Optimum International Fund Institutional Class
OIIEX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Philadelphia, PA 19103 Philadelphia PA United States of America 19103
- IPO Date
- Jul 23, 2003
- CIK
- 0001227523
- Website
- optimummutualfunds.com
- Similar Companies
- Business
- Optimum International Fund Institutional Class (OIIEX) is an open-end mutual fund that seeks long-term growth of capital, with secondary income potential, by investing primarily in non-U.S. securities, including those of issuers in emerging markets; at least 65% of net assets are allocated to non-U.S. equities such as common stocks, preferred stocks, rights, warrants, depositary receipts, participatory notes, and convertible securities. The fund employs a multi-manager strategy overseen by Delaware Management Company (DMC), with sub-advisors Baillie Gifford Overseas Limited, utilizing qualitative bottom-up approaches for growth-oriented businesses, and Acadian Asset Management, applying quantitative models for non-U.S. stock selection; key portfolio managers include Donald Farquharson, Tom Walsh, Jenny Davis, Chris Davies, Steve Vaughan, Roderick Snell, and Fanesca Young, with recent additions such as Roderick Snell in March 2024 and Fanesca Young in July 2024. The portfolio emphasizes large-cap growth stocks in the foreign large blend category, with top sectors including technology (24.33%), financial services (20.33%), and industrials (14.23%); leading holdings feature Taiwan Semiconductor Manufacturing Co Ltd (3.29%), Tencent Holdings Ltd (2.41%), and Roche Holding AG (2.14%), diversified across regions like the Eurozone (25.25%), emerging Asia (17.15%), and Japan (10.07%). Launched on August 1, 2003, the fund is part of Optimum Fund Trust, domiciled in the United States with administrative operations at 2005 Market Street, Philadelphia, PA; it targets institutional investors seeking international diversification, maintaining total net assets of approximately $989.6 million across share classes and a net expense ratio of 1.08% (with waivers through July 30, 2026). Geographically, it operates for sale in the United States, providing exposure to developed and emerging markets worldwide, excluding primary U.S. focus. Recent developments include DMC's approval of new investment advisory and sub-advisory agreements in 2025 amid a potential transaction involving Macquarie Investment Management entities, ensuring continuity with existing sub-advisors like Baillie Gifford and Acadian while allowing manager-of-managers flexibility without shareholder approval; portfolio turnover stands at 54%, with YTD return of 22.00% as of September 30, 2025, and updated regional allocations as of August 31, 2025, reflecting ongoing active management adjustments.