“Pursuing growth & income from diverse asset classes by utilizing common-sense investment disciplines”
We were originally hired by the Santa Barbara Group of Funds to act as the portfolio manager of the Santa Barbara Montecito Fund (MONAX) on November 1, 2005. Through a recently completed reorganization all assets of the Santa Barbara Montecito Fund have been converted to the Two Oaks Diversified Growth & Income Fund (TWOAX). We utilize the same investment philosophy in managing TWOAX based on the following:
- TWOAX invests in stocks, fixed income & real estate/asset based securities
- Utilizing our proprietary valuation methodologies TWOAX maintains a 15% to 50% exposure in each of these asset classes
- Over long-term investment periods our goal is to achieve reduced volatility while increasing capital and income
Diversification does not assure a profit or protect against loss.
- TWOAX screens potential investments for dividends and income
- Investments must fit our proprietary investment strategy and show the potential to grow income over time
- We believe income streams can allow greater flexibility to weather market volatility
- Our investments must meet stringent fundamental disciplines based on various metrics such as revenues, free cash flow, earnings & profitability
- These disciplines allow us the ability to filter through the vast investment universe and focus on securities we consider to be of highest quality
This is an actively managed dynamic portfolio. There is no guarantee that any investment will achieve its objectives, generate positive returns, or avoid losses.
To invest, please review the fund prospectus and contact your investment professional today.
- Two Oaks – Prospectus
- Two Oaks – Statement of Additional Information
- Class C to Class A Sticker
- Class A NAV Promotional Periods Sticker
- Two Oaks Semi-Annual Report
- TWOAX – Account Application
- TWOAX – IRA Application
- Two Oaks – Fact Sheet
- XBRL File
Investments in Mutual Funds involve risk including possible loss of principal.
Investing in the commodities markets through commodity-linked ETFs, ETNs and mutual funds will subject the Fund to potentially greater volatility than traditional securities. There is a risk that issuers and counterparties will not make payments on securities and other investments held by the Fund, resulting in losses to the Fund.
The U. S. government’s guarantee of ultimate payment of principal and timely payment of interest on certain U. S. government securities owned by the Fund does not imply that the Fund’s shares are guaranteed or that the price of the Fund’s shares will not fluctuate. In general, the price of a fixed income security falls when interest rates rise. Lower-quality bonds, known as “high yield” or “junk” bonds, present greater risk than bonds of higher quality, including an increased risk of default.
The value of the mortgage-backed securities held by the Fund may go down as a result of changes in prepayment rates on the underlying mortgages. Prepayment may shorten the effective maturities of these securities, and the Fund may have to reinvest at a lower interest rate. Real estate values rise and fall in response to a variety of factors, including local, regional and national economic conditions, interest rates and tax considerations. In addition to the risks facing real estate securities, the Fund’s investments in Real Estate Investment Trusts (“REITs”) generally involve unique risks. REITs may have limited financial resources, may trade less frequently and in limited volume and may be more volatile than other securities.
Securities within the same group of industries may decline in price due to sector-specific market or economic developments. If the Fund invests more heavily in a particular sector, the value of its shares may be especially sensitive to factors and economic risks that specifically affect that sector. Investments in lesser-known, small and medium capitalization companies may be more vulnerable than larger, more established organizations.