ICON Long/Short Fund Class C (IOLCX)

23.11
Net Asset Value
-0.69%
1 Day
+22.93%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
No Load
Sales Expenses
2.60%
Expense Ratio
Above 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+5.33% 3 years+12.85%
3 months+1.09% 5 years+6.60%
1 year-2.61% Since inception+5.53%
Data through --

Peer Comparisonvs. Large growth

 IOLCXCategory
Performance 5-yr return+6.60%+11.33%
Expense ratio2.60%1.08%
Risk 5 year sharpe ratio0.350.76
Net assets$20.3M$3.9B
Average market cap$29.7B$167.4B
Average P/E17.926.2
Portfolio turnover36%36%

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Fund Management and Purchase Info

Fund familyICON Funds
Fund manager & tenureCraig Callahan / 8 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

U.S. stock97.95%
International stock2.01%
Cash0.04%
Fixed income0.00%
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
MA MasterCard8.19%
BAC Bank of America6.51%
SBNY Signature Bank5.18%
VOYA Voya Financial Inc4.83%
CSX CSX Corp4.72%
DLTR Dollar Tree Inc4.67%
DG Dollar General4.53%
RCL Royal Caribbean Cruises Ltd4.36%
MAS Masco Corp4.11%
SIVB SVB Financial Group3.92%