WWWEX Fees and Costs — Kinetics Global Fund, No Load Class
Data updated: 2026-08-19
The net expense ratio is 1.39%: a 1.25% management fee plus 0.58% other expenses, less a 0.44% fee waiver. This share class carries a redemption fee of 2.00%. Portfolio turnover was 5%.
WWWEX Fees and Expenses
Annual operating expenses and sales charges of WWWEX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.58% |
| Gross expense ratio | 1.83% |
| Fee waiver | −0.44% |
| Net expense ratio | 1.39% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
WWWEX Costs Over Time
On $10,000 invested in WWWEX, assuming 5% a year before costs, total costs come to $863 over 5 years, cutting the return by 1.46% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.39%) | $146 | $454 | $783 |
| Lost growth on money paid in costs | $0 | $23 | $79 |
| Total costs | $146 | $476 | $863 |
| Value after costs | $10,354 | $11,100 | $11,900 |
| Impact on return, per year | 1.46% | 1.46% | 1.46% |
WWWEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 5%
- Securities on loan, average value: —
- Net income from securities lending: —
WWWEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| VIRTU ITG LLC | $520 | 45.61% |
| BNY MELLON CAPITAL MARKETS LLC | $398 | 34.91% |
| FBN SECURITIES INC. | $128 | 11.23% |
| WEEDEN & CO.L.P. | $79 | 6.93% |
| FIDELITY BROKERAGE SERVICES LLC | $15 | 1.32% |
Kinetics Global Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| WWWEX | No Load Class | 1.39% | — |
| KGLAX | Advisor Class A | 1.64% | 5.75% |
| KGLCX | Advisor Class C | 2.14% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.