Oberweis Small-Cap Opportunities Fund (OBSOX) focuses on investing in small-cap companies with significant growth potential, primarily in the U.S. market. The fund distinguishes itself through a rigorous research process and a long-term investment horizon, targeting sectors such as technology, healthcare, and consumer discretionary.
The fund generates revenue primarily through management fees calculated as a percentage of AUM, which provides a stable income stream. Performance fees, contingent on exceeding benchmark returns, offer additional upside, aligning the fund's interests with those of its investors.
Changes in AUM driven by market performance and investor inflows
Performance relative to benchmark indices
Market sentiment towards small-cap stocks
Regulatory changes impacting asset management fees
Regulatory changes affecting the asset management industry
Market volatility impacting small-cap stock performance
Increased competition from passive investment vehicles and ETFs
Pressure on fees from larger asset managers
Liquidity risks associated with market downturns affecting redemption rates
Potential reliance on leverage for investment strategies
high - The fund's performance is closely linked to the economic cycle, as small-cap stocks tend to outperform during economic expansions and underperform during recessions.
Rising interest rates can impact the cost of capital for small-cap companies, potentially reducing growth prospects and affecting investor sentiment towards equities, particularly in the small-cap space.
minimal
growth - The fund appeals to growth-oriented investors seeking exposure to high-potential small-cap equities.
high - Small-cap stocks are generally more volatile than large-cap stocks, reflecting higher growth expectations and market sensitivity.