First Quarter 2017 Market Commentary
September 30, 2017
Black Oak Emerging Technology
Ticker: BOGSX
Cusip: 671081404
Load: None
Black Oak Emerging Technology seeks long-term capital growth through companies focused on emerging technologies. We look for emerging technology companies that we believe are well positioned to become market leaders.
Inception Date
Dec 29 2000Number of Holdings
32
Minimum Investment: $2,000
Minimum Subsequent Investment: $25.00
Net Expense Ratio: 1.16%
Gross Expense Ratio: 1.16%
Initial minimum investment is $1,000 when account is opened with a monthly Automatic Investment Plan.
Investment Goal
Black Oak Emerging Technology Fund seeks long-term capital 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 benefit from new technology or significant improvements to existing technology.
The investment process begins with a “top-down” analysis of economic and industry sectors that we believe have the best potential for emerging technology to drive long-term growth. We then focus 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.
Literature
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Black Oak Emerging Technology Fact Sheet
Dec 31, 2017
|
Download PDF |
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Black Oak Emerging Technology Prospectus
Feb 28, 2018
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Download PDF |
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Annual Report
Oct 31, 2017
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Download PDF |
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Semi-annual Report
Apr 30, 2017
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Download PDF |
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Statutory Prospectus
Feb 28, 2018
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Download PDF |
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Statement of Additional Information (SAI)
Feb 28, 2018
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Download PDF |
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Supplement to Prospectus and Statement of Additional Information
Aug 10, 2017
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Download PDF |
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XBRL Data Files
Feb 28, 2018
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Download PDF |
Fund Performance
| BOGSX | S&P 500 Equal Weight Information Technology Index | |
|---|---|---|
| 1 Year | 15.26 | 26.91 |
| 3 Year | 9.83 | 19.91 |
| 5 Year | 14.30 | 21.67 |
| 10 Year | 9.62 | 14.71 |
| Inception Date | Dec 29, 2000 |
| BOGSX | S&P 500 Equal Weight Information Technology Index | |
|---|---|---|
| 1 Year | 15.26 | 26.91 |
| 3 Year | 9.83 | 19.91 |
| 5 Year | 14.30 | 21.67 |
| 10 Year | 9.62 | 14.71 |
| Inception Date | Dec 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 not 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 call 1-888-462-5386.
Daily
Closing price as of 04/23/2018| Share Price | $5.25 |
| Change | -0.03% |
| Year-to-Date Performance | +3.96% |
Fund Manager
Robert D. Stimpson, CFA, CMT
Portfolio Manager
21 years
experience
experience
17 years
with Oak
with Oak
Manager of Black Oak since 2006
Read Bio
Portfolio Holdings
As of Mar 31, 2018
Total Holdings: 32
Total Fund Assets: $37.87 million
(Subject to change)
| Holding | Ticker | |
|---|---|---|
| 6.2 | Apple, Inc. | AAPL |
| 5.3 | DXC Technology Co. | DXC |
| 5.0 | Lam Research Corp. | LRCX |
| 4.8 | Baidu, Inc. | BIDU |
| 4.7 | CA, Inc. | CA |
| 4.3 | Tencent Holdings Ltd. ADR | TCEHY |
| 4.3 | Seagate Technology PLC | STX |
| 4.2 | NetApp, Inc. | NTAP |
| 4.0 | salesforce.com, Inc. | CRM |
| 3.9 | Citrix Systems, Inc. | CTXS |
| 3.9 | Silicon Motion Technology Corp. | SIMO |
| 3.6 | Fortinet, Inc. | FTNT |
| 3.6 | Illumina, Inc. | ILMN |
| 3.4 | Facebook, Inc. | FB |
| 3.4 | F5 Networks, Inc. | FFIV |
| 3.3 | Fidelity Investments Money Market Funds | FIGXX |
| 3.2 | Blucora, Inc. | BCOR |
| 3.2 | NetEase Inc. - ADR | NTES |
| 3.0 | QUALCOMM, Inc. | QCOM |
| 2.9 | Cirrus Logic, Inc. | CRUS |
| 2.8 | Palo Alto Networks, Inc. | PANW |
| 2.2 | CSRA, Inc. | CSRA |
| 2.0 | Cognizant Technology Solutions Corp. | CTSH |
| 2.0 | Ambarella, Inc. | AMBA |
| 1.9 | CSG Systems International, Inc. | CSGS |
| 1.9 | Quality Systems, Inc. | QSII |
| 1.8 | Perficient, Inc. | PRFT |
| 1.6 | Alliance Data Systems Corp. | ADS |
| 1.2 | Science Applications International Corp. | SAIC |
| 1.0 | KEMET Corp. | KEM |
| 0.9 | Dell Technologies, Inc. | DVMT |
| 0.5 | LogMeIn, Inc. | LOGM |
Mutual fund investing involves risk, including the possible loss of principal. Funds that emphasize investments in technology generally will experience greater price volatility. There are additional risks associated with investing in a single-sector fund with a limited number of holdings versus a more broadly diversified portfolio, including greater sensitivity to economic, political, or regulatory developments impacting the sector. Funds that emphasize investments in smaller or mid sized companies may experience greater price volatility.