Horizon Kinetics Account Access Contact About Kinetics Mutual Funds, Inc. Overview Horizon Kinetics Asset Management LLC (“HKAM”) serves as investment adviser to Kinetics Mutual Funds, Inc. (the “Funds”), a series of nine mutual funds with combined assets under management of $1.4 billion as of March 31, 2019. Significant Firm and employee capital is invested alongside our investors. Firm Overview HKAM is an employee-owned, Securities and Exchange Commission (the “SEC”) registered investment adviser, initially established in 1994. It oversees investments in mutual funds, separate accounts and alternative products, leveraging the research and investment philosophy of Horizon Kinetics LLC (“Horizon Kinetics” or “Firm”), the parent company to HKAM. 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. Our Team The Funds’ investment team is led by co-founders Peter Doyle and Murray Stahl, each with over 30 years of investment experience. The investment team consists of 18 seasoned investment professionals that have an average tenure of 15 years with the Firm and 27 years in the industry.