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OEGIX

Discovery Mid Cap Growth Fund

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Overview

The Strategy typically invests in mid-cap U.S. growth stocks.

Inception Date
February 28, 2013
Investment Style
Mid Cap Growth
Fund Index
Russell Midcap® Growth Index
CUSIP
68379Y600
NAV
  • A
(as of 11/22/2017)
$24.42
Total Assets
(as of 10/31/2017)
$1.02 BN
Gross Expense Ratio
(as of 10/31/2017)
0.71%
Net Expense Ratio
(as of 10/31/2017)
0.71%
Performance
Average Annual Total Returns
Cumulative Returns
Calendar Year Returns
Capital Gains Distributions
as of 10/31/2017
  • B
as of 09/30/2017
  • B

Sales charges are not applicable to Y & I Share Classes.
Cumulative
Annualized
1 mo 3 mo ytd as of 2017-09-30
  • C
1 yr 3 yr since inception
Discovery Mid Cap Growth Fund (NAV)
2.01% 5.29% 20.41% 17.05% 11.39% 13.44%
Cumulative
Annualized
1 mo 3 mo ytd as of 2017-10-31
  • C
1 yr 3 yr since inception
Discovery Mid Cap Growth Fund (NAV)
4.76% 8.46% 26.14% 27.94% 12.18% 14.31%
Gross Expense Ratio: 0.71% | Net Expense Ratio: 0.71%

The performance data quoted represents past performance, which does not guarantee future results. The investments return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price and reinvested distributions. Class I shares are not subject to a sales charge. Returns do not consider capital gains or income taxes on an individual's investment.


Year Discovery Mid Cap Growth Fund Russell Midcap® Growth Index
2014 5.94% 11.90%
2015 6.53% -0.20%
2016 2.35% 7.33%

The performance data quoted represents past performance, which does not guarantee future results. The investments return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price and reinvested distributions. Class I shares are not subject to a sales charge. Returns do not consider capital gains or income taxes on an individual's investment.


Date Discovery Mid Cap Growth Fund Russell Midcap® Growth Index (Linked Index)
MSCI World
S&P 500
10/31/2014 0.00 0.00 0.00 0.00
11/30/2014 2.71 3.29 2.00 2.69
12/31/2014 2.63 2.99 0.36 2.43
1/31/2015 1.90 1.26 -1.46 -0.64
2/28/2015 9.49 8.23 4.31 5.07
3/31/2015 10.95 8.53 2.68 3.40
4/30/2015 8.99 7.77 5.09 4.40
5/31/2015 12.25 9.05 5.45 5.74
6/30/2015 12.58 7.29 3.00 3.69
7/31/2015 15.45 9.03 4.85 5.86
8/31/2015 9.21 2.69 -2.09 -0.52
9/30/2015 5.05 -1.28 -5.70 -2.98
10/31/2015 10.05 4.94 1.77 5.20
11/30/2015 10.90 5.16 1.26 5.51
12/31/2015 9.33 2.79 -0.52 3.85
1/31/2016 1.68 -4.99 -6.47 -1.31
2/29/2016 -0.30 -3.50 -7.16 -1.44
3/31/2016 5.65 3.38 -0.86 5.25
4/30/2016 6.59 3.32 0.71 5.66
5/31/2016 10.15 5.01 1.27 7.55
6/30/2016 11.20 5.00 0.14 7.83
7/31/2016 15.93 10.20 4.37 11.81
8/31/2016 15.70 9.88 4.45 11.96
9/30/2016 15.12 9.82 5.01 11.99
10/31/2016 10.33 5.36 2.98 9.94
11/30/2016 13.36 9.94 4.46 14.01
12/31/2016 11.90 10.32 6.96 16.27
1/31/2017 17.14 14.00 9.54 18.47
2/28/2017 20.73 17.28 12.58 23.18
3/31/2017 21.44 17.93 13.78 23.32
4/30/2017 23.73 19.68 15.46 24.59
5/31/2017 28.68 22.53 17.90 26.34
6/30/2017 27.97 22.90 18.36 27.13
7/31/2017 30.15 24.95 21.19 29.74
8/31/2017 32.09 25.83 21.36 30.14
9/30/2017 34.74 29.39 24.08 32.83
10/31/2017 41.15 33.01 26.43 35.93

The performance data quoted represents past performance, which does not guarantee future results. The investments return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price and reinvested distributions. Class I shares are not subject to a sales charge. Returns do not consider capital gains or income taxes on an individual's investment.

