Kinetics Adds Advisor Class A Shares on Three of Its Most Popular Mutual Funds

- Expanded Purchase Options Intended for Use by Brokers -



Apr 30, 2001, 01:00 ET from Kinetics Asset Management, Inc.

    WHITE PLAINS, N.Y., April 30 /PRNewswire/ -- Kinetics Asset Management,
 Inc. announced on its website http://www.kineticsfunds.com, that effective
 April 26, 2001 Advisor Class "A" Shares are now available on three of its most
 popular mutual funds.  The mutual funds involved are: the Kinetics Internet
 Fund (Nasdaq:   KINAX); the Kinetics Medical Fund (Nasdaq:   KRXAX); and the
 Kinetics New Paradigm Fund (Nasdaq:   KNPAX).  The Advisor Class A Shares are
 designed for broker-dealers whose clients rely on their professional expertise
 for investment advice and financial planning.
     "Since our inception, we have had numerous requests from investment
 brokers that would like to offer Kinetics mutual funds to their customers,"
 stated Steven R. Samson, chief executive officer, Kinetics Asset Management,
 Inc. "We believe that making our products available to investors that utilize
 the value-added services provided by licensed registered representatives, is
 in the best interest of all of our shareholders."
     "What is most important is not whether shares are purchased on a no-load
 basis directly by investors, through a fee-based investment advisor, through a
 wrap account or through a transaction-based broker. What really matters is
 that investors have as many avenues available to them to obtain counsel and
 vital information about Kinetics' unique products, investment philosophy,
 management style and investment research perspectives," Samson noted.
     "In working with the broker-dealer community, it is clear that a 5-year
 performance record is an important consideration.  We felt that this was an
 ideal time to introduce this class of shares since the original No-Load Class
 of The Kinetics Internet Fund will celebrate its 5-year anniversary in just 6
 months," Samson added.  "Brokers now have the opportunity to become familiar
 with our approach and with the investment objectives of each of these three
 funds. We believe that when they learn more about Kinetics, they will
 recommend these funds to their customers who are seeking similar goals and who
 want to enjoy the growth potential and the diversification that our mutual
 funds offer."
     The maximum sales charge on Kinetics Advisor Class A Shares is 5.75%, with
 breakpoints for volume purchases.  An annual 12b-1 distribution fee of .25% is
 also applicable.  Please consult our Advisor Class A Shares prospectus for
 more information on all fees, expenses and sales charges that apply.
     Brokers interested in making the Kinetics Advisor Class A Shares available
 to their clients please contact Mr. Brooke Connell at (914) 285-9369 or
 on-line at Brooke@KineticsFunds.com.
 
     Visit Kinetics' website at http://www.kineticsfunds.com.
 
     Kinetics, based in White Plains, N.Y., has ten equity mutual funds,
 including no-load classes for: The Kinetics Internet Fund (Nasdaq:   WWWFX), The
 Kinetics Internet Infrastructure Fund (Nasdaq:   WWWIX), The Kinetics Internet
 Emerging Growth Fund (Nasdaq:   WWWEX), The Kinetics Internet Global Growth Fund
 (Nasdaq:   WWWGX), The Kinetics New Paradigm Fund (Nasdaq:   WWNPX), The Kinetics
 Medical Fund (Nasdaq:   MEDRX), The Kinetics Small Cap Opportunities Fund
 (Nasdaq:   KSCOX), The Kinetics Middle East Growth Fund (Nasdaq:   KMEGX), The
 Kinetics Asia Technology Fund (Nasdaq:   KATKX) and The Kinetics Energy Fund
 (Nasdaq:   ENRGX).  Visit Kinetics' website at http://www.kineticsfunds.com.
 Invest in what's next.  First.
 
     For more information, including a complete explanation of the specific
 risks associated with the funds and all fees and expenses that apply to a
 continued investment, call 1-888-386-3999 for a prospectus or log on to
 http://www.kineticsfunds.com. Read it carefully before investing.
 
