Thank you for your interest in the Oak Value Fund (the "Fund"). Please read these Terms and Conditions carefully ("Terms") before using this web site ("Site"). Your use of the Site constitutes your acceptance of these Terms.

Modification and Monitoring of the Site
Oak Value Capital Management, Inc. and the Fund (together, "Oak Value" or "we") reserve the right, at our discretion, to change, modify, add, or remove portions of these Terms at any time. We suggest that you check these Terms periodically for changes. The Terms can be accessed from the link at the bottom of our web site pages. If you use the Site after we post changes to the Terms, you accept the changes. Oak Value reserves the right to monitor any and all use of this Site to enhance the overall experience of our web site visitors. See our privacy policy below for additional information.

Copyrights and Restrictions on Use of Materials
The content of this Site is protected by applicable copyright laws. No permission is granted to copy, distribute, modify, post or frame any text, graphics, video, audio, software code, or user interface design or logos.

Privacy Policy
We use the information you provide to us through the Site solely to enhance your experience with the Site. Over time, this information allows us to better design web services to fit your needs. Oak Value does not sell or provide your personal information to outside parties.

Mutual Fund Information

• The Fund is offered by prospectus only. For more information about the Fund, including objectives, strategies, risks, charges and expenses, please read a copy of the Fund's prospectus. Read it carefully to make sure the Fund is appropriate for your goals and risk tolerance before you invest or send money.
• The performance data quoted represents past performance and the investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Past performance is not predictive of future performance.

In addition, Oak Value may provide hyperlinks to other web sites on the World Wide Web for your convenience in locating investment-related or other information and services. No judgment or warranty is made with respect to the accuracy, timeliness, or suitability of the content of any third party web site to which Oak Value may link, including information on the web site regarding Oak Value or the Fund, and Oak Value takes no responsibility for such content. By providing access to other web sites, Oak Value is not recommending the purchase or sale of the stock issued by any company, nor is it endorsing products or services provided by the sponsor of any third party web site.

In addition, Oak Value is not responsible for content that appears on the Site that may be provided by a third party, including the content of any article reprints and any hyperlinks therein. Please link with caution.

Disclaimer
ALL INFORMATION AND CONTENT ON THIS SITE ARE, SUBJECT TO APPLICABLE STATUTES AND REGULATIONS, FURNISHED "AS IS" WITHOUT ANY IMPLIED OR EXPRESSED WARRANTY OF ANY KIND, INCLUDING WITHOUT LIMITATION, THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

Oak Value intends that the information contained on the Site is accurate and reliable, however, errors sometimes occur. Oak Value does not warrant that the information contained on the Site will be uninterrupted or error-free, that defects will be corrected, or that this Site or the services that make it available are free from viruses or harmful components.

Jurisdictional Issues
The information and products described on this Site are intended to be made available only to persons in the United States. Nothing contained in this Site is an offer to sell or the solicitation of an offer to buy the Fund in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.