Cavanal Hill Funds Launches Innovative New Energy Mutual Fund

Cavanal Hill World Energy Fund represents versatile strategy enabling investors to benefit from the end of cheap energy

Brian Henderson, President of Cavanal Hill Investment Management (Photo: Business Wire)

TULSA, Okla.--()--Despite recent excitement over the development of non-traditional energy sources in the United States, demand for energy is set to outpace worldwide production for the foreseeable future. Urbanization of agrarian societies, expansion of access to electricity in developing nations, and continued proliferation of automobiles are expected to continue to create a significant worldwide need for energy in all of its forms.

Evidencing these trends, China is planning to move 250 million people from rural areas into cities in the next 12 years, which will create ten new cities the size of Shanghai. 1.2 billion people are currently without electricity, and the United Nations has made it a priority to rectify this situation. And the International Transport Forum projects that the number of automobiles worldwide will increase dramatically, from 1 billion vehicles today to 2.5 billion in 2050.

Against this backdrop, Cavanal Hill Funds complex has filed a registration statement with the SEC indicating its intent to offer the World Energy Fund (the Fund) so investors can take advantage of what some believe is the coming end of cheap energy. Cavanal Hill Investment Management Inc., the advisors to the Fund, is strategically based in the epicenter of the U.S. energy industry. From this vantage point, Cavanal Hill has the expertise and know how to understand the energy industry and its influence on global economic growth and development.

Brian Henderson, President of Cavanal Hill Investment Management, states, “We are standing on the cusp of the most dramatic increase in energy usage the world has ever seen. We believe crude oil, natural gas, biofuels, renewables, and even coal will see exponential demand growth in the coming years. In addition, all of the ancillary energy plays such as transportation, energy service, and infrastructure are likewise poised for dramatic and sustainable growth. Accordingly, we believe the launch of the Cavanal Hill World Energy Fund is timed to provide investors with a flexible and versatile platform to benefit from these trends.”

Henderson added, “Unlike other energy sector funds, which mostly focus on large-cap stocks or master limited partnerships in the oil and gas industries, the Cavanal Hill World Energy Fund may invest wherever its investment management team believes the best energy-sector opportunities reside—equity or fixed income, domestic or international, conventional energy sources or cutting-edge, environmentally friendly, renewable energy sources; with the ability to shift allocations dependent on market conditions. The fund will also have no market capitalization restrictions, allowing it to invest in everything from established global energy companies to smaller, innovative companies.”

The fund will be managed using a team approach combining expertise from Cavanal Hill’s equity, fixed income, and quantitative disciplines. Fund managers include Matthew C. Stephani CFA®, Senior Equity Portfolio Manager; Michael P. Maurer, CFA®, Senior Fixed Income Portfolio Manager; and Thomas W. “Wes” Verdel, CFA®, Senior Quantitative Equity Portfolio Manager. The team will be overseen by J. Brian Henderson, CFA®, President of Cavanal Hill Investment Management.

The fund’s four classes of shares will be listed on the NASDAQ exchange under the following symbols:

A Share Class:           AAWEX
C Share Class: ACWEX
Investor Share Class: APWEX
Institutional Share Class: AIWEX

You should consider a fund's investment objectives, risks, charges and expenses carefully before investing. A fund’s prospectus will contain this and other information about the investment company. The prospectus should be read carefully before investing. A copy of the prospectus can be obtained at


Cavanal Hill Investment Management, Inc. is an SEC registered investment adviser and a wholly-owned subsidiary of BOKF, NA, a wholly-owned subsidiary of BOK Financial Corporation, a financial holding company (“BOKF”). SEC registration does not imply a certain level of skill or training. BOKF, NA serves as the custodian for the Cavanal Hill Funds. BOKF holdings also include BOSC, Inc., the distributor for the Cavanal Hill Funds (the Funds).

BOSC, Inc. a registered Broker/Dealer, member FINRA/SIPC. BOSC, Inc. is wholly-owned subsidiary of BOK Financial Corporation, and an affiliate of BOKF, NA and Cavanal Hill Investment Management, Inc.

Past performance does not guarantee future results. Investments are subject to risks, including the possible loss of the principle amount invested. To obtain a prospectus online, please visit or call 1-800-762-7085. Please read the prospectus carefully before investing.

About Cavanal Hill Investment Management, Inc.

Cavanal Hill Investment Management, Inc. (Cavanal Hill) is a registered investment adviser. Cavanal Hill offers equity, fixed-income and cash management strategies to taxable and tax-exempt institutional and individual clients throughout the United States. As of January 31, 2012, our firm managed more than $5 billion in assets.

About BOK Financial Corporation

BOK Financial (NASDAQ: BOKF) is a $27 billion regional financial services company based in Tulsa, Oklahoma. BOK Financial's holdings include BOKF, NA, BOSC, Inc., The Milestone Group, Inc. and Cavanal Hill Investment Management, Inc. BOKF, NA operates the TransFund electronic funds network and seven banking divisions: Bank of Albuquerque, Bank of Arizona, Bank of Arkansas, Bank of Kansas City, Bank of Oklahoma, Bank of Texas and Colorado State Bank and Trust. Through its subsidiaries, BOK Financial Corporation provides commercial and consumer banking, investment and trust services, mortgage origination and servicing, and an electronic funds transfer network. For more information, visit


BOK Financial
Joseph J. Crivelli, 918-595-3027
Senior Vice President


BOK Financial
Joseph J. Crivelli, 918-595-3027
Senior Vice President