River Oak Discovery

Investment Goal

River Oak Discovery Fund seeks long-term capital growth by investing primarily in stocks of smaller companies selected for their growth potential.

Investment Approach

River Oak invests primarily in common stocks of small capitalization U.S. companies with equity market capitalizations of less than $3 billion that are rapidly growing and may not yet be fully discovered by Wall Street. 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 those overall themes. 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. The Manager evaluates a number of different attributes, including the company’s specific market expertise or dominance, its competitive durability and pricing power; River Oak seeks companies with solid fundamentals, strong and ethical management, apparent commitment to shareholder interests, and what the Manager believes to be above-average growth potential with a sustainable competitive advantage.

The Fund is most appropriate for an investor who seeks a diversified way to participate in the growth potential of smaller capitalization companies.