RBB Free Market International Equity Fund (FMNEX)
The fund normally invests at least 80% of its net assets, including any borrowings for investment purposes, in shares of registered, open-end investment companies and exchange-traded funds that have either adopted policies to invest at least 80% of their assets in equity securities of foreign companies, or invest substantially all of their assets in such equity securities. It will diversify its investments by investing primarily in investment companies that focus on different segments of the foreign equity markets, including emerging markets, with little or no focus on domestic equity markets.
Fund Info
ISIN | US74925K8210 |
---|---|
Issuer | RBB Funds |
Inception Date | Dec 30, 2007 |
Category | Foreign Small & Mid Cap Equities |
Min. Investment | $0 |
Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Value |
Expense Ratio
FMNEX has a high expense ratio of 0.56%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in RBB Free Market International Equity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
RBB Free Market International Equity Fund had a return of 7.26% year-to-date (YTD) and 16.08% in the last 12 months. Over the past 10 years, RBB Free Market International Equity Fund had an annualized return of 4.34%, while the S&P 500 had an annualized return of 10.79%, indicating that RBB Free Market International Equity Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 7.26% | 9.47% |
1 month | 3.73% | 1.91% |
6 months | 17.64% | 18.36% |
1 year | 16.08% | 26.61% |
5 years (annualized) | 7.75% | 12.90% |
10 years (annualized) | 4.34% | 10.79% |
Monthly Returns
The table below presents the monthly returns of FMNEX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -1.88% | 2.19% | 4.56% | -1.28% | 7.26% | ||||||||
2023 | 8.23% | -2.44% | 0.29% | 2.40% | -4.78% | 4.82% | 4.98% | -3.31% | -2.31% | -3.88% | 7.09% | 5.13% | 16.13% |
2022 | -0.44% | -1.50% | -0.18% | -5.48% | 2.37% | -10.11% | 3.61% | -3.79% | -10.04% | 5.06% | 12.27% | -0.68% | -10.54% |
2021 | -0.79% | 5.61% | 3.51% | 2.84% | 4.01% | -2.05% | -0.17% | 1.58% | -2.24% | 2.56% | -5.76% | 5.20% | 14.50% |
2020 | -5.35% | -8.37% | -21.12% | 9.70% | 4.62% | 3.40% | 2.44% | 5.83% | -2.59% | -2.77% | 15.68% | 6.53% | 2.74% |
2019 | 7.61% | 1.79% | -0.93% | 2.93% | -7.12% | 5.48% | -2.39% | -3.30% | 3.74% | 3.82% | 1.02% | 4.75% | 17.72% |
2018 | 5.26% | -5.08% | -1.23% | 1.69% | -2.97% | -2.79% | 2.22% | -2.90% | 0.47% | -9.19% | -0.51% | -5.69% | -19.58% |
2017 | 4.44% | 1.14% | 2.26% | 2.01% | 1.87% | 1.26% | 4.10% | 0.46% | 2.55% | 1.42% | 0.53% | 2.79% | 27.74% |
2016 | -7.04% | -1.59% | 8.69% | 3.54% | -1.76% | -3.03% | 5.79% | 1.09% | 1.95% | -0.32% | -1.17% | 2.64% | 8.11% |
2015 | -0.53% | 6.42% | -2.01% | 5.64% | 0.10% | -2.23% | -1.88% | -6.17% | -4.63% | 6.10% | -1.28% | -1.59% | -2.95% |
2014 | -2.98% | 5.75% | 0.56% | 0.56% | 1.30% | 1.65% | -2.34% | 0.74% | -5.59% | -1.65% | -0.59% | -2.63% | -5.54% |
2013 | 4.20% | -0.87% | 0.99% | 3.15% | -1.90% | -3.87% | 6.04% | -1.27% | 8.33% | 3.75% | -0.10% | 2.12% | 21.83% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FMNEX is 52, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
FMNEX (RBB Free Market International Equity Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for RBB Free Market International Equity Fund (FMNEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
RBB Free Market International Equity Fund granted a 2.32% dividend yield in the last twelve months. The annual payout for that period amounted to $0.28 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.28 | $0.28 | $0.34 | $0.15 | $0.30 | $0.26 | $0.36 | $0.38 | $0.29 | $0.32 | $0.42 | $0.34 |
Dividend yield | 2.32% | 2.49% | 3.46% | 1.31% | 3.03% | 2.56% | 4.12% | 3.30% | 3.17% | 3.60% | 4.44% | 3.27% |
Monthly Dividends
The table displays the monthly dividend distributions for RBB Free Market International Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.34 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.30 |
2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 | $0.38 |
2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.32 |
2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 | $0.42 |
2013 | $0.34 | $0.34 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the RBB Free Market International Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the RBB Free Market International Equity Fund was 59.01%, occurring on Mar 9, 2009. Recovery took 539 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-59.01% | May 19, 2008 | 202 | Mar 9, 2009 | 539 | Apr 27, 2011 | 741 |
-47.35% | Jan 29, 2018 | 541 | Mar 23, 2020 | 248 | Mar 17, 2021 | 789 |
-29.09% | May 2, 2011 | 146 | Nov 25, 2011 | 446 | Sep 9, 2013 | 592 |
-26.71% | Jul 7, 2014 | 405 | Feb 11, 2016 | 302 | Apr 25, 2017 | 707 |
-26.61% | Jan 13, 2022 | 188 | Oct 12, 2022 | 303 | Dec 27, 2023 | 491 |
Volatility
Volatility Chart
The current RBB Free Market International Equity Fund volatility is 3.44%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.