Olstein Strategic Opportunities Fund Class C (OFSCX)

Overview

The fund operates with a focus on identifying underpriced opportunities within the small- and mid-cap segments of the market, leveraging the expertise of its investment adviser to discern investments that hold substantial promise for growth and value increase over time. The criteria for selection heavily emphasize the potential for investments to reach or exceed their perceived private market value, providing a bedrock for the investment strategy that aims at maximizing returns through judicious stock selection. By concentrating on equities that are deemed to be trading at discounts to their intrinsic value, the fund positions itself to benefit from market corrections or individual company successes that might lead their stock prices to adjust upwards to more accurately reflect their fundamental worth. The inclusion of foreign securities up to a 20% threshold of its net assets introduces a measure of geographic diversification, albeit with a cautious approach that favors investments in the more stable, developed international markets over the unpredictable and often volatile emerging and developing economies.

Products and Services

• Investment in Small- and Mid-Cap Stocks

  The core of the fund's strategy is its focus on small- and mid-cap stocks, where it seeks out companies that are undervalued relative to their private market value. These investments are primarily in companies that, through rigorous analysis and evaluation, are deemed to have the potential for significant value correction. The fund's advisers leverage thorough market research and fundamental analysis to identify these opportunities, aiming to capitalize on their future growth and value adjustment.

• Investment in Foreign Securities

  Up to 20% of the fund’s total net assets may be allocated towards foreign securities that are traded in U.S. dollars, introducing a level of international exposure to the portfolio. This strategy is limited to securities in developed countries, steering clear of the added risks associated with developing or emerging market investments. The intention behind this diversification is to capture growth in established foreign markets, thus potentially enhancing the overall returns of the fund while maintaining a controlled risk profile.