Kinetics Funds, The Internet Fund (WWWFX)
Kinetics Funds, The Internet Fund operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $80.52, down 1.71% on the session, giving a market capitalisation of $237.6M. Its beta of 0.70 implies it has historically moved less than the broad market.
This non-diversified fund commits all of its available capital exclusively to the Internet Portfolio. That portfolio, in turn, allocates a minimum of 80% of its net assets—augmented by any borrowed funds for investment—to various equity instruments. These investments encompass common shares, convertible securities, warrants, and other holdings with characteristics similar to common stocks. The companies targeted are both domestic and international enterprises operating within the internet and internet-related industries, particularly those whose business models are profoundly improved through the internet's ability to facilitate content delivery and achieve cost efficiencies.
Kinetics Funds, The Internet Fund is most often compared with the following Financial Services names: