- What does RISAX invest in?
- The primary objective of this fund is to achieve significant long-term capital appreciation. It predominantly invests in the stock of small and mid-sized companies located in both developed and emerging international markets, specifically at the time these investments are made. The fund's advisor, Rainier, employs a distinctive "bottom-up" selection strategy, focusing on individual companies believed to have strong potential for future value growth. Investment decisions are based on in-depth analysis of these specific businesses, rather than on broader economic predictions. A specific constraint limits investments in participatory notes to generally no more than 25% of the fund's net assets upon their acquisition.
- What is the expense ratio of RISAX?
- Manning & Napier Rainier International Discovery Series Class S (RISAX) charges an expense ratio of 1.41%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is RISAX?
- Manning & Napier Rainier International Discovery Series Class S (RISAX) manages $376.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is RISAX actively managed or an index fund?
- RISAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was RISAX launched?
- Manning & Napier Rainier International Discovery Series Class S (RISAX) launched in November 2012 and is managed by the fund issuer.
- How has RISAX performed?
- RISAX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
