Investment Goal
White Oak Select Growth Fund seeks long-term growth by investing in stocks of large companies that are key performers within growing industries.
Investment Approach
White Oak is a concentrated mutual fund and usually invests in 25 or fewer 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). We choose stocks of companies that we believe to have above-average growth potential at attractive prices.
Although the Fund is diversified, its investment strategy often involves overweighting the Fund's position in the industry sectors which we believe hold the most growth potential. The three sectors White Oak focuses on today are technology, health care, and financials.
Portfolio Manager
Portfolio Holdings
| As of September 30, 2011 |
| Total Holdings |
26 |
| Total Fund Assets |
$221 million |
| ACE, Ltd. | ACE |
| Amazon.com, Inc. | AMZN |
| Amgen, Inc. | AMGN |
| Broadcom Corp. - Class A | BRCM |
| Cisco Systems, Inc. | CSCO |
| CIT Group, Inc. | CIT |
| Cognizant Technology Solutions Corp. - Class A | CTSH |
| eBay, Inc. | EBAY |
| Express Scripts, Inc. | ESRX |
| Fidelity Institutional Money Market Government Portfolio - Class I | FIGXX |
| Goldcorp, Inc. | GG |
| Google, Inc. - Class A | GOOG |
| International Business Machines Corp. | IBM |
| JPMorgan Chase & Co. | JPM |
| KLA-Tencor Corp. | KLAC |
| M&T Bank Corp. | MTB |
| Qualcomm, Inc. | QCOM |
| Salesforce.com, Inc. | CRM |
| Sprint Nextel Corp. | S |
| Stryker Corp. | SYK |
| TCF Financial Corp. | TCB |
| Teva Pharmaceutical Industries, Ltd. ADR | TEVA |
| The Charles Schwab Corp. | SCHW |
| Transocean, Ltd. | RIG |
| UnitedHealth Group, Inc. | UNH |
| US Bancorp | USB |
The aggregate percentage
of the top 10 holdings is: 53.26%
|
Fund Data
|
Ticker Symbol
|
WOGSX
|
|
Minimum Investment
|
$2,000
|
|
Min. Subsequent Investment
|
$25
|
|
Load
|
None
|
|
Cusip
|
671081107
|
|
Net Expense Ratio
|
1.25%
|
|
Gross Expense Ratio
|
1.34%
|
Daily Performance
|
As of February 3, 2012
|
|
Share Price
|
$41.25
|
|
Change
|
$0.54
|
| |
|
As of February 3, 2012
|
|
|
Year-to-Date Performance
|
10.24%
|
Monthly Performance
As of December 31, 2011
|
|
1 Year
|
‑5.72%
|
|
3 Year
|
19.48%
|
|
5 Year
|
3.01%
|
|
10 Year
|
‑0.26%
|
|
Since Inception
|
7.18%
|
|
Inception Date
|
August 3, 1992
|
Quarterly Performance
As of December 31, 2011
|
|
1 Year
|
‑5.72%
|
|
3 Year
|
19.48%
|
|
5 Year
|
3.01%
|
|
10 Year
|
‑0.26%
|
|
Since Inception
|
7.18%
|
|
Inception Date
|
August 3, 1992
|
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 WOGSX is 1.34%
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.