Strategy Attributes
- Focused on technology companies of all market cap ranges that possess strong management teams, high revenue growth and proprietary technology.
- Leverages detailed fundamental research and deep industry contacts in seeking to identify "true" earnings potential of each company.
- Our deep and experienced research team consists of seven investment professionals who average more than 15 years of investment experience. Over the years, we have developed and honed a focus on growth investing. We believe the experience of our investment team can exploit inefficiencies in these securities over time.
- Seeks to invest for the long-term and outperform the benchmark over complete market cycles.
Investment Objective
Long-term capital growth.
Style:
Technology Sector
Fund Facts
(Class A)| Inception | 11/15/95 |
| AUM (as of 12/31/11) | $203,479,359 |
| Ticker | RSIFX |
| CUSIP | 74972H606 |
| Minimum Investment | $2,500 |
| Minimum Investment in IRA | $1,000 |
| Minimum Subsequent Investment | $100 |
| Maximum Sales Load | 4.75% |
| Management Fees* | 1.00% |
| Distribution (12b-1) Fees* | 0.25% |
| Other Expenses* | 0.27% |
| Total Annual Fund Operating Expenses* | 1.52% |
| * As reported in the May 1, 2011 Prospectus. | |
As with all mutual funds, the value of an investment in the Fund could decline, so you could lose money. Investing in small- and mid-size companies can involve risks such as having less publicly available information, higher volatility, and less liquidity than in the case of larger companies. Funds that concentrate investments in a certain sector may be subject to greater risk than funds that invest more broadly, as companies in that sector may share common characteristics and may react similarly to market developments or other factors affecting their values. Investments in high-technology and Internet-related sectors may be highly volatile. Companies in these sectors operate in markets that are characterized by rapid change, evolving industry standards, frequent new service and product announcements, introductions, enhancements and changing customer demands. International investing involves special risks, which include changes in currency rates, foreign taxation and differences in auditing standards and securities regulations, political uncertainty and greater volatility.
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.