Kinetics Asset Management, the company that brought us the first Internet fund, is planning to launch the Water Infrastructure Fund, Dow Jones reports. It will invest in U.S. and foreign companies that supply water infrastructure and related natural-resources businesses.

There are, in fact, a number of other water-focused funds, primarily due to a United Nations resolution to provide at least 50% of the people who currently don’t have safe drinking water this valuable resource by 2015. The U.N. estimates this will cost governments $10 billion to $30 billion above and beyond what they already spend on purifying water.

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