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Horizon Kinetics LLC

Horizon Kinetics manages equity, fixed income, and alternative assets for institutional and individual clients. Horizon Kinetics adheres to a research-based, long-term contrarian fundamental value investment philosophy established by the firm’s founders in 1985 when they worked at Bankers Trust Company. The company launched the Horizon Kinetics ISE Wealth Index in 2011, an innovative benchmark listed on the International Securities Exchange (ISE: RCH) that seeks to track the performance of U.S.-listed, publicly held companies managed by some of the wealthiest individuals in the United States.

Research-based, long-term investment philosophy

Horizon Kinetics Asset Management LLC, a subsidiary of Horizon Kinetics LLC, is the fund's subadviser

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Investors should carefully consider the investment objectives, risks, charges and expenses of any Virtus Mutual Fund before investing. The prospectus and summary prospectus contains this and other information about the fund. Please contact your financial representative, call 1-800-243-4361 to obtain a current prospectus and/or summary prospectus. You should read the prospectus and/or summary prospectus carefully before you invest or send money.