Latest news with #Kinetics
Yahoo
13-05-2025
- Business
- Yahoo
Is Kinetics Paradigm Fund No Load (WWNPX) a Strong Mutual Fund Pick Right Now?
On the lookout for a Global - Equity fund? Starting with Kinetics Paradigm Fund No Load (WWNPX) should not be a possibility at this time. WWNPX holds a Zacks Mutual Fund Rank of 5 (Strong Sell), which is based on various forecasting factors like size, cost, and past performance. We note that WWNPX is a Global - Equity option, an investment area loaded with different options. While Global - Equity mutual funds invest their assets in large markets--think the U.S., Europe, and Japan--they aren't limited by geography. Their investment technique is one that leverages the global economy in order to offer stable returns. WWNPX is a part of the Kinetics family of funds, a company based out of Sleepy Hollow, NY. Since Kinetics Paradigm Fund No Load made its debut in February of 2003, WWNPX has garnered more than $743.63 million in assets. The fund's current manager is a team of investment professionals. Investors naturally seek funds with strong performance. This fund carries a 5-year annualized total return of 31.72%, and is in the top third among its category peers. If you're interested in shorter time frames, do not dismiss looking at the fund's 3 -year annualized total return of 31.54%, which places it in the top third during this time-frame. It is important to note that the product's returns may not reflect all its expenses. Any fees not reflected would lower the returns. Total returns do not reflect the fund's [%] sale charge. If sales charges were included, total returns would have been lower. When looking at a fund's performance, it is also important to note the standard deviation of the returns. The lower the standard deviation, the less volatility the fund experiences. WWNPX's standard deviation over the past three years is 38.09% compared to the category average of 16.06%. The standard deviation of the fund over the past 5 years is 35.2% compared to the category average of 17.12%. This makes the fund more volatile than its peers over the past half-decade. The fund has a 5-year beta of 1.07, so investors should note that it is hypothetically more volatile than the market at large. Another factor to consider is alpha, as it reflects a portfolio's performance on a risk-adjusted basis relative to a benchmark-in this case, the S&P 500. Over the past 5 years, the fund has a positive alpha of 18.18. This means that managers in this portfolio are skilled in picking securities that generate better-than-benchmark returns. Costs are increasingly important for mutual fund investing, and particularly as competition heats up in this market. And all things being equal, a lower cost product will outperform its otherwise identical counterpart, so taking a closer look at these metrics is key for investors. In terms of fees, WWNPX is a no load fund. It has an expense ratio of 1.64% compared to the category average of 0.97%. WWNPX is actually more expensive than its peers when you consider factors like cost. While the minimum initial investment for the product is $2,500, investors should also note that there is no minimum for each subsequent investment. Fees charged by investment advisors have not been taken into considiration. Returns would be less if those were included. Overall, Kinetics Paradigm Fund No Load ( WWNPX ) has a low Zacks Mutual Fund rank, and in conjunction with its comparatively strong performance, worse downside risk, and higher fees, Kinetics Paradigm Fund No Load ( WWNPX ) looks like a poor potential choice for investors right now. Your research on the Global - Equity segment doesn't have to stop here. You can check out all the great mutual fund tools we have to offer by going to to see the additional features we offer as well for additional information. If you are more of a stock investor, make sure to also check out our Zacks Rank, and our full suite of tools we have available for novice and professional investors alike. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Get Your Free (WWNPX): Fund Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Cision Canada
07-05-2025
- Business
- Cision Canada
Kinetics Accelerates Clean Energy Innovation with Strategic Investments in North America
ISTANBUL, May 7, 2025 /CNW/ -- Kinetics, a new energy company launched by Karpowership specializing in floating LNG assets and renewable energy, has announced two strategic investments to drive innovation and decarbonization in the energy, maritime and mining sectors. These moves underscore the company's long-term commitment to accelerating the transition to sustainable energy solutions. Kinetics has co-invested in a $20 million Series A financing round for Exterra, a Canada-based cleantech waste-to-value leader. The investment will enable Exterra to advance its flagship Hub I project in Quebec and further commercialize its dual-process technology, unlocking new pathways for carbon-negative industrial operations. Hub I will become the world's largest asbestos mitigation facility – processing 400,000 tonnes of asbestos mine tailings annually. Kinetics also participated in a $20 million Series A financing round for Power to Hydrogen, a U.S.-based manufacturer of next-generation AEM electrolyzers that produce green hydrogen from renewable electricity, and supports the production of e-methanol and green ammonia – key to decarbonizing the global shipping sector. The investment will support Power to Hydrogen's global market expansion, responding to growing demand for accessible and cost-effective green hydrogen. "These partnerships reflect our strategic vision to support breakthrough technologies that go beyond innovative electricity generation – enabling sustainable fuels, cleaner industries, and circular resource use," said Mehmet Katmer, General Manager of Kinetics. "We're proud to back innovators that are reshaping how the world produces, stores, and consumes energy." "This strategic investment from Mitsui O.S.K. Lines and Karpowership is a promising step towards producing lower emissions shipping fuels," said Paul Matter, Co-Founder and CEO of Power to Hydrogen. "With the increasing pressure to decarbonize shipping and promote zero-emission fuels, we see a significant opportunity for green hydrogen, e-methanol, and green ammonia to become the dominant fuels of the future. Our electrolyzers offer a cost-effective and scalable solution to meet this growing demand." By leveraging its global expertise, Kinetics is focused on scaling up