Rock Oak Core Growth Fund

Investment Goal

Rock Oak Core Growth Fund seeks long-term capital growth by investing primarily in stocks of large companies selected for their growth potential.

Investment Approach

Rock Oak is a more diversified Oak Fund and will normally invest in 35 to 50 stocks. The Fund invests primarily in common stocks of established U.S. companies with large market capitalization (usually defined as companies larger than $5 billion). The manager utilizes a combined approach of “top-down” analysis and “bottom-up” stock selection. The “top-down” approach takes into consideration long-term investment themes, such as globalization, demographics, productivity and innovation. As a result of the “top-down” analysis, the manager identifies sectors, industries and companies which it believes should benefit from the overall themes that the Adviser has observed. As part of the “bottom-up” stock selection, the investment process involves looking for individual companies with earnings growth potential that should exceed the earnings growth rate of the overall market over the long-term, and that may not be fully recognized by the market at large. The manager evaluates a number of different attributes, including the company’s specific market expertise or dominance, its competitive durability and pricing power, solid fundamentals, strong and ethical management, apparent commitment to shareholder interests, earnings growth rates that exceed those of the overall market and what the manager believes to be above-average growth potential with sustainable competitive advantage.

Although the Fund is diversified, its investment strategy often involves overweighting the Fund's position in the industry sectors that we believe hold the most growth potential.

 



Portfolio Manager

Robert Stimpson, CFA >>

 

Quarterly Factsheet

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Portfolio Holdings

As of December 31, 2016
Total Holdings 29
Total Fund Assets $8 million
Autodesk, Inc.ADSK
Broadcom, Ltd.AVGO
CA, Inc.CA
Capital One Financial Corp.COF
Check Point Software Technologies, Ltd.CHKP
Cognizant Technology Solutions Corp. - Class ACTSH
Computer Sciences Corp.CSC
CSRA, Inc.CSRA
Discovery Communications, Inc. - Class ADISCA
F5 Networks, Inc.FFIV
Gilead Sciences, Inc.GILD
Illumina, Inc.ILMN
Jazz Pharmaceuticals PLCJAZZ
L-3 Communications Holdings, Inc.LLL
Liberty Media Corp. - Class ALMCA
Liberty SiriusXM Group - Class ALSXMA
Linear Technology Corp.LLTC
Molson Coors Brewing Co. - Class BTAP
NetApp, Inc.NTAP
Nielsen Holdings PLCNLSN
Salesforce.com, Inc.CRM
Seagate Technology PLCSTX
SunTrust Banks, Inc.STI
Synchrony FinancialSYF
The Hartford Financial Services Group, Inc.HIG
Vantiv, Inc. - Class AVNTV
Western Digital Corp.WDC
Wyndham Worldwide Corp.WYN
Xilinx, Inc.XLNX

The aggregate percentage
of the top 10 holdings is: 44.37%

Fund Data

Ticker Symbol RCKSX
Minimum Investment $2,000
Min. Subsequent Investment $25
Load None
Cusip 671081602
Net Expense Ratio 1.26%
Gross Expense Ratio 1.66%

Daily Performance

As of March 24, 2017
Share Price $14.42   
Change $0.01   
 
As of March 24, 2017
Year-to-Date Performance 6.89%

Monthly Performance

As of January 31, 2017
 
1 Year 25.41%
3 Year 5.75%
5 Year 10.73%
10 Year 6.40%
Since Inception 6.15%
Inception Date December 31, 2004

Quarterly Performance

As of December 31, 2016
 
1 Year 13.01%
3 Year 4.16%
5 Year 11.82%
10 Year 6.12%
Since Inception 5.80%
Inception Date December 31, 2004


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.

The Advisor has contractually agreed for a period of 1 year from the date of the prospectus to waive all or a portion of its fee for the Fund (and to reimburse expenses to the extent necessary) in order to limit Fund total operating expenses to 1.25%. The Total Annual Fund Operating Expenses for RCKSX is 1.55%.

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.