MutualFundWire.com: Two Fairholme Alumni Launch Their Maiden Fund
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
Back to Top