The Oak Ridge family of mutual funds embodies our steadfast commitment to serving the investors who place their trust in our judgment. Our mandate is to invest our clients’ assets in high-quality equity opportunities according to each portfolio’s stated investment objective.
OAK RIDGE LARGE CAP GROWTH FUND
ATTRACTIVE RISK / REWARD PROFILE
This portfolio is invested primarily in equity securities of large-cap U.S. companies that we believe offer growth potential at a reasonable price. By no means a passive “blind index” portfolio, the Fund is invested in a moderately concentrated holding of approximately 40–50 positions.
With its focus on large-cap U.S. stocks, this portfolio is generally characterized by large, established companies with well-known names, mature markets with high barriers to entry, and highly accomplished management teams. Nevertheless, our investment team relies on in-depth fundamental research and ongoing review to maintain high portfolio performance standards.
TOP 10 HOLDINGS as of 3/31/20171
|Visa||4.1||Illinois Tool Works||2.6|
Portfolio Characteristics as of 3/31/20172
|Weighted Avg. Market Cap||$213.3B|
|Median Market Cap||$63.4B|
|Average Price/Earnings Ratio (Forecast)||21.4x|
Initial Investment: $10,000 in Class A Shares at net asset value—Time Period: 12/31/06 through 12/31/16
DAILY NAV As of
|NAV $||DAY CHANGE $||YTD CHANGE $||YTD RETURN %|
Annualized Total Returns as of 3/31/20173
|Class A (NAV)||8.84%||11.59%||9.70%||5.54%||4.44%|
|Class A (POP)||2.56||5.15||8.4||4.92||4.10|
|Class I (NAV)||8.87||11.68||9.75||5.71||4.57|
|Russell 1000® Growth Index||8.91||15.76||13.32||9.13||4.60|
Calendar Year Returns as of 3/31/20174
|Class A (NAV)||8.84%||0.40%||4.02%||9.05%||33.36%||11.82%||-1.49%|
|Class A (POP)||2.56||-5.37||-1.94||2.75||25.72||5.37||-7.16|
|Class I (NAV)||8.63||0.39||4.10||9.18||33.31||11.96||-1.30|
For Class A shares, a contingent deferred sales charge (“CDSC”) of 1% will be imposed on certain redemptions of such shares within 12 months of the date of purchase. No sales charge applies on investments of $500,000 or more.
The Fund acquired the assets and liabilities of the Pioneer Oak Ridge Large Cap Growth Fund (the “predecessor fund”) on October 17, 2014, at the same time as a change in control of the Advisor. As a result of the reorganization, the Fund is the accounting successor of the predecessor fund. Performance results shown in the bar chart and the performance table below for the period prior to October 17, 2014, reflect the performance of the predecessor fund. The predecessor fund acquired the assets and liabilities of another fund on February 13, 2004. Performance results shown for the period prior to February 13, 2004 reflect the performance of the prior fund.