The Marshfield Concentrated Opportunity Fund’s objective is to achieve long term capital growth. The investment strategy employed by the Fund seeks to achieve the dual goals of capital preservation and long-term growth of principal, while targeting a pattern of performance at variance with that of the market. The Fund is premised on the belief that in order to outperform the market, an investment strategy needs to be different from the market in as many ways as possible that add value on a risk-adjusted basis.

Marshfield believes that thoughtful concentration, the willingness to hold cash while awaiting well-priced opportunities, steering clear of generic “consensus” stocks, and being freed from sector and market capitalization constraints facilitate the goal of avoiding the “closet index” trap while laying the groundwork for superior performance.

Concentrated/Opportunity

Top 10 Holdings

Cash Position

The information contained herein should not be considered a recommendation to purchase or sell any particular security.  It should not be assume that any securities transactions, holdings or sectors discussed were or will be profitable, or that the investment recommendations or decisions that we make in the future will be profitable.