<PAGE> PAGE 1
000 B000000 12/31/1999
000 C000000 0001030979
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 THE BERKSHIRE FUNDS
001 B000000 811-08043
001 C000000 4085260707
002 A000000 475 MILAN DRIVE, #103
002 B000000 SAN JOSE
002 C000000 CA
002 D010000 95134
002 D020000 2453
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 1
007 C010100 1
007 C020100 THE BERKSHIRE FOCUS FUND
007 C030100 N
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 BERKSHIRE CAPITAL HOLDINGS, INC.
008 B00AA01 A
008 C00AA01 801-53149
008 D01AA01 SAN JOSE
008 D02AA01 CA
008 D03AA01 95134
008 D04AA01 2453
010 A00AA01 BERKSHIRE CAPITAL HOLDINGS, INC.
010 C01AA01 SAN JOSE
010 C02AA01 CA
010 C03AA01 95134
010 C04AA01 2453
012 A00AA01 MUTUAL SHAREHOLDER SERVICES, LLC
012 B00AA01 84-5821
012 C01AA01 CLEVELAND
012 C02AA01 OH
<PAGE> PAGE 2
012 C03AA01 44114
012 C04AA01 1800
013 A00AA01 MCCURDY & ASSOCIATES, INC.
013 B01AA01 WESTLAKE
013 B02AA01 OH
013 B03AA01 44145
015 A00AA01 FIRSTAR BANK NA
015 B00AA01 C
015 C01AA01 CINCINNATI
015 C02AA01 OH
015 C03AA01 45263
015 E01AA01 X
018 00AA00 Y
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019 B00AA00 0
020 A000001 INVESTORS NATIONAL CORPORATION
020 B000001 91-1341519
020 C000001 29
020 A000002 GRADIS, MCDONALD
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<PAGE> PAGE 3
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<PAGE> PAGE 4
057 00AA00 N
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059 00AA00 Y
060 A00AA00 N
060 B00AA00 N
061 00AA00 5000
077 A000000 Y
077 B000000 Y
077 Q010000 Y
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080 A00AA00 THE TRAVELERS CASUALTY AND SURETY COMPANY
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<PAGE> PAGE 5
045 000100 Y
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<PAGE> PAGE 6
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070 I010100 N
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070 J020100 N
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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SIGNATURE MALCOLM R. FOBES III
TITLE CHAIRMAN
<TABLE> <S> <C>
<ARTICLE> 6
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 20,579,632
<INVESTMENTS-AT-VALUE> 33,981,280
<RECEIVABLES> 0
<ASSETS-OTHER> 1,899,042
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 35,880,322
<PAYABLE-FOR-SECURITIES> 2,235,303
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 44,727
<TOTAL-LIABILITIES> 2,280,030
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 20,479,944
<SHARES-COMMON-STOCK> 843,323
<SHARES-COMMON-PRIOR> 21,474
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (281,300)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 13,401,648
<NET-ASSETS> 33,600,292
<DIVIDEND-INCOME> 531
<INTEREST-INCOME> 18,101
<OTHER-INCOME> 0
<EXPENSES-NET> 192,370
<NET-INVESTMENT-INCOME> (173,738)
<REALIZED-GAINS-CURRENT> (135,467)
<APPREC-INCREASE-CURRENT> 13,297,088
<NET-CHANGE-FROM-OPS> 12,987,883
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (73,435)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,051,819
<NUMBER-OF-SHARES-REDEEMED> (231,614)
<SHARES-REINVESTED> 1,644
<NET-CHANGE-IN-ASSETS> 33,247,304
<ACCUMULATED-NII-PRIOR> 20
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 144,283
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 192,370
<AVERAGE-NET-ASSETS> 10,173,508
<PER-SHARE-NAV-BEGIN> 16.44
<PER-SHARE-NII> (0.31)
<PER-SHARE-GAIN-APPREC> 23.80
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.09)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 39.84
<EXPENSE-RATIO> 1.89
</TABLE>
Board of Directors
Berkshire Focus Fund
In planning and performing our audit of the financial statements
of Berkshire Focus Fund for the year ended December 31, 1999, we
considered its internal control structure, including procedures
for safeguarding securities, in order to determine our auditing
procedures for the purpose of expressing our opinion on the
financial statements and to comply with the requirements of Form
N-SAR, not to provide assurance on the internal control struc
ture.
The management of Berkshire Focus Fund is responsible for
establishing and maintaining an internal control structure. In
fulfilling this responsibility, estimates and judgments by
management are required to assess the expected benefits and
related costs of internal control structure policies and
procedures. Two of the objectives of an internal control
structure are to provide management with reasonable, but not
absolute, assurance that assets are safeguarded against loss from
unauthorized use or disposition and transactions are executed in
accordance with management's authorization and recorded properly
to permit preparation of financial statements in conformity with
generally accepted accounting principles.
Because of inherent limitations in any internal control struc
ture, errors or irregularities may occur and may not be detected.
Also, projection of any evaluation of the structure to future
periods is subject to the risk that it may become inadequate
because of changes in conditions or that the effectiveness of the
design and operation may deteriorate.
Our consideration of the internal control structure would not
necessarily disclose all matters in the internal control struc
ture that might be material weaknesses under standards estab
lished by the American Institute of Certified Public Accountants.
A material weakness is a condition in which the design or opera
tion of the specific internal control structure elements does not
reduce to a relatively low level the risk that errors or irregu
larities in amounts that would be material in relation to the
financial statements being audited may occur and not be detected
within a timely period by employees in the normal course of
performing their assigned functions. However, we noted no mat
ters involving the internal control structure, including
procedures for safeguarding securities, that we consider to be
material weaknesses as defined above as of December 31, 1999.
This report is intended solely for the information and use of
management and the Securities and Exchange Commission.
McCurdy & Associates CPA's, Inc.
Westlake, Ohio
January 8, 2000
