Kinetics Medical Fund No Load Class (MEDRX)

24.09
Net Asset Value
-0.17%
1 Day
-4.90%
Year-to-Date
Overall Morningstar Rating
Health
Style or Category
No Load
Sales Expenses
2.08%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. The fund is a non-diversified fund that invests all of its investable assets in the Medical Portfolio- a series of Kinetics Portfolios Trust. The Portfolio 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- with an emphasis toward companies engaged in cancer research and drug development. It is non-diversified.

Performance

1 month-1.83% 3 years-2.69%
3 months-9.93% 5 years+7.46%
1 year+1.83% Since inception+8.94%
Data through --

Peer Comparisonvs. Health

 MEDRXCategory
Performance 5-yr return+7.46%+14.29%
Expense ratio2.08%1.30%
Risk 5 year sharpe ratio0.670.92
Net assets$18.4M$3.0B
Average market cap$68.0B$10.0B
Average P/E24.022.2
Portfolio turnover0%0%

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Fund Management and Purchase Info

Fund familyKinetics
Fund manager & tenureBruce Abel / 18 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock69.73%
International stock27.02%
Cash3.20%
Fixed income0.05%
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
LLY Eli Lilly and Co8.19%
PFE Pfizer7.95%
BMY Bristol-Myers Squibb7.51%
JNJ Johnson & Johnson6.42%
ABBV AbbVie6.42%
ALKS Alkermes Plc6.15%
BIIB Biogen6.10%
NVS Novartis6.00%
SNY Sanofi5.49%
AZN AstraZeneca4.96%