Marshfield Concentrated Opportunity

Frequently Asked Questions About MRFOX

What does MRFOX invest in?

The Marshfield Concentrated Opportunity fund (MRFOX) primarily invests in common shares of American companies, whether traded on U.S. securities exchanges or through over-the-counter markets. Its strategy centers on identifying businesses that the Adviser's rigorous analysis deems significantly undervalued relative to their intrinsic worth. The fund is flexible in terms of company size, capable of allocating capital across the entire market capitalization spectrum, from large-cap industry leaders to smaller, emerging enterprises. Importantly, this is a non-diversified fund, indicating a concentrated portfolio approach.

What is the expense ratio of MRFOX?

Marshfield Concentrated Opportunity (MRFOX) charges an expense ratio of 1.02%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MRFOX?

Marshfield Concentrated Opportunity (MRFOX) manages $1.23B 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 MRFOX actively managed or an index fund?

MRFOX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (MRFOX's is 1.02%) in exchange for the discretion to over- or under-weight positions.

When was MRFOX launched?

Marshfield Concentrated Opportunity (MRFOX) launched in December 2015 and is managed by the fund issuer.

How has MRFOX performed?

MRFOX'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.