Optimum Large Cap Growth Instl

Frequently Asked Questions About OILGX

What does OILGX invest in?

The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, if any, in equity securities of large market capitalization companies. For purposes of this fund, large market capitalization companies are those companies whose market capitalization is similar to the market capitalization of companies in the Russell 1000 ® Growth Index. It may also invest in foreign securities, including ADRs and other depositary receipts and shares; derivatives, including futures and options; and fixed income securities, including those rated below investment grade.

What is the expense ratio of OILGX?

Optimum Large Cap Growth Instl (OILGX) charges an expense ratio of 0.95%. This is the annual fee deducted from fund assets to cover management and operations.

How big is OILGX?

Optimum Large Cap Growth Instl (OILGX) manages $1.90B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is OILGX actively managed or an index fund?

OILGX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (OILGX's is 0.95%) because there's no security selection cost.

When was OILGX launched?

Optimum Large Cap Growth Instl (OILGX) launched in July 2003 and is managed by the fund issuer.

How has OILGX performed?

OILGX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.