In the last month or so, we have seen virtually every commodity, be it grain, metals or oils, undergo a precipitous drop in price.
Market Commentary Second Quarter 2008
With crude oil soaring nearly 38% in the second quarter of 2008, surpassing $140 a barrel by quarter-end, it is no surprise that the US stock market struggled. Indeed the US economy is under stress from higher energy costs, troubled financial institutions, and global inflationary concerns.
Barron's: 'Fund of Information' column focused on comments from Jim Oelschlager on the positioning of White Oak Select Growth ("Look on the Bright Side," p. 42, by Jack Willoughby). 6/30/08
Bloomberg: Robert Stimpson was quoted in Bloomberg's report on the opening of trading in U.S. stocks ("U.S. Stocks Advance After Goldman Sachs Profit Tops Estimates," by Elizabeth Stanton). 6/17/08
Kiplinger.com: Robert Stimpson was quoted in Kiplinger.com 'Stock watch' column on Sina Corp. ("Sina Corp.: worth the Price?" by Elizabeth Ody). 5/28/08
SmartMoney TV: Robert Stimpson was featured in a two-part interview on SmartMoney TV on investing in companies that can grow regardless of what's going on in the economy ("Oasis of Growth: Interview with Robert Stimpson of Oak Associates"). 5/22/08
Smart Money: Robert Stimpson cited on Cognizant in a feature on growth stocks in the April issue of Smart Money Magazine ("Oasis of Growth," p. 70, by Reshma Kapadia) 4/08
Oak Associates Funds are available to U.S. investors only and may not be available in all states.
To determine if this Fund is an appropriate investment for you, carefully consider the Fund's investment objectives, risk factors and charges and expenses before investing. This and other information can be found in the Fund's prospectus which may be obtained by clicking here or by calling 1-888-462-5386.
Mutual fund investing involves risk, including the possible loss of principal. Oak Associates Funds are distributed by SEI Investments Distribution Co., which is not affiliated with the advisor.
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The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month end, please click on the individual fund name in the Fund Center on the homepage or call 1-888-462-5386. Holdings are subject to change.