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Home>Fairholme Funds Semi-Annual Report 2011

Fairholme Funds Semi-Annual Report 2011

Perspectives Content Submission

Tue, 9 Aug 2011

To the Shareholders and Directors of Fairholme Funds: The Fairholme Fund lost 9.42% during the first six months of 2011 while the S&P 500 Index (“S&P 500”) gained 6.02%. Since inception, the Fairholme Fund increased by 301.18%, which compares favorably to the S&P 500’s gain of 11.34%. A $1 million
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