Opportunity Fund

The Cambiar Opportunity Fund was launched in June 1998. The Fund seeks total return and capital preservation. The Fund also seeks to outperform the S&P 500 and Russell 1000 Value Index.

CAMOX - Morningstar Rating as of 12/31/11

Stars - CAMOXStars - CAMOX



Overall rated 3 stars for the period ending 12/31/11 out of 1580 US-domiciled Large Blend Funds. Morningstar rankings are based on risk adjusted returns and the Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three, five and ten year Morningstar Ratings metric.

Portfolio Characteristics

  • The mutual fund vehicle of Cambiar's long-standing relative value approach. 
  • Bottom-up, relative value investment process that favors undervalued companies that possess a catalyst for future growth.
  • Invests in companies above $1 billion market cap that are attractive businesses trading at the low end of their long-term valuation ranges.
  • The Fund holds between 35-45 stocks.
  • The Fund may invest in derivatives.

 

The performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Expense ratio is 1.34% (gross); 1.21% (net). Contractual fee waiver in effect until September 1, 2012. Absent these waivers, total return would be reduced. Performance for CAMWX may vary.  S&P 500 Index is an unmanaged index compiled by Standard & Poor’s Corp. Russell 1000® Value Index measures the performance of those Russell 1000 companies with lower price-to-book ratios and lower forecasted growth values. Index returns do not reflect any management fees, transaction costs or expenses. Individuals cannot invest directly in an Index. For performance data current to the most recent month end or performance for CAMWX, please call 1-866-777-8227.

For each fund with at least a three year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year Morningstar Ratings metric. CAMOX was rated against 1580 US-domiciled Large Blend funds over a three year time period, 1376 US-domiciled LargeBlend Funds over a five year time period and 817 over a ten year period. With respect to these large blend funds, CAMOX received a Morningstar Rating of 3 stars, 1 stars and 3 stars, respectively. Past performance is no guarantee of future results. Morningstar Rating is for the investor share class only; other classes may have different performance characteristics.
Quarterly Performance as of 12.31.11
  CAMOX S&P 500 Russell 1000 Value
4Q11 12.01% 11.82% 13.11%
YTD -8.69% 2.11% 0.39%
1 Year -8.69% 2.11% 0.39%
3 Year 15.45% 14.11% 11.55%
5 Year -2.15% -0.25% -2.64%
10 Year 3.85% 2.92% 3.89%
Since Inception 7.02% 2.59% 3.72%

Inception Date: 6.30.1998
3 year, 5 year and 10 year and since inception performance information are annualized.

Contact Us

Mutual Fund: Cambiar Opportunity Fund
Ticker: CAMOX | CAMWX (Institutional)
Share Class: Investor and Institutional
Inception Date: 6.30.1998
Minimum Initial Investment: $2,500 (IRA $500)    $5m (Institutional)