MEDRX Performance — Kinetics Medical Fund, No Load Class
Data updated: 2023-03-16
MEDRX returned +4.22% over one year to Dec 2022. The annualised 3-year return is +7.92%. The fund beat its Global Growth category average: $100 invested three years ago grew to $126, against $112 for the category, and to $104 over one year, against $79. Volatility over the past three years was 17.78% a year. In the 12 months to Dec 2022 the fund took in a net $7.2M, and assets reached $19.32M.
MEDRX Growth of $100
What $100 invested in Kinetics Medical Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Growth category average over the same months.
| Period | MEDRX | Category average |
|---|---|---|
| 1 year (Jan 2022 – Dec 2022) | $104 | $79 |
| 3 years (Jan 2020 – Dec 2022) | $126 | $112 |
| Since data start (Jul 2019 – Dec 2022) | $140 | $122 |
MEDRX Trailing Returns
Total returns to Dec 2022, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +4.22% |
| 3 years (annualised) | +7.92% |
MEDRX Annual Returns
Calendar-year total returns of Kinetics Medical Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2022 | +4.22% |
| 2021 | +10.59% |
| 2020 | +9.05% |
| 2019 (Jul–Dec) | +11.20% |
MEDRX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | −4.2% | −0.5% | +4.3% | −3.1% | +3.0% | −0.3% | −0.2% | −5.9% | −0.3% | +8.9% | +6.4% | −3.0% |
| 2021 | +3.5% | −5.5% | +2.9% | +0.3% | +1.6% | +12.9% | −2.2% | +4.3% | −9.2% | +0.6% | −5.0% | +7.9% |
| 2020 | −3.1% | −5.2% | −2.1% | +8.6% | +2.4% | −0.3% | +0.1% | +2.3% | −2.8% | −6.1% | +9.6% | +6.7% |
| 2019 | — | — | — | — | — | — | −2.0% | −0.2% | +0.8% | +5.5% | +3.3% | +3.5% |
MEDRX Risk
Risk measures from monthly returns over Jan 2020 – Dec 2022.
- 3-year volatility (annualised): 17.78%
- 3-year Sharpe ratio: 0.19 (vs 4.5% risk-free rate)
- Best month: +12.86% (Jun 2021)
- Worst month: −9.15% (Sep 2021)
MEDRX Fund Flows
Monthly money in and out of Kinetics Medical Fund, from SEC Form N-PORT.
- 12-month net flow: $7.2M
- 12-month gross sales (incl. reinvestments): $3.8M
- Sales ÷ redemptions: -1.15×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2022 | $1.1M | −$388K | $1.5M |
| Nov 2022 | $2.2M | −$2.2M | $4.4M |
| Oct 2022 | $4K | −$124K | $127K |
| Sep 2022 | $4K | −$33K | $37K |
| Aug 2022 | $44K | −$95K | $139K |
| Jul 2022 | $144K | −$58K | $202K |
| Jun 2022 | $96K | −$69K | $165K |
| May 2022 | $15K | −$61K | $77K |
| Apr 2022 | $47K | −$58K | $105K |
| Mar 2022 | $26K | −$144K | $171K |
| Feb 2022 | $12K | −$50K | $62K |
| Jan 2022 | $117K | −$70K | $188K |
MEDRX Assets Under Management
Net assets of Kinetics Medical Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2022-12-31 | $19.32M |
| 2022-09-30 | $16.93M |
| 2022-06-30 | $18.08M |
| 2022-03-31 | $18.19M |
| 2021-12-31 | $18.41M |
| 2021-09-30 | $18.23M |
| 2021-06-30 | $19.78M |
| 2021-03-31 | $17.60M |
| 2020-12-31 | $17.62M |
| 2020-09-30 | $16.68M |
| 2020-06-30 | $19.24M |
| 2020-03-31 | $14.59M |
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.