BFOCX: Berkshire Focus

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BFOCX Berkshire Focus


Profile

BFOCX - Profile

Vitals

  • YTD Return 17.1%
  • 3 Yr Annualized Return 17.5%
  • 5 Yr Annualized Return 11.7%
  • Net Assets $362 M
  • Holdings in Top 10 64.9%

52 WEEK LOW AND HIGH

$32.24
$26.95
$33.67

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.97%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

  • Standard (Taxable) $5,000
  • IRA $2,500

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Technology

Distributions

  • YTD Total Return 17.1%
  • 3 Yr Annualized Total Return 25.4%
  • 5 Yr Annualized Total Return 30.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.20%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Berkshire Focus Fund
  • Fund Family Name
    Berkshire
  • Inception Date
    Jul 01, 1997
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Malcolm Fobes

Fund Description

The fund invests primarily in common stocks that are selected for their long-term growth potential. It may invest in companies of any size. The fund concentrates its investments in the electronic technology industry, which means more than 25%, and as much as 100%, of the fund's total assets can be invested in that particular industry. It may invest without limitation in foreign securities and certain types of exchange traded funds. The fund is non-diversified.


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Categories

Performance

BFOCX - Performance

Return Ranking - Trailing

Period BFOCX Return Category Return Low Category Return High Rank in Category (%)
YTD 17.1% -1.0% 28.7% 3.93%
1 Yr 16.1% -13.9% 41.8% 67.05%
3 Yr 17.5%* -20.2% 29.5% 26.58%
5 Yr 11.7%* -15.3% 20.2% 35.17%
10 Yr 14.8%* -0.7% 18.0% 16.36%

* Annualized

Return Ranking - Calendar

Period BFOCX Return Category Return Low Category Return High Rank in Category (%)
2019 23.3% -3.0% 62.7% 71.26%
2018 4.0% -49.7% 4.3% 1.22%
2017 18.6% -17.3% 55.5% 88.31%
2016 -0.4% -17.1% 32.1% 79.31%
2015 3.5% -17.6% 11.6% 29.66%

Total Return Ranking - Trailing

Period BFOCX Return Category Return Low Category Return High Rank in Category (%)
YTD 17.1% -1.0% 28.7% 3.93%
1 Yr 16.1% -13.9% 41.8% 67.05%
3 Yr 25.4%* -20.2% 33.7% 6.33%
5 Yr 30.2%* -15.3% 30.2% 0.69%
10 Yr 24.0%* -0.7% 24.0% 0.91%

* Annualized

Total Return Ranking - Calendar

Period BFOCX Return Category Return Low Category Return High Rank in Category (%)
2019 23.3% -3.0% 62.7% 71.26%
2018 4.0% -49.7% 5.1% 3.05%
2017 44.1% -17.3% 55.5% 13.64%
2016 -0.3% -17.1% 32.8% 85.52%
2015 83.1% -13.9% 83.1% 0.69%

NAV & Total Return History


Holdings

BFOCX - Holdings

Concentration Analysis

BFOCX Category Low Category High BFOCX % Rank
Net Assets 362 M 87.5 K 30.3 B 62.78%
Number of Holdings 45 22 384 72.22%
Net Assets in Top 10 194 M 19 K 17.6 B 62.78%
Weighting of Top 10 64.91% 14.3% 81.1% 5.56%

Top 10 Holdings

  1. Mastercard Inc A 14.55%
  2. Apple Inc 7.02%
  3. Microsoft Corp 6.28%
  4. Alibaba Group Holding Ltd ADR 6.01%
  5. Lam Research Corp 5.65%
  6. Applied Materials Inc 5.51%
  7. Shopify Inc A 5.03%
  8. NVIDIA Corp 5.03%
  9. Marvell Technology Group Ltd 5.02%
  10. Lattice Semiconductor 4.82%

Asset Allocation

Weighting Return Low Return High BFOCX % Rank
Stocks
100.94% 86.23% 100.94% 0.56%
Preferred Stocks
0.00% 0.00% 1.04% 62.22%
Convertible Bonds
0.00% 0.00% 0.00% 57.78%
Cash
0.00% 0.00% 12.89% 97.78%
Bonds
0.00% 0.00% 0.13% 62.78%
Other
-0.94% -4.36% 6.59% 93.33%

Stock Sector Breakdown

Weighting Return Low Return High BFOCX % Rank
Technology
72.30% 29.48% 100.00% 29.44%
Financial Services
14.42% 0.00% 47.61% 6.67%
Consumer Cyclical
9.20% 0.00% 31.80% 40.00%
Healthcare
3.36% 0.00% 33.24% 26.67%
Communication Services
0.72% 0.00% 43.22% 88.89%
Utilities
0.00% 0.00% 3.80% 57.78%
Real Estate
0.00% 0.00% 8.18% 75.00%
Industrials
0.00% 0.00% 33.78% 86.67%
Energy
0.00% 0.00% 1.25% 58.33%
Consumer Defense
0.00% 0.00% 6.01% 75.00%
Basic Materials
0.00% 0.00% 3.13% 64.44%

Stock Geographic Breakdown

Weighting Return Low Return High BFOCX % Rank
US
84.88% 42.64% 98.77% 55.00%
Non US
16.06% 0.57% 53.48% 26.67%

Expenses

BFOCX - Expenses

Operational Fees

BFOCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.97% 0.10% 26.92% 21.02%
Management Fee 1.50% 0.09% 1.95% 98.32%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.50% 0.04% 0.50% 100.00%

Sales Fees

BFOCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

BFOCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 44.44%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

BFOCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 2.00% 732.00% 98.87%

Distributions

BFOCX - Distributions

Dividend Yield Analysis

BFOCX Category Low Category High BFOCX % Rank
Dividend Yield 0.00% 0.00% 8.15% 59.44%

Dividend Distribution Analysis

BFOCX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

BFOCX Category Low Category High BFOCX % Rank
Net Income Ratio -1.20% -2.08% 1.32% 89.20%

Capital Gain Distribution Analysis

BFOCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

BFOCX - Fund Manager Analysis

Managers

Malcolm Fobes


Start Date

Tenure

Tenure Rank

Jul 01, 1997

22.6

22.6%

Malcolm R. Fobes III is the Chief Investment Officer of Berkshire Capital and has over 18 years of experience as a securities analyst and a portfolio manager. 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 also serves as an Independent Director and Chairman of the Audit Committee for United States Commodity Funds, LLC. He has been listed with the CFTC as a Principal of United States Commodity Funds since November 2005. Mr. Fobes holds a Bachelor of Science degree in Finance with a minor in Economics from San Jose State University in California.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 30.1 8.06 5.93