Black Oak Emerging Technology
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
35Investment 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
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Black Oak Emerging Technology Summary Prospectus
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Annual Report
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Semi-Annual Report
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Statutory Prospectus
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Statement of Additional Information (SAI)
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Fund Performance
| BOGSX | S&P 500 Equal Weight Information Technology Index | |
|---|---|---|
| 1 Year | -2.70 | 2.37 |
| 3 Year | 15.22 | 14.13 |
| 5 Year | 12.10 | 13.23 |
| 10 Year | 13.45 | 17.26 |
| Inception Date | Dec 29, 2000 |
| BOGSX | S&P 500 Equal Weight Information Technology Index | |
|---|---|---|
| 1 Year | -7.81 | -3.32 |
| 3 Year | 23.32 | 21.61 |
| 5 Year | 13.84 | 14.35 |
| 10 Year | 14.07 | 17.95 |
| 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.
The S&P 500 Equal Weight Information Technology Index imposes equal weights on the index constituents included in the S&P 500 that are classified in the GICS information technology sector. One cannot invest directly in an index.
Daily
Closing price as of 05/26/2023| Share Price | $6.97 |
| Change | +0.19% |
| Year-to-Date Performance | +10.99% |
Fund Managers
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Portfolio Holdings
As of Mar 31, 2023
| Holding | Ticker | |
|---|---|---|
| 5.7 | Apple, Inc. | AAPL |
| 4.6 | KLA-Tencor Corp. | KLAC |
| 4.5 | Kulicke & Soffa Industries, Inc. | KLIC |
| 4.1 | Diodes, Inc. | DIOD |
| 3.9 | Cirrus Logic, Inc. | CRUS |
| 3.9 | Cohu, Inc. | COHU |
| 3.9 | SolarEdge Technologies, Inc. | SEDG |
| 3.4 | Applied Industrial Technologies, Inc. | AIT |
| 3.4 | Ambarella, Inc. | AMBA |
| 3.3 | salesforce.com, Inc. | CRM |
| 3.2 | Lam Research Corp. | LRCX |
| 3.0 | Nordson Corp. | NDSN |
| 2.9 | Advanced Micro Devices, Inc. | AMD |
| 2.9 | Advanced Energy Industries, Inc. | AEIS |
| 2.8 | PayPal Holdings, Inc. | PYPL |
| 2.7 | Illumina, Inc. | ILMN |
| 2.7 | Science Applications International Corp. | SAIC |
| 2.6 | NextGen Healthcare, Inc. | NXGN |
| 2.5 | Paylocity Holdings Corp. | PCTY |
| 2.5 | Amdocs Ltd. | DOX |
| 2.4 | Fortinet, Inc. | FTNT |
| 2.4 | Perficient, Inc. | PRFT |
| 2.4 | QUALCOMM, Inc. | QCOM |
| 2.3 | Silicon Motion Technology Corp. | SIMO |
| 2.1 | Tesla, Inc. | TSLA |
| 2.1 | Ubiquiti Networks, Inc. | UI |
| 1.9 | F5, Inc. | FFIV |
| 1.9 | Intuitive Surgical, Inc. | ISRG |
| 1.6 | NVIDIA Corp. | NVDA |
| 1.3 | Jack Henry & Associates, Inc. | JKHY |
| 1.2 | Concentrix Corp. | CNXC |
| 1.0 | Calix, Inc. | CALX |
| 1.0 | Cognizant Technology Solutions Corp. | CTSH |
| 0.9 | CSG Systems International, Inc. | CSGS |
| 0.9 | Verint Systems, Inc. | VRNT |
Important Risk Information:
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. Diversification does not ensure a profit or guarantee against loss. Funds that emphasize investments in smaller or mid-sized companies may experience greater price volatility. Funds that emphasize investments in larger companies may underperform and be unable to respond quickly to new competitive challenges and may not be able to attain the high growth rate of successful smaller companies. Growth investing has the risk of being more sensitive to changes in current or expected earnings.
The security holdings are presented to illustrate examples of the securities that the fund has bought an the diversity of areas in which the funds may invest, and may not be representative of the fund's current or future investments. Portfolio holdings are subject to change and should not be considered investment advice. Current and future portfolio holdings are subject to risk.