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Large Growth Funds

 

Fairholme Capital Management, L.L.C. attempts to achieve the Fairholme Fund’s (FAIRX) investment objective of long-term growth of capital by normally investing at least 75% of the Fund’s total assets in U.S. common stocks without regard to market capitalization and normally holding a focused portfolio of no more than 25 stocks. The Fund also intends to invest in "special situations" to achieve its objective. A special situation arises when, in the opinion of the Adviser, securities of a company will, within a reasonably estimated time, appreciate in value due to developments particularly or uniquely applicable to that company without regard to general business conditions or movements of the market as a whole.

First Eagle Fund of America (FEFAX) is a non-diversified US equity fund with a unique, event driven bias- it focuses on identifying companies poised to benefit from change that the market has not yet recognized.

FMI Large Cap Fund (FMIHX) is a non-diversified, no-load mutual fund seeking long term capital appreciation by investing in a limited number of large capitalization stocks.

Kinetics Paradigm (WWNPX) seeks to provide investors with long-term capital growth by investing primarily in large, medium and small domestic and foreign companies.  The Fund will invest in companies that the investment adviser believes are priced below their intrinsic value, have high returns on equity and will reduce their costs, extend the reach of their distribution channels and experience significant growth in their assets or revenues.  The Paradigm Portfolio may also write and sell options on securities in which it invests for hedging purposes and/or direct investment.

 

 

 

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Financial Counselors of VA is an independent Registered Investment Advisor based in Portsmouth, VA, providing
fee-only financial planning services and investment management advice to individuals and families since 1985.

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