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Oakseed Opportunity Fund Institutional Class Changes
If you go by John Park's record at ACTWX, the fund is more likely to shine when the market is going down than when it is going up (as has been the case this year). Take a look at the ACTWX chart from 1998 to 2004.
Multiple caveats here: how much of the SEDEX performance will be driven by Park vs. Jackson; to what extent is the ACTWX performance driven by Park vs. analysts/other team members at the Acorn funds; SEDEX seems to be more large cap focused than ACTWX.
Comments
Regards,
Ted
Fund return Category Index
(S&P 500) % rank in category Quintile rank
YTD::( SEDEX 14.40%) ( Category Return 19.97% ) (S&P 500 Return 17.80%) ( % rank in category 91%( ( Quintile 5 )
Source Lipper
Multiple caveats here: how much of the SEDEX performance will be driven by Park vs. Jackson; to what extent is the ACTWX performance driven by Park vs. analysts/other team members at the Acorn funds; SEDEX seems to be more large cap focused than ACTWX.
BWG