| Ticker: | ICTEX |
| Manager: | Scott Callahan |
| Manager Since: | 01/09 |
| NAV (05/17/2013): | 10.79 |
| Objective: | Equity - Sector Technology |
| Peer: | TC LG |
| Net Assets ($mil): | 83.33 |
| Inception: | 02/19/1997 |
ICTEX : Description
The fund was incepted in February 1997 and is managed by ICON Advisers, Inc. The fund seeks long-term capital appreciation. The fund invests at least 80% of its net assets in equity securities of companies in the information technology sector and traded in the U.S. The fund also invests in common and preferred stocks of companies of any market capitalization. Dividends and capital gains, if any, are distributed annually.
ICTEX : Composition - 05/13
| Stocks | 100.50% |
| Foreign Stocks | 1.45% |
| Cash | 1.40% |
| Bonds | 0.00% |
| Foreign Bonds | 0.00% |
| Preferred | 0.00% |
| Convertible | 0.00% |
| Other | -1.90% |
| Foreign Hedged | 0.00% |
ICTEX : Style Analysis - 05/13
| Large Growth | 59.55% |
| Large Value | 0.00% |
| Small Growth | 15.93% |
| Small Value | 0.00% |
| Foreign Stock | 59.55% |
| Emerging Market | 0.00% |
| Precious Metals | 0.00% |
| Intermediate Bond | 0.00% |
| High Yield Bond | 0.00% |
| Foreign Bond | 0.00% |
ICTEX : Risk Analysis
| Beta v. S&P 500 | 1.21 |
| Beta v. EAFE | -0.07 |
| Beta v. Barclays Agg Bond | 0.28 |
| Alpha 3 Yr | -6.55 |
| Alpha 5 Yr | -3.21 |
| R-Sq 3 Yr | 0.85 |
| R-Sq 5 Yr | 0.88 |
| Std Dev 3 Yr | 18.02 |
| Std Dev 5 Yr | 22.10 |
| Sharpe 3 Yr | 0.44 |
| Sharpe 5 Yr | 0.18 |
ICTEX : Fees
| Expense Ratio | 1.34 |
| % Max Load | NA |
| % Min Load | NA |
| % Deferred Load | NA |
| % Redemption | NA |
| % Max 12 B1 Fee | 0.00 |
| % Max Mgt Fee | 1.00 |
ICTEX : Purchase Choices:
| Min Initial Investment | 1000 |
| Min Subsequent Investment | 100 |
ICTEX : Returns Analysis - Annual
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | YTD | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NAV ($) | 8.76 | 9.10 | 8.74 | 9.34 | 11.05 | 5.77 | 8.32 | 8.87 | 9.05 | 10.17 | 10.79 |
| Total Return (%) | 46.98 | 3.88 | -3.95 | 6.86 | 18.30 | -47.78 | 44.98 | 6.61 | 2.02 | 12.37 | 1.67 |
| Annual Dividend Yield (%) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.51 | 0.00 | 0.00 | 0.00 | 0.00 |
| Relative Performance | |||||||||||
| Rel Performance-S&P500(%) | 182.89 | -69.92 | -88.47 | -89.31 | 128.13 | -107.75 | 185.68 | -84.53 | -0.70 | -36.17 | -110.72 |
| Rel Performance-Obj.Ret.(%) | -49.77 | -12.66 | -98.97 | -3.83 | 21.70 | -22.06 | -143.37 | -123.80 | 97.86 | -8.44 | -55.67 |
| Ret.Quintile vs Obj(1 is best) | 4 | 3 | 5 | 3 | 3 | 4 | 5 | 5 | 1 | 3 | 5 |
| Turnover, Yields, and Gains | |||||||||||
| Fund Assets Net($mil) | 311 | 244 | 220 | 242 | 263 | 178 | 119 | 93 | 61 | 83 | 83 |
| Annual Turnover (%) | 120.00 | 189.67 | 152.16 | 155.39 | 78.66 | 171.22 | 89.87 | 66.12 | 44.84 | 35.22 | 0.00 |
| Annual Dividend Paid ($) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 |
| Annual Capital Gains Paid($) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
ICTEX : 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) | -1.99% | -1.33% | 3.50% | 1.67% | -3.09% | 6.42% | 1.80% | 5.49% | 6.19% | NA |
| Ret. Percentile vs. Obj. (1 is best) | 86 | 89 | 92 | 90 | 77 | 69 | 89 | 85 | 35 | NA |
ICTEX : Stock Portfolio Snapshot - 05/13
| Average Price/Earnings | 42.33 |
| Average Price/Book | 4.66 |
| Average EPS Growth | 18.03 |
| Average Market Value | 155,833.00 |
ICTEX : Stock Sector Breakout - 05/13
ICTEX : Top Holdings - 05/13
| Name | Weight | Shares |
|---|---|---|
| APPLE INC | 17.00 | 24,500 |
| INTL BUSINESS MACHINES CORP | 8.30 | 33,300 |
| GOOGLE INC CL A | 6.65 | 7,200 |
| MICROSOFT CORP | 5.41 | 155,600 |
| ACCENTURE PLC CL A | 2.99 | 34,600 |
| AUTOMATIC DATA PROCESSING | 3.07 | 41,400 |
| EMC CORP/MA | 3.04 | 92,300 |
| ORACLE CORP | 3.01 | 69,400 |
| QUALCOMM INC | 4.33 | 53,600 |