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ICON Long/Short Fund Class C (IOLCX)

13.91
Net Asset Value
+3.27%
1 Day
-17.50%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
No Load
Sales Expenses
2.53%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund normally invests in equity securities of companies of any market capitalization and traded in U.S. markets. It generally takes long positions in equity securities identified as undervalued and take short positions in equity securities identified as overvalued. Each long or short position will be determined by considering the tradeoff between the attractiveness of each position and its impact on the risk of the overall portfolio.

Performance

1 month-8.79% 3 years-0.59%
3 months-18.61% 5 years+2.01%
1 year-25.30% Since inception+3.73%
Data through --

Peer Comparisonvs. Large growth

 IOLCXCategory
Performance 5-yr return+2.01%+11.70%
Expense ratio2.53%1.19%
Risk 5 year sharpe ratio0.370.74
Net assets$21.0M$2.6B
Average market cap$11.7B$79.8B
Average P/E16.923.4
Portfolio turnover74%74%

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Fund Management and Purchase Info

Fund familyICON Funds
Fund manager & tenureCraig Callahan / 5 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock100.00%
International stock0.00%
Fixed income0.00%
Cash0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 28.01%
Financial service 13.64%
Business service 11.83%
Hardware 8.76%
Consumer service 8.72%
Top 10 Holdings
Portfolio weighting
BAC Bank of America6.29%
CELG Celgene5.55%
SBNY Signature Bank5.36%
SWKS Skyworks Solutions Inc4.58%
MCK McKesson Corp4.49%
JAZZ Jazz Pharmaceuticals PLC4.48%
ROG Rogers Corp3.86%
KMPR Kemper Corp3.79%
MA MasterCard3.51%
JNS Janus Capital Group Inc3.31%

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