-
Top 10 Holdings
Top 10 Stock Holdings as of 06/30/24*
- NVIDIA Corp. (NVDA)
- Amazon.com, Inc. (AMZN)
- Broadcom, Inc. (AVGO)
- Arista Networks, Inc. (ANET)
- Eli Lilly and Company (LLY)
- Taiwan Semiconductor Mfg. Company Ltd. (TSM)
- Cloudflare, Inc. (NET)
- The Trade Desk, Inc. (TTD)
- Apple, Inc. (AAPL)
- Meta Platforms, Inc. (META)
Total Net Assets as of 06/30/24
$247.5 Million
* Stated as a percentage of total net assets as of 06/30/24.
The holdings information provided should not be construed as a recommendation to purchase or sell a particular security and may not be representative of the Fund's current or future investments. -
Portfolio Manager
The Portfolio Manager
- Expertise:
- U.S. and Global Technology Stocks
- U.S. and Global Growth Stocks
Malcolm R. Fobes III is the founder, Chief Executive Officer and Chief Investment Officer of Berkshire Capital Holdings, Inc. ("Berkshire Capital"), which has served as the investment adviser to The Berkshire Funds since 1997.
Mr. Fobes has over 25 years of experience in the investment management field as a securities analyst and a portfolio manager. Mr. Fobes manages the investment program of the Berkshire Focus Fund (the "Fund") and is primarily responsible for the day-to-day management of the Fund's portfolio. He has been the portfolio manager of the Fund since its inception in 1997. Mr. Fobes founded Berkshire Capital in 1993 where he has been responsible for directing the company's investment programs in both public and private companies located in Silicon Valley. Mr. Fobes holds a Bachelor of Science degree in Finance with a minor in Economics from San Jose State University in California.
In addition to the Fund, Mr. Fobes also serves as an Independent Director and Chairman of the Audit Committee for United States Commodity Funds, LLC ("USCF"). He has been listed with the Commodity Futures Trading Commission as a Principal of USCF since November 2005. USCF is the investment adviser to 16 Exchange Traded Commodity Funds with approximately $5 billion under management.
From April 2000 to July 2006, Mr. Fobes also served as co-portfolio manager of The Wireless Fund, a mutual fund which concentrates its investments in companies engaged in the development, production, or distribution of wireless-related products or services.
Mr. Fobes was also contributing editor of Start a Successful Mutual Fund: The Step-by-Step Reference Guide to Make It Happen (JV Books, 1995).
-
Literature
-
Performance
Performance Comparison (Average annual total returns as of 06/30/24)
Berkshire Focus Fund 28.95% 34.62% -12.63% 6.49% 11.90% S&P 500® 15.29% 24.56% 10.01% 15.05% 12.86% Dow Jones Industrial Avg. 4.79% 16.02% 6.42% 10.33% 11.30% NASDAQ Composite 18.57% 29.61% 7.78% 18.21% 16.07% (1) Not annualized for periods of less than one full year.
(2) The Fund's inception date was July 1, 1997.
The Fund's performance information assumes reinvestment of all dividends and includes all Fund expenses, but does not reflect the impact of taxes. Performance data quoted represent past performance, which is not a guarantee of future results, and current performance may be lower or higher than the performance quoted. Both the return from and the principal value of an investment in the Fund will fluctuate so that any investor's shares, when redeemed, may be worth more or less than their original cost. Please keep in mind that any high double-digit returns are highly unusual and cannot be sustained. A Fund's performance, especially for short time periods, should not be the sole factor in making an investment decision. A redemption fee of 2% will be imposed on redemptions of Fund shares owned for 90 days or less. To obtain performance as of the most recent month-end, please contact The Berkshire Funds by calling 877.526.0707.
The Dow Jones Industrial Average is a measurement of general price movement for 30 widely-held stocks primarily listed on the New York Stock Exchange.The S&P 500 Index is the Standard & Poor's Composite Index of 500 stocks, a widely-recognized, unmanaged index of common stock prices. The NASDAQ Composite Index is an unmanaged index which averages the trading prices of over 5,000 common stocks listed on the NASDAQ Stock Market. You cannot invest directly in an index.
-
Contact Us
How to Contact Us
Call our Shareholder Services Representatives toll-free at 877.526.0707 between 8:30 a.m. and 5:00 p.m. EST, Monday through Friday.You may also access this automated telephone response system 24 hours a day, 7 days a week to hear the day's closing net asset value or to leave a message.The Berkshire Funds
c/o Mutual Shareholder Services, LLC
8000 Town Centre Drive
Suite 400
Broadview Heights, OH 44147Berkshire Capital Holdings, Inc.
228 Hamilton Avenue
3rd Floor
Palo Alto, CA 94301Phone: 408.526.0707
Fax: 408.944.0707
The Berkshire Funds are offered only to persons residing in the United States or Puerto Rico, and information on this Website is intended only for such persons. Nothing on this Website should be considered a solicitation to buy or an offer to sell shares of any Berkshire Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.
Please consider the investment objectives, risks and charges and expenses of the Fund carefully before investing. The Fund's prospectus contains this and other information about the Fund and is available HERE or by calling 877.526.0707. Please read the prospectus carefully before investing. An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund may be offered only to persons in the United States and by way of a prospectus. This website should not be considered a solicitation or offering of any product or service to investors residing outside the United States.
Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling toll-free 877.526.0707.
The Berkshire Focus Fund is distributed by Arbor Court Capital, LLC - Member FINRA. Check the background of Arbor Court Capital on FINRA's BrokerCheck.
