About TOWTX
Towpath Technology Fund Institutional Shares is an open-end mutual fund dedicated to investing primarily in technology-related companies. Its central aim is to allocate at least 80% of its assets to the common stocks of firms operating across various technology sectors, capturing both growth and value opportunities within the industry. The fund is managed by Mark Oelschlager under Oelschlager Investments, LLC, and was launched in late 2020. It typically holds a concentrated portfolio—recently around 38-39 holdings—with a significant portion of assets allocated to leading global technology firms such as Alphabet, Meta Platforms, Apple, Cisco, and Check Point Software Technologies.
The fund’s industry exposure spans key segments, including interactive media, information technology services, systems and application software, hardware, semiconductors, and communications equipment. Its investment approach reflects a blend of large-cap technology leaders and select mid-cap innovators, providing broad exposure within the sector. Designed for institutional investors, the fund features a relatively low turnover rate, emphasizing long-term capital appreciation. Towpath Technology Fund Institutional Shares plays a notable role by offering targeted access to the dynamic and evolving technology sector within the broader financial markets.
Fund Family Oelschlager Investments
Category Technology
Performance Rating Below Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol TOWTX
Share Class Institutional Share Class
Index S&P 500 TR
TOWTX had a total return of -0.66% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.16%.
