Kinetics Global Fund Advisor Class C (KGLCX)

Overview

The fund focuses on diversification across a broad spectrum of global assets, channeling all investable resources into the Global Portfolio, which operates under the Kinetics Portfolios Trust. The Global Portfolio prioritizes investments in a mix of equity vehicles, including common stocks, exchange-traded funds (ETFs), convertible securities, and warrants among others, from both foreign and U.S. markets listed on public exchanges. By committing at least 65% of its net assets, alongside any borrowing for investment purposes, it aims to leverage the varying growth potentials across different sectors and regions.

Products and Services

• Common Stocks

Equity investments in publicly traded companies across the U.S. and foreign markets, allowing shareholders to potentially benefit from capital gains, dividends, and voting rights associated with stock ownership.

• Exchange-Traded Funds (ETFs)

A diverse collection of ETFs that track indexes, commodities, bonds, or a basket of assets like an index fund but trade like a single stock on an exchange, offering instant diversification and flexibility.

• Convertible Securities

Investments in bonds or preferred shares that can be converted into a predetermined number of common stocks or equity shares, combining the fixed-income characteristic of bonds with the growth potential of stocks.

• Warrants

Derivatives that provide the right, but not the obligation, to buy or sell a security—most commonly an equity—at a certain price before expiration, offering a leveraged opportunity to speculate on equity prices.

• Other Equity Securities

Investments in various other forms of equity instruments that exhibit the characteristics of common stocks, aiming to provide diversified exposure to the equity markets.