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Optimum Small-Mid Cap Value Fund Institutional Class (OISVX)

14.74
Net Asset Value
-0.47%
1 Day
+3.58%
Year-to-Date
Overall Morningstar Rating
Small value
Style or Category
No Load
Sales Expenses
1.44%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of small- and mid-market capitalization companies (80% policy). For purposes of this fund, small-market capitalization companies are those companies whose market capitalization is similar to the market capitalization of companies in the Russell 2000  ® Value Index, and mid-market capitalization companies are those companies whose market capitalization is similar to the market capitalization of companies in the Russell Midcap ® Value Index.

Performance

1 month+2.02% 3 years+2.12%
3 months+1.25% 5 years+10.08%
1 year+15.88% Since inception+8.02%
Data through --

Peer Comparisonvs. Small value

 OISVXCategory
Performance 5-yr return+10.08%+12.47%
Expense ratio1.44%1.31%
Risk 5 year sharpe ratio0.800.94
Net assets$422.5M$999.1M
Average market cap$3.9B$3.0B
Average P/E18.217.7
Portfolio turnover30%30%

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Fund Management and Purchase Info

Fund familyMacquarie Investment Management
Fund manager & tenureGrant Taber / 8 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock97.83%
Cash1.02%
International stock0.99%
Fixed income0.15%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 27.31%
Consumer goods 19.91%
Financial service 13.13%
Hardware 10.30%
Healthcare 6.63%
Top 10 Holdings
Portfolio weighting
HII Huntington Ingalls Industries Inc1.35%
AVT Avnet Inc1.27%
DOX Amdocs Ltd1.20%
CHFC Chemical Financial Corp1.15%
WAL Western Alliance Bancorp1.12%
WTFC Wintrust Financial Corp1.08%
JCOM J2 Global Inc1.06%
GWB Great Western Bancorp Inc1.05%
TFX Teleflex Inc1.04%
IDA Idacorp Inc1.00%