Manning & Napier Rainier International Discovery Series Class W (RAIWX)
| Fund Assets | 381.63M |
| Expense Ratio | 0.11% |
| Min. Investment | $0.00 |
| Turnover | 66.00% |
| Dividend (ttm) | 1.09 |
| Dividend Yield | 3.71% |
| Dividend Growth | 310.57% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2025 |
| Previous Close | 29.63 |
| YTD Return | 3.51% |
| 1-Year Return | 33.56% |
| 5-Year Return | 17.73% |
| 52-Week Low | 20.62 |
| 52-Week High | 29.65 |
| Beta (5Y) | n/a |
| Holdings | 115 |
| 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.
Performance
RAIWX had a total return of 33.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.99%.
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 | 0.83% |
| FTISX | Fidelity | Fidelity Advisor Intl Small Cap M | 1.45% |
| FIASX | Fidelity | Fidelity Advisor International Small Cap Fund - Class A | 1.20% |
| FIXIX | Fidelity | Fidelity Advisor Intl Small Cap I | 0.95% |
| FISMX | Fidelity | Fidelity International Small Cap Fund | 0.90% |
Top 10 Holdings
25.61% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Government Cash Management Fund | DGCXX | 5.45% |
| Euronext N.V. | ENX | 2.46% |
| Sojitz Corporation | 2768 | 2.44% |
| Definity Financial Corporation | DFY | 2.41% |
| ALK-Abelló A/S | ALK.B | 2.32% |
| St. James's Place plc | STJ | 2.20% |
| OR Royalties Inc. | OR | 2.18% |
| Babcock International Group PLC | BAB | 2.17% |
| Kyoto Financial Group,Inc. | 5844 | 2.03% |
| Swissquote Group Holding SA | SQN | 1.95% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2025 | $1.0913 | Dec 17, 2025 |
| 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 |