Optimum Large Cap Value Fund Class I

Frequently Asked Questions About OILVX

What does OILVX invest in?

Typically, this fund is designed to allocate a minimum of 80% of its total assets—including any capital obtained through borrowing for investment—to equity securities issued by companies with substantial market valuations. This commitment, often referred to as its 80% investment policy, guides its portfolio construction. For the purposes of this fund, "large market capitalization companies" are specifically defined as those firms whose market value closely resembles the companies included in the Russell 1000® Value Index.

What is the expense ratio of OILVX?

Optimum Large Cap Value Fund Class I (OILVX) charges an expense ratio of 0.92%. This is the annual fee deducted from fund assets to cover management and operations.

How big is OILVX?

Optimum Large Cap Value Fund Class I (OILVX) manages $1.92B 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 OILVX actively managed or an index fund?

OILVX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (OILVX's is 0.92%) in exchange for the discretion to over- or under-weight positions.

When was OILVX launched?

Optimum Large Cap Value Fund Class I (OILVX) launched in July 2003 and is managed by the fund issuer.

How has OILVX performed?

OILVX'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.