About KSCYX
Kinetics Small Cap Opportunities Fund Institutional Class is a non-diversified mutual fund specializing in investments in small-cap companies, primarily within the United States. The fund seeks long-term capital growth by targeting fundamentally undervalued businesses whose market capitalizations are at or below the highest component of the S&P SmallCap 600 Index. Its strategy emphasizes companies with high barriers to entry, resilient business models, and strong capital structures, occasionally including newer firms developing niche products or markets.
This fund exhibits a concentrated portfolio, with a significant portion—over half—invested in a single holding, and its top ten positions accounting for a substantial share of assets. Sectors represented include energy, technology, utilities, consumer cyclical, real estate, and financial services. Managed by an experienced team since its inception in 2000, the fund's low turnover suggests a long-term, buy-and-hold approach. Kinetics Small Cap Opportunities Fund Institutional Class plays a specialized role in the market, providing focused exposure to small-cap growth opportunities for institutional investors seeking diversification beyond large-cap equities.
Fund Family Kinetics
Category Small Growth
Performance Rating Above Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol KSCYX
Share Class Institutional Class
Index S&P 600 Small Cap TR
KSCYX had a total return of 4.55% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.13%.
