Our SMAs are highly concentrated, typically holding 16-20 stocks. We are disciplined adherents of our process and are extremely selective regarding the stocks we want to own. We seek resilient companies with long-term competitive advantages, and we require a margin of safety when making a new stock purchase. Moreover, we are willing to hold cash when we cannot find the opportunities we seek. Historically, our SMAs have been characterized by low turnover and less volatility than the market.
We serve as the investment adviser to the Marshfield Concentrated Opportunity Fund (ticker: MRFOX), which is managed according to the same investment philosophy and discipline as our separately managed accounts. For more information about the Fund please visit marshfieldfunds.com.
Mutual fund investing involves risk, and principal loss is possible. The Fund may not be appropriate for use as a complete investment program, and there is no assurance that the Fund will achieve its investment objectives.
Investors should consider the Fund’s investment objectives, risks, charges, and expenses before investing. The prospectus contains this and other information about the Fund and should be read carefully before investing. The prospectus may be obtained by visiting the Fund’s website via the link above or by calling 855-591-5288.
The Fund is distributed by Ultimus Fund Distributors, LLC (Member FINRA).
Control Number: 20240923-3874362
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