The Internet Fund April 21, 1999
Supplement to the Prospectus
dated March 9, 1998
We are pleased to announce that The Internet Fund, Inc. (the "Fund") has
entered into a distribution agreement with T.O. Richardson Securities, Inc.
(the "Distributor"). Effective April 15, 1999, T.O. Richardson Securities,
Inc. has been named the distributor for the Fund. Until the Fund adopts a
12b-1 distribution plan, all expenses incurred by the Distributor will be paid
by Kinetics Asset Management, Inc. (the "Advisor").
The prospectus is amended as follows:
Page 7
Following the section under the caption "Transfer Agent" the following is
inserted:
Distributor
T.O. Richardson Securities, Inc. (the "Distributor"), 2 Bridgewater Road,
Farmington, Connecticut 06032, a registered broker-dealer and member of the
National Association of Securities Dealers, Inc., distributes the Fund's
shares. The Distributor uses its best efforts to distribute the Fund's
shares, which shares are offered for sale by the Fund continuously at net
asset value per share without the imposition of a sales charge. Until the
Fund adopts a Rule 12b-1 distribution plan, all expenses incurred by the
Distributor will be paid by the Advisor.
Please retain this Supplement with your Prospectus for future reference.
