The Gabelli Small Cap Growth Fund Class I

Frequently Asked Questions About GACIX

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) is one share class of a fund that manages $1.69B across all of its share classes (GABSX reports the same total). Our data does not carry the assets of this share class alone. 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 actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (GACIX's is 1.13%) in exchange for the discretion to over- or under-weight positions.

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.