The Wall Street Journal
In "The Journal Report," the Wall Street Journal's July 6 quarterly review of mutual funds, White Oak Select Growth Fund ranked 6th out of 841 Large Cap Growth funds and Pin Oak Aggressive Stock Fund ranked 2nd out of 458 Multi Cap Growth funds for their one-year performance through June 30, according to Lipper.
Mutual fund investing involves risk including loss of principal. In addition to the normal risks associated with investing, narrowly focused investments typically exhibit higher volatility; products in the technology sector are subject to severe competition and obsolescence. There is no assurance that a fund will meet its stated objective.
The performance data quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. Performance data to the most recent month end may be obtained by calling 1.888.462.5386. Lipper rankings are based on total return without regard to sales, deferred sales or redemption charges for the one-year period as of June 30, 2009. Performance as of June 30, 2009 is: White Oak: -14.67% (1 year); -4.93% (5 years); -5.81% (ten years) and 6.20% since inception (August 3, 1992); White Oak’s Lipper rankings for the 3-, 5- and 10-year periods are: 91/717; 568/602 and 275/313 Large Cap Growth funds respectively. Pin Oak: -9.36% (1 year); -1.87% (5 years); -5.54% (10 years) and 3.90% since inception (August 3, 1992). Pin Oak’s Lipper rankings for the 3-, 5- and 10-year periods are: 32/365; 182/306 and 138/150 Multi Cap Growth funds respectively. White Oak: Net expense ratio is 1.25%; Gross expense ratio is 1.41%; Pin Oak Net expense ratio is 1.25%; Gross expense ratio is 1.51%. 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 the Funds’ total operating expenses to 1.25%.
To determine if a Fund is an appropriate investment for you, carefully consider the Fund's investment objectives, risk factors and charges and expenses before investing. This and other information can be found in the Fund's prospectus, which may be obtained on the website at www.oakfunds.com by calling 1.888.462.5386. Read it carefully before investing.
Oak Associates Funds are distributed by SEI Investments Distribution Co., which is not affiliated with Oak Associates, ltd. or any other affiliate.