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

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
28.39
+0.14 (0.50%)
Jul 3, 2025, 4:00 PM EDT
20.14%
Fund Assets 422.31M
Expense Ratio 0.11%
Min. Investment $0.00
Turnover 66.00%
Dividend (ttm) 0.27
Dividend Yield 0.94%
Dividend Growth -51.35%
Payout Frequency Annual
Ex-Dividend Date Dec 12, 2024
Previous Close 28.25
YTD Return 24.30%
1-Year Return 21.50%
5-Year Return 47.89%
52-Week Low 21.42
52-Week High 28.48
Beta (5Y) n/a
Holdings 118
Inception Date Mar 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 21.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.60%.

Equivalent Funds

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

Symbol Provider Name Expense Ratio
FIQIX Fidelity Fidelity Advisor International Small Cap Fund - Class Z 0.92%
FTISX Fidelity Fidelity Advisor International Small Cap Fund - Class M 1.54%
FIASX Fidelity Fidelity Advisor International Small Cap Fund - Class A 1.29%
FIXIX Fidelity Fidelity Advisor International Small Cap Fund - Class I 1.04%
FISMX Fidelity Fidelity International Small Cap Fund 1.00%

Other Share Classes

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

Symbol Share Class Expense Ratio
RAIRX Class Z 1.01%
RAIIX Class I 1.16%
RISAX Class S 1.41%

Top 10 Holdings

24.27% of assets
Name Symbol Weight
Euronext N.V. ENX 2.93%
Saab AB (publ) SAAB.B 2.88%
Babcock International Group PLC BAB 2.68%
Definity Financial Corporation DFY 2.59%
Dreyfus Government Cash Mgmt Instl n/a 2.57%
Scout24 SE G24 2.29%
Swissquote Group Holding Ltd SQN 2.26%
Element Fleet Management Corp. EFN 2.09%
Japan Elevator Service Holdings Co.,Ltd. 6544 2.05%
ALK-Abelló A/S ALK.B 1.94%
View More Holdings

Dividend History

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