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RMB Mendon Financial Services Fund To “Soft Close”
FYI: he RMB Mendon Financial Services Fund (the “Fund”) will “soft close” on March 15, 2017. This “soft close” is designed to ensure that the Fund continues to be managed in the best interests of its existing shareholders. Effective as of the close of trading on March 14, 2017, the availability of the Fund to new investors is limited. New investors in the Fund must meet certain requirements as set forth in the Fund’s prospectus to make an investment. Those who are shareholders of the Fund as of March 14, 2017, and who continue to be shareholders thereafter, may make additional investments in the Fund and also reinvest dividends and capital gain distributions in the Fund unless RMB Capital considers such additional purchases not to be in the best interests of the Fund and its other shareholders. Tickers impacted by the soft close are RMBKX, RMBLX, and RMBNX. Regards, Ted http://www.businesswire.com/news/home/20170302006265/en
Comments
Regards,
Ted
RMB Website:
http://rmbfunds.com/
But thanks for the reminder!
RMB Mendon Financial Services Fund to close to new investors
TheShadow TheShadow
RMB INVESTORS TRUST
(formerly Burnham Investors Trust)
RMB MENDON FINANCIAL SERVICES FUND
(formerly Burnham Financial Services Fund)
RMBKX (Class A)
RMBNX (Class C)
Supplement dated January 25, 2017
January 25 http://www.mutualfundobserver.com/discuss/discussion/31125/rmb-mendon-financial-services-fund-to-close-to-new-investors#latest
Regards,
Ted