|
* Annualized
**
Non-Annualized
^ The Global Growth Fund inception date is 12/31/99. 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.
¹ One year, 3 year, 5 year, since inception, and historical total returns (where applicable) are without dividends reinvested.
The Fund's Total Expense Ratio is
1.46%.
Due to market volatility, current
performance may be more or less than those shown for standard
quarter-end periods.
Because the Fund invests in a single
industry, its shares do not represent a complete investment program.
Internet stocks are subject to a rate of change in technology,
obsolescence and competition which is generally higher than that of
other industries, and have experienced extreme price and volume
fluctuations. Because smaller companies often have narrower markets
and limited financial resources, they present more risk than larger
more well established companies. As a non-diversified and single
industry fund, the value of its shares may fluctuate more than
shares invested in a broader range of industries and
companies.
Kinetics Mutual Funds, unlike other
investment companies that directly acquire and manage their own
portfolios of securities, pursue their investment objectives by
investing all of their investable assets in a corresponding
portfolio of Kinetics Portfolios Trust.
The NASDAQ Composite (NASDAQ) and the
Standard & Poor's 500 Index (S&P 500) each represent an
unmanaged, broad-based basket of stocks. They are typically used as
a proxy for overall market
performance. | 
