KGGAX: Kopernik Global All-Cap A

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KGGAX Kopernik Global All-Cap A


Profile

KGGAX - Profile

Vitals

  • YTD Return -4.0%
  • 3 Yr Annualized Return -4.2%
  • 5 Yr Annualized Return 2.7%
  • Net Assets $943 M
  • Holdings in Top 10 30.0%

52 WEEK LOW AND HIGH

$9.62
$9.48
$10.35

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.30%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 31.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $3,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -4.0%
  • 3 Yr Annualized Total Return -2.9%
  • 5 Yr Annualized Total Return 4.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.93%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Kopernik Global All-Cap Fund
  • Fund Family Name
    Kopernik
  • Inception Date
    Nov 01, 2013
  • Shares Outstanding
    5429136
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Iben

Fund Description

The fund plans to invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of U.S. and non-U.S. companies of any size. It will invest at least 40% of its net assets in securities of issuers located outside the U.S. and may invest significantly in securities of issuers located in emerging or frontier markets. No more than 35% of the fund's net assets may be invested in securities of companies located in a single country.


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Categories

Performance

KGGAX - Performance

Return Ranking - Trailing

Period KGGAX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.0% -6.3% 5.4% 79.55%
1 Yr -4.0% -5.1% 21.5% 95.00%
3 Yr -4.2%* -8.9% 8.9% 70.27%
5 Yr 2.7%* -4.1% 3.1% 11.11%
10 Yr -4.4%* -5.1% 5.9% 83.33%

* Annualized

Return Ranking - Calendar

Period KGGAX Return Category Return Low Category Return High Rank in Category (%)
2019 6.8% 5.8% 30.2% 87.50%
2018 -11.3% -38.7% -11.3% 5.41%
2017 4.4% 2.6% 33.4% 86.11%
2016 47.0% -17.2% 47.1% 6.67%
2015 -12.7% -13.0% 4.7% 92.59%

Total Return Ranking - Trailing

Period KGGAX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.0% -6.3% 5.4% 79.55%
1 Yr -4.0% -5.1% 21.5% 95.00%
3 Yr -2.9%* -5.4% 9.0% 83.78%
5 Yr 4.3%* -2.2% 5.1% 14.81%
10 Yr -3.6%* -4.9% 7.2% 83.33%

* Annualized

Total Return Ranking - Calendar

Period KGGAX Return Category Return Low Category Return High Rank in Category (%)
2019 6.8% 5.8% 30.2% 87.50%
2018 -11.3% -31.4% -11.1% 5.41%
2017 8.8% 8.8% 35.0% 100.00%
2016 51.6% -17.2% 52.1% 6.67%
2015 -12.3% -12.3% 8.1% 100.00%

NAV & Total Return History


Holdings

KGGAX - Holdings

Concentration Analysis

KGGAX Category Low Category High KGGAX % Rank
Net Assets 943 M 996 K 13.1 B 22.73%
Number of Holdings 98 9 4679 51.16%
Net Assets in Top 10 296 M 292 K 2.2 B 6.98%
Weighting of Top 10 30.01% 3.7% 98.9% 16.28%

Top 10 Holdings

  1. Cameco Corp 3.89%
  2. Newcrest Mining Ltd 3.58%
  3. Electricite de France SA 3.30%
  4. Centerra Gold Inc 3.21%
  5. KT Corp ADR 3.12%
  6. Golden Agri-Resources Ltd 2.74%
  7. MEG Energy Corp 2.61%
  8. Federal Grid Co of Unified Energy System PJSC 2.61%
  9. RusHydro PJSC 2.55%
  10. Range Resources Corp 2.41%

Asset Allocation

Weighting Return Low Return High KGGAX % Rank
Stocks
95.56% 17.54% 100.00% 74.42%
Cash
2.65% 0.00% 82.46% 39.53%
Bonds
1.80% 0.00% 3.03% 4.65%
Preferred Stocks
0.00% 0.00% 0.06% 9.30%
Other
0.00% -0.01% 15.24% 41.86%
Convertible Bonds
0.00% 0.00% 0.00% 2.33%

Stock Sector Breakdown

Weighting Return Low Return High KGGAX % Rank
Energy
25.10% 0.00% 25.10% 2.33%
Basic Materials
24.59% 0.00% 24.59% 2.33%
Utilities
13.37% 0.00% 26.49% 4.65%
Industrials
9.34% 7.22% 35.96% 93.02%
Consumer Defense
6.98% 0.00% 24.62% 34.88%
Communication Services
6.74% 0.00% 8.93% 16.28%
Financial Services
4.71% 0.00% 24.33% 86.05%
Consumer Cyclical
3.87% 1.37% 26.34% 95.35%
Real Estate
2.55% 0.00% 14.06% 79.07%
Technology
1.94% 1.08% 37.29% 95.35%
Healthcare
0.81% 0.00% 9.56% 90.70%

Stock Geographic Breakdown

Weighting Return Low Return High KGGAX % Rank
Non US
90.25% 16.03% 100.00% 88.37%
US
5.31% 0.00% 31.46% 6.98%

Expenses

KGGAX - Expenses

Operational Fees

KGGAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.30% 0.50% 3.60% 46.15%
Management Fee 0.90% 0.36% 1.50% 40.91%
12b-1 Fee 0.25% 0.00% 1.00% 35.29%
Administrative Fee N/A 0.03% 0.25% 72.00%

Sales Fees

KGGAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 5.75% 5.75% 20.00%
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

KGGAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

KGGAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 31.00% 4.00% 111.00% 32.56%

Distributions

KGGAX - Distributions

Dividend Yield Analysis

KGGAX Category Low Category High KGGAX % Rank
Dividend Yield 0.00% 0.00% 1.84% 20.45%

Dividend Distribution Analysis

KGGAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

KGGAX Category Low Category High KGGAX % Rank
Net Income Ratio 0.93% -0.23% 3.63% 83.33%

Capital Gain Distribution Analysis

KGGAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

KGGAX - Fund Manager Analysis

Managers

David Iben


Start Date

Tenure

Tenure Rank

Nov 01, 2013

6.25

6.3%

David Iben is Founder, Managing Member, CIO and Lead Portfolio Manager of Kopernik Global Investors, LLC. Prior to, he was a director and head of the Global Value team at Vinik Asset Management. Before Vinik, he was Co-Founder, CIO, Co-President and Lead Portfolio Manager of Tradewinds Global Investors where he was recognized by nationally known publications from Bloomberg and won several awards by nationally known rating agencies such as Lipper. In addition, over his 32 year career he oversaw portfolio/research functions at Nuveen NWQ, Palladian Capital, Cramblit & Carney, and Farmers Group.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.16 12.93 5.44 9.34