About BRTNX
Bretton Fund is a mutual fund designed to achieve long-term capital appreciation through a concentrated, value-driven investment strategy. It primarily targets undervalued securities, with a particular focus on common stocks of companies across all market capitalizations. The fund maintains a relatively small portfolio, typically holding around 20 positions, which allows for a high-conviction approach to stock selection. Notable holdings span major sectors and include companies such as Alphabet, Progressive Corporation, American Express, and Microsoft, reflecting a diversified exposure to technology, financials, consumer discretionary, and healthcare industries. The fund distinguishes itself by having a significant proportion of its assets—over 60%—invested in its top ten holdings, demonstrating its concentrated management style. Managed by Stephen Dodson and Raphael de Balmann since its inception in 2010, Bretton Fund emphasizes low portfolio turnover and charges a 1.35% expense ratio. With over $100 million in assets under management, the fund serves investors seeking a disciplined approach to value investing within the broader large blend mutual fund category, emphasizing long-term growth through fundamental analysis and selective stock picking.
Fund Family Bretton Fund
Category Large Blend
Performance Rating Below Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol BRTNX
Index S&P 500 TR
BRTNX had a total return of 5.02% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.01%.