$ per share as of 11/22/2017

Date 2012 2013 2014 2015 2016
Short Term
Long Term 0.7847 1.7708 0.7206 0.1518
Total Amount of Distribution 0.7847 1.7708 0.7206 0.1518
Record Date 12/10/13 12/9/14 12/2/15 12/5/16
Ex Div Date 12/11/13 12/10/14 12/3/15 12/6/16
Pay Date 12/12/13 12/10/14 12/3/15 12/6/16

There is no guarantee of the payment of any dividend or other distributions at any level.

Portfolio

Top Issuers

(31.7% of assets as of 10/31/2017)


Portfolio Holdings Breakdown

Country 5
Developed Markets 5
Equity Sector 5
Industry 5
Asset Allocation 5
Market Cap 6
Country Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
United States 93.7% 99.5% -5.7%
Canada 3.7% - -
Ireland 1.0% - -
Developed Markets Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Americas 97.5% 99.5% -2.0%
Europe 1.0% - -
Equity Sector Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Information Technology 27.2% 28.7% -1.5%
Industrials 19.7% 16.7% 3.0%
Health Care 16.1% 14.2% 1.9%
Consumer Discretionary 12.2% 16.8% -4.6%
Financials 9.0% 7.0% 2.0%
Materials 6.3% 6.5% -0.2%
Real Estate 3.5% 3.3% 0.2%
Consumer Staples 2.8% 4.0% -1.2%
Energy 1.9% 2.5% -0.7%
Industry Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Software 8.7% 7.5% 1.2%
Health Care Equipment & Supplies 7.2% 4.7% 2.5%
Hotels Restaurants & Leisure 7.1% 3.6% 3.5%
IT Services 6.6% 8.2% -1.7%
Semiconductors & Semiconductor Equipment 5.1% 6.6% -1.5%
Machinery 4.9% 4.6% 0.2%
Electronic Equipment Instruments & Components 4.9% 2.9% 1.9%
Life Sciences Tools & Services 4.7% 3.0% 1.7%
Capital Markets 4.5% 4.3% 0.2%
Chemicals 3.7% 2.6% 1.2%
Equity Real Estate Investment Trusts (REITs) 3.5% 3.1% 0.3%
Commercial Services & Supplies 3.1% 1.1% 2.1%
Banks 2.4% 1.1% 1.3%
Building Products 2.1% 1.4% 0.7%
Insurance 2.1% 1.5% 0.6%
Household Durables 2.1% 1.2% 0.9%
Containers & Packaging 2.0% 2.6% -0.5%
Internet Software & Services 2.0% 1.5% 0.5%
Professional Services 1.8% 1.7% 0.1%
Aerospace & Defense 1.6% 2.0% -0.3%
Asset Allocation Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Equity 98.5% 100.0% -1.5%
Net Cash and Equivalents 1.5% - -
Market Cap Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Mid 67.9% 66.8% 1.2%
Large 29.9% 29.8% 0.0%
Small 0.7% 3.3% -2.6%
Analytics
(As of 10/31/2017)

