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About
Berwyn
Fund

BERWYN FUND

Berwyn Fund, founded in 1984, is a no-load equity mutual fund. It offers investors a diversified portfolio of mostly small-cap stocks selected in accordance with The Killen Group's value style, which emphasizes undervalued, temporarily out-of favor securities. We believe a diversified portfolio of such securities will, over time, provide superior long term performance while reducing market volatility.

Berwyn Fund Facts

Media Recognition


Value fund
seeking long-term growth through capital gains
Undervalued common stocks that offer the potential for long term capital appreciation with less risk
Low price to  earnings, price to book and/or cash flow ratios
Turnaround situations, companies selling below their intrinsic worth, stocks that are overlooked by Wall Street

Diversified portfolio of common stocks

About
Berwyn
Income
Fund

BERWYN INCOME FUND

For investors desiring a high level of current income while maintaining some potential for capital appreciation, Berwyn Income Fund has filled a unique role since 1987. It, too, is managed utilizing The Killen Group's value-oriented security selection process. As such, many of the holdings are in companies undergoing fundamental positive changes.

While the majority of Berwyn Income Fund's portfolio is invested in bonds, it may invest up to 30% of its assets in dividend paying common stocks. The fund's balanced, income-oriented approach affords a greater level of price stability than an all equity portfolio.

Berwyn Income Fund Facts

Media Recognition

Current income consistent with preservation of purchasing power
Income comparable to traditional bond funds
Up to 30% of
assets in dividend-paying common stocks
Above average
total returns with reduced volatility
Quarterly
distribution of income
Appreciation
potential

Value-oriented  investment
approach

About
Berwyn
Cornerstone
Fund


BERWYN CORNERSTONE FUND

Berwyn Cornerstone Fund is a no-load equity mutual fund adhering to The Killen Group's time-tested style of seeking undervalued investments. It emphasizes companies with market capitalizations considered by most investors to be mid-cap and large cap in size. The ability to invest across a broad spectrum of market capitalizations gives this fund the flexibility to navigate in different market environments.

Fund Inception: May 1st, 2002

Berwyn Cornerstone Fund Facts

Value fund seeking long-term growth through capital gains
Emphasizes mid-cap companies
Strictly adheres to selection criteria
Advisor has practiced its value style of management for almost two decades
Annual operating    expenses capped 
at 2%

A Focus
on Value

Investment Selection Process

...is a multi-step process, with each step soundly based on time-tested value principles.

The first step is to screen potential candidates using such criteria as the price-to-book ratio, price-to-earnings ratio, price-to-cash flow ratio and other, proprietary, measures.

The next step is to analyze the industry in which the candidate company operates. What are the barriers to entry, growth prospects and competitive climate? 

The third step involves an evaluation of the candidate's financial strength, emphasizing a strong balance sheet and return on equity. 

Finally, assuming the candidate has passed the preceding steps, an attractive entry point for purchasing the security is determined by a combination of technical and fundamental analysis.



Value Principles

Screen Candidates
Analyze
Industry
Evaluate Financial Strength
Determine  Entry Point

 

         For additional information regarding our funds, including the 
objectives, risks and investment strategies, please read The Berwyn Funds
prospectus found in the Funds Literature section of this website.