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…


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WSJ Ranks Bretton in Top 10

Bretton Fund makes the top 10 in The Wall Street Journal (pdf) review of mutual funds for the multicap value fund category. The recognition is nice, but we know rankings can be ephemeral.


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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)…


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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…


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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…


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Bretton Fund Launches

Today, the Bretton Fund commences operations. The mutual fund will follow a focused, value strategy and will have a long investment time horizon. The Bretton Fund's founder and portfolio manager,…


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MutualFundWire Covers Bretton Fund Filing

MutualFundWire.com covers the launch of the Bretton Fund, "Parnassus' Ex-Pres Plots a New Fund." From the article: "Former Parnassus Investments president Stephen Dodson is getting back into the…


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