Important Notice

The 1OAKFunds website is designed solely for Professional and Eligible Counterparties as defined by the Financial Conduct Authority and their professional advisers. To view the content you confirm that you have read and accept our Disclaimer. If you are not a Professional Client, Eligible Counterparty or professional adviser you should not proceed any further. In particular, the content of this website is for Professional Clients and Eligible Counterparties only and should not be relied upon by, or circulated, to Retail Investors.

Issued by 1OAK Capital Limited, authorised and regulated by the Financial Conduct Authority. 1OAK Capital Ltd (1OAK) (Registered in England & Wales Number: 06890293; FCA registration number 501453) provides fund management services for its customers. 1OAK Capital Limited is authorised and regulated by the Financial Conduct Authority. Registered Office of 50 Sloane Avenue London SW3 3DD.

1OAK RAIA regains top spot in Citywire league table

The White Fleet - 1OAK RAIA fund registered a gain of 6.1% for the month to the end of May and is once again the best performing Technology fund in the Citywire league table over a 1-month period. The fund is also the only fund with a positive return amongst its peers. Over a 1-year period the fund ranks in the top five, and it is also ranked highly over a 3-month period.

1OAK RAIA is a thematic fund that invests in disruptive and fast evolving technologies related to Robotics, Automation and AI, and is currently differentiated by a large allocation to the “Space Economy” theme. Within this theme, the fund’s largest position is in Virgin Galactic. Last week, the US Federal Aviation Authority updated Virgin Galactic’s licence to allow it to fly customers into space. The share price has risen more than 250% since the recent low point in May.

Yun Sun, the fund manager, said: “The Space Economy is the new frontier of human technology, and huge efforts are currently being made to advance it. The recent developments are important because the knowledge and technology has now been translated into a product that the public can consume.”