- What does GACIX invest in?
- This fund commits at least 80% of its net assets to the stock of companies identified as small-capitalization at the time of purchase. Its principal strategy is to invest in common shares of businesses that the Advisor expects to demonstrate accelerated revenue growth and earn profits at a rate exceeding the average. Currently, the Advisor classifies small-cap companies for this fund as those with a total market valuation of $3 billion or less for their common stock when the investment occurs.
- What is the expense ratio of GACIX?
- The Gabelli Small Cap Growth Fund Class I (GACIX) charges an expense ratio of 1.13%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is GACIX?
- The Gabelli Small Cap Growth Fund Class I (GACIX) manages $1.87B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is GACIX actively managed or an index fund?
- GACIX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (GACIX's is 1.13%) because there's no security selection cost.
- When was GACIX launched?
- The Gabelli Small Cap Growth Fund Class I (GACIX) launched in January 2008 and is managed by the fund issuer.
- How has GACIX performed?
- GACIX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
