VIDEO INTERVIEWS WITH BRUCE BERKOWITZ

The Funds' investment objectives, risks, charges, and expenses should be considered carefully before investing. The Prospectus contains this and other important information about the Funds, and it may be obtained by clicking here or by calling Shareholder Services at 1-866-202-2263. Read it carefully before investing.

The opinions herein expressed are those of Bruce Berkowitz and/or Fairholme Capital Management, L.L.C. and should not be considered a guarantee of future events or future results, or investment advice.

Investing in the Funds involve risk including loss of principal. Any references to past performance should not be construed as an indicator of future performance. Any projections, market outlooks or estimates that may be included in this material are forward looking statements and based upon certain assumptions. Other events that were not taken into account may occur, and may significantly affect the returns or performance of the Funds. Any assumptions should not be construed to be indicative of the actual events which will occur.

Click here to view Bruce Berkowitz Interview - February 8, 2012

This interview was conducted by Fairholme Capital Management, L.L.C. The Funds’ distributor was not involved in the event.

Please click here for important disclaimer information about our Funds and a copy of the transcript.

Click here to view Bruce Berkowitz on Consuelo Mack

Please click here for important disclaimer information about our Funds and a copy of the transcript.