Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

KCM Macro Trends Fund Class R-1 (KCMTX)

12.04
Net Asset Value
-0.91%
1 Day
+1.78%
Year-to-Date
Overall Morningstar Rating
Multialternative
Style or Category
No Load
Sales Expenses
1.61%
Expense Ratio
High
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, and to hold 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.

Performance

1 month-0.91% 3 years+4.66%
3 months+4.15% 5 years+6.67%
1 year+3.33% Since inception+5.10%
Data through --

Peer Comparisonvs. Multialternative

 KCMTXCategory
Performance 5-yr return+6.67%+1.83%
Expense ratio1.61%1.93%
Risk 5 year sharpe ratio0.450.40
Net assets$85.0M$432.7M
Average market cap$33.6B$18.5B
Average P/E18.618.3
Portfolio turnover437%437%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyKCM
Fund manager & tenureMartin Kerns / 2 Years
Minimal initial investment$5,000.00
Minimum IRA investment$5,000.00

Holdings

U.S. stock83.20%
Fixed income11.19%
Cash4.00%
International stock1.61%
Other0.00%
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® Fund11.12%
TLT iShares 20+ Year Treasury Bond ETF9.71%
DEF Guggenheim Defensive Equity ETF7.48%
XLU Utilities Select Sector SPDR® Fund3.22%
XLE Energy Select Sector SPDR® Fund3.04%
FB Facebook2.37%
NEM Newmont Mining Corp2.24%
BCR C R Bard Inc2.04%
CNP CenterPoint Energy Inc2.03%
UNM Unum Group2.02%

Partner Offers