KSCOX – Kinetics Small Cap Opportunities No Load Investment Strategy | Morningstar

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Strategy

The investment seeks long-term growth of capital. The fund is a non-diversified fund that invests all of its investable assets in the Small Cap Portfolio, a series of Kinetics Portfolios Trust. The Small Cap 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 (such as American Depositary Receipts, Global Depositary Receipts and International Depositary Receipts) of U.S. and foreign small capitalization companies that provide attractive valuation opportunities. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
KSCOX	Kinetics Small Capital Opportunities Fund No Load Class	No Load	Open			Mar 20, 2000	$309.34M	1.640%	High	$2,500	−$52.68M
KSCYX	Kinetics Small Capital Opportunities Fund Class Institutional	Institutional	Open			Aug 12, 2005	$110.69M	1.440%	High	$1M	−$10.68M
KSOAX	Kinetics Small Capital Opportunities Advisor Fund Class A	Front Load	Open			Dec 31, 2001	$21.75M	1.890%	High	$2,500	−$3.07M
KSOCX	Kinetics Small Capital Opportunities Fund Advisor Class C	Level Load	Open			Feb 16, 2007	$10.12M	2.390%	High	$2,500	−$878,148.86

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