Dorfman: Im thrilled about the mutual fund. We
launched the fund, which is modestly called
Dorfman Value Fund, on December 31, 2007. As of
June 30, we were actually up fractionally for the
year which in a nasty year such as 2008 pleased
me very much. As of this moment, through the close
on August 28, we are down -3.8% while the Standard
& Poors 500 Index is down -10.2%.
For many years, Ive dreamed about running a
mutual fund. I have nothing against making rich
people richer, but Ive always wanted to have an
investment product for the ordinary person. In
addition, Ive always liked the idea of competing
in an open, fair public forum against other mutual
fund managers, many of whom I respect. I love the
idea that we are all judged quantitatively by the
same rules, and that the results are public
knowledge in newspapers and on the web. It appeals
to my competitive instincts.
The funds stock symbol is DORFX and people can
download the prospectus and other information from
our website or they can phone 1-888-6-DORFMAN.
http://www.dorfmanvalue.com/index.h
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