Manning & Napier Rainier International Discovery Series Class W (RAIWX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
28.43
+0.12 (0.42%)
Jul 17, 2025, 4:00 PM EDT
15.52%
Fund Assets422.31M
Expense Ratio0.11%
Min. Investment$0.00
Turnover66.00%
Dividend (ttm)0.27
Dividend Yield0.94%
Dividend Growth-51.35%
Payout FrequencyAnnual
Ex-Dividend DateDec 12, 2024
Previous Close28.31
YTD Return23.56%
1-Year Return15.97%
5-Year Return42.41%
52-Week Low21.42
52-Week High28.59
Beta (5Y)n/a
Holdings118
Inception DateMar 1, 2019

About RAIWX

The Manning & Napier Rainier International Discovery Fund is a mutual fund focused on delivering long-term capital appreciation through strategic investments in the common stock of small- and mid-capitalization companies located outside the United States. The fund primarily targets equities in both developed and emerging international markets, selecting companies that demonstrate strong growth potential, clear earnings drivers, and attractive valuations. Employing a bottom-up, fundamental analysis approach, the investment team actively evaluates opportunities across a broad range of sectors and regions, aiming to balance growth prospects with risk controls. The fund typically aligns its market capitalization range with the MSCI ACWI ex USA Small Cap Index but retains flexibility in portfolio construction as long as holdings fit its investment criteria. Its diversified approach makes it suitable for investors seeking international diversification and exposure to dynamic smaller companies. The fund maintains a competitive cost structure among peers and is managed by an experienced team supported by a robust investment process, reinforcing its significance in the global small- and mid-cap equity segment of the financial market.

Fund Family Manning & Napier
Category Foreign Small/Mid Growth
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol RAIWX
Share Class Class W
Index MSCI ACWI Ex US Small Cap ND

Performance

RAIWX had a total return of 15.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.44%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FIQIXFidelityFidelity Advisor International Small Cap Fund - Class Z0.92%
FTISXFidelityFidelity Advisor International Small Cap Fund - Class M1.54%
FIASXFidelityFidelity Advisor International Small Cap Fund - Class A1.29%
FIXIXFidelityFidelity Advisor International Small Cap Fund - Class I1.04%
FISMXFidelityFidelity International Small Cap Fund1.00%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
RAIRXClass Z1.01%
RAIIXClass I1.16%
RISAXClass S1.41%

Top 10 Holdings

24.27% of assets
NameSymbolWeight
Euronext N.V.ENX2.93%
Saab AB (publ)SAAB.B2.88%
Babcock International Group PLCBAB2.68%
Definity Financial CorporationDFY2.59%
Dreyfus Government Cash Mgmt Instln/a2.57%
Scout24 SEG242.29%
Swissquote Group Holding LtdSQN2.26%
Element Fleet Management Corp.EFN2.09%
Japan Elevator Service Holdings Co.,Ltd.65442.05%
ALK-Abelló A/SALK.B1.94%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 12, 2024$0.2658Dec 13, 2024
Dec 13, 2023$0.5463Dec 14, 2023
Dec 13, 2022$0.2266Dec 14, 2022
Dec 14, 2021$3.9476Dec 15, 2021
Dec 15, 2020$0.723Dec 16, 2020
Dec 16, 2019$0.2121Dec 17, 2019
Full Dividend History