MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, April 11, 2011 Two Fairholme Alumni Launch Their Maiden Fund Two former Fairholme Capital Management portfolio managers have launched their first offering, the GoodHaven Fund, which is a no-load, go-anywhere mutual fund. The PMs of the GoodHaven Fund are Larry Pitkowsky and Keith Trauner, former PMs with Fairholme Capital Management (see The MFWire 01/19/2011). "For us, identifying a difference between the market value of a security and its intrinsic value is what defines an investment opportunity," stated Pitkowsky. "And with a flexible, go-anywhere mandate, we have the ability to focus the Fund’s portfolio where we see the greatest values.” The minimum initial investment is $10,000 for regular accounts and $2,500 for retirement, tax-deferred and UGMA/UTMA accounts. Printed from: MFWire.com/story.asp?s=36517 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |