August 20, 2012
2012 Semiannual Report to Shareholders
This shareholder letter is part of the Bretton Fund 2012 Semiannual Report. Here's the full report (pdf). August 17, 2012 Dear Fellow Shareholders: The Bretton Fund’s net asset value per share (NAV)…
April 16, 2012
2012 Q1 Shareholder Letter
April 17, 2012 Dear Fellow Shareholders: The Bretton Fund’s net asset value per share (NAV) as of March 30, 2012, was $18.96, and the total return for the fund for the quarter was 11.66%. Over the…
February 28, 2012
2011 Annual Report to Shareholders
This shareholder letter is part of the Bretton Fund 2011 Annual Report (pdf). February 27, 2012 Dear Fellow Shareholders: The Bretton Fund’s net asset value per share (NAV) as of December 31, 2011,…
October 19, 2011
2011 Q3 Shareholder Letter
October 19, 2011 Dear Fellow Shareholders: The Bretton Fund’s net asset value per share (NAV) as of September 30, 2011, was $14.76, and the total return for the fund for the quarter was a decline…
August 11, 2011
2011 Semiannual Report to Shareholders
This shareholder letter is part of the Bretton Fund 2011 Semiannual Report. Here's the full report (pdf). August 11, 2011 Dear Fellow Shareholders: The Bretton Fund’s net asset value per share (NAV)…
April 19, 2011
2011 Q1 Shareholder Letter
April 19, 2011 Dear Fellow Shareholders: The Bretton Fund’s net asset value per share (NAV) as of March 31, 2011, was $16.45, and the total return for the fund for the quarter was 3.33%. Over the…
February 28, 2011
2010 Annual Report to Shareholders
This letter is an excerpt from the Bretton Fund 2010 Annual Report. Here's the full report (pdf). February 24, 2011 Dear Fellow Shareholders: The Bretton Fund's net asset value per share (NAV) as of…