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Small Wonders

Concentrating on a few core industries has helped this little fund produce big returns.

This story appears in the November 1998 issue of Entrepreneur. Subscribe »

If you've never heard of the White Oak Growth Stock Fund, you're not alone. Around for just a little more than six years, this nondiversified growth fund is just starting to garner national attention, thanks to its plucky annual performance numbers: Since its inception in August 1992, the fund has returned, on average, nearly 19 percent annually to its shareholders.

"I didn't say 19 percent; I said 18.91 percent," says Jim Oelschlager, the fund's lead portfolio manager, who insists on sticking to precise numbers. There's no rounding up for this Akron, Ohio, money manager--he lets the facts speak for themselves.

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