Strategy Attributes
- Portfolio of advantaged and growing businesses run by strong management teams, purchased at attractive valuations.
- Disciplined investment process seeks to identify a company's structural, competitive and economic advantages.
- Rigorous valuation methodology applied using discounted cash flow and scenario-based analysis to determine business value and optimal entry points.
- Investment team with, on average, more than 15 years of investment industry experience leverages cumulative knowledge, insight, and judgment.
- High conviction, long-term investment horizon results in portfolio of 20 – 30 companies.
Investment Objective
Long-term capital growth.
Style:
Core Growth
Fund Facts
(Class A)| Inception | 1/18/93 |
| AUM (as of 12/31/11) | $108,244,660 |
| Ticker | RCAPX |
| CUSIP | 74972H218 |
| Minimum Investment | $2,500 |
| Minimum Investment in IRA | $1,000 |
| Minimum Subsequent Investment | $100 |
| Maximum Sales Load | 4.75% |
| Management Fees* | 0.80% |
| Distribution (12b-1) Fees* | 0.25% |
| Other Expenses*1 | 0.30% |
| Total Annual Fund Operating Expenses*2 | 1.35% |
| Fee Waiver/Expense Limitation*2 | -0.10% |
| Net Expenses*2 | 1.25% |
| * As reported in the May 1, 2011 Prospectus. | |
1 Other Expenses are based on estimated amounts of the Fund's current fiscal year.
2 RS Investments has contractually agreed through April 30, 2012, to reduce its management fee with respect to Class A shares of the Fund to the extent that Class A's Total Annual Fund Operating Expenses (excluding expenses indirectly incurred by the Fund through investments in pooled investment vehicles, interest, taxes and extraordinary expenses) exceed 1.25%, and to reduce the management fee paid by each of the other classes of the Fund so that each of those classes bears the same level of management fees as Class A shares during the period. This management fee waiver will continue through April 30, 2012, at which time RS Investments will determine whether or not to renew or revise it.
Total Annual Fund Operating Expenses are based on amounts incurred during the Fund's most recent fiscal year, expressed as a percentage of average net assets during the fiscal year. The decline in the Fund's average net assets over the past year or more due to market volatility and other factors will cause the Fund's expense ratios for the Fund's current fiscal year to be higher than the expense information presented, but not to exceed the expense limitation shown.