Kinetics Paradigm Fund No Load Class (WWNPX)

Overview

The fund detailed is designed as a non-diversified investment vehicle, channeling all its investable assets into the Paradigm Portfolio, part of Kinetics Portfolios Trust. It targets the acquisition of equity securities, including common stocks, ETFs, convertible securities, warrants, and other similar types of equities, of both U.S. and foreign entities that are perceived to be undervalued by the Investment Adviser. This approach reflects a strategy focused on identifying potential for growth and value that may not be recognized by the broader market.

Products and Services

• Common Stocks

  Equity investments in publicly traded companies, representing ownership shares in these entities. This forms a fundamental part of the fund's investment strategy, aiming at companies believed to be undervalued.

• Exchange-Traded Funds (ETFs)

  The fund invests in ETFs, which are marketable securities tracking an index, a commodity, bonds, or a basket of assets. ETFs trade on stock exchanges, similar to a company's stock, offering diversification to the fund's portfolio within its non-diversified framework.

• Convertible Securities

  These are bonds or preferred stock that can be converted into a predetermined amount of the company's equity, typically at the choice of the holder. Investing in convertible securities allows the fund to participate in the equity upside of a company while also providing fixed-income like protection.

• Warrants and Other Equity Securities

  Warrants give the holder the right to purchase a company’s stock at a specified price until the expiration date. Other equity securities the fund targets include those that resemble common stocks, such as American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs), and International Depositary Receipts (IDRs), extending the fund's reach to U.S. and foreign companies.