Strategy Attributes
- Focused portfolio of small-cap value companies. Our portfolio tends to be diversified at the sector level, and concentrated at the position level.
- Deep and experienced research team consists of 15 investment professionals in which all members practice company-specific fundamental research.
- Most investments are scrutinized by at least two team members, deepening our knowledge of individual companies. Often, we conduct over 100 hours of research on each name in the portfolio.
- Our goal is to achieve long-term investment excellence. We seek to optimize risk-adjusted returns and subscribe to the mantra "it's not what you make, it's what you keep".
Note: RS Partners Fund is currently offered only to existing shareholders and to investors purchasing shares through certain financial intermediaries.
Investment Objective
The Fund's investment objective is long-term growth.The Fund seeks to increase shareholder capital over the long term.
Style:
Small Cap Value
Fund Facts
(Class A)| Inception | 7/12/95 |
| AUM (as of 6/30/10) | $1,782,588,817 |
| Ticker | RSPFX |
| CUSIP | 74972H408 |
| 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* | 0.31% |
| Total Annual Fund Operating Expenses*1 | 1.60% |
| Fee Waiver/Expense Limitation*1 | -0.07% |
| Net Expenses*1 | 1.53% |
| * As reported in the May 1, 2010 Prospectus. | |
1 RS Investments has contractually agreed through April 30, 2011 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 certain pooled investment vehicles, interest, taxes, and extraordinary expenses) exceed 1.49%, 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.
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.