About KSCOX
The Kinetics Small Cap Opportunities Fund No Load Class is a non-diversified mutual fund specializing in U.S.-focused global small-cap companies. Its primary goal is to achieve long-term capital growth by investing in fundamentally undervalued businesses with market capitalizations at or below the upper threshold of the S&P SmallCap 600 Index. The fund seeks companies exhibiting potential for significant valuation expansion, often targeting those with robust barriers to entry, enduring product cycles, and solid capital structures. Occasionally, it may also include less mature firms developing innovative products or niche markets. The portfolio is notably concentrated, with a substantial percentage of assets allocated to its top holdings, indicating a high-conviction investment strategy. Overseen by experienced managers, the fund operates with a low turnover rate, reflecting a long-term, buy-and-hold approach. Its key sectors span energy, technology, real estate, consumer, and financial services, providing diverse exposure within the small-cap segment. The fund plays a distinct role in the market by offering investors access to specialized small-cap opportunities that may not be widely represented in larger indices.
Fund Family Kinetics
Category Small Growth
Performance Rating High
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol KSCOX
Share Class No Load Class
Index S&P 600 Small Cap TR
KSCOX had a total return of 7.04% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.30%.
