KCM Macro Trends Fund Class R-2 (KCMBX)

Net Asset Value
1 Day
Overall Morningstar Rating
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. The fund invests globally in companies of all sizes and in all sectors, long or short, and to hold cash. It invests principally in domestic and foreign equity securities (common stock), exchange traded funds ("ETFs"), futures and options. The fund focuses on the broad macroeconomic environment. It may sell equity securities short up to 50% of its net assets if the adviser believes the value of the equity security is likely to depreciate in value. The fund may purchase and sell futures contracts, and may purchase and sell options on securities, securities indexes, and futures contracts. It is non-diversified.


1 month-0.38% 3 years+11.91%
3 months+6.91% 5 years+6.90%
1 year+17.05% Since inception+7.63%
Data through --

Peer Comparisonvs. Multialternative

Performance 5-yr return+6.90%+5.16%
Expense ratio2.49%2.05%
Risk 5 year sharpe ratio0.520.70
Net assets$88.4M$344.6M
Average market cap$26.8B$24.6B
Average P/E17.417.7
Portfolio turnover272%272%

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Fund Management and Purchase Info

Fund familyKCM
Fund manager & tenureLane Kerns / 5 Years
Minimal initial investment$5,000.00
Minimum IRA investment$5,000.00


U.S. stock62.02%
International stock32.49%
Fixed income0.02%
Top 5 Sectors
Portfolio weighting
Industrial materials 32.71%
Consumer goods 10.45%
Energy 10.40%
Business service 9.80%
Hardware 9.75%
Top 10 Holdings
Portfolio weighting
XLP Consumer Staples Select Sector SPDR® ETF7.52%
SPXL Direxion Daily S&P500® Bull 3X Shares7.02%
XLF Financial Select Sector SPDR® ETF5.92%
DFE WisdomTree Europe SmallCap Dividend3.96%
AAPL Apple Inc3.22%
XLU Utilities Select Sector SPDR® ETF2.99%
VHT Vanguard Health Care ETF2.27%
SWKS Skyworks Solutions Inc1.86%
MTDR Matador Resources Co1.78%
HAL Halliburton Co1.66%

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