Welcome to our Question and Answer section. We have placed the most frequently asked questions by investors about the Berkshire Focus Fund here. If your question is not answered here or you need more information about a particular question, please call us toll-free at 1-877-526-0707.
 
Q: What was the inception date of the Berkshire Focus Fund?
A: The Focus Fund’s inception date was July 1, 1997.
 
Q: Do you have a toll-free number?
A: Yes, the toll-free number is 1-877-526-0707.
 
Q: What is the CUSIP number for the Focus Fund?
A: The CUSIP number is 084649102
 
Q: Who is the Fund’s investment adviser?
A: The Fund’s investment adviser is Berkshire Capital Holdings, Inc.
 
Q: Who is the Fund’s portfolio manager?
A: The Fund’s portfolio manager is Malcolm R. Fobes III.
 
Q: Is the Fund load or a no-load?
A: The Fund is no-load.
 
Q: How do I invest in the Fund?
A: To invest directly in the Fund, call us toll-free at 1-877-526-0707. You can also invest through any of the Fund’s participating brokers (click here for a complete list of brokers). Please read the Prospectus carefully before investing or sending any money.
 
Q: What is the minimum investment amount?
A: The minimum initial investment amount for a regular account is $5,000. The minimum additional investment is $500. If your account is established using the Automatic Investment Program, the minimum initial investment is lowered to $2,500. This option allows you to make automatic monthly or quarterly investments ($100 minimum per purchase) into your Berkshire Focus Fund accounts(s). The minimum initial investment amount for an IRA account is $2,000. The minimum additional investment is $200. Lower investment minimums are available to investors purchasing shares through a participating brokerage. Please read the Prospectus for further details including the risks associated with an investment in the Fund.
 
Q: Where do I send new or additional investments?
A: Please send all shareholder communications, including applications, new or additional investments, or written account requests to:

    The Berkshire Funds,
    c/o Mutual Shareholder Services, LLC
    8000 Town Centre Drive, Suite 400
    Broadview Heights, OH 44147

 
Q: Can I open an IRA, Roth IRA, 401k, or any other tax-deferred account?
A: Yes, you can either open a tax-deferred account directly with the Fund or through any one of the Fund’s participating brokers.
 
Q: Who are the Fund’s participating brokers?
A: You can invest in the Fund through the following brokers – Charles Schwab, Fidelity Investments, Jack White & Co., Waterhouse Securities, E*Trade, Ameritrade, CSFB Direct, and The Vanguard Group. We are continuing to add new brokers so please check the Fund’s website for updates.
 
Q: Do you impose a fee to redeem shares?
A: No, we have do not have any redemption fees. Some participating brokers charge a fee to buy or sell Fund shares. Please contact the broker to find out their terms before investing.
 
Q: What is your policy on releasing the Fund’s portfolio holdings?
A: Our policy is to list the Fund’s top 10 holdings at our website after the end of each quarter. A more complete listing of the Fund’s portfolio is released on an semi-annual basis. Click here to download the Fund’s annual or semi-annual reports which contain a more complete listing of the Fund’s portfolio holdings.
 
Q: Can I have the Fund’s daily share price e-mailed to me?
A: Yes, click here to join our e-mail notification program.
 
Q: When does the Fund pay dividends and distributions?
 A: The Fund intends to pay dividends and distributions on an annual basis (typically at the end of December) and expects that distributions will consist primarily of capital gains.