Key stats
About Scharf ETF
Home page
Inception date
Aug 25, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Scharf Investments LLC
Distributor
Quasar Distributors LLC
Identifiers
3
ISIN US00770X2201
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. 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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Technology Services
Health Technology
Stocks92.18%
Finance28.20%
Technology Services12.02%
Health Technology11.01%
Consumer Services6.07%
Electronic Technology5.54%
Distribution Services5.48%
Transportation4.71%
Non-Energy Minerals4.63%
Health Services4.55%
Energy Minerals3.95%
Industrial Services3.86%
Consumer Non-Durables2.16%
Bonds, Cash & Other7.82%
Mutual fund4.77%
ETF3.02%
Cash0.03%
Stock breakdown by region
North America87.31%
Europe9.27%
Asia3.42%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
KAT invests in stocks. The fund's major sectors are Finance, with 28.20% stocks, and Technology Services, with 12.02% of the basket. The assets are mostly located in the North America region.
KAT top holdings are McKesson Corporation and Microsoft Corporation, occupying 5.48% and 5.09% of the portfolio correspondingly.
KAT assets under management is 726.15 M USD. It's fallen 0.04% over the last month.
KAT fund flows account for 293.62 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, KAT pays dividends to its holders with the dividend yield of 0.04%. The last dividend (Dec 31, 2025) amounted to 0.02 USD. The dividends are paid quarterly.
KAT shares are issued by Scharf Investments LLC under the brand Scharf. The ETF was launched on Aug 25, 2025, and its management style is Active.
KAT expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
KAT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
KAT invests in stocks.
KAT price has risen by 0.81% over the last month, and its yearly performance shows a 1.57% increase. See more dynamics on KAT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.78% over the last month, showed a 2.43% increase in three-month performance and has increased by 0.88% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.78% over the last month, showed a 2.43% increase in three-month performance and has increased by 0.88% in a year.
KAT trades at a premium (0.35%) meaning the ETF is trading at a higher price than the calculated NAV.