ICCAX — ICON Consumer Discretionary Fund

ICCAX Fund Overview

ICCAX — ICON Consumer Discretionary Fund is a US mutual fund managed by ICON Funds, categorised as Global (incl. US) Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: ICON Funds
• Category: Global (incl. US) Value Equity
• Assets under management: $18.36M
• Ticker: ICCAX
• SEC CIK: 0001025770
• SEC series ID: S000008828
• Share class ID: C000094044

ICCAX Investment Objective and Strategy

ICON Consumer Discretionary Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by ICON Funds.

Investment objective

Seeks long-term capital appreciation.

Principal investment strategy

The Fund uses a quantitative methodology to identify securities ICON believes are underpriced relative to value. It normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies in the Consumer Discretionary sector (as determined by the Global Industry Classification Standard) including, but not limited to: Advertising, Apparel & Accessories & Luxury Goods, Apparel Retail, Auto Parts & Equipment, Automobile Manufacturers, Automotive Retail, Broadcasting, Cable & Satellite, Casinos & Gaming, Computer & Electronics Retail, Consumer Electronics, Department Stores, Distributors, Education Services, Footwear, General Merchandise Stores, Home Furnishing Retail, Home Furnishings, Home Improvement Retail, Homebuilding, Hotels, Resorts & Cruise Lines, Household Appliances, Housewares & Specialties, Internet & Direct Marketing Retail, Leisure Facilities, Leisure Products, Motorcycle Manufacturers, Movies & Entertainment, Publishing, Restaurants, Specialized Consumer Services, Specialty Stores, Textiles and Tires & Rubber.

This strategy may not be changed unless the Fund shareholders are given at least 60 days’ prior notice. Equity securities in which the Fund may invest include common stocks and preferred stocks of companies of any market capitalization.

ICCAX Costs and Fees

ICCAX costs about $199 per $10,000 invested per year in fund expenses.

• Net expense ratio: 1.99%
• Gross expense ratio: 2.98%
• Portfolio turnover: 163%
• Brokerage commissions: 21.21 bps of average net assets (SEC N-CEN)

ICCAX Cashflows

Over the 12 months to 2020-06, ICON Consumer Discretionary Fund had net outflows of $1.52M, from monthly SEC N-PORT filings.

ICCAX Debt Constituents

No individual debt constituents are reported in ICON Consumer Discretionary Fund's latest SEC N-PORT filing.

ICCAX Prospectus and SEC Filings

Official ICON Consumer Discretionary Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2020-02-03
• Prospectus (485BPOS) — filed 2019-02-07
• Prospectus (485BPOS) — filed 2018-02-02
• Portfolio holdings (N-PORT) — filed 2020-08-27
• Portfolio holdings (N-PORT) — filed 2020-05-27
• Annual census (N-CEN) — filed 2019-12-12
• Annual census (N-CEN) — filed 2018-12-06

Related Funds

Other Global (incl. US) Value Equity funds tracked on ABC INVEST:

• FPA U.S. Value Fund, Inc. (FPPFX)
• ICON Industrials Fund (ICTRX)
• Gabelli RBI Fund (GRBIX)
• Gabelli RBI NextShares (GRBIC)
• Intrepid Select Fund (ICMTX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.