Biondo Focus Fund

Frequently Asked Questions About BFONX

What does BFONX invest in?

The Biondo Focus Fund principally directs its capital towards a range of long-term holdings. These include equity shares of American corporations, regardless of their market valuation, alongside American Depositary Receipts (ADRs) representing ownership in foreign businesses. The fund also invests in high-grade fixed income instruments, exchange-traded funds (ETFs), and derivative options linked to stocks, ADRs, and ETFs. Furthermore, it possesses the ability to employ financial leverage, potentially through bank loans, up to a maximum of 33% of its total assets, which are defined as the sum of its net assets and any borrowed funds used for investment. It is important to note that this fund operates with a non-diversified investment strategy.

What is the expense ratio of BFONX?

Biondo Focus Fund (BFONX) charges an expense ratio of 1.50%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BFONX?

Biondo Focus Fund (BFONX) manages $43.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is BFONX actively managed or an index fund?

BFONX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was BFONX launched?

Biondo Focus Fund (BFONX) launched in March 2010 and is managed by the fund issuer.

How has BFONX performed?

BFONX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.