solutions that create long-term value and drive decarbonization across complex, hard-to-abate sectors – from mining to maritime transport. About Kinetics Established in 2024, Kinetics specializes in cleaner, flexible energy systems through the development and delivery of floating LNG assets and renewable energy platforms, including battery energy storage systems (BESS). Tailored to meet the evolving needs of partners in the energy industry, Kinetics is redefining how energy infrastructure is deployed and accessed in a decarbonizing world. Kinetics is an initiative of Karpowership, a global energy company with over 25 years of experience in developing its world-leading fleet of floating power infrastructure and innovative energy solutions. About Exterra Exterra Carbon Solutions is a Canadian cleantech waste-to-value leader based in Quebec, Canada. The company specializes in transforming legacy mining waste into sustainable, low-carbon critical minerals and CO₂ sequestration solutions. Leveraging its proprietary LOW™ process to produce low-carbon metal oxides and valuable by-products, alongside the ROC™ process to permanently mineralize CO₂, Exterra redefines sustainable mineral production. Exterra has been awarded the prestigious 2024 Carbon Capture Canada Award in the CCUS First Adopter Award category last September. About Power to Hydrogen Power to Hydrogen is a designer and manufacturer of advanced electrolysis systems based in Columbus, Ohio. The company's innovative AEM electrolyzer technology offers a low-cost, high-performance alternative to existing options for producing clean hydrogen. Power to Hydrogen's systems are designed for easy installation and integration with renewable energy sources, enabling companies to produce green hydrogen efficiently. Power to Hydrogen's mission is to accelerate the transition to a clean energy economy by providing reliable, cost-effective, and accessible hydrogen solutions.
Techday NZ
29-04-2025
- Business
- Techday NZ
Kinetics Group expands IT services with OutSource merger
OutSource IT has joined the Kinetics Group, expanding the combined company's capabilities and offering broader technical skills to clients. As a result of this integration, which became effective as of April 2025, the new entity aims to achieve greater economies of scale, reduce costs of service delivery, and position itself to meet growing demand for managed IT solutions in the New Zealand market. Andrew Hunt, Managing Director of Kinetics, stated, "This move aligns with our commitment to delivering client-focused IT services. OutSource IT's expertise and shared values strengthen our ability to provide tailored managed services. We're thrilled to welcome Philip Adamson and his team to the Kinetics Group." Hunt explained that economic pressures have driven clients to seek greater efficiency and cost control in their IT operations. "This move helps keep costs down for clients, while expanding the services we offer. The IT footprint is much larger, going beyond the traditional space of supporting servers, PCs and mobiles, and extending to public/private cloud and cybersecurity. As a result, businesses need a more strategic approach to consistently achieve their productivity goals." The managed services market in New Zealand is experiencing growth driven by increasing demand for IT outsourcing, cloud services, cybersecurity, and artificial intelligence. Businesses are placing greater value on access to specialist knowledge across areas such as licensing, configuration, and optimisation, according to observations referenced in the announcement. Hunt said the merger makes Kinetics better equipped to deliver locally tailored IT solutions to clients handling these industry changes. "Our focus is accelerating how our customers adopt, use, and automate IT within secure and well governed frameworks. Combining two proven businesses creates the necessary depth across multiple disciplines while still delivering as a trusted and friendly organisation." Kinetics has also introduced a workshop series focused on artificial intelligence (AI) tools, aiming to show clients practical uses for technologies like ChatGPT, Copilot, Midjourney, and Gemini. Hunt said, "There are opportunities to gain competitive advantages, and we're showing our clients how, with a focus on change management, user acceptance, and AI usage policy." A 2024 IDC report highlighted that managed service providers (MSPs) with increased scale can draw on broader teams of specialists in areas such as cloud management, cybersecurity, and data analytics. This scale allows New Zealand businesses, including small and medium-sized enterprises (SMEs), access to enterprise-grade solutions at more accessible costs. Larger MSPs are also able to offer round-the-clock support and comprehensive disaster recovery planning, reducing the impact of downtime. OutSource IT brings with it a team of engineers and the CloudSource service, a New Zealand-hosted data centre solution. CloudSource is designed for businesses running legacy software or requiring local cloud control, and is supported by engineers with direct knowledge of client systems. Kinetics' existing cloud and IT infrastructure services, combined with CloudSource, aim to address the growing need for secure, locally hosted data management amidst heightened concerns about data sovereignty. Philip Adamson, former Managing Director of OutSource IT and now the Client Services Director at Kinetics Group, commented, "This move provides our clients and team access to greater resources while preserving the personalised service OutSource IT is known for." The combination also enhances the group's capabilities with products such as Microsoft 365, SharePoint, Power BI, and Copilot, in response to the increasing adoption of these tools by New Zealand businesses. Kinetics will also be launching a new client portal in late 2025 to provide customers with real-time ticket tracking, system reporting, and access to knowledgebase resources. OutSource IT employees have relocated to Kinetics' Newmarket office. There are no changes to client contact details or the existing service delivery model, with engineers and helpdesk staff continuing support for OutSource IT's existing clients through the transition. Hunt said, "This move enhances our ability to address New Zealand's IT challenges, from cybersecurity to digital transformation. By combining our teams, we can deliver greater expertise and resources, helping clients leverage technology to achieve their goals in a dynamic market."
