TWOAX — Two Oaks Diversified Growth and Income Fund
Data updated: 2021-06-04
TWOAX — Two Oaks Diversified Growth and Income Fund. Balanced Allocation · $29.68M AUM · 1.65% expense ratio. Holdings, fees, performance and SEC filings.
TWOAX Fund Overview
TWOAX — Two Oaks Diversified Growth and Income Fund is a US mutual fund managed by Northern Lights Fund Trust II, categorised as Balanced Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Northern Lights Fund Trust II
- Category: Balanced Allocation
- Assets under management: $29.68M
- 1-year return: 47.6%
- Ticker: TWOAX
- SEC CIK: 0001518042
- SEC series ID: S000033698
- Share class ID: C000103770
TWOAX Investment Objective and Strategy
Two Oaks Diversified Growth and Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Northern Lights Fund Trust II.
Investment objective
The investment objective of the Two Oaks Diversified Growth and Income Fund (the Fund) is long-term growth of capital and income.
Principal investment strategy
The Fund invests principally in the following three asset classes: equity securities (across all market capitalizations, including common and preferred stock), investment grade fixed income securities of any maturity, and real estate and asset-based securities (which are securities that represent an interest in commodities related industries). Equity securities include common stocks and convertible securities rated at least Baa3 by Moodys Investors Service (Moodys) or at least BBB- by Standard and Poors Rating Group (S&P); however, the Fund reserves the right to invest in lower-rated convertible securities that the portfolio managers believe offer the prospect of higher total returns (interest plus capital appreciation) than normally expected from such securities. Lower-rated securities are not considered investment grade, and are deemed to have the status of junk bonds.
Using a proprietary multiple asset allocation model to determine the exact allocations, the Fund allocates 15% to 50% of its assets to each of the three asset classes, although in most economic environments the allocation is expected to be in approximately equal proportions. The Fund, under certain circumstances, will invest in exchange-traded and closed-end funds for liquidity and diversification purposes. Individual securities are selected based on a process of statistical screening followed by fundamental analysis. Those securities that are deemed fundamentally attractive are then put through a proprietary valuation process to determine at what price levels they would be deemed attractive to own. The Fund will sell securities when the model indicates that the target price has been reached, a greater value exists in another sector or a new, more desirable security presents better upside potential.
TWOAX Performance
Total returns for TWOAX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 47.6% |
TWOAX Risk Information
Risk metrics for TWOAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.9%
TWOAX Costs and Fees
TWOAX costs about $165 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.65%
- Gross expense ratio: 1.65%
- Portfolio turnover: 7%
- Brokerage commissions: 2.09 bps of average net assets (SEC N-CEN)
TWOAX Cashflows
Over the 12 months to 2021-03, Two Oaks Diversified Growth and Income Fund had net inflows of $2.96M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-03 | $143.58K |
| 2021-02 | $265.68K |
| 2021-01 | $259.07K |
| 2020-12 | $289.98K |
| 2020-11 | $213.30K |
| 2020-10 | $382.22K |
TWOAX Debt Constituents
No individual debt constituents are reported in Two Oaks Diversified Growth and Income Fund's latest SEC N-PORT filing.
TWOAX Prospectus and SEC Filings
Official Two Oaks Diversified Growth and Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-08-13
- Prospectus (485BPOS) — filed 2019-08-05
- Prospectus (485BPOS) — filed 2018-08-01
- Portfolio holdings (N-PORT) — filed 2021-05-12
- Portfolio holdings (N-PORT) — filed 2021-02-17
- Portfolio holdings (N-PORT) — filed 2020-11-23
- Annual census (N-CEN) — filed 2021-06-04
- Annual census (N-CEN) — filed 2020-06-10
Related Funds
Other Balanced Allocation 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.