Kopernik International Fund Investor Class (KGIRX)

Overview

The fund operates in the global financial market, focusing on investing primarily in equity securities of companies located around the world. With a strategic emphasis on mid- to large-capitalization companies, the fund maintains a versatile investment portfolio that includes a mix of common and preferred stocks, convertible securities, depositary receipts, and private placements. This broad scope of investments, combined with a multi-capitalization approach, enables the fund to capture growth across different sectors and geographical regions. While it predominantly targets mid- to large-sized companies, the fund also explores opportunities within small capitalization companies, ensuring a diversified and comprehensive investment strategy.

Products and Services

• Common and Preferred Stock:

  The backbone of the fund's investment portfolio, common and preferred stock investments offer shareholders equity ownership in companies. Common stocks provide voting rights and potentially higher returns through capital appreciation and dividends, while preferred stocks offer fixed dividends and priority over common stock in asset liquidation.

• Convertible Securities:

  These are bonds or preferred shares that can be converted into a predetermined number of the company’s common stock, usually at the discretion of the holder. This flexibility allows investors to benefit from the fixed-income characteristics of bonds and the growth potential of stocks.

• Depositary Receipts:

  A type of financial security that represents a company's foreign shares, allowing them to be traded on a local stock exchange. American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) enable investors to hold shares in overseas companies, offering a way to diversify portfolios internationally.

• Private Placements:

  Investments in companies through securities that are not publicly traded on a stock exchange. This allows the fund to participate in early-stage financing rounds or invest in companies that prefer to stay private, offering the potential for significant returns.