Towpath Technology Fund
NEWS & INSIGHTS | JANUARY 2, 2021
Launch Alert: Towpath Technology Fund
January 2, 2021 | by David Snowball, Publisher and Co-Founder of Mutual Fund Observer
An article about Towpath Technology Fund appeared in Mutual Fund Observer’s January 2021 edition. In the note to newsletter subscribers, the publisher wrote:
On December 31, 2020, Oelschlager Investments launched the Towpath Technology Fund.
The fund will be managed by Mark Oelschlager. This strategy is the same one the manager used at Red Oak Technology Select.
Mr. Oelschlager was the sole manager of Red Oak Technology Select (ROGSX) for 13 years, from April 2006 - January 2019; he also managed Pin Oak Equity Fund (POGSX), initially as co-manager then as sole manager from June 2006 - January 2019. In sum, he was responsbile for several hundred million dollars in assets.
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Mark Oelschlager previously served as the sole portfolio manager for over 12 years for the mutual fund, Red Oak Technology Select; Red Oak Technology Select Fund had substantially similar objectives and strategies as currently used to manage Towpath Technology Fund. Mr. Oelschlager was the sole manager for the Prior Fund from April 7, 2006 to January 16, 2019. The Prior Fund’s past performance is not necessarily an indication of how the Towpath Technology Fund will perform in the future. This article is not intended as a recommendation to buy, sell or hold the Prior Fund.
Mark Oelschlager previously served as the sole portfolio manager for over 12 years for the mutual fund, Pin Oak Equity Fund (referred to as “Prior Fund” in 2020 Towpath Focus Fund Prospectus); Pin Oak Equity Fund had substantially similar objectives and strategies as currently used to manage Towpath Focus Fund. Mr. Oelschlager was the sole manager for the Prior Fund from June 9, 2006 to January 16, 2019. Information about the Prior Fund’s performance and rankings relative to its peers can be found in the current prospectus for the Towpath Focus Fund. The Prior Fund’s past performance is not necessarily an indication of how the Towpath Focus Fund will perform in the future. This article is not intended as a recommendation to buy, sell or hold the Prior Fund.
Past Performance Does Not Guarantee Future Results. There can be no guarantee that any strategy (risk management or otherwise) will be successful. All investing involves risk, including potential loss of principal.
An investor should consider the Fund’s investment objectives, risks, charges and expenses carefully before investing. This and other important information about the investment company can be found in the Fund’s prospectus and summary prospectus. To obtain a prospectus or summary prospectus, call 877-593-8637. Please read the prospectus carefully before investing.
Towpath Funds are distributed by Ultimus Fund Distributors, LLC. Ultimus Fund Distributors, LLC and Towpath Funds are separate and unaffiliated.