RBC SMID Cap Growth Fund
RSMRX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
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
- 50 South Sixth Street Minneapolis MN United States of America 55402
- IPO Date
- Nov 21, 2016
- CIK
- 0001272950
- Website
- usmutualfunds.rbcgam.com
- Similar Companies
- Business
- RBC SMID Cap Growth Fund (RSMRX) is an open-end mutual fund that seeks long-term capital appreciation by investing primarily in common stocks of small- and mid-capitalization growth companies exhibiting consistent earnings growth and superior financial characteristics; it employs a bottom-up fundamental research approach with strict risk controls to construct a diversified portfolio benchmarked against the Russell 2500 Growth Index. The fund offers multiple share classes, including Class R6 (ticker: RSMRX, no-load with a net expense ratio of 0.77%), Class A (TMCAX), and Class I (TMCIX), targeting institutional and retail investors with minimum initial investments ranging from $1,000 to $250,000; its portfolio typically allocates over 95% to U.S. equities across sectors like healthcare, industrials, and consumer discretionary, with top holdings such as TechnipFMC PLC and Ollie's Bargain Outlet Holdings Inc.. Domiciled in the United States and part of RBC Funds Trust, advised by RBC Global Asset Management (U.S.) Inc.—formed in 1983 and headquartered in Minneapolis, Minnesota as a subsidiary of Royal Bank of Canada—the fund traces its inception to June 1, 1994, with total net assets of approximately $139 million across classes and daily pricing in USD. Recent developments include portfolio manager transitions, with Richard Drage assuming duties on January 28, 2021, and broader RBC GAM announcements in 2025 regarding sub-advisor changes for related U.S. small- and mid-cap equity funds, such as terminating O'Shaughnessy Asset Management for certain products effective March 13, 2026, alongside mergers into RBC QUBE Funds and restrictions on new investments in small-cap equity funds. The fund operates within the U.S. equity market, focusing on high-quality SMID-cap growth stocks for investors seeking above-average growth potential with managed market risk, distributed by Quasar Distributors, LLC.