Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
1.39% 57.07M 1.19% 34.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
8.157M -3.64% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund seeks long-term growth of capital by investing primarily in common stocks, convertible securities, warrants and other equity securities having the characteristics of common stocks in small and medium capitalizations domestic and foreign emerging companies engaged in the Internet and Internet-related activities.
General
Security Type Mutual Fund
Broad Asset Class International Equity
Broad Category Equity
Global Peer Group Equity Global Sm&Mid Cap
Peer Group Global Small-/Mid-Cap Funds
Global Macro Equity Global
US Macro Developed Global Markets Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Global Small-Cap Funds
Fund Owner Firm Name Kinetics Mutual Funds
Broad Asset Class Benchmark Index
^MSACXUSNTR 100.0%

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Net Fund Flows Versus Peer Group

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: 67
-51.48M Peer Group Low
15.06M Peer Group High
1 Year
% Rank: 10
8.157M
-1.075B Peer Group Low
661.22M Peer Group High
3 Months
% Rank: 65
-193.07M Peer Group Low
28.53M Peer Group High
3 Years
% Rank: 8
-2.578B Peer Group Low
661.22M Peer Group High
6 Months
% Rank: 65
-324.94M Peer Group Low
190.89M Peer Group High
5 Years
% Rank: 39
-15.19B Peer Group Low
12.26B Peer Group High
YTD
% Rank: 12
-1.107B Peer Group Low
661.22M Peer Group High
10 Years
% Rank: 35
-12.87B Peer Group Low
16.43B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2018
2019
2020
2021
2022
2023
2024
YTD
-23.58%
21.61%
25.00%
16.32%
-6.46%
11.89%
72.16%
4.37%
-14.20%
21.51%
10.65%
7.82%
-16.00%
15.62%
5.53%
29.89%
0.29%
27.06%
2.30%
50.33%
31.96%
-14.69%
68.52%
-4.83%
-8.11%
31.74%
5.46%
43.12%
39.82%
-19.43%
82.86%
-14.32%
-2.07%
22.27%
17.78%
30.30%
-20.42%
13.31%
12.65%
7.66%
-19.05%
20.69%
-0.11%
36.99%
-10.18%
11.28%
11.82%
14.36%
As of December 05, 2025.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-3-25) 0.94%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 75

Fund Details

Key Dates
Inception Date 12/31/1999
Last Annual Report Date 12/31/2024
Last Prospectus Date 4/30/2025
Share Classes
KGLAX A
KGLCX C
Attributes
Index Fund --
Inverse Fund No
Leveraged Fund --
Fund of Funds No
Currency Hedged Fund --
Synthetic Replication Fund No

Asset Allocation

As of June 30, 2025.
Type % Net
Cash 23.98%
Stock 51.98%
Bond 0.00%
Convertible 0.00%
Preferred 0.02%
Other 24.02%
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Top 10 Holdings

Name % Weight Price % Change
Grayscale Bitcoin Trust ETF 19.27% 69.86 -3.48%
US Bank NA Time/Term Deposit
16.02% -- --
Texas Pacific Land Corp. 12.43% 925.06 0.58%
Kinetics Global Fund
5.79% -- --
Hawaiian Electric Industries, Inc. 4.42% 11.24 -0.31%
Fairfax India Holdings Corp. 4.18% 16.40 -0.61%
White Mountains Insurance Group Ltd. 3.76% 2036.34 -0.07%
Hellenic Exchanges-Athens Stock Exchange SA 3.73% 7.395 0.00%
Wheaton Precious Metals Corp. 3.45% 108.09 -0.65%
Investor AB 3.24% 34.75 1.49%

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee 0.60%
Administration Fee 23.55K%
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee 2.00%
General Availability
Available for Insurance Product No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 2500.00 None
Minimum Subsequent Investment 0.00 None

Basic Info

Investment Strategy
The Fund seeks long-term growth of capital by investing primarily in common stocks, convertible securities, warrants and other equity securities having the characteristics of common stocks in small and medium capitalizations domestic and foreign emerging companies engaged in the Internet and Internet-related activities.
General
Security Type Mutual Fund
Broad Asset Class International Equity
Broad Category Equity
Global Peer Group Equity Global Sm&Mid Cap
Peer Group Global Small-/Mid-Cap Funds
Global Macro Equity Global
US Macro Developed Global Markets Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Global Small-Cap Funds
Fund Owner Firm Name Kinetics Mutual Funds
Broad Asset Class Benchmark Index
^MSACXUSNTR 100.0%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-3-25) 0.94%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 75

Fund Details

Key Dates
Inception Date 12/31/1999
Last Annual Report Date 12/31/2024
Last Prospectus Date 4/30/2025
Share Classes
KGLAX A
KGLCX C
Attributes
Index Fund --
Inverse Fund No
Leveraged Fund --
Fund of Funds No
Currency Hedged Fund --
Synthetic Replication Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
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Excel Add-In Codes

Name: =YCI("M:WWWEX", "name")
Broad Asset Class: =YCI("M:WWWEX", "broad_asset_class")
Broad Category: =YCI("M:WWWEX", "broad_category_group")
Prospectus Objective: =YCI("M:WWWEX", "prospectus_objective")
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference.
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