Fund Evaluator:
Oberweis International Opps Inv (OBIOX)
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Best Performing in Foreign Small/Mid Growth Over the Last Year
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Fund Details
Oberweis International Opps Inv Overview
Oberweis International Opps Inv (OBIOX) is an actively managed International Equity Foreign Small/Mid Growth fund. Oberweis launched the fund in 2007.
The investment seeks to maximize long-term capital appreciation. The fund invests normally at least 80% of its net assets in securities of companies based outside the United States. Currently, securities based outside the United States include (1) equity securities of companies that are organized under other than U.S. law or that are primarily traded on an exchange or over-the-counter outside of the United States; or (2) equity securities of companies that have at least 50% of their assets outside of the United States or that derive at least 50% of their revenues from business activities outside of the United States.
About Oberweis International Opps Inv (OBIOX)
There are 1 members of the management team with an average tenure of 19.42 years: Ralf Scherschmidt (2007). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: MSCI EAFE NR USD index with a weighting of 100% and MSCI World Ex USA Small Growth NR USD index with a weighting of 100%. Oberweis International Opps Inv has 86 securities in its portfolio. The top 10 holdings constitute 22.3% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Oberweis International Opps Inv is part of the Equity global asset class and is within the International Equity fund group. Oberweis International Opps Inv has 94.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 1.7%. There is 94.1% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Oberweis International Opps Inv has 2.1% of the portfolio in cash.
Assets Under Management
The fund has $119 million in total assets, which is below the $327 million average for the Foreign Small/Mid Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
OBIOX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Oberweis International Opps Inv expense ratio is high compared to funds in the Foreign Small/Mid Growth category. Oberweis International Opps Inv has an expense ratio of 1.35%, which is 10% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Oberweis International Opps Inv has a portfolio turnover rate of 125%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 64% for the Foreign Small/Mid Growth category.
Recently, in the month of June 2026, Oberweis International Opps Inv returned -2.4%, which earned it a grade of C, as the Foreign Small/Mid Growth category had an average return of -2.7%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Oberweis International Opps Inv has a trailing yield of 1.01%, which is below the 1.42% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Oberweis International Opps Inv Grades
Year to date, the fund has returned 8.3%, 0.5 percentage points worse than the category, which translates into a grade of B. The fund has returned 12.6% over the past year (grade of B), 15.5% over the past three years (grade of B) and -0.8% per year over the past five years (grade of D) and 7.5% per year over the past 10 years (grade of C).
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OBIOX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| OBIOX Return (NAV) | -2.4% | 11.1% | 12.6% | 15.5% | -0.8% | 7.5% |
| OBIOX Grade | C | B | B | B | D | C |
| +/- Category | 0.3% | 0.9% | 1.8% | 3.8% | -1.7% | 0.2% |
| Foreign Small/Mid Growth Avg | -2.7% | 10.2% | 10.8% | 11.8% | 0.9% | 7.3% |
| OBIOX Tax Cost Ratio | na | na | 0.4% | 0.4% | 1.1% | 1.3% |
OBIOX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| OBIOX Return (NAV) | 8.3% | 30.7% | 7.5% | 4.9% | -37.1% | 1.5% | 62.9% | 22.9% | -24.7% | 40.8% | -5.3% |
| OBIOX Grade | B | A | A | F | F | F | A | F | F | A | F |
| +/- Category | -0.5% | 9.9% | 6.6% | -8.5% | -8.5% | -8.3% | 37.5% | -4.9% | -8.5% | 5.5% | -4.6% |
| Foreign Small/Mid Growth Avg | 8.8% | 20.8% | 0.9% | 13.4% | -28.6% | 9.9% | 25.4% | 27.8% | -16.2% | 35.3% | -0.7% |
| Risk Measures | |
| Standard Deviation: | 17.1% |
| Total Risk Index: | 1.40 - High |
| Category Risk Index: | 1.03 - Above Average |
| Category Risk Grade: | D (67% Rank) |
| Beta: | 1.10 |
| R-Squared: | 81% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Mid-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 1.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $409 Mil |
| Fund Total Assets: | $ 119 Mil |
| Share Class Type: | Other |
| Portfolio Turnover: | 125% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 19.4 years | |||
| Average Tenure: 19.4 years | |||
| Managers (Year): Scherschmidt Ralf (2007) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 86 |
| % in Top 10 Holdings: | 22.3% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 94.1% |
Portfolio Allocation |
|
| Domestic Stock: | 1.7% |
| Foreign Stock: | 94.1% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 2.1% |
| Cash: | 2.1% |
Purchase Information
| Fund Family: | Oberweis |
| Phone Number: | 800-323-6166 |
| Website: | www.oberweisfunds.com |
| Status: | Open |
| Inception Date: | February 1, 2007 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $ 500 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 2.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 1.35% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.22% |
| Share Class: | Oberweis International Opps Inv |
| Min. Subsequent Purchase: | $ 100 |
| Min. Subsequent IRA Purchase: | $ 100 |
