| Ticker: | FTCHX |
| Manager: | Warren Tennant |
| Manager Since: | 01/08 |
| NAV (05/22/2013): | 35.16 |
| Objective: | Equity - Sector Technology |
| Peer: | TC LG |
| Net Assets ($mil): | 359.96 |
| Inception: | 01/19/1984 |
FTCHX : Description
The fund was incepted in January 1984 and is managed by Invesco. The fund seeks capital growth. The fund invests broadly across the technology universe, focusing on such areas as hardware, software, and semiconductors; telecommunications equipment and services; and service-related companies in information technology. The fund concentrates on market-leading companies with strong management teams that have solid track records, financial strength, and proprietary products or content. Typically, these companies have a key competitive advantage or are emerging as faster-growing leaders in their fields. The fund offers dividends and capital gains, if any, annually.
FTCHX : Composition - 05/13
| Stocks | 97.54% |
| Foreign Stocks | 2.10% |
| Cash | 2.15% |
| Bonds | 0.00% |
| Foreign Bonds | 0.00% |
| Preferred | 0.00% |
| Convertible | 0.00% |
| Other | 0.30% |
| Foreign Hedged | 0.00% |
FTCHX : Style Analysis - 05/13
| Large Growth | 54.59% |
| Large Value | 0.00% |
| Small Growth | 29.66% |
| Small Value | 0.00% |
| Foreign Stock | 54.59% |
| Emerging Market | 0.00% |
| Precious Metals | 0.00% |
| Intermediate Bond | 0.00% |
| High Yield Bond | 0.00% |
| Foreign Bond | 0.00% |
FTCHX : Risk Analysis
| Beta v. S&P 500 | 1.15 |
| Beta v. EAFE | 0.01 |
| Beta v. Barclays Agg Bond | -0.55 |
| Alpha 3 Yr | -6.27 |
| Alpha 5 Yr | 0.14 |
| R-Sq 3 Yr | 0.83 |
| R-Sq 5 Yr | 0.82 |
| Std Dev 3 Yr | 19.78 |
| Std Dev 5 Yr | 23.17 |
| Sharpe 3 Yr | 0.49 |
| Sharpe 5 Yr | 0.33 |
FTCHX : Fees
| Expense Ratio | 1.44 |
| % Max Load | NA |
| % Min Load | NA |
| % Deferred Load | NA |
| % Redemption | NA |
| % Max 12 B1 Fee | 0.22 |
| % Max Mgt Fee | 0.69 |
FTCHX : Purchase Choices:
| Min Initial Investment | 1000 |
| Min Subsequent Investment | 50 |
FTCHX : Returns Analysis - Annual
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | YTD | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NAV ($) | 24.61 | 25.44 | 25.90 | 28.49 | 30.59 | 16.96 | 26.82 | 32.42 | 31.37 | 33.35 | 35.16 |
| Total Return (%) | 43.16 | 3.37 | 1.80 | 10.00 | 7.37 | -44.55 | 58.13 | 20.88 | -3.23 | 10.68 | 1.82 |
| Annual Dividend Yield (%) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.78 | 0.77 |
| Relative Performance | |||||||||||
| Rel Performance-S&P500(%) | 144.74 | -75.00 | -30.83 | -57.96 | 18.76 | -75.49 | 317.16 | 58.16 | -53.38 | -53.07 | -109.14 |
| Rel Performance-Obj.Ret.(%) | -87.92 | -17.74 | -41.33 | 27.52 | -87.67 | 10.20 | -11.89 | 18.89 | 45.18 | -25.34 | -54.09 |
| Ret.Quintile vs Obj(1 is best) | 4 | 3 | 5 | 2 | 5 | 2 | 3 | 3 | 1 | 4 | 5 |
| Turnover, Yields, and Gains | |||||||||||
| Fund Assets Net($mil) | 1,464 | 1,033 | 882 | 650 | 547 | 421 | 385 | 386 | 385 | 355 | 360 |
| Annual Turnover (%) | 107.00 | 141.00 | 92.00 | 107.00 | 126.00 | 84.00 | 136.00 | 48.00 | 42.00 | 44.00 | 0.00 |
| Annual Dividend Paid ($) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.28 | 0.00 |
| Annual Capital Gains Paid($) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.06 | 0.00 |
FTCHX : Returns Analysis - Trailing Total Return
| 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | 15 Year | 20 Year | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Return (through 05/13) | -3.46% | -1.33% | 6.98% | 1.82% | -4.59% | 7.72% | 5.18% | 6.73% | 1.58% | 6.83% |
| Ret. Percentile vs. Obj. (1 is best) | 96 | 90 | 79 | 89 | 93 | 57 | 56 | 75 | 85 | 93 |
FTCHX : Stock Portfolio Snapshot - 05/13
| Average Price/Earnings | 49.40 |
| Average Price/Book | 5.09 |
| Average EPS Growth | 18.41 |
| Average Market Value | 86,593.00 |
FTCHX : Stock Sector Breakout - 05/13
FTCHX : Top Holdings - 05/13
| Name | Weight | Shares |
|---|---|---|
| APPLE INC | 7.63 | 113,109 |
| QUALCOMM INC | 4.99 | 510,162 |
| GOOGLE INC CL A | 4.44 | 39,670 |
| ORACLE CORP | 3.18 | 604,872 |
| CITRIX SYSTEMS INC | 2.16 | 199,024 |
| VISA INC CLASS A SHARES | 2.79 | 119,252 |
| COGNIZANT TECH SOLUTIONS A | 2.45 | 211,447 |
| MICROSEMI CORP | 2.26 | 728,705 |
| SALESFORCE.COM INC | 2.96 | 116,161 |