Black Oak Emerging Technology Fund

Investment Goal

Black Oak Emerging Technology Fund seeks long-term growth by investing in stocks of companies considered to be well positioned to become market leaders among "emerging" technology companies.

Investment Approach

Black Oak seeks investments in companies that have the potential to develop or are expected to benefit from new technology or significant improvements or enhancements to existing technology. Current examples of emerging technology companies include those developing, producing, or distributing products or services related to computer networking, fiber optics and photonics, data storage, band-width enhancement, wireless and other communication technology, high speed voice, video and data transfer combinations, and health care technology.

The manager’s investment process begins with a top-down analysis of economic and industry sectors that he considers to have the best potential for emerging technology to drive long-term growth. He then focuses on the present or potential key performers in those areas, based on a highly subjective analysis of individual companies’ fundamental values such as earnings growth potential and the quality of corporate management. The investment process generally does not base stock selections on a company’s size but rather on its assessment of a company’s fundamental prospects for growth. Nonetheless, the Fund tends to own stocks of small to medium capitalization and may own stocks of new, less-established companies of any size.

Portfolio Manager

Robert D. Stimpson, CFA >>


Quarterly Factsheet

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Portfolio Holdings

As of September 30, 2016
Total Holdings 33
Total Fund Assets $35 million
Alliance Data Systems Corp.ADS
Ambarella, Inc.AMBA
Apple, Inc.AAPL
Arrow Electronics, Inc.ARW
Barracuda Networks, Inc.CUDA
Blucora, Inc.BCOR
CA, Inc.CA
Cirrus Logic, Inc.CRUS
Citrix Systems, Inc.CTXS
Cognizant Technology Solutions Corp. - Class ACTSH
Computer Sciences Corp.CSC
CSG Systems International, Inc.CSGS
Dell Technologies, Inc. - VMware IncDVMT
F5 Networks, Inc.FFIV
FireEye, Inc.FEYE
Fortinet, Inc.FTNT
Illumina, Inc.ILMN
Infoblox, Inc.BLOX
Lam Research Corp.LRCX
MercadoLibre, Inc.MELI
Palo Alto Networks, Inc.PANW
Perficient, Inc.PRFT
Qualcomm, Inc.QCOM
Qualys, Inc.QLYS, Inc.CRM
Science Applications International Corp.SAIC
Seagate Technology PLCSTX
Silicon Motion Technology Corp. - ADRSIMO
Tessera Technologies, Inc.TSRA
VASCO Data Security International, Inc.VDSI

The aggregate percentage
of the top 10 holdings is: 43.47%

Fund Data

Ticker Symbol BOGSX
Minimum Investment $2,000
Min. Subsequent Investment $25
Load None
Cusip 671081404
Net Expense Ratio 1.36%
Gross Expense Ratio 1.40%

Daily Performance

As of December 9, 2016
Share Price $4.85   
Change $0.00   
As of December 9, 2016
Year-to-Date Performance 19.16%

Monthly Performance

As of September 30, 2016
1 Year 21.33%
3 Year 11.54%
5 Year 14.90%
10 Year 9.00%
Since Inception ‑4.39%
Inception Date December 29, 2000

Quarterly Performance

As of September 30, 2016
1 Year 21.33%
3 Year 11.54%
5 Year 14.90%
10 Year 9.00%
Since Inception ‑4.39%
Inception Date December 29, 2000

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month end, please click on the individual fund name in the Fund Center on the homepage or call 1-888-462-5386. Holdings are subject to change.

All returns for periods greater than one year are annualized. If the Fund is less than 1 year old, cumulative since inception returns are shown. If the Fund is less than 10 years old, annualized return since inception is shown. All year-to-date returns are cumulative.