| Ticker: | ICENX |
| Manager: | Derek Rollingson |
| Manager Since: | 05/07 |
| NAV (05/24/2013): | 22.34 |
| Objective: | Equity - Sector Energy/Res |
| Peer: | EN LV |
| Net Assets ($mil): | 567.05 |
| Inception: | 11/05/1997 |
ICENX : Description
The fund was incepted in November 1997 and is managed by Icon Advisers, Inc. The fund seeks long-term capital appreciation using a quantitative methodology to identify securities Icon believes are under priced relative to value. The fund invests at least 80% of its net assets in equity securities of companies in the energy sector and traded in the U.S. equity securities in which the fund may invest include common and preferred stocks of companies of any market capitalization. The fund distributes dividends and capital gains, if any, annually.
ICENX : Composition - 05/13
| Stocks | 100.01% |
| Foreign Stocks | 7.34% |
| Cash | 3.01% |
| Bonds | 0.00% |
| Foreign Bonds | 0.00% |
| Preferred | 0.00% |
| Convertible | 0.00% |
| Other | -3.01% |
| Foreign Hedged | 0.00% |
ICENX : Style Analysis - 05/13
| Large Growth | 0.00% |
| Large Value | 61.78% |
| Small Growth | 0.00% |
| Small Value | 11.58% |
| Foreign Stock | 0.00% |
| Emerging Market | 0.00% |
| Precious Metals | 9.09% |
| Intermediate Bond | 0.00% |
| High Yield Bond | 0.00% |
| Foreign Bond | 0.00% |
ICENX : Risk Analysis
| Beta v. S&P 500 | 1.05 |
| Beta v. EAFE | 0.26 |
| Beta v. Barclays Agg Bond | -0.96 |
| Alpha 3 Yr | -7.41 |
| Alpha 5 Yr | -2.90 |
| R-Sq 3 Yr | 0.82 |
| R-Sq 5 Yr | 0.64 |
| Std Dev 3 Yr | 23.78 |
| Std Dev 5 Yr | 25.36 |
| Sharpe 3 Yr | 0.49 |
| Sharpe 5 Yr | 0.17 |
ICENX : Fees
| Expense Ratio | 1.23 |
| % Max Load | NA |
| % Min Load | NA |
| % Deferred Load | NA |
| % Redemption | NA |
| % Max 12 B1 Fee | 0.00 |
| % Max Mgt Fee | 0.99 |
ICENX : Purchase Choices:
| Min Initial Investment | 1000 |
| Min Subsequent Investment | 100 |
ICENX : Returns Analysis - Annual
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | YTD | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NAV ($) | 16.77 | 23.17 | 31.95 | 31.71 | 33.64 | 14.26 | 17.21 | 20.04 | 18.35 | 18.94 | 22.34 |
| Total Return (%) | 32.67 | 38.16 | 41.90 | 8.72 | 38.77 | -33.38 | 22.14 | 17.72 | -5.54 | 4.76 | 12.30 |
| Annual Dividend Yield (%) | 0.00 | 0.00 | 0.24 | 0.22 | 0.24 | 0.51 | 1.15 | 1.02 | 0.76 | 1.41 | 1.26 |
| Relative Performance | |||||||||||
| Rel Performance-S&P500(%) | 39.83 | 272.91 | 370.16 | -70.69 | 332.80 | 36.28 | -42.73 | 26.59 | -76.43 | -112.25 | -4.41 |
| Rel Performance-Obj.Ret.(%) | 44.20 | 61.89 | -16.64 | -49.12 | -5.59 | 161.34 | -244.05 | 2.71 | 74.77 | 41.32 | 83.60 |
| Ret.Quintile vs Obj(1 is best) | 2 | 1 | 4 | 4 | 3 | 1 | 5 | 3 | 1 | 2 | 1 |
| Turnover, Yields, and Gains | |||||||||||
| Fund Assets Net($mil) | 81 | 128 | 692 | 730 | 816 | 492 | 561 | 597 | 556 | 567 | 567 |
| Annual Turnover (%) | 13.42 | 27.41 | 22.86 | 54.75 | 119.87 | 186.47 | 218.18 | 88.31 | 74.41 | 0.00 | |
| Annual Dividend Paid ($) | 0.00 | 0.00 | 0.08 | 0.08 | 0.11 | 0.11 | 0.20 | 0.21 | 0.14 | 0.28 | 0.00 |
| Annual Capital Gains Paid($) | 0.00 | 0.00 | 0.85 | 3.35 | 9.67 | 7.82 | 0.00 | 0.00 | 0.40 | 0.00 | 0.00 |
ICENX : 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) | -2.74% | 1.91% | 15.20% | 12.30% | 15.64% | 8.70% | 1.27% | 15.65% | 12.85% | NA |
| Ret. Percentile vs. Obj. (1 is best) | 72 | 17 | 5 | 12 | 9 | 11 | 6 | 3 | 1 | NA |
ICENX : Stock Portfolio Snapshot - 05/13
| Average Price/Earnings | 21.60 |
| Average Price/Book | 2.59 |
| Average EPS Growth | 6.45 |
| Average Market Value | 91,332.00 |
ICENX : Stock Sector Breakout - 05/13
ICENX : Top Holdings - 05/13
| Name | Weight | Shares |
|---|---|---|
| EXXON MOBIL CORP | 10.52 | 679,400 |
| CHEVRON CORP | 9.71 | 501,900 |
| VALERO ENERGY CORP | 6.33 | 1,037,000 |
| SCHLUMBERGER LTD | 5.77 | 465,600 |
| MARATHON PETROLEUM CORP | 3.29 | 292,000 |
| CONOCOPHILLIPS | 4.82 | 464,500 |
| DRIL QUIP INC | 3.85 | 294,500 |
| PHILLIPS 66 | 3.47 | 365,550 |
| TESORO CORP | 4.97 | 630,000 |