For those who like Slasx -- we need a little more info than saying I like it because it barely beated the Large Value index the past 5 years.  By the way - the retail Large Value indexes are not really deep value indexes.  They are marketcap weighted and thus are heavily megacap weighted -- offering little bit of a value tilt and hold many blend stocks.  For example - the LV indexes could hold Johnson & Johnson, which is more blendy than a real value stock.   

So we need more info -- what is it about the strategy of SLASX's mngmt that you like?  What are some recent investment moves that did well?  What were some of their mistakes?  What do they say about their mistakes?  Are they holding on, getting out or buying more?  Do they hold an abundance of cash to wait for opportunities or do they remain fully invested at most times?  What do they have to say about their heavy Financial holdings?  Why did they buy Citigroup a while ago despite the risks?  What do they say about getting their asses spanked on this stock?  Did they learn a lesson about this?  Are they holding onto C, selling or buying more in hopes of a rebound?  Does management buy based on discount to intrinsic value?  Are they focused only on bottom-up investment style?  How much international can the fund go into?  Can they buy any emerging market stocks?     

Let's see some analysis of what the fund is and why they could be a decent buy going forward.  Yeah they outperformed the index a tiny bit in the past ain't no reason to buy into a fund - that may be a partial consideration but not the only reason.