Fairholme Capital Management offers continuous investment management services on a discretionary basis to high net worth individuals, pension plans, trusts, estates, charitable organizations, corporations, and registered investment companies. Fairholme manages accounts through the Fairholme Managed Account Program (MAP) and the Fairholme Funds, Inc. Fairholme aims for above-average total returns, potentially investing a large portion of assets in shares of its Mutual Funds.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.00% |
The investment management fee is non-negotiable, but may be reduced or waived in Fairholme’s sole discretion. Effective January 1, 2018, Fairholme agreed to waive, on a voluntary basis, a portion of the investment management fee charged to each Account to an annual rate of 0.80% of the Account’s assets under management. This voluntary waiver may be terminated by Fairholme upon 60 days’ written notice to the Account.