The Cook & Bynum Fund (COBYX)
| Fund Assets | 81.67M |
| Expense Ratio | 1.49% |
| Min. Investment | $5,000 |
| Turnover | 6.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 15.84 |
| YTD Return | -5.34% |
| 1-Year Return | 1.92% |
| 5-Year Return | 20.82% |
| 52-Week Low | 15.33 |
| 52-Week High | 17.50 |
| Beta (5Y) | 0.52 |
| Holdings | 17 |
| Inception Date | Jul 1, 2009 |
About COBYX
The Cook & Bynum Fund is a concentrated, actively managed mutual fund focused on long-term capital growth through strategic investment in a limited number of global public equities. Adhering to an absolute value investing philosophy, the fund targets undervalued businesses with sustainable competitive advantages and strong, well-aligned management teams. Its approach is characterized by rigorous, on-the-ground research and a clear preference for high-conviction positions; historically, the portfolio has seldom held more than ten companies at a time, favoring a deep understanding of each investment over broader diversification. The fund allocates predominantly to equities in emerging markets but remains opportunistic across geographies and sectors, with notable exposures to consumer defensive and financial services industries. Risk management is emphasized through disciplined valuation and a margin of safety on entry. Since its inception in 2009, The Cook & Bynum Fund has demonstrated a low-turnover, patient investment style, seeking to compound capital by holding its selections until they achieve the adviser’s estimate of intrinsic value. Its differentiated, high-conviction strategy has established the fund as a distinctive choice within the diversified emerging markets category.
Performance
COBYX had a total return of 1.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 47.32%.
Top 10 Holdings
92.84% of assets| Name | Symbol | Weight |
|---|---|---|
| Arca Continental, S.A.B. de C.V. | AC | 24.67% |
| Berkshire Hathaway Inc. | BRK.B | 20.39% |
| Default - Coca-Cola Embonor S.A. | EMBONOR-B.SN | 9.89% |
| Anheuser-Busch InBev SA/NV | BUD | 9.87% |
| Default - United States Treasury Bill | B.0 10.02.25 | 7.17% |
| Fomento Económico Mexicano, S.A.B. de C.V. | FMX | 6.94% |
| Liberty Latin America Ltd. | LILAK | 4.32% |
| Default - Union de Cervecerias Peruanas Backus y Johnston S.A.A. | n/a | 3.57% |
| Default - US Bank Money Market Demand Account | n/a | 3.52% |
| Default - BIM Birlesik Magazalar A.S. | BIMAS.E.IS | 2.50% |