Morningstar 10/31/2017 (based on risk adjusted performance)
Overall Rating
Number of Funds
557
Category
Mid-Cap Growth
Analyst Rating (as of 10/18/17)
Bronze
Performance Statistics
3Y
Alpha
2.81
Beta
0.92
Information Ratio
0.53
R-Squared
86.39
Sharpe Ratio
1.08
Standard Deviation
10.89
Sortino Ratio
0.53
Win Ratio
67.00
Loss Ratio
33.00
Tracking Error
4.12
Dividends
  • D
Est. Frequency
Annual
Last Pay Date
12/6/2016
Per Share ($)
$0.00
Net Income
0.00%
Net Profit from Sale
100.00%
Other Capital Sources
0.00%
12-Month Distribution ($)
$0.00
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$15.80 B
$15.20 B
Median Market Cap (weighted)
$12.80 B
$13.10 B
P/E Ratio (LTM)
32.18
28.38
P/E Ratio (NTM)
24.32
21.49
Price/Book
5.03
5.91
Return on Equity
16.38%
18.44%
Turnover Ratio
128.00%
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Documents
  1. 1. Special Risks:  Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes, regulatory and geopolitical risks. Emerging and developing market investments may be especially volatile. Investments in securities of growth companies may be volatile. Mid-sized company stock is typically more volatile than that of larger company stock. It may take a substantial period of time to realize a gain on an investment in a mid-sized company, if any gain is realized at all. Diversification does not guarantee profit or protect against loss.
  2. 2. Class I shares are only offered to eligible institutional investors that make a minimum initial investment of $1 million or more and to retirement plan service provider platforms. The minimum account balance for class I shares is $2.5 million. Class I shares are sold at net asset value without a sales charge. Please see Fund prospectuses for additional information.
  3. 3. The net expense ratio (where applicable) also takes into account contractual fee waivers and/or expense reimbursements without which performance would have been less. These undertakings may not be amended or withdrawn for one year from the date of the current prospectus, unless approved by the Board.
  4. 4. For Share Classes with less than a one-year track record, expense ratios are estimated based on the Manager's projections of those expenses for the coming fiscal year.
  5. 5. Holdings are subject to change, and are dollar weighted based on total net assets. Negative weightings may result from the use of leverage. Leverage involves the use of various financial instruments or borrowed capital in an attempt to increase investment return. Leverage risks include potential for higher volatility, greater decline of the fund's net asset value and fluctuations of dividends and distributions paid by the fund.
  6. 6. Holdings are subject to change, are dollar-weighted based on assets, and may not reflect the use of leverage in the Fund. Market Cap breakdown is calculated using Morningstar's methodology and those capitalization standards may not align with those in the Fund’s prospectus.
  7. 7. The Morningstar Analyst Rating is not a credit or risk rating but a subjective evaluation performed by the analysts of Morningstar, Inc. (Mstar). Mstar evaluates funds based on five key pillars (process, performance, people, parent and price). Mstar's analysts use this evaluation to identify funds they believe are more likely to outperform over the long term on a risk-adjusted basis. Analysts consider quantitative and qualitative factors and the weightings of each pillar may vary. The Analyst Rating reflects overall assessment and is overseen by Morningstar's Analyst Rating Committee. The analyst rating scale is five-tiered, with three positive ratings (Gold, Silver, Bronze), a Neutral rating and a Negative rating, with Gold being the highest rating and Negative being the lowest rating. The Mstar Analyst Ratings should not be used as the sole basis in evaluating a mutual fund and are based on Mstar's current expectations about future events. Mstar does not represent ratings as a guarantee. Analyst Ratings involve unknown risks and uncertainties which may cause Mstar's expectations not to occur or to differ significantly.
  8. A. Daily net asset value and dollar change of the fund is as of the previous business day's closing. Fund net asset values are updated at approximately 7:00pm ET daily.
  9. B. The performance data quoted represents past performance, which does not guarantee future results. The investments return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price and reinvested distributions. Class I shares are not subject to a sales charge. Returns do not consider capital gains or income taxes on an individual's investment.
  10. C. "Year to Date" returns are cumulative, not annualized, and do not reflect sales charges (if sales charges are applicable to the Fund). These returns would be lower if sales charges were taken into consideration. Short-term returns may not be indicative of longer-term performance, which should also be considered when making investment decisions.
  11. D. There is no guarantee of the payment of any dividend or other distributions at any level.
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