Red Oak Technology Select Fund

Red Oak Technology Select Fund Recognized by U.S. News and Charles Schwab’s Mutual Fund OneSource Select List® for the Third Quarter

Akron, Ohio – March 1, 2014

U.S. News recently ranked Red Oak Technology Select Fund as #2 out of 51 technology funds evaluated for long-term investors based on the ratings of leading fund industry researches.

Red Oak Technology Select Fund (ROGSX) was named to Charles Schwab’s (“Schwab”) Mutual Fund OneSource Select List® and Schwab’s Mutual Fund Select List Advisor Edition® for the third quarter of 2013. The Select List is a list of no-load funds that have passed a rigorous screening for performance, risk and expenses by Charles Schwab Investment Advisory, Inc. The Select List Advisor Edition is a list of funds available to independent investment advisors without a loan or transaction fee that have distinguished themselves under a stringent quantitative and qualitative analysis by Charles Schwab Investment Advisory, Inc.

Red Oak Technology Select Fund invests primarily in technology companies. The investment process involves identifying what the manager believes are the most attractive areas within technology and then narrowing the search to individual stocks. Stock selection is based on the assessment of a holding’s fundamental outlook and the Fund can invest in companies of any size.

Investment Goal

Red Oak Technology Select Fund seeks long-term capital growth by investing primarily in stocks of companies which rely extensively on technology for their product development or operations.  The Fund also seeks companies whose earnings and sales growth may be driven by technology-related products and services.

Investment Approach

Red Oak is a sector-specific mutual fund that invests primarily in technology companies that develop, produce, or distribute products or services related to computers, semi-conductors, and electronics. The manager’s investment process involves identifying what are believed to be the most attractive areas within technology and narrowing the search to individual stocks. The manager generally does not base stock selections on a company’s size, but rather on the assessment of its fundamental outlook. The manager invests with a long-term focus and seeks to keep the Fund’s portfolio turnover to a minimum relative to its peers.



Portfolio Manager

Mark W. Oelschlager, CFA >>

 

Quarterly Factsheet

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Portfolio Holdings

As of December 31, 2016
Total Holdings 41
Total Fund Assets $258 million
Accenture PLC - Class AACN
Alliance Data Systems Corp.ADS
Alphabet, Inc. - Class AGOOGL
Alphabet, Inc. - Class CGOOG
Amazon.com, Inc.AMZN
Apple, Inc.AAPL
Arrow Electronics, Inc.ARW
CA, Inc.CA
Check Point Software Technologies, Ltd.CHKP
Cisco Systems, Inc.CSCO
Computer Sciences Corp.CSC
Corning, Inc.GLW
CSG Systems International, Inc.CSGS
CSRA, Inc.CSRA
Dell Technologies, Inc. - Class VDVMT
eBay, Inc.EBAY
Facebook, Inc. - Class AFB
Flextronics International, Ltd.FLEX
Hewlett Packard Enterprise Co.HPE
HP, Inc.HPQ
Huntington Ingalls Industries, Inc.HII
IAC/InterActive Corp.IAC
Intel Corp.INTC
International Business Machines Corp.IBM
Juniper Networks, Inc.JNPR
Keysight Technologies, Inc.KEYS
KLA-Tencor Corp.KLAC
Marvell Technology Group, Ltd.MRVL
Microsoft Corp.MSFT
NetApp, Inc.NTAP
Northrop Grumman Corp.NOC
NVIDIA Corp.NVDA
Oracle Corp.ORCL
Qualcomm, Inc.QCOM
Red Hat, Inc.RHT
Symantec Corp.SYMC
Synopsys, Inc.SNPS
Total System Services, Inc.TSS
VMware, Inc. - Class AVMW
Western Digital Corp.WDC
Xilinx, Inc.XLNX

The aggregate percentage
of the top 10 holdings is: 38.08%

Fund Data

Ticker Symbol ROGSX
Minimum Investment $2,000
Min. Subsequent Investment $25
Load None
Cusip 671081305
Net Expense Ratio 1.23%
Gross Expense Ratio 1.23%

Daily Performance

As of March 24, 2017
Share Price $21.73   
Change $‑0.01   
 
As of March 24, 2017
Year-to-Date Performance 8.49%

Monthly Performance

As of January 31, 2017
 
1 Year 38.38%
3 Year 14.88%
5 Year 17.24%
10 Year 11.94%
Since Inception 4.58%
Inception Date December 31, 1998

Quarterly Performance

As of December 31, 2016
 
1 Year 24.62%
3 Year 12.92%
5 Year 18.36%
10 Year 11.49%
Since Inception 4.37%
Inception Date December 31, 1998


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. Products of companies in which technology funds invest may be subject to severe competition and rapid obsolescence. *If the fund is less than 1 year old, cumulative return since inception is shown; if the fund is less than 10 years old, annualized return since inception is shown.

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.