Oberweis International Opportunities Institutional Fund
Data updated: 2023-12-22
C000138364 — Oberweis International Opportunities Institutional Fund. Europe Growth Equity · $297.30M AUM. Holdings, fees, performance and SEC filings.
C000138364 Fund Overview
Oberweis International Opportunities Institutional Fund is a US mutual fund managed by Oberweis Funds, categorised as Europe Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Oberweis Funds
- Category: Europe Growth Equity
- Assets under management: $297.30M
- 1-year return: 9.3%
- SEC CIK: 0000803020
- SEC series ID: S000044469
- Share class ID: C000138364
C000138364 Investment Objective and Strategy
Oberweis International Opportunities Institutional Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Oberweis Funds.
Investment objective
The Oberweis International Opportunities Institutional Fund's investment objective is to maximize long-term capital appreciation.
Principal investment strategy
The Fund invests, under normal circumstances, at least 80% of its net assets in securities of companies based outside the United States. Currently, securities based outside the United States include (1) equity securities of companies that are organized under other than U.S. law or that are primarily traded on an exchange or over-the-counter outside of the United States; or (2) equity securities of companies that have at least 50% of their assets outside of the United States or that derive at least 50% of their revenues from business activities outside of the United States. The Fund invests principally in the common stocks of companies that the Fund's investment adviser, Oberweis Asset Management, Inc. (OAM), believes have the potential for significant long-term growth in market value. The Fund may invest in Chinese securities acquired through the Shanghai-Hong Kong Stock Connect.
The Fund seeks to invest in those companies which OAM considers to have above-average long-term growth potential. OAM selects companies which meet this criteria based on, among other things, fundamental analysis of individual securities. OAM's fundamental analysis entails an evaluation of an individual company's future growth prospects. OAM's evaluation may be based on, among other things, financial statement analysis, stock valuation in relation to OAM's estimate of future earnings, evaluation of competitive product or service offerings, future research and development pipeline and management interviews. OAM may actively trade the Fund's portfolio, and as a result, the Fund's portfolio turnover rate may be high. There are no restrictions on the capitalization of companies whose securities the Fund may buy; however, the Fund generally invests in the stocks of smaller companies (generally companies with a market capitalization of less than $5 billion).
The Fund may also invest in securities of countries in developed and developing (or emerging) markets. The Fund generally will invest less than 25% of its assets in securities of countries in emerging markets. The Fund seeks to invest in equity securities that typically exhibit the following characteristics: Under-Appreciated Revenue and Earnings Growth - potential for revenue and/or earnings growth in excess of consensus expectations. Timely Catalyst - a recent positive earnings release or an earnings surprise that tangibly and quantitatively begins to confirm that consensus analyst expectations are too low. Inflection Point of Change - a business that is experiencing change - often from a new product, a new management team or a regulatory change - as these changes can drive unexpected or underestimated growth.
A significant gap generally exists between OAM's forecasts and consensus analyst expectations. Limited Analyst Coverage - a company not widely followed by other analysts to maximize the chances of finding misunderstood situations. Sustainability - a sustainable business with a competitive position driven by niche market leadership, intellectual capital or unique manufacturing processes. Put another way, a reasonable barrier to competitive entry. Operating Leverage - profitable and scalable business model, which tends to generate rising net profits margins as revenue growth accelerates. Valuation - undervalued based on OAM's growth forecasts and historical valuation metrics afforded the company and/or peers.
C000138364 Holdings
Top 10 holdings of Oberweis International Opportunities Institutional Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Sage Group PLC/The | 4.14% |
| Fidelity Government Portfolio | 3.92% |
| ATS Corp | 3.40% |
| Constellium SE | 3.05% |
| Daiwa Securities Group Inc | 2.76% |
| Fuji Electric Co Ltd | 2.62% |
| Marks & Spencer Group PLC | 2.62% |
| Element Fleet Management Corp | 2.60% |
| Gerresheimer AG | 2.58% |
| Edenred SE | 2.55% |
C000138364 Portfolio Allocation
Asset-class allocation of Oberweis International Opportunities Institutional Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 95.5% |
| Cash & Equivalents | 4.0% |
| Other | 0.9% |
C000138364 Performance
Total returns for C000138364 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 9.3% |
| 3 years (annualised) | -8.4% |
C000138364 Risk Information
Risk metrics for C000138364, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 17.6%
C000138364 Costs and Fees
C000138364 costs about $110 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.10%
- Gross expense ratio: 1.24%
- Portfolio turnover: 74%
- Brokerage commissions: 21.09 bps of average net assets (SEC N-CEN)
C000138364 Cashflows
Over the 12 months to 2023-09, Oberweis International Opportunities Institutional Fund had net inflows of $350.79M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-09 | $3.83M |
| 2023-08 | $12.39M |
| 2023-07 | $4.61M |
| 2023-06 | $9.92M |
| 2023-05 | $3.38M |
| 2023-04 | $25.58M |
C000138364 Debt Constituents
No individual debt constituents are reported in Oberweis International Opportunities Institutional Fund's latest SEC N-PORT filing.
C000138364 Prospectus and SEC Filings
Official Oberweis International Opportunities Institutional Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-12-22
- Prospectus (485BPOS) — filed 2023-04-28
- Prospectus (485BPOS) — filed 2022-04-29
- Portfolio holdings (N-PORT) — filed 2023-11-27
- Portfolio holdings (N-PORT) — filed 2023-08-29
- Portfolio holdings (N-PORT) — filed 2023-05-26
- Annual census (N-CEN) — filed 2023-03-14
- Annual census (N-CEN) — filed 2022-03-08
Related Funds
Other Europe Growth Equity funds tracked on ABC INVEST:
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.