Approval has been given by the Board of Directors of Fairholme Funds to reopen The Fairholme Fund (FAIRX) to new investors.

Effective August 19, the Fairholme Fund began offering its shares to new investors and accepting orders for the purchase of fund shares from same. The decision to once again allow new investors was based on the expectation that, given its current holdings, investment opportunities and liquidity, these new inflows can be invested in a manner that is consistent with the fund’s objective and strategies.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.