KGIRX Performance — Kopernik International Fund, Investor Class
Data updated: 2026-09-28
KGIRX returned +0.61% year to date and +25.03% over one year to Jul 2026. Annualised returns are +18.25% over 3 years and +9.49% over 5 years. Against its Alternative category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $165, against $168 for the category, and to $125 over one year, against $108. Volatility over the past three years was 13.28% a year. In the 12 months to Jul 2026 the fund took in a net $302.4M, and assets reached $967.36M. Returns are those of sibling share class KGIIX; this class's own returns are not reported in filings.
KGIRX Growth of $100
What $100 invested in Kopernik International Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | KGIRX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $125 | $108 |
| 3 years (Aug 2023 – Jul 2026) | $165 | $168 |
| 5 years (Aug 2021 – Jul 2026) | $157 | $159 |
| Since data start (Aug 2019 – Jul 2026) | $221 | $190 |
KGIRX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.61% |
| 1 year | +25.03% |
| 3 years (annualised) | +18.25% |
| 5 years (annualised) | +9.49% |
KGIRX Annual Returns
Calendar-year total returns of Kopernik International Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +0.61% |
| 2025 | +50.36% |
| 2024 | +10.61% |
| 2023 | +12.77% |
| 2022 | −19.32% |
| 2021 | +26.70% |
| 2020 | +12.57% |
| 2019 (Aug–Dec) | +1.64% |
KGIRX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.0% | +2.4% | −5.7% | +5.7% | +3.9% | −7.9% | −0.9% | — | — | — | — | — |
| 2025 | −3.0% | +2.6% | +7.7% | +1.3% | −0.9% | +6.7% | +5.4% | −1.0% | +6.6% | +4.5% | +8.4% | +3.9% |
| 2024 | +2.8% | +1.6% | +3.2% | −0.8% | +3.7% | −1.2% | +0.8% | −0.6% | +3.7% | −1.4% | +4.2% | −5.4% |
| 2023 | +12.9% | +1.9% | +4.8% | −5.0% | +2.5% | +0.4% | −3.1% | +0.8% | +1.9% | −1.9% | −3.9% | +2.1% |
| 2022 | −2.4% | −2.0% | +0.3% | −6.7% | +1.2% | −6.0% | −2.5% | +1.4% | −7.2% | −1.6% | +6.6% | −1.5% |
| 2021 | +6.1% | +3.6% | +2.0% | +6.6% | −1.4% | −1.7% | +6.0% | +4.4% | +0.4% | −0.3% | −1.9% | +0.8% |
| 2020 | −0.5% | +19.3% | −12.8% | −6.5% | +5.7% | +1.9% | +6.2% | −3.1% | −5.1% | +4.4% | −1.8% | +7.9% |
| 2019 | — | — | — | — | — | — | — | −0.2% | −1.0% | −0.1% | −2.7% | +5.8% |
KGIRX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 13.28%
- 3-year Sharpe ratio: 1.04 (vs 4.5% risk-free rate)
- Best month: +8.37% (Nov 2025)
- Worst month: −7.90% (Jun 2026)
KGIRX Fund Flows
Monthly money in and out of Kopernik International Fund, from SEC Form N-PORT.
- 12-month net flow: $302.4M
- 12-month gross sales (incl. reinvestments): $442.3M
- Sales ÷ redemptions: 3.16×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $63.3M | $11.6M | $51.7M |
| Jun 2026 | $22.8M | $9.6M | $13.2M |
| May 2026 | $21.3M | $11.5M | $9.8M |
| Apr 2026 | $38.8M | $15.2M | $23.6M |
| Mar 2026 | $23.2M | $10.9M | $12.3M |
| Feb 2026 | $61.9M | $8.7M | $53.1M |
| Jan 2026 | $7.2M | $8.0M | −$827K |
| Dec 2025 | $87.1M | $19.9M | $67.3M |
| Nov 2025 | $79.9M | $13.6M | $66.3M |
| Oct 2025 | $7.9M | $5.5M | $2.5M |
| Sep 2025 | $12.9M | $8.2M | $4.7M |
| Aug 2025 | $16.0M | $17.1M | −$1.1M |
KGIRX Assets Under Management
Net assets of Kopernik International Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $967.36M |
| 2026-04-30 | $944.79M |
| 2026-01-31 | $838.27M |
| 2025-10-31 | $684.86M |
| 2025-07-31 | $614.92M |
| 2025-04-30 | $549.85M |
| 2025-01-31 | $515.10M |
| 2024-10-31 | $578.10M |
| 2024-07-31 | $578.66M |
| 2024-04-30 | $538.21M |
| 2024-01-31 | $534.25M |
| 2023-10-31 | $552.41M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.