What’s New:

April 2020Slaughterhouse Five (Hundred) - an in depth look at passive investing and its effects on US stocks. By Brian and Alfred Frank. Updated for COVID-19.
May 2020Summary slides of Slaughterhouse Five (Hundred) - an in-depth look at the deterioration of US stock market structure from the rise in passive investing. (pdf)
October 2020Frank Value Fund Q3 2020 Letter to Shareholders

“I don’t want a lot of good investments;
I want a few outstanding ones.” – Philip Fisher

“Operations for profit should be based not on optimism
but on arithmetic.” – Benjamin Graham


Non-FDIC insured. May lose value. No bank guarantee. The Fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the Fund, and it may be obtained by following this link or by calling 1-888-217-5426. Please read it carefully before you invest or send money.

Arbor Court Capital LLC, Distributor, Broadview Heights, OH 44147



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