FAM Funds
Fenimore Private Client Group
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Stock Update: Landauer

Landauer was the second-worst performer with a loss of -$209,542. During the market decline at the beginning of 2016, we sold our position in order to upgrade the Fund and enhance its long-term position. Landauer is a fine business that provides integrated radiation safety products and services; however, there was some uncertainty in the rollout of a digital platform for their legacy badge system. We moved capital from the sale into holdings that had either better economics or lower risks.
 

The portfolio is actively managed. For the FAM Small Cap Fund's current Top 10 Holdings to the most recent quarter-end, view its Portfolio Details.

To obtain the FAM Small Cap Fund's performance data that is current to the most recent month-end, click here.

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