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Mutual Funds > Equity Funds > RBC Microcap Value Fund

RBC Microcap Value Fund

Investment Strategy

Invests in a diversified portfolio of the smallest companies that have been neglected by institutional shareholders. Utilizing a quantitative process to identify value-oriented investments, the Fund strives to achieve long-term growth while offering shareholders some protection from market declines and fluctuations.
Investment Objective
The Fund seeks long-term growth of capital.

Daily Prices

As of 4/24/2014 NAV $ Change % Change
A Shares  $27.59 -$0.08 -0.29%
I Shares  $27.61 -$0.08 -0.29%
CLICK ON THE PERFORMANCE TAB ABOVE FOR STANDARDIZED PERFORMANCE. Performance data quoted represents past performance; past performance 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 lower or higher than performance quoted. Performance data current to the most recent month end may be found at the link above or by calling 800-422-2766.

Security Description

  Ticker CUSIP Inception Date
A Shares TMVAX 74926P829 4/19/2004
I Shares RMVIX 74926P365 11/27/2012

Fund Overview

  As of 3/31/2014
P/E (forward 12 month)17.3x
Weighted Average Market Cap556.00 Million
Return On Equity (5 year)7.20%
Turnover (Prior Fiscal Year-End)4.00%
Price to earnings ratio (P/E) is a common tool for comparing the prices of different common stocks and is calculated by dividing the current market price of a stock by the earnings per share.

Weighted Average Market Cap is the average market capitalization of all companies in a fund with each company weighted according to its percent held in the fund.

Return on Equity (ROE) is a measure of a corporation’s profitability. Represents average return on equity on the securities in the portfolio, not the actual return on equity on the portfolio.

The Russell 2000 Value Index is an unmanaged index that measures the performance of small cap companies in the Russell 3000 Index with lower price-to-book ratios and lower forecasted growth rates. You can not invest directly in this index.

The Russell Microcap Value Index measures the performance of the microcap value segment of the U.S. Equity market. It includes those Russell Microcap Index companies with lower price-to-book ratios and lower forecasted growth values. You can not invest directly in this index.

Diversification does not assure a profit or protect against a loss in a declining market.

Performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than performance quoted. Class A reflects a maximum 5.75% sales charge. Performance information does not reflect the 2% fee on shares redeemed or exchanged within 30 days of purchase. If such redemption fee was included, performance would be reduced.

Mutual fund investing involves risk. Principal loss is possible. Investing in small and micro cap companies involves additional risks, including greater fluctuations in value and less liquidity than larger companies. The Fund invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are more fully described in the prospectus.

Before investing, you should carefully consider a fund’s investment objectives, risks, charges and expenses. This and other information is included in the prospectus, which you can request by visiting /mutual-funds/literature/content/default.fs or calling 800.422.2766. Please read the prospectus carefully before investing.

RBC Global Asset Management (U.S.) Inc. serves as investment adviser for RBC Funds. The RBC Funds are distributed by Quasar Distributors, LLC.

NOT FDIC INSURED. NO BANK GUARANTEE. MAY LOSE VALUE.


 

Key Data

Benchmark
Russell 2000 Value Index
Index
Russell Microcap Value Index
Total Net Assets (As of 3/31/2014)
$149.42 Million
Dividend Frequency
Annually
Minimum Initial Investment
$250,000 I Shares
$1,000 All Other Classes
 
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