Kinetics Medical Fund No Load Class (MEDRX)

29.11
Net Asset Value
+0.48%
1 Day
+10.35%
Year-to-Date
Overall Morningstar Rating
Health
Style or Category
No Load
Sales Expenses
2.09%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes in common stocks, convertible securities, warrants and other equity securities having the characteristics of common stocks of U.S. and foreign companies engaged in medical research, pharmaceutical and medical technology industries and related technology industries, generally, with an emphasis toward companies engaged in cancer research and drug development. It is non-diversified.

Performance

1 month+2.54% 3 years+22.54%
3 months+4.83% 5 years+15.09%
1 year+27.05% Since inception+10.09%
Data through --

Peer Comparisonvs. Health

 MEDRXCategory
Performance 5-yr return+15.09%+22.12%
Expense ratio2.09%1.47%
Risk 5 year sharpe ratio0.961.38
Net assets$25.9M$2.7B
Average market cap$31.7B$28.6B
Average P/E24.725.7
Portfolio turnover12%12%

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Fund Management and Purchase Info

Fund familyKinetics
Fund manager & tenureBruce Abel / 12 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock63.81%
International stock32.09%
Cash4.03%
Fixed income0.06%
Other0.00%
Top 5 Sectors
Portfolio weighting
Healthcare 94.65%
Industrial materials 4.23%
Business service 1.12%
Telecommunication 0.01%
Consumer goods 0.00%
Top 10 Holdings
Portfolio weighting
BIIB Biogen Idec Inc8.60%
BMY Bristol-Myers Squibb Company6.85%
CBST Cubist Pharmaceuticals Inc6.81%
NVS Novartis AG ADR5.93%
PFE Pfizer Inc5.73%
JNJ Johnson & Johnson5.33%
SNY Sanofi ADR5.27%
LLY Eli Lilly and Co5.25%
GSK GlaxoSmithKline PLC ADR4.70%
ALKS Alkermes PLC4.27%

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