https://www.sec.gov/Archives/edgar/data/709364/000094937718000265/trf-rmi497.htm497 1 trf-rmi497.htm
The Royce Fund
Supplement to the Investment, Service, and Institutional Class Shares Prospectus Dated May 1, 2018
Royce International Discovery Fund
The Royce Fund’s Board of Trustees approved a plan of liquidation for Royce International Discovery Fund, to be effective on December 28, 2018. The Fund is being liquidated primarily because it has not attracted and maintained assets at a sufficient level for it to be viable. As of November 1, 2018, the Fund was no longer offering its shares for purchase and was not accepting any investments.
November 27, 2018
RMI-SUPP-CLOSE
Comments
Regards,
Ted
https://www.roycefunds.com/news/2018/4Q18/royce-international-discovery-fund-to-close
Another Royce flavor-of-the-month fund to close (or rename, or ….) ?!?!
Sign of the apocalypse.
The fund thats closing ROIMX has attracted just 6.5 million dollars of assets in its 8 year existence , And is down 18.6% YTD.
Matter of fact, 16 of the 17 Royce Mutual Funds are down YTD.
Regards,
Ted
History Of Royce Funds:
https://www.roycefunds.com/about/history/