     Any performance rankings quoted represents past performance and does not
 guarantee future results. Due to market volatility, current performance may be
 more or less than for the rankings shown. The most current fund performance
 may be obtained by calling 1-888-386-3999 or by logging on to
 http://www.kineticsfunds.com.  Investment return and principal value will
 vary, and an investment in the fund can lose money.
     Because the Funds [other than The Kinetics New Paradigm Fund and The
 Kinetics Small Cap Opportunities Fund] invest in a single industry, their
 shares do not represent a complete investment program.  Internet, technology
 and biotechnology stocks are subject to a rate of change in technology,
 obsolescence and competition that is generally higher than that of other
 industries, and have experienced extreme price and volume fluctuations.
     International investing [for The Kinetics Internet Global Growth Fund, The
 Kinetics Middle East Fund and The Kinetics Asia Technology Fund] presents
 special risks including currency exchange fluctuation, government regulations,
 and the potential for political and economic instability.  The Fund's share
 price is expected to be more volatile than that of a U.S.-only fund.  Because
 smaller companies [for The Kinetics Internet Emerging Growth Fund and The
 Kinetics Small Cap Opportunities Fund] often have narrower markets and limited
 financial resources, they present more risk than larger more well established
 companies.
     As non-diversified and single industry funds, the value of their shares
 may fluctuate more than shares invested in a broader range of industries and
 companies.
     Unlike other investment companies that directly acquire and manage their
 own portfolios of securities, the Funds pursue their investment objectives by
 investing all of their investable assets in a corresponding portfolio series
 of Kinetics Portfolios Trust.
 
     Distributor:  Kinetics Funds Distributor, Inc. is an affiliate of Kinetics
 Asset Management, Inc., and is not an affiliate of Kinetics Mutual Funds, Inc.
 
                     MAKE YOUR OPINION COUNT -- Click Here
                http://tbutton.prnewswire.com/prn/11690X72158422
 
 

SOURCE Kinetics Asset Management, Inc.
    WHITE PLAINS, N.Y., April 30 /PRNewswire/ -- Kinetics Asset Management,
 Inc. announced on its website http://www.kineticsfunds.com, that effective
 April 26, 2001 Advisor Class "A" Shares are now available on three of its most
 popular mutual funds.  The mutual funds involved are: the Kinetics Internet
 Fund (Nasdaq:   KINAX); the Kinetics Medical Fund (Nasdaq:   KRXAX); and the
 Kinetics New Paradigm Fund (Nasdaq:   KNPAX).  The Advisor Class A Shares are
 designed for broker-dealers whose clients rely on their professional expertise
 for investment advice and financial planning.
     "Since our inception, we have had numerous requests from investment
 brokers that would like to offer Kinetics mutual funds to their customers,"
 stated Steven R. Samson, chief executive officer, Kinetics Asset Management,
 Inc. "We believe that making our products available to investors that utilize
 the value-added services provided by licensed registered representatives, is
 in the best interest of all of our shareholders."
     "What is most important is not whether shares are purchased on a no-load
 basis directly by investors, through a fee-based investment advisor, through a
 wrap account or through a transaction-based broker. What really matters is
 that investors have as many avenues available to them to obtain counsel and
 vital information about Kinetics' unique products, investment philosophy,
 management style and investment research perspectives," Samson noted.
     "In working with the broker-dealer community, it is clear that a 5-year
 performance record is an important consideration.  We felt that this was an
 ideal time to introduce this class of shares since the original No-Load Class
 of The Kinetics Internet Fund will celebrate its 5-year anniversary in just 6
 months," Samson added.  "Brokers now have the opportunity to become familiar
 with our approach and with the investment objectives of each of these three
 funds. We believe that when they learn more about Kinetics, they will
 recommend these funds to their customers who are seeking similar goals and who
 want to enjoy the growth potential and the diversification that our mutual
 funds offer."
     The maximum sales charge on Kinetics Advisor Class A Shares is 5.75%, with
 breakpoints for volume purchases.  An annual 12b-1 distribution fee of .25% is
 also applicable.  Please consult our Advisor Class A Shares prospectus for
 more information on all fees, expenses and sales charges that apply.
     Brokers interested in making the Kinetics Advisor Class A Shares available
 to their clients please contact Mr. Brooke Connell at (914) 285-9369 or
 on-line at Brooke@KineticsFunds.com.
 
