- First American Treasury Obligs Z (FUZXX): 6.33%
- McKesson Corp (MCK): 6.13%
- Occidental Petroleum Corp (OXY): 5.70%
- Union Pacific Corp (UNP): 5.09%
- Franco-Nevada Corp (FNV.TO): 4.77%
- Microsoft Corp (MSFT): 4.52%
- Otis Worldwide Corp Ordinary Shares (OTIS): 3.98%
- Zoetis Inc Class A (ZTS): 3.91%
- Brookfield Corp Registered Shs -A- Limited Vtg (BN.TO): 3.86%
- Markel Group Inc (MKL): 3.73%
Scharf ETF (KAT) ETF Analysis
KAT primarily holds 25 to 35 mid- and large-cap stocks globally with strong long-term appreciation potential and limited downside risk. 0.75% de taxa de despesas, $759M AUM, 38 posições, inception 2016.
Scharf ETF (KAT) ETF — Price, Holdings & Analysis
KAT primarily holds 25 to 35 mid- and large-cap stocks globally with strong long-term appreciation potential and limited downside risk. 0.75% de taxa de despesas, $759M AUM, 38 posições, inception 2016.
Visão Geral do ETF
The strategy seeks securities with low valuations combined with growing earnings, cash flow, and/or book value by utilizing five key principles. These include low valuation, discount to fair value, investment flexibility, focus, and a long-term outlook. The fund may allocate as much as 50% of its assets to foreign markets, with up to 25% to emerging markets. Investments include common and preferred stocks, rights, warrants, special situations, ADRs, EDRs, and GDRs. Up to 30% of assets may be invested in fixed-income securities and ETFs. It may also fully shift into cash or short-term instruments for liquidity or defensive purposes. Securities are sold when they no longer offer attractive upside or fail to meet valuation and growth criteria. On Aug. 25, 2025, KAT converted from a mutual fund into an ETF structure, starting with $406.69 million in assets.
KAT primarily holds 25 to 35 mid- and large-cap stocks globally with strong long-term appreciation potential and limited downside risk. The strategy seeks securities with low valuations combined with growing earnings, cash flow, and/or book value by utilizing five key principles. These include low valuation, discount to fair value, investment flexibility, focus, and a long-term outlook. Scharf ETF provides exposure to the equity market. The portfolio is moderately concentrated with 38 posições. Sector allocation is spread across 10 sectors, with Financial Services as the largest at 27.5%.
Métricas de Risco
A beta of 0.69 indicates lower volatility relative to the broader market. The 0.75% de taxa de despesas is above average and will reduce net returns over time.
Taxa de Despesa
0.75%
Principais Posições
Como o fundo está alocado?
- Serviços financeiros: 27.5%
- Saúde: 22.4%
- Industriais: 14.4%
- Tecnologia: 12.9%
- Energia: 6.2%
- Serviços de comunicação: 5.5%
- Materiais básicos: 5.2%
- Consumo cíclico: 3.3%
- Consumo defensivo: 2.7%
- Caixa e outros: 0.0%
- Outros: 0.2%
- Estados Unidos: 99.8%
Dividend Yield
0.00%
- State Street Technology Select Sector SPDR ETF (XLK) — 0.08% de taxa de despesas
- State Street Financial Select Sector SPDR ETF (XLF) — 0.08% de taxa de despesas
- State Street Energy Select Sector SPDR ETF (XLE) — 0.08% de taxa de despesas
- iShares Russell 2000 ETF (IWM) — 0.19% de taxa de despesas
- iShares MSCI EAFE ETF (EFA) — 0.32% de taxa de despesas
- iShares MSCI Emerging Markets ETF (EEM) — 0.72% de taxa de despesas
- Invesco QQQ Trust, Series 1 (QQQ) — 0.18% de taxa de despesas
- State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% de taxa de despesas
Métricas de Risco
- Beta: 0.69
Perguntas e Respostas
What is Scharf ETF (KAT)?
KAT primarily holds 25 to 35 mid- and large-cap stocks globally with strong long-term appreciation potential and limited downside risk. The strategy seeks securities with low valuations combined with growing earnings, cash flow, and/or book value by It holds 38 securities. With $759M in assets under management, it is a funds in its category.
What is the expense ratio for KAT?
Scharf ETF has an expense ratio of 0.75%, which is considered higher than average for equity ETFs. This means for every $10,000 invested, annual fees would be approximately $75. Lower expense ratios generally lead to better long-term returns, all else being equal.
What are the top holdings in KAT?
The three largest positions in Scharf ETF are First American Treasury Obligs Z (FUZXX, 6.3%), McKesson Corp (MCK, 6.1%), Occidental Petroleum Corp (OXY, 5.7%). Together these top three holdings represent 18.2% of the fund, out of 38 total positions. The fund is relatively diversified across its holdings.
What sectors does KAT invest in?
Scharf ETF allocates across 10 sectors. The largest sector exposures are Financial Services (27.5%), Healthcare (22.4%), Industrials (14.4%). The sector allocation provides broad market exposure across multiple industries.
How long has KAT been around?
Scharf ETF was launched in 2016, making it 10 years old. With over a decade of history, it has navigated various market conditions. It is managed by Scharf.