Reinhart Genesis PMV Fund
Private Market Value is the anchor in our strategy.
PMV is our proprietary methodology for determining a company’s true intrinsic value. PMV is what an acquirer would be willing to pay for the entire company (per share) in a private transaction. It is calculated by observing actual takeover transactions by industry and applying the corresponding, appropriate valuation multiples to each stock we analyze. Owning shares of high quality companies at significant discounts to intrinsic value is a formula for long-term investment success.
Fund at a Glance
| Advisor Class | Investor Class | |
|---|---|---|
| CUSIP | 56166Y230 | 56166Y248 |
| Ticker | RPMFX | RPMAX |
| Inception | 05/31/2018 | 05/31/2018 |
| Benchmark | Russell 2500 Index | Russell 2500 Index |
| Investment Strategy | Small and Mid Cap Core | Small and Mid Cap Core |
| Gross Expense Ratio | 1.28% | 1.53% |
| Net Expense Ratio | 0.95% | 1.20% |
The adviser has contractually agreed to reimburse the Fund for certain expenses through September 28, 2025.
Daily NAV as of 12/6/2023
| Ticker | NAV | $ Change |
|---|---|---|
| RPMFX | 14.03 | -0.04 |
| RPMAX | 13.92 | -0.04 |
Past performance is not a guarantee of future results.
Fund Quick Links
Portfolio Managers
Matthew Martinek, CFA
Principal, Genesis PMV Portfolio Manager
Reinhart Partners, LLC.
Matt Martinek is a Principal and Equity Portfolio Manager at Reinhart Partners, LLC., a Milwaukee, Wisconsin based investment advisory firm. Prior to joining Reinhart, Matt was an Associate Analyst on Small Cap Team at T. Rowe Price. He has 10 years of equity research and portfolio management experience.
Matt was awarded a Bachelor’s degree in Accounting and Finance, Investment & Banking from the University of Wisconsin-Madison, where he was also a member of the Applied Security Analysis Program Class of 2005. Matt earned an MBA from Columbia Business School, where he specialized in Applied Value Investing.
Matt earned his Chartered Financial Analyst designation in 2011 and is a member of the CFA Institute.
Brent Jesko
Principal, Co-Genesis PMV Portfolio Manager
Reinhart Partners, LLC.
Brent Jesko is a Principal and Equity Portfolio Manager at Reinhart Partners, LLC., a Milwaukee, Wisconsin based investment advisory firm. Brent joined Reinhart in 2000 and led Reinhart’s Mid Cap PMV strategy from 2001 - 2022. Prior to joining Reinhart, Brent was an Equity Analyst and Portfolio Manager for another Milwaukee based money manager. He has 20 years of value-investing experience through various business cycles and market environments.
Brent graduated Magna Cum Laude with a Bachelor’s of Business degree from Texas A&M University in 1990. He also earned an M.B.A. from the University of Chicago where he graduated with High Honors in 1995.
Investment minimums:
The minimum initial investment is $5,000.00 The minimum subsequent investment is $100.00 The minimum account balance is $2,500.00
The benchmark for this fund is the Russell 2500 Index. The Russell 2500 Index measures the performance of Russell small and medium size companies. Index returns are provided for comparison purposes to represent the investment existing during the time periods shown. An index is fully invested, includes the reinvestment of dividends and capital gains, but does not include any transaction costs, management fees, or other cost. One cannot invest directly in an index.