RMB Japan Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
10.1%
1 yr return
25.1%
3 Yr Avg Return
2.2%
5 Yr Avg Return
6.3%
Net Assets
$23.2 M
Holdings in Top 10
45.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.64%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 18.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
$2,500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
RMBPX - Profile
Distributions
- YTD Total Return 10.1%
- 3 Yr Annualized Total Return 2.2%
- 5 Yr Annualized Total Return 6.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.45%
- Dividend Yield 4.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameRMB Japan Fund
-
Fund Family NameRMB Capital Management
-
Inception DateDec 27, 2017
-
Shares Outstanding3731451
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMasakazu Hosomizu
Fund Description
RMBPX - Performance
Return Ranking - Trailing
Period | RMBPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.1% | 3.1% | 24.1% | 50.00% |
1 Yr | 25.1% | 6.5% | 64.3% | 55.26% |
3 Yr | 2.2%* | -10.9% | 24.4% | 40.00% |
5 Yr | 6.3%* | -1.4% | 20.1% | 57.58% |
10 Yr | N/A* | 2.4% | 13.0% | N/A |
* Annualized
Return Ranking - Calendar
Period | RMBPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.2% | 0.0% | 36.8% | 60.53% |
2022 | -15.4% | -34.0% | 2.8% | 24.32% |
2021 | -9.9% | -15.7% | 14.9% | 76.47% |
2020 | 12.7% | -6.2% | 31.2% | 60.61% |
2019 | 16.3% | 4.7% | 24.4% | 62.50% |
Total Return Ranking - Trailing
Period | RMBPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.1% | 3.1% | 24.1% | 50.00% |
1 Yr | 25.1% | 6.5% | 64.3% | 55.26% |
3 Yr | 2.2%* | -10.9% | 24.4% | 40.00% |
5 Yr | 6.3%* | -1.4% | 20.1% | 57.58% |
10 Yr | N/A* | 2.4% | 13.0% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | RMBPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 19.3% | 2.0% | 42.0% | 50.00% |
2022 | -14.5% | -32.8% | 5.9% | 37.84% |
2021 | -2.6% | -15.1% | 18.0% | 73.53% |
2020 | 13.1% | -3.2% | 34.7% | 63.64% |
2019 | 17.6% | 7.7% | 26.7% | 93.75% |
NAV & Total Return History
RMBPX - Holdings
Concentration Analysis
RMBPX | Category Low | Category High | RMBPX % Rank | |
---|---|---|---|---|
Net Assets | 23.2 M | 5.94 M | 16.4 B | 94.74% |
Number of Holdings | 38 | 27 | 1791 | 84.21% |
Net Assets in Top 10 | 10.9 M | 1.94 M | 3.21 B | 84.21% |
Weighting of Top 10 | 45.34% | 3.5% | 101.6% | 10.53% |
Top 10 Holdings
- Mitsubishi UFJ Financial Group Inc 7.47%
- ITOCHU Corp 6.32%
- Toyota Motor Corp 5.69%
- Mitsui Fudosan Co Ltd 4.68%
- Nintendo Co Ltd 4.08%
- Hitachi Ltd 3.76%
- ORIX Corp 3.63%
- Kao Corp 3.33%
- NEC Corp 3.24%
- Shionogi Co Ltd 3.16%
Asset Allocation
Weighting | Return Low | Return High | RMBPX % Rank | |
---|---|---|---|---|
Stocks | 94.27% | 94.27% | 104.16% | 100.00% |
Cash | 5.73% | 0.02% | 8.41% | 7.89% |
Preferred Stocks | 0.00% | 0.00% | 0.95% | 55.26% |
Other | 0.00% | -5.55% | 0.02% | 47.37% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 55.26% |
Bonds | 0.00% | 0.00% | 0.05% | 55.26% |
RMBPX - Expenses
Operational Fees
RMBPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.64% | 0.09% | 3.46% | 7.89% |
Management Fee | 0.90% | 0.09% | 0.90% | 100.00% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.15% | 0.20% | N/A |
Sales Fees
RMBPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
RMBPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
RMBPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 18.00% | 2.95% | 70.30% | 36.36% |
RMBPX - Distributions
Dividend Yield Analysis
RMBPX | Category Low | Category High | RMBPX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.03% | 0.00% | 21.23% | 18.42% |
Dividend Distribution Analysis
RMBPX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
RMBPX | Category Low | Category High | RMBPX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.45% | -0.63% | 2.45% | 63.16% |
Capital Gain Distribution Analysis
RMBPX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 14, 2023 | $0.434 | OrdinaryDividend |
Dec 13, 2022 | $0.089 | OrdinaryDividend |
Dec 10, 2020 | $0.033 | OrdinaryDividend |
Dec 12, 2019 | $0.115 | OrdinaryDividend |
Dec 13, 2018 | $0.031 | OrdinaryDividend |
RMBPX - Fund Manager Analysis
Managers
Masakazu Hosomizu
Start Date
Tenure
Tenure Rank
Dec 27, 2017
4.43
4.4%
Mr. Hosomizu is the portfolio manager of the Partnership. Mr. Hosomizu is responsible for structuring the Partnership’s portfolio, generating investment ideas and overseeing the investment research process. Mr. Hosomizu graduated from the University of Tokyo with a major in Law in 1998. After graduation, Mr. Hosomizu worked as a stockbroker of Nomura Securities in Japan. In 2001, Mr. Hosomizu moved to Chicago and received his MBA at the University of Chicago. After graduation, Mr. Hosomizu returned to Nomura Securities in New York to serve as a Japanese equity sales representative with key institutional investors in North America among his clients. In October 2005, Mr. Hosomizu became employed by CCM as an equity research analyst with a focus on small cap equity markets in Asia, particularly Japan, South Korea, and Taiwan. Mr. Hosomizu joined the General Partner on September 1, 2013. He is also a CFA Charterholder.
Ilhwa Lee
Start Date
Tenure
Tenure Rank
May 01, 2022
0.08
0.1%
IIhwa Lee is Responsible for the day-to-day management of the Japan Fund’s investment portfolio since May 2022. Vice President and Portfolio Manager of the Adviser (since 2017). Prior experience includes: Crystal Rock Capital Management, Equity Research Analyst (2016-2017); Cambridge Associates Asia Pte Ltd, Investment Director (2012-2015); Artisan Partners, Equity Research Intern (2011); and Mirae Asset Securities, Quant Analyst (2007-2010). Mr. Lee received a BA in Economics and Psychology from Seoul National University and an MBA from the University of Chicago Booth School of Business.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 24.43 | 7.11 | 8.25 |