Weitz Funds Hickory Fund 

The fund operates with a disciplined investment philosophy, aiming to purchase equity in businesses ranging from outstanding to superior quality when the advisor determines their market price to be less than their intrinsic value. A significant portion of the fund's capital is primarily allocated to the common shares of mid-sized enterprises. Should there be uninvested cash and a lack of suitable securities meeting the fund's stringent criteria, it reserves the right to hold an unrestricted amount in highly secure, liquid assets, such as U.S. government-issued bonds or shares in government money market funds.