KCM Macro Trends Fund Class R-1 (KCMTX)

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; as a secondary goal- the fund seeks to manage volatility and market risk. The fund employs a flexible investment strategy- meaning it has the freedom to invest globally in companies of all sizes and in all sectors- long or short- fixed income- certain derivatives futures- and cash. It is not restricted to any "style box-" e.g.- large cap growth or small cap value. To achieve its investment objective- the fund invests principally in domestic and foreign equity securities- exchange traded funds- futures and options. The term "macro" in the fund's name refers to its focus on the broad macroeconomic environment.


1 month-3.28% 3 years+5.98%
3 months-2.04% 5 years+9.12%
1 year+16.69% Since inception+6.97%
Data through --

Peer Comparisonvs. Multialternative

Performance 5-yr return+9.12%+2.65%
Expense ratio1.65%1.80%
Risk 5 year sharpe ratio0.990.44
Net assets$87.0M$453.8M
Average market cap$32.5B$26.5B
Average P/E20.218.7
Portfolio turnover----

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Fund Management and Purchase Info

Fund familyKCM
Fund manager & tenureMartin Kerns II / 9 Years
Minimal initial investment$5,000.00
Minimum IRA investment$5,000.00


U.S. stock83.60%
International stock14.18%
Fixed income0.00%
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
XLK Technology Select Sector SPDR® Fund5.77%
XLY Consumer Discretionary Select Sector SPDR® Fund3.81%
CAT Caterpillar3.74%
AXP American Express3.09%
NKE Nike3.03%
IBM IBM3.02%
CSCO Cisco2.92%
UTX United Technologies2.53%
AET Aetna2.36%
UNH UnitedHealth2.29%