FOJCLX

About FOJCLX

Marshfield Concentrated Opportunity Fund is an actively managed mutual fund focused on a concentrated equity strategy. Its primary objectives are capital preservation and long-term growth of principal, aiming for a performance trajectory intentionally distinct from broader market trends. The fund typically holds a select portfolio of 16-24 equity securities, complemented by a variable cash position that can constitute up to 25% of assets, depending on opportunity rather than tactical market timing. Marshfield’s selection process emphasizes companies with resilient business models, consistent profitability, and prudent, long-term focused management teams. Sector allocation is not constrained, allowing investments across a wide array of industries, as reflected in notable holdings like AutoZone, Ross Stores, Mastercard, and Cummins. By diligently avoiding so-called consensus stocks and maintaining flexibility to hold substantial cash, the fund seeks to sidestep the limitations of "closet indexing" and to structure for superior long-term outcomes. This approach gives Marshfield Concentrated Opportunity Fund a distinctive role among large-cap and blended equity funds, catering to investors who value disciplined concentration and a differentiated market perspective.