Rondure Overseas Fund, Inv Class
ROSOX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- P.O. Box 328 Denver CO 80201-0328
- IPO Date
- May 1, 2017
- CIK
- 0000915802
- Similar Companies
- Business
- Rondure Overseas Fund, Investor Class (ROSOX), a series of Northern Lights Fund Trust III, seeks long-term growth of capital primarily by investing at least 80% of its assets in equity securities of issuers organized or headquartered in developed markets outside the United States, or issuers deriving a majority of assets or revenues from such countries; the fund may also allocate to investment grade corporate or government debt obligations, foreign exchange futures contracts, currency forward contracts, and initial public offerings. Managed by Rondure Global Advisors, LLC, a woman-owned investment adviser employing a bottom-up, benchmark-agnostic approach focused on high-quality companies exhibiting strong balance sheets, stable free cash flows, high returns on capital, and compelling competitive advantages, the fund targets a diversified portfolio across market capitalizations with emphasis on consumer staples and discretionary sectors. Launched on May 1, 2017, and headquartered in Salt Lake City, Utah, the fund operated across global developed markets including Europe, Japan, Australia, and others, serving individual and institutional investors through Investor Class (ROSOX) and Institutional Class (ROSIX) shares with expense ratios of 1.10% and 0.85%, respectively. In a major operational change, the fund ceased accepting new investments effective January 9, 2024, liquidated its portfolio into cash equivalents, and fully redeemed all outstanding shares on February 8, 2024, due to insufficient assets under management failing to achieve economies of scale; this closure followed the firm's launch amid partnership with Grandeur Peak Global Advisors in late 2016 and preceded the subsequent liquidation of its sister strategy, Rondure New World Fund, on October 18, 2024, marking the wind-down of Rondure Global Advisors.