- 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 $671.3M 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 a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (OISVX's is 1.24%) because there's no security selection cost.
- 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.
