Oak Associates announced Tuesday it has launched the Rock Oak Core Growth Fund, a portfolio that will seek long-term growth by investing in demographic trends.

With holdings of between 35 and 50 stocks, the fund will have a broader equity exposure than Oak's other stock funds.

Oak Chief Investment Officer Jim Oelschlager, Chief Investment Strategist Edward Yardeni and Portfolio Manager Robert Stimpson will oversee the fund.

It will resemble the firm's White Oak Growth Stock Fund in that it will seek leading companies in select growth sectors, Oelschlager said. However, it will also look forward to long-term demographic, productivity and globalization trends.

As for the coming year, Yardeni said he expects inflation to remain "benign," setting the stage for "continued strength in U.S. equities markets."

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