
CEO, and president of Kinetics Asset Management, which he co-founded in 1996. He also comanages Kinetic's Internet Fund WWWFX . USAWWNPXSpecialty. This fund takes concentrated sector bets, not suitable for a core-portfolio holding.SpecialtyLead
annualized 10 - year loss . And it charges a hefty 1 . 94 % to boot . Speaking of once - trendy funds , Kinetics Internet WWWFX is another stinker . It is primarily a tech fund and is in our mid - growth category , so I figure it is really in an overvalued
CEO, and president of Kinetics Asset Management, which he co-founded in 1996. He also comanages Kinetic's Internet Fund WWWFX . USAWWNPXSpecialty. This fund takes concentrated sector bets, not suitable for a core-portfolio holding.SpecialtyThis
April 2007 and Paul Berman left in April 2009.USAWWWFXKinetics9/2005http://www.kineticsfunds.com/port_comment_ WWWFX .htmPortfolio Commentary Specialty. Even though this fund lands in a diversified category, it is too heavily weighted toward
Net MNNAX has slimmed down from $12 billion in assets under management at its peak to $576 million now. Kinetics Internet WWWFX is down to $388 million from north of $1 billion. Needless to say, these would be examples of the kind of growth fund to
high relative returns in the category, because many such funds drifted away from tech-investing long ago. Kinetics Internet WWWFX is a prime example. This fund was among the most aggressive during the market's 1998 to 1999 run, but after a new manager
companies, just in time for them to get trampled, too. Indeed, Jacob's success at his previous fund, Kinetics Internet WWWFX , may have been due largely to his ability to locate consumer dot-coms generating a lot of buzz--and that his stock-picking
manage an Internet-focused fund. Before leaving to launch the Jacob Internet Fund JAMFX, he led the Kinetics Internet Fund WWWFX to great returns. Lately, though, his penchant for business-to-consumer companies has hurt his fund s performance. Today
As Internet mutual funds rocketed to the top of the charts in recent years, their assets ballooned. The Internet Fund WWWFX boasts a $1.5 billion asset base, and Munder NetNet MNNAX has nearly $8 billion. (Morningstar.com Premium Members can
closes. May 3 American Funds launches New World NEWFX . 7 Pat Adams leaves Berger Funds. 31 Ryan Jacob leaves Internet Fund WWWFX . June 1 Vanguard Windsor VWNDX reopens. 2 PBHG removes Jim McCall from his funds after he sues to leave for Merrill Lynch