Kinetics Asset Management of New York, the investment adviser of the Internet Fund, has filed with the SEC to offer a no-load fund that will invest in medical companies, especially those that are working on a cure for cancer.

The company expects to start selling shares of the new fund, The Medical Fund, on Sept. 20, according to an SEC filing. The fund will invest in small- and mid-cap medical research companies, especially those engaged in cancer research, the filing said.

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