Fairholme Funds has launched the Fairholme Allocation Fund, which will seek long-term returns from capital appreciation and income by investing in equities, fixed income, cash and cash equivalent securities.

The fund will be able to change its allocation to these various classes, depending on its assessment of relative fundamental values of securities, the attractiveness of investment opportunities and economic conditions.

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.