About KGLCX
Kinetics Global Fund Advisor Class C is a diversified mutual fund designed to pursue long-term capital growth by investing globally across a wide array of equity securities. Managed by Horizon Kinetics Asset Management, the fund allocates its entire portfolio to the Global Portfolio, which targets value-oriented investment opportunities in both developed and emerging markets. At least 40% of assets are invested in companies headquartered outside the United States, reflecting the fund’s commitment to international diversification.
The fund’s strategy emphasizes identifying unique business models and pricing inefficiencies, with holdings spanning common stocks, exchange-traded funds, convertible securities, and warrants. Its portfolio is concentrated, featuring a significant portion in its top ten holdings—often representing more than half of assets. Key sectors include energy, financial services, basic materials, and communication services, and the fund has notable exposure to alternative assets like cryptocurrency trusts.
The fund is actively managed, with a moderate allocation approach, and seeks to balance risk and return while maintaining a relatively low portfolio turnover. With seasoned portfolio managers and a focus on value investing, Kinetics Global Fund Advisor Class C plays a role as a global diversification tool for investors seeking exposure beyond U.S. borders.
Fund Family Kinetics
Category GL Sm/Mid-Cap
Performance Rating High
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol KGLCX
Share Class Advisor Class C
Index S&P 500 TR
KGLCX had a total return of -2.95% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.99%.
