Fairholme Allocation FundFAAFX

14.00
0.02 / 0.14%
11.41 - 14.97+0.83
NAV in USDNAV change52-week range3-yr sharpe ratio

As of market close Aug 20 2014.

Total returns on $10,000

As of Jul 31 2014.Fund performance

Objective

The investment seeks long-term total return. The fund invests opportunistically in a focused portfolio of investments in the equity, fixed-income and cash and cash-equivalent asset classes. It may invest in any, all or none of the targeted asset classes at any given time. There is no limitation on the amount of the fund's portfolio that may be allocated to any one of these asset classes. It may maintain a significant portion of its assets in cash and cash-equivalent securities and investments. The fund is non-diversified.

Profile

Fund typeOpen Ended Investment Company
Investment style (stocks)
Market Cap: Mid
Investment Style: Value
Morningstar categoryMid-Cap Value
Launch date31/12/2010
Price currencyUSD
DomicileUnited States
SymbolFAAFX
Manager & start date
Bruce Berkowitz
31/12/2010

Investment

Pricing frequencyDaily
Total net assets
369.21m USDAs of Jul 31 2014
Net expense ratio1.02%
Front end load--
Deferred load--
Redemption fee2.00%
Min. initial investment25,000 USD
Min. additional investment2,500 USD
Initial IRA25,000 USD
Additional IRA1,000.00 USD
Available for saleUnited States

Diversification

Asset type

US stock
62.08%
Cash
15.22%
US bond
8.55%
Other
8.19%
Non-US stock
5.95%
Non-US bond
0.00%

Top 5 sectors

Financial Services
49.49%
Consumer Cyclical
11.99%
Basic Materials
5.95%
Real Estate
0.60%

Top 5 Regions

United States
62.08%
Canada
5.95%

Sector and region weightings are calculated using only long position holdings of the portfolio.

Sector & regional holdings

Top 5 holdings

Company1 year
change
Portfolio
weight
Long
allocation
Bk Amer ([Wts/Rts])--11.30%
Sears Holdings Corp
SHLD:NSQ
-4.79%11.10%
American International Group Inc
AIG:NYQ
+18.96%10.84%
FHLMC Pfd--10.11%
Fed Natl Mort Assc Pfd--10.02%
Data delayed at least 15 minutes, as of May 31 2014.Top 10 holdings

The performance data shown in tables and graphs on this page is calculated in USD of the fund / index / average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.

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