TMCIX Mutual Fund Quote

TMCIX -  USA Fund  

USD 20.82  0.47  2.31%

Market Performance
1 of 100
Odds Of Distress
Less than 1
RBC Smid is trading at 20.82 as of the 3rd of December 2021; that is 2.31 percent increase since the beginning of the trading day. The fund's open price was 20.35. RBC Smid has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for RBC Smid Cap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 14th of December 2019 and ending today, the 3rd of December 2021. Click here to learn more.
The fund seeks long-term capital appreciation by normally investing at least 80 percent of its assets in common stocks of small- and mid-capitalization growth companies that fall within the market capitalization range of the Russell 2500 Growth Index at the time of investment. More on RBC Smid Cap

RBC Smid Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. RBC Smid's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding RBC Smid or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
RBC Smid Cap is unlikely to experience financial distress in the next 2 years
The fund maintains 97.99% of its assets in stocks
Legal NameRBC Smid Cap
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of RBC Smid's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
Beta In Three Year1.18
Startdate13th of October 2009
RBC Smid Cap [TMCIX] is traded in USA and was established 3rd of December 2021. The fund is listed under Mid-Cap Growth category and is part of RBC Global Asset Management. family. RBC Smid Cap at this time has accumulated 94.58 M in assets with minimum initial investment of 250 K. , while the total return for the last 3 years was 9.38%.
Check RBC Smid Probability Of Bankruptcy

Instrument Allocation

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on TMCIX Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding RBC Smid , and the less return is expected.

Top RBC Smid Cap Constituents

RBC Smid Target Price Odds Analysis

What are RBC Smid's target price odds to finish over the current price? Based on a normal probability distribution, the odds of RBC Smid jumping above the current price in 90 days from now is about 55.04%. The RBC Smid Cap probability density function shows the probability of RBC Smid mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.0529. This usually implies RBC Smid Cap market returns are sensitive to returns on the market. As the market goes up or down, RBC Smid is expected to follow. Additionally, the company has an alpha of 0.039, implying that it can generate a 0.039 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 20.82HorizonTargetOdds Up 20.82 
44.62%90 days
 20.82 
55.04%
Based on a normal probability distribution, the odds of RBC Smid to move above the current price in 90 days from now is about 55.04 (This RBC Smid Cap probability density function shows the probability of TMCIX Mutual Fund to fall within a particular range of prices over 90 days) .

RBC Smid Cap Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. RBC Smid market risk premium is the additional return an investor will receive from holding RBC Smid long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in RBC Smid. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although RBC Smid's alpha and beta are two of the key measurements used to evaluate RBC Smid's performance over the market, the standard measures of volatility play an important role as well.

RBC Smid Against Markets

Picking the right benchmark for RBC Smid mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in RBC Smid mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for RBC Smid is critical whether you are bullish or bearish towards RBC Smid Cap at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in RBC Smid without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Instant Ratings

Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
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Additionally, take a look at World Market Map. Note that the RBC Smid Cap information on this page should be used as a complementary analysis to other RBC Smid's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for TMCIX Mutual Fund analysis

When running RBC Smid Cap price analysis, check to measure RBC Smid's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy RBC Smid is operating at the current time. Most of RBC Smid's value examination focuses on studying past and present price action to predict the probability of RBC Smid's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move RBC Smid's price. Additionally, you may evaluate how the addition of RBC Smid to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between RBC Smid's value and its price as these two are different measures arrived at by different means. Investors typically determine RBC Smid value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RBC Smid's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.