Berkshire Focus Fund (BFOCX)
Berkshire Focus Fund operates in the Asset Management industry of the Financial Services sector, headquartered in San Jose, CA, US. The stock last traded at $51.97, up 4.59% on the session, giving a market capitalisation of $485.4M. Its beta of 2.26 implies it has historically moved more than the broad market.
The Berkshire Focus Fund aims for long-term capital appreciation primarily by investing in common stocks. Its portfolio managers have the flexibility to select companies across the entire market capitalization spectrum, regardless of their size. A defining characteristic of this fund is its substantial concentration in the electronic technology sector; it can allocate a significant portion of its assets – ranging from over 25% to as much as 100% – to this specific industry. Furthermore, the fund is permitted to invest in foreign securities without geographical limitation and may also utilize certain types of exchange-traded funds (ETFs). Consequently, due to its highly focused investment approach, the Berkshire Focus Fund is classified as non-diversified.
Berkshire Focus Fund is most often compared with the following Financial Services names: