ONE ROCK Fund

What ONE ROCK Fund does

ONE ROCK Fund, now operating under the name True Rock Fund (ticker TRUEX, formerly ONERX), is a SEC-registered, no-load open-end mutual fund that invests primarily in U.S. equities with a stated emphasis on the technology sector. The fund is advised and managed by Wrona Investment Management, LLC, a Pinehurst, NC-based investment adviser led by Fund Manager Jeff Wrona, who has more than 30 years of stock market investing experience. The fund's stated investment mandate permits holdings in U.S. stocks, stock options, stock index futures, equity securities of foreign and emerging market issuers listed on U.S. exchanges, and short sales, and the fund reserves the right to trade during extended hours (4am-8pm EST) rather than only during regular market hours. Fund administration, transfer agency, and shareholder recordkeeping are outsourced to Mutual Shareholder Services, LLC in Broadview Heights, OH.

The business model is a conventional asset-management revenue model: the fund earns an expense-ratio-based management fee on assets under management (specific rates disclosed in the prospectus) and generates investment returns through active trading of securities, which accrue to shareholders rather than the adviser except via fees. Distribution is restricted to U.S. persons and is conducted through registered representatives and financial advisors via prospectus solicitation, with direct investor access by phone (1-800-564-3899) and the fund's website. Marketing emphasizes the manager's tenure, the fund's smaller size as an execution-speed advantage, extended-hours trading, and a Christian identity ("Jesus is the True Rock") that targets faith-aligned retail investors.

The company carries a "private" for-profit firmographic tag and reports 11-50 employees, though its actual operating entity footprint is small — a single investment adviser plus a third-party fund administrator. There are no disclosed funding rounds, M&A activity, patents, regulatory actions, or institutional investors in the available data, and revenue/AUM figures are not publicly reported. The most material strategic event on record is the June 26, 2020 rebranding from ONE ROCK Fund to True Rock Fund, accompanied by a ticker change from ONERX to TRUEX, intended to better reflect the fund's faith-based identity.

Name

ONE ROCK Fund

Legal name

True Rock Fund

Website

https://onerockfund.com

Company type

Public

Operating status

Operating

Headcount range

11–50 employees

Short description

True Rock Fund (formerly ONE ROCK Fund, ticker TRUEX) is a SEC-registered, no-load mutual fund investing primarily in U.S. technology equities, advised by Wrona Investment Management, LLC and distributed to U.S. individual investors via financial advisors.

Ownership category

akta.pro rank

Headquarters

HQ city

Broadview Heights

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Management Fees: The fund charges management fees as part of its expense ratio, deducted from fund assets to compensate Wrona Investment Management, LLC for investment advisory services. Specific fee rates are disclosed in the fund's prospectus.
2. Securities Trading: The fund generates returns through active trading of securities including stocks, options, futures, and short sales, with returns realized through capital appreciation and income.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

ONE ROCK Fund (renamed True Rock Fund, ticker ONERX/TRUEX) is a no-load mutual fund that invests primarily in U.S. stocks with a focus on the technology sector. The fund is actively managed by Jeff Wrona of Wrona Investment Management, LLC and offers extended-hours trading (4am-8pm EST), with permitted investments in stock options, stock index futures, foreign and emerging market securities listed on U.S. exchanges, and short sales.

Product overview

True Rock Fund is a single unified mutual fund product focused on technology sector investing. Managed by Jeff Wrona of Wrona Investment Management, LLC, the fund offers extended-hours trading capabilities (4am-8pm EST) compared to standard market hours (9:30am-4pm EST), providing faster execution due to its smaller asset size. The fund may invest in US stocks, stock options, stock index futures, and foreign and emerging market stocks listed on U.S. exchanges, and may engage in short sales.

Differentiator

Problem solved

Functional benefit

Products and services

• True Rock Fund (formerly One Rock Fund) A no-load mutual fund focused on technology sector investing that may trade during extended hours (4am-8pm EST) and invests in U.S. stocks, stock options, stock index futures, foreign and emerging market securities listed on U.S. exchanges, and may engage in short sales. Designed for individual U.S. investors seeking professionally managed exposure to the technology sector.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Mutual Shareholder Services, LLCminorOthersProvides fund administration services including transfer agent functions, shareholder record keeping, and fund operations support. Located at 8000 Town Centre Drive, Suite 400, Broadview Heights, OH 44147.

Scale indicators1 record

Recent moves1 record

Expansion highlights3 records

Direct peers

• Invesco Technology Fund: Long-running sector-thematic technology mutual fund with similar active management approach and US-retail distribution through advisors.
• Fidelity Select Technology Fund: Fidelity's flagship sector-thematic technology mutual fund, the most direct comparably-sized actively managed tech-sector mutual fund available to US retail investors through traditional advisors.
• Franklin Technology Fund: Actively managed technology-sector mutual fund with comparable US retail and advisor distribution channels and a similar thematic focus.
• Janus Henderson Global Technology and Innovation Fund: Globally diversified technology mutual fund offering sector-thematic exposure with active management, overlapping with True Rock on US tech and listed foreign/EM tech holdings.
• T. Rowe Price Global Technology Fund: Actively managed technology-focused mutual fund that also invests in foreign and emerging market tech issuers, closely mirroring True Rock's US-listed foreign/EM tech capability.

Broad incumbents

• iShares U.S. Technology ETF (IYW): Broad incumbent passive US-technology ETF that competes for the same thematic allocation from US retail and advisor investors, exerting fee-pressure on small active tech funds.
• Vanguard Information Technology Index Fund: Vanguard's passive technology-sector index fund, the dominant low-cost incumbent competing for the same US retail tech-thematic dollar and pressuring active peers on fees.
• BlackRock Technology Opportunities Fund: Large incumbent asset manager's actively managed technology fund; broad incumbent in the same thematic category with overlapping investor base and far greater distribution scale.

Emerging players

• Kinetics Technology Fund: Smaller, thematically differentiated technology mutual fund with a niche brand identity, comparable in scale and active-management orientation to True Rock Fund.
• Rydex Technology Fund: Specialist thematic technology mutual fund focused on active sector management, an emerging/mid-scale player with similar niche positioning to True Rock.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ONE ROCK Fund