Archive › February, 2015

2014 Annual Report to Shareholders

February 24, 2015

Dear Fellow Shareholders:

The Bretton Fund’s net asset value per share (NAV) as of December 31, 2014, was $25.72, and the total return for the fund for the fourth quarter was 6.91% compared to 4.93% for the S&P 500 Index. For the year, the fund returned 9.79% compared to the

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Growing Team Bretton

February 27, 2015 Dear Fellow Shareholders, I’m proud and elated to announce an anticipated wonderful addition to the Bretton Fund team. Later this year, we expect that Raphael de Balmann will be joining the Bretton Fund as a portfolio manager. Raphael and I have been close friends for almost ten years, emailing or talking on […]

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