Optimum Small-Mid Cap Value Fund

Frequently Asked Questions About OISVX

What does OISVX invest in?

Generally, the fund commits a minimum of 80% of its total assets, including any funds borrowed for investment purposes, to the securities of small and medium-sized companies. This fundamental approach is referred to as its 80% policy. For the purposes of this fund's strategy, small-capitalization companies are defined as those with market values consistent with the companies found in the Russell 2000® Value Index, while mid-capitalization companies possess market values similar to the businesses within the Russell Midcap® Value Index.

What is the expense ratio of OISVX?

Optimum Small-Mid Cap Value Fund (OISVX) charges an expense ratio of 1.24%. This is the annual fee deducted from fund assets to cover management and operations.

How big is OISVX?

Optimum Small-Mid Cap Value Fund (OISVX) manages $665.3M 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 OISVX actively managed or an index fund?

OISVX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (OISVX's is 1.24%) in exchange for the discretion to over- or under-weight positions.

When was OISVX launched?

Optimum Small-Mid Cap Value Fund (OISVX) launched in July 2003 and is managed by the fund issuer.

How has OISVX performed?

OISVX'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.