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.