Investment Strategy
The Aston/Optimum Large Cap Opportunity Fund invests at least 80% of assets in large-cap companies (greater than $7 billion in market cap) using top-down sector weightings in tandem with bottom-up security selection to build a concentrated portfolio of roughly 30 to 40 stocks.
Objective
The Fund seeks to provide long-term capital appreciation.
Note: Growth stocks are generally more sensitive to market moves and thus may be more volatile than other stocks.
| Fund Overview |
| Inception Date |
12/28/2006 |
| Ticker |
AOLCX |
| Cusip |
00080Y702 |
| Load |
None |
| Fund Statistics (as of
9/30/2008) |
|
|
$6,300,764.46 |
| Expense Ratio |
1.10% |
| Turnover |
68% |
| Weighted Average P/E |
12.60 |
| Weighted Average P/B |
2.70 |
| Median Market Capitalization (in millions) |
$18,039.00 |
|
|
| Sector Breakdown (as of
10/31/2008) |
| Information Technology |
19.21% |
| Health Care |
17.42% |
| Consumer Discretionary |
14.62% |
| Industrials |
13.90% |
| Energy |
13.62% |
| Financials |
11.32% |
| Cash Equivalents & Other |
4.14% |
| Telecommunication Services |
3.79% |
| Materials |
1.97% |
| Consumer Staples |
0.00% |
| Utilities |
0.00% |
Past performance does not guarantee future results. Investment return and principal value of mutual funds will vary with market conditions, so that shares, when redeemed, may be worth more or less than their original cost.
Expense Ratio. A fund's cost of doing business, expressed as a percentage of its assets and disclosed in a prospectus.
Turnover. The number of shares traded for a period as a percentage of the total shares in a portfolio or of an exchange.
Alpha. Measures the difference between a fund’s actual returns and its expected performance, given its level of risk.
Beta. The measure of risk which shows a fund’s volatility relative to an index.
R-Squared. The percentage of a fund’s movement that can be explained by movements in its benchmark index.
Standard Deviation. A statistical measure of the historical volatility of a mutual fund or portfolio, usually computed using 36 monthly returns. More generally, a measure of the extent to which numbers are spread around their average.
Sharpe Ratio. A risk-adjusted measure used to determine reward per unit of risk.