Old Westbury Strategic Opportunities Fund

C000054224 Fund Overview

Old Westbury Strategic Opportunities Fund is a US mutual fund managed by Old Westbury Funds INC, categorised as Emerging Markets Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Old Westbury Funds INC
• Category: Emerging Markets Real Estate
• Assets under management: $2.20B
• 1-year return: -7.8%
• SEC CIK: 0000909994
• SEC series ID: S000019522
• Share class ID: C000054224

C000054224 Investment Objective and Strategy

Old Westbury Strategic Opportunities Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Old Westbury Funds INC.

Investment objective

The Funds goal is to seek long-term capital appreciation.

Principal investment strategy

The Fund pursues its investment goal by investing throughout the world in a broad range of equity securities, securities that have equity-like characteristics and fixed-income securities. Investments may include common stocks, preferred stocks, convertible securities, corporate bonds, asset-backed securities, including mortgage-backed obligations, real estate investment trusts (REITs), structured notes, depositary receipts, U.S. and non-U.S. Government fixed-income securities, inflation-protected securities such as Treasury Inflation Protected Securities (TIPS) and similar bonds issued by governments outside of the U.S., and commodity-linked instruments. The Fund may seek to capture the return potential created by market dislocations. The Fund invests in securities issued by companies of any capitalization size.

Securities held by the Fund may be of any maturity or quality, including below investment grade rated securities (sometimes referred to as junk bonds) and unrated securities determined by the Adviser or sub-advisers to be of comparable quality. The Fund invests in different types of securities and asset classes to the extent permitted by applicable laws, regulations and orders. The Funds portfolio may include investments in both domestic and foreign securities, including securities issued by companies or governments in emerging market countries. The relative attractiveness of particular currencies may be a factor in the Advisers or sub-advisers investment decisions with respect to security selection. The Fund also may invest in a variety of derivatives, including among others, futures, options, swap contracts, forward contracts, including forward foreign currency exchange contracts, and other derivative instruments, both to increase return and/or to hedge, or protect, its exposure to, for example, interest rate movements, movements in the commodities or securities markets (including relevant indexes) and currency value fluctuations.

In addition, the Fund may invest in private placements and exchange-traded funds (ETFs). The Fund may engage in short selling and other investment techniques. The Adviser employs sub-advisers for some asset classes, or segments of specific asset classes, and allocates the Funds portfolio investments on an opportunistic basis intended to achieve attractive relative returns among asset classes and investments. The Advisers investment process consists of fundamental research as well as the use of proprietary quantitative models that evaluate a universe of equity securities based on a number of factors which could include valuation, revenues, earnings, capital discipline, financial leverage and volatility. The Fund seeks to gain exposure to commodities through direct investments in commodities-related instruments, derivatives and other investments and through investments in OWF Strategic Opportunities Fund Ltd., a wholly-owned subsidiary of the Fund organized under the laws of the Cayman Islands (the Subsidiary).

The Subsidiary is advised by the Adviser and has the same investment goal as the Fund. In addition, the Subsidiary (like the Fund) will limit its investment in illiquid assets to 15% of its net assets. In this regard, the Funds investment in the Subsidiary is considered liquid. The Subsidiary pursues its investment goal by investing in commodities-related instruments, derivatives and other investments. The Subsidiary (unlike the Fund) may invest without limitation in these investments. However, the Subsidiary is otherwise subject to the same fundamental, non-fundamental and certain other investment restrictions as the Fund. Additionally, for purposes of monitoring compliance with certain provisions of the 1940 Act, including those governing investment policies, capital structure and leverage, and affiliated transactions and custody, the Fund will consider the assets of the Subsidiary to be the assets of the Fund.

The portion of the Funds or Subsidiarys assets exposed to any particular derivative or other investment will vary based on market conditions, but from time to time some exposure could be substantial. To the extent of the Funds investment in the Subsidiary, it will be subject to the risks associated with the derivatives and other investments in which the Subsidiary invests, which are discussed elsewhere in the Prospectus.

C000054224 Performance

Total returns for C000054224 (as of 2026-10-01), from SEC filings.

C000054224 Risk Information

Risk metrics for C000054224, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 24.5%

C000054224 Costs and Fees

C000054224 costs about $121 per $10,000 invested per year in fund expenses.

• Net expense ratio: 1.21%
• Gross expense ratio: 1.33%
• Portfolio turnover: 132%
• Brokerage commissions: 6.89 bps of average net assets (SEC N-CEN)

C000054224 Cashflows

Over the 12 months to 2020-07, Old Westbury Strategic Opportunities Fund had net inflows of $3.10B, from monthly SEC N-PORT filings.

C000054224 Debt Constituents

No individual debt constituents are reported in Old Westbury Strategic Opportunities Fund's latest SEC N-PORT filing.

C000054224 Prospectus and SEC Filings

Official Old Westbury Strategic Opportunities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2020-03-19
• Prospectus (485BPOS) — filed 2019-03-21
• Prospectus supplement (497) — filed 2019-03-22
• Portfolio holdings (N-PORT) — filed 2020-09-29
• Portfolio holdings (N-PORT) — filed 2020-06-25
• Portfolio holdings (N-PORT) — filed 2020-03-31
• Annual census (N-CEN) — filed 2020-01-14
• Annual census (N-CEN) — filed 2019-01-14

Related Funds

Other Emerging Markets Real Estate funds tracked on ABC INVEST:

• Westwood Low Volatility Equity Fund (WLVIX)
• Pzena U.S. Large Cap Value ETF (PZLV)
• Noble Absolute Return ETF (NOPE)
• Jackson Square Global Growth Fund (JSPVX)
• Jackson Square Select 20 Growth Fund (DPCEX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.