FAIRX (Fairholme:Fairholme)
Net Asset Value: 33.68
1-Day Return:
0.31 (0.93%)
YTD Return as of 4/5/13: 7.12%
Classification: Multi-Cap Value Objective: Growth Open to New Investors: No
Lipper Rating
The Lipper Leader system ranks a fund in the following categories: Total Return; Consistent Return; Preservation; Tax Efficiency; and Expenses. Funds are rated in ascending order on a numeric scale of 1 to 5, with '1' representing funds with the lowest rating, and '5' representing the highest rated funds and funds that are Lipper Leaders. Click here for more detail.
| Growth of $10,000
Total Returns (As of 4/05/2013)
More| YTD | 1Yr | 3Yr | 5Yr | 10Yr | |
| Fund | 7.12 | 10.72 | 2.54 | 3.96 | 11.12 |
| Classification | 10.17 | 15.43 | 9.72 | 4.29 | 8.50 |
| Index (S&P 500) | NA | NA | NA | NA | NA |
| % Rank in Class (1-best,100=worst) | 91 | 88 | 100 | 48 | 9 |
Fund Stats
More| Investment Objective: | Growth |
|---|---|
| Net Assets ($Mil) | 7,677.80 |
| Inception Date: | 12/29/99 |
| Manager Name, Tenure | Bruce R. Berkowitz, 1999 |
| Expense Ratio: | 1.00% |
|
Sales Charge:
Load Type:
|
No Load 0.00% 0.00% |
Top 10 Holdings (As of 8/31/12)
More| Company Name | Symbol | % Net Assets |
|---|---|---|
| American International Group Inc Ord | AIG | 37.18 |
| Sears Holdings Corp Ord | SHLD | 10.10 |
| Bank Of America Corp Ord | BAC | 8.79 |
| St Joe Co Ord | JOE | 5.80 |
| Cit Group Inc Ord | CIT | 4.99 |
| American Internation Grp Eqy Warrant | NA | 3.78 |
| Leucadia National Corp Ord | LUK | 3.51 |
| Mbia Inc Ord | MBI | 3.01 |
| Fidelity Instl Money Market Portfolio;inst | NA | 2.34 |
| Orchard Supply Hardware Stores Corp Ord | OSH | 0.11 |
| % of Total Holdings | 79.61 | |
Stories & Blogs: Around the Web
| 3/1/2013 | Are High-Priced Fund Managers Worth It? (WSJ.com) |
| 2/4/2013 | Fairholme's Berkowitz Talks Fund Closures, 2011 Losses, Apple, BofA With Bloomberg (Barrons.com) |
| 1/31/2013 | Fairholme's Smart Call: Keep Out the Hot Money (Barrons.com) |
| 1/30/2013 | If You Can't Skate into Fairholme, There's Goodhaven, Too (Barrons.com) |
| 1/30/2013 | Fairholme Funds Closing to New Investors (Barrons.com) |
| 1/6/2013 | Big Names Bounce Back (WSJ.com) |
