents past performance, which does
not guarantee future results. The investment return and principal
value of an investment will fluctuate so that an investor’s shares,
when redeemed, may be worth more or less than their original cost.
Current performance may be higher or lower than quoted. Most recent
month end performance is available by calling 800.280.6111.
In addition to serving large institutional clients,
Rainier's strategies are also available to financial advisers
and individual investors through the Rainier Funds. Funds span the
market capitalization spectrum, and include both equity and fixed
income portfolios. Available mutual funds include Rainier Large Cap
Equity Fund (RIMEX), Rainier Mid Cap Equity Fund (RIMMX),
Rainier Small/Mid Cap Equity Fund (RIMSX), Rainier
Intermediate Fixed Income Fund (RIFMX), Rainier High Yield Fund
(RIMYX), and Rainier International Discovery Fund (RAIIX).
About Rainier Investment Management, LLC
Seattle-based Rainier Investment Management is an independent,
employee-owned investment management firm dedicated to serving
clients since 1987. We believe that rewarding stock performance
comes from companies that exhibit superior growth potential,
attractive valuations, competitive strength and financial
integrity. Rainier provides international equity, domestic equity
and fixed income portfolio management to financial advisers,
institutional investors and individual investors through the
Rainier Funds. Rainier is headquartered in Seattle,
Washington with an office in New York City. Please visit
www.rainierfunds.com for more information.
Mutual fund investing involves risk. Principal loss is
possible. Small- and medium- capitalization companies tend to have
limited liquidity and greater price volatility than
large-capitalization companies. Investment in IPO’s can be volatile
and can fluctuate considerably. IPO’s can have magnified impact on
funds with a small asset base. Investments in foreign securities
and emerging markets countries involve greater volatility and
political, economic, and currency risks and differences in
accounting methods. These risks are greater for emerging markets.
Investment in REIT securities involve risks such as declines in the
value of real estate and increased susceptibility to adverse
economic regulatory expenses. The fund will invest in derivatives
which may be more volatile than investments directly in the
underlying securities, involve additional costs and may involve a
small initial investment relative to the risk assumed.
The Fund’s investment objectives, risks, charges, and expenses
must be considered carefully before investing. The summary and
statutory prospectuses contain this and other important information
about the investment company, and may be obtained by calling
800.280.6111 or visiting www.rainierfunds.com. Read them carefully
before investing.
The MSCI ACWI ex USA Small Cap Index (Net) is a free
float-adjusted market capitalization weighted index that is
designed to measure the equity market performance of small
capitalization developed and emerging markets, excluding the United
States. “Net” indicates that this series approximates the minimum
possible dividend reinvestment. The dividend is reinvested after
deduction of withholding tax, applying the rate applicable to
non-resident individuals who do not benefit from double taxation
treaties. MSCI uses withholding tax rates applicable to Luxembourg
holding companies. You cannot invest directly in an Index.
About Morningstar Ratings
For each fund with at least a three-year history, Morningstar
calculates a Morningstar RatingTM based on a Morningstar
Risk-Adjusted Return measure that accounts for variation in a
fund’s monthly performance (including the effects of sales charges,
loads, and redemption fees), placing more emphasis on downward
variations and rewarding consistent performance. The top 10% of
funds in each category receive 5 stars, the next 22.5% receive 4
stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars
and the bottom 10% receive 1 star. (Each share class is counted as
a fraction of one fund within this scale and rated separately,
which may cause slight variations in the distribution percentages.)
The Overall Morningstar Rating for a fund is derived from a
weighted average of the performance figures associated with its
three-, five- and ten-year (if applicable) Morningstar Rating
metrics. Rainier International Discovery Fund (RAIIX) was rated
against the following numbers of Foreign Small/Mid Growth funds
over the following time periods: 127 funds in the last three years.
With respect to these Foreign Small/Mid Growth funds, Rainier
International Discovery Fund l received a Morningstar Rating of
five stars for the three-year period. Ratings for the A Share
classes may differ.
©2015 Morningstar, Inc. All Rights Reserved. The information
contained herein (1) is proprietary to Morningstar (2) may not be
copied or distributed and (3) is not warranted to be accurate,
complete or timely. Neither Morningstar nor its content providers
are responsible for any damages or losses arising from any use of
this information. Past performance is not a guarantee of future
results.
The Rainier Funds are distributed by Quasar Distributors,
LLC.
Media:Hewes Communications, Inc.Tucker Hewes,
212-207-9451tucker@hewescomm.com
Angel Oak Fds TR High Yield Opportunities FD CL A (MM) (NASDAQ:RIMYX)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
Angel Oak Fds TR High Yield Opportunities FD CL A (MM) (NASDAQ:RIMYX)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024
