Horizon Kinetics Account Access Contact FAQs How to Invest FAQs How do I invest in the Funds? Where do I send new or additional money? Can I invest through my broker? What is the minimum amount to invest? Can I establish a monthly Automatic Investment Plan (AIP)? Can I open an IRA, 401(K), or any other tax-deferred account with the Funds? Account Related FAQs Where can I find information regarding HKAM’s Proxy Voting Policies? Can I view my account online? Where can I find distribution information for the Funds? Other FAQs How can our firm establish a dealer agreement with Kinetics Mutual Funds, Inc.? Who can I contact for any media inquiries?

Horizon Kinetics Account Access Contact Firm Overview Horizon Kinetics Asset Management, LLC. Registered Investment Adviser Horizon Kinetics Asset Management, LLC (“HKAM”) is registered with the U.S. Securities and Exchange Commission as an investment adviser. Previously, Kinetics Asset Management LLC (“Kinetics”) was the Fund’s adviser. Kinetics was founded in 1994 to manage mutual funds, leveraging the research and investment philosophy of Horizon Kinetics LLC. Kinetics serves as investment adviser to Kinetics Mutual Funds, Inc. (the “Funds”), a series of eight mutual funds. Kinetics became a wholly-owned subsidiary of Horizon Kinetics LLC (“Horizon Kinetics” or “Firm”) in 2011. Horizon Kinetics Asset Management is an independently owned and operated investment boutique with approximately $5.3 billion in assets under management as of March 31, 2019, that adheres to a long-term, fundamental value investment philosophy. The Firm has 80 employees and has primary offices in New York City and White Plains, New York. Horizon Kinetics’ co-founders and senior investment professionals have been implementing a common investment philosophy and methodology for over 25 years. The Firm’s focus on research-driven, fundamental analysis is reflected across all investment strategies and Funds. Why Kinetics Mutual Funds? Kinetics, the manager of the Funds, is an employee-owned firm led by senior investors who have worked together for over 30 years. We are unique because of our long-term, contrarian investment philosophy and our dedication to in-house proprietary research. We encourage you to view the long-term performance of our Funds. Disclosure 1 In April 2019, Kinetics Asset Management LLC (“KAM”) and Kinetics Advisers, LLC (“KA”) reorganized into Horizon Asset Management LLC (“HAM”), following which HAM was renamed Horizon Kinetics Asset Management LLC (“HKAM”). KAM, HAM and KA were all wholly-owned subsidiaries of Horizon Kinetics LLC, and HKAM will remain a wholly-owned subsidiary. Horizon Kinetics is the parent holding company of HKAM and two limited purpose broker dealers: KBD Securities, LLC (“KBD”) and Kinetics Funds Distributor, LLC (“KFD”), which are SEC-registered and members of FINRA. KBD and KFD are limited purpose broker-dealers that do not trade or maintain custody of client assets. They exist to promote the sale and distribution of the Kinetics Mutual Funds and affiliated private funds. The Firm operates under a unified research and investment process.