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* Annualized
**
Non-Annualized
^ The Market Opportunities Fund - Advisor Class
C inception date is 2/16/07. Performance data quoted represents past performance and does not guarantee future results. Figures include changes in principal value, reinvested dividends and capital gains distributions. Investment return and principal value will vary, and shares may be worth more or less at redemption than original purchase.
The Fund's Total Expense Ratio is
2.42%.
Due to market volatility, current performance may be more or less than those shown for standard quarter-end periods.
¹ One year, 3 year, 5 year, since inception, and historical total returns (where applicable) are without dividends reinvested.
Because the Fund invests in a single industry, their shares do not represent a complete investment program. International investing presents special risks including currency exchange fluctuation, government regulations, and the potential for political and economic instability. The Fund’s share price is expected to be more volatile than that of a U.S.-only fund. Because smaller companies often have narrower markets and limited financial resources, they present more risk than larger more well established companies.
Unlike other investment companies that directly acquire and manage their own portfolios of securities, the Fund pursues its investment objectives by investing all of its investable assets in a corresponding portfolio series of Kinetics Portfolios Trust.
For more information, including a complete explanation of the specific risks associated with the Funds and all fees and expenses that apply to a continued investment, call 1-800-930-3828 for a prospectus or log on to www.kineticsfunds.com. Read it carefully before investing.
Distributor: Kinetics Funds Distributor, Inc. is an affiliate of Kinetics Asset Management, Inc., and is not an affiliate of Kinetics Mutual Funds, Inc. | 
