ICNEX: ICON International Equity S

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ICNEX ICON International Equity S

  • Fund
  • ICNEX
  • Price as of: Jan 17, 2020
  • $12.10
    + $0.08 + 0.67%

Profile

ICNEX - Profile

Vitals

  • YTD Return 0.7%
  • 3 Yr Annualized Return 1.7%
  • 5 Yr Annualized Return 0.7%
  • Net Assets $32.1 M
  • Holdings in Top 10 28.7%

52 WEEK LOW AND HIGH

$12.10
$10.63
$12.19

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.64%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 40.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 0.7%
  • 3 Yr Annualized Total Return 1.7%
  • 5 Yr Annualized Total Return 0.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.67%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    ICON International Equity Fund Class S
  • Fund Family Name
    ICON Funds
  • Inception Date
    Feb 18, 1997
  • Shares Outstanding
    2458594
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Brian Callahan

Fund Description

The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in foreign equity securities. Foreign equity securities refer to securities of issuers, wherever organized, whose securities are listed or traded principally on a recognized stock exchange or over-the-counter market outside the United States.


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Categories

Performance

ICNEX - Performance

Return Ranking - Trailing

Period ICNEX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.7% -0.6% 92.0% 87.45%
1 Yr 5.8% -22.3% 92.0% 96.44%
3 Yr 1.7%* -12.4% 24.3% 90.48%
5 Yr 0.7%* -10.1% 29.6% 90.82%
10 Yr 0.3%* -4.9% 9.0% 87.09%

* Annualized

Return Ranking - Calendar

Period ICNEX Return Category Return Low Category Return High Rank in Category (%)
2019 12.2% -19.9% 301.9% 92.70%
2018 -21.8% -50.2% 0.0% 74.05%
2017 23.0% -2.4% 38.4% 46.95%
2016 -5.4% -23.2% 210.3% 90.27%
2015 1.8% -47.4% 6.8% 5.60%

Total Return Ranking - Trailing

Period ICNEX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.7% -0.6% 92.0% 87.45%
1 Yr 5.8% -22.3% 92.0% 96.44%
3 Yr 1.7%* -10.4% 24.3% 93.71%
5 Yr 0.7%* -10.1% 29.6% 94.21%
10 Yr 0.5%* -4.9% 9.0% 90.38%

* Annualized

Total Return Ranking - Calendar

Period ICNEX Return Category Return Low Category Return High Rank in Category (%)
2019 12.2% -19.9% 301.9% 92.70%
2018 -21.8% -50.2% 0.0% 83.05%
2017 23.0% -0.1% 38.4% 71.17%
2016 -5.4% -10.2% 210.3% 94.95%
2015 1.8% -28.8% 7.7% 8.92%

NAV & Total Return History


Holdings

ICNEX - Holdings

Concentration Analysis

ICNEX Category Low Category High ICNEX % Rank
Net Assets 32.1 M 20 421 B 91.78%
Number of Holdings 84 1 9116 61.72%
Net Assets in Top 10 8.86 M 0 37.7 B 90.60%
Weighting of Top 10 28.71% 0.0% 244.7% 31.47%

Top 10 Holdings

  1. BR Malls Participacoes SA 3.61%
  2. Iguatemi Empresa de Shopping Centers SA 3.60%
  3. Allianz SE 3.49%
  4. Raia Drogasil SA ADR 3.01%
  5. Roche Holding AG Dividend Right Cert. 3.00%
  6. Enel SpA 2.49%
  7. Royal Dutch Shell PLC B 2.48%
  8. Ashtead Group PLC 2.37%
  9. Total SA 2.35%
  10. SoftBank Group Corp 2.32%

Asset Allocation

Weighting Return Low Return High ICNEX % Rank
Stocks
100.65% 0.00% 116.29% 1.36%
Preferred Stocks
0.00% 0.00% 2.25% 64.71%
Other
0.00% -13.56% 26.48% 77.11%
Convertible Bonds
0.00% 0.00% 1.87% 62.26%
Bonds
0.00% 0.00% 67.32% 68.71%
Cash
-0.65% -95.40% 100.00% 96.46%

Stock Sector Breakdown

Weighting Return Low Return High ICNEX % Rank
Financial Services
26.14% 0.00% 29.02% 2.61%
Healthcare
14.37% 0.00% 29.08% 16.21%
Energy
10.62% 0.00% 15.81% 0.55%
Utilities
10.52% 0.00% 11.11% 0.69%
Real Estate
9.33% 0.00% 12.87% 0.41%
Communication Services
7.61% 0.00% 29.11% 21.84%
Basic Materials
7.38% 0.00% 17.16% 37.91%
Industrials
6.18% 4.34% 32.40% 99.18%
Consumer Cyclical
4.69% 2.08% 27.41% 98.63%
Consumer Defense
2.22% 1.35% 30.38% 98.49%
Technology
0.93% 0.00% 52.53% 98.63%

Stock Geographic Breakdown

Weighting Return Low Return High ICNEX % Rank
Non US
94.58% 0.00% 121.40% 56.40%
US
6.07% -13.21% 19.62% 14.03%

Expenses

ICNEX - Expenses

Operational Fees

ICNEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.64% 0.00% 2643.52% 22.73%
Management Fee 1.00% 0.00% 1.36% 97.83%
12b-1 Fee 0.00% 0.00% 1.00% 9.29%
Administrative Fee 0.05% 0.00% 1.00% 19.16%

Sales Fees

ICNEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

ICNEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ICNEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 40.00% 0.00% 344.00% 47.51%

Distributions

ICNEX - Distributions

Dividend Yield Analysis

ICNEX Category Low Category High ICNEX % Rank
Dividend Yield 0.00% 0.00% 5.54% 68.56%

Dividend Distribution Analysis

ICNEX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

ICNEX Category Low Category High ICNEX % Rank
Net Income Ratio 1.67% -1.71% 3.74% 67.18%

Capital Gain Distribution Analysis

ICNEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

ICNEX - Fund Manager Analysis

Managers

Brian Callahan


Start Date

Tenure

Tenure Rank

May 30, 2019

0.59

0.6%

Brian Callahan is ICON’s Investment Committee member for separately managed accounts (SMAs) and institutional accounts. He first joined ICON in 2000 as a Research Analyst while attending Colorado State University. In 2007, he received a master’s in business administration from The Ohio State University and returned as a Research Analyst. In 2008, he became an Investment Committee member. He was previously employed as a treasury administrator at Citi Fund Services . He holds a FINRA Series 7 registration.

Scott Callahan


Start Date

Tenure

Tenure Rank

May 30, 2019

0.59

0.6%

Scott Callahan joined ICON in 2005 as a Research Analyst and was promoted to Assistant Portfolio Manager in January 2006. He left ICON in August 2006 to pursue his MBA, which he received from New York University in 2008. Mr. Callahan became a Portfolio Manager in 2008. Mr. Callahan received a bachelor’s degree in psychology from the University of Colorado.

Craig Callahan


Start Date

Tenure

Tenure Rank

May 30, 2019

0.59

0.6%

Craig Callahan is the company Founder, Chief Executive Officer, President and Chairman of the Investment Committee of ICON Advisers, Inc. Mr. Callahan received his doctorate of business administration in finance and statistics from Kent State University in 1979 and a Bachelor of Science degree from Ohio State University in 1973. From 1986 to 2005, he served as ICON’s Chief Investment Officer. He holds the FINRA Series 7, 24, 63, 65, and 66 registrations.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 27.93 5.4 0.84