P/E Global Enhanced International Fund

A Series of the RBB Fund Trust

Share class: Institutional


The Fund’s investment objective is to seek total return. P/E Global LLC (the “Adviser”) seeks to achieve the Fund’s investment objective primarily by investing in exchange-traded futures, including equity index, such as futures related to the MSCI EAFE Index, and currency (FX) futures.

The Fund may also invest in forward contracts. As the Fund’s equity index and currency exposure is taken primarily through investments in futures contacts, which generally do not require significant collateral, the Fund also expects to invest a significant portion of its assets in instruments for cash management purposes, including fixed-income securities, such as U.S. Treasury securities, money market securities, cash or cash equivalents.

The Adviser employs various qualitative and quantitative investment processes that it refers to as the Enhanced International Equity Strategy on behalf of the Fund.

The Enhanced International Equity Strategy seeks to combine the performance of:

  1. Certain U.S. dollar hedged global equity index futures (referred to as the “International Equity Index Futures Component”), and
  2. the Adviser’s proprietary FX Strategy (Conservative, No-Gold), a strategy focused on the international currency markets that targets a volatility designated by P/E Global as conservative and excludes exposure to gold (the “FX Component”).

The P/E Global Enhanced International Fund is distributed by Quasar Distributors, LLC. The information provided relates to P/E Enhanced International Fund, a series of RBB Fund Trust. P/E Enhanced International Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Past performance is not indicative of future results. Please refer to Prospectus for additional information and compliance disclosures.

MSCI EAFE Index – The MSCI EAFE Index is designed to represent the performance of large and mid-cap securities across 21 developed markets, including countries in Europe, Australasia and the Far East, excluding the U.S. and Canada. The Index is available for a number of regions, market segments/sizes and covers approximately 85% of the free float-adjusted market capitalization in each of the 21 countries. It is not possible to invest directly in an index.

Risks – The Fund has exposure to foreign securities which involve political, economic and currency risks, greater volatility and differences in accounting methods. These risks are greater for investments in emerging markets. The primary types of derivatives in which the Fund invests in are futures contracts. The Fund may also invest in forward contracts. Futures contracts and forward contracts can be highly volatile, illiquid and difficult to value, and changes in the value of such instruments held directly or indirectly by the Fund may not correlate with the underlying instrument. A small position in futures contracts or forward contracts could have a potentially large impact on the Fund’s performance. The Fund should be considered highly leveraged and is suitable only for investors with high tolerance for investment risk. The fund may make short sales, which involves the risk that losses may exceed the original amount invested. The Fund has exposure to mid-cap companies, which involve additional risks such as limited liquidity and greater volatility than larger companies. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities.