Update on the Ensemble Fund (ENSBX)

7 February 2017 | by Sean Stannard-Stockton, CFA

Most of the posts here at Intrinsic Investing focus on the portfolio holdings of Ensemble Capital and our investment philosophy. But with 2016 representing the first full calendar year for the Ensemble Fund, our publicly available mutual fund, we want to take the time to share an update on our performance. The press release below discusses the fund’s performance and our view on active investing during a time when investors are shifting towards passive funds.

You can learn more about the Ensemble Fund HERE, track our performance each month HERE and see the full holdings HERE.

If you’re unable to view the embedded image below, please click HERE to view the press release.


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The information contained in this post represents Ensemble Capital Management’s general opinions and should not be construed as personalized or individualized investment, financial, tax, legal, or other advice. No advisor/client relationship is created by your access of this site. Past performance is no guarantee of future results. All investments in securities carry risks, including the risk of losing one’s entire investment. If a security discussed in this blog entry is owned by clients invested in Ensemble Capital’s core equity strategy you will find a disclosure regarding the security held above. If reviewing this blog entry after its original post date, please refer to our current 13F filing or contact us for a current or past copy of such filing. Each quarter we file a 13F report of holdings, which discloses all of our reportable client holdings. Ensemble Capital is a discretionary investment manager and does not make “recommendations” of securities. Nothing contained within this post (including any content we link to or other 3rd party content) constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instrument. Ensemble Capital employees and related persons may hold positions or other interests in the securities mentioned herein. Employees and related persons trade for their own accounts on the basis of their personal investment goals and financial circumstances.