     Visit Kinetics' website at http://www.kineticsfunds.com.
 
     Kinetics, based in White Plains, N.Y., has ten equity mutual funds,
 including no-load classes for: The Kinetics Internet Fund (Nasdaq:   WWWFX), The
 Kinetics Internet Infrastructure Fund (Nasdaq:   WWWIX), The Kinetics Internet
 Emerging Growth Fund (Nasdaq:   WWWEX), The Kinetics Internet Global Growth Fund
 (Nasdaq:   WWWGX), The Kinetics New Paradigm Fund (Nasdaq:   WWNPX), The Kinetics
 Medical Fund (Nasdaq:   MEDRX), The Kinetics Small Cap Opportunities Fund
 (Nasdaq:   KSCOX), The Kinetics Middle East Growth Fund (Nasdaq:   KMEGX), The
 Kinetics Asia Technology Fund (Nasdaq:   KATKX) and The Kinetics Energy Fund
 (Nasdaq:   ENRGX).  Visit Kinetics' website at http://www.kineticsfunds.com.
 Invest in what's next.  First.
 
     For more information, including a complete explanation of the specific
 risks associated with the funds and all fees and expenses that apply to a
 continued investment, call 1-888-386-3999 for a prospectus or log on to
 http://www.kineticsfunds.com. Read it carefully before investing.
 
     Any performance rankings quoted represents past performance and does not
 guarantee future results. Due to market volatility, current performance may be
 more or less than for the rankings shown. The most current fund performance
 may be obtained by calling 1-888-386-3999 or by logging on to
 http://www.kineticsfunds.com.  Investment return and principal value will
 vary, and an investment in the fund can lose money.
     Because the Funds [other than The Kinetics New Paradigm Fund and The
 Kinetics Small Cap Opportunities Fund] invest in a single industry, their
 shares do not represent a complete investment program.  Internet, technology
 and biotechnology stocks are subject to a rate of change in technology,
 obsolescence and competition that is generally higher than that of other
 industries, and have experienced extreme price and volume fluctuations.
     International investing [for The Kinetics Internet Global Growth Fund, The
 Kinetics Middle East Fund and The Kinetics Asia Technology Fund] presents
 special risks including currency exchange fluctuation, government regulations,
 and the potential for political and economic instability.  The Fund's share
 price is expected to be more volatile than that of a U.S.-only fund.  Because
 smaller companies [for The Kinetics Internet Emerging Growth Fund and The
 Kinetics Small Cap Opportunities Fund] often have narrower markets and limited
 financial resources, they present more risk than larger more well established
 companies.
     As non-diversified and single industry funds, the value of their shares
 may fluctuate more than shares invested in a broader range of industries and
 companies.
     Unlike other investment companies that directly acquire and manage their
 own portfolios of securities, the Funds pursue their investment objectives by
 investing all of their investable assets in a corresponding portfolio series
 of Kinetics Portfolios Trust.
 
     Distributor:  Kinetics Funds Distributor, Inc. is an affiliate of Kinetics
 Asset Management, Inc., and is not an affiliate of Kinetics Mutual Funds, Inc.
 
                     MAKE YOUR OPINION COUNT -- Click Here
                http://tbutton.prnewswire.com/prn/11690X72158422
 
 SOURCE  Kinetics Asset Management, Inc.