TEFQX: Firsthand Technology Opportunities

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TEFQX Firsthand Technology Opportunities


Profile

TEFQX - Profile

Vitals

  • YTD Return 12.5%
  • 3 Yr Annualized Return 25.3%
  • 5 Yr Annualized Return 10.1%
  • Net Assets $255 M
  • Holdings in Top 10 54.5%

52 WEEK LOW AND HIGH

$14.24
$12.21
$14.27

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.86%

SALES FEES

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

BROKERAGE FEES

  • Turnover 25.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,000
  • IRA $2,000

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Technology

Distributions

  • YTD Total Return 12.5%
  • 3 Yr Annualized Total Return 25.3%
  • 5 Yr Annualized Total Return 10.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.54%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Firsthand Technology Opportunities Fund
  • Fund Family Name
    Firsthand Funds
  • Inception Date
    Sep 30, 1999
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Kevin Landis

Fund Description

The fund invests at least 80% of the assets in high-technology companies. The adviser considers a high-technology company to be one that employs a relatively high degree of engineering and/or scientific intensity to deliver its products or services. It may purchase stocks of small-, mid-, and large-cap companies. Due to the fund's focus on emerging opportunities within the technology sector, its investments tend to include younger companies with market capitalizations in the small- or mid-cap categories. The fund is non-diversified.


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Categories

Performance

TEFQX - Performance

Return Ranking - Trailing

Period TEFQX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.5% -1.0% 29.6% 15.56%
1 Yr 10.1% -13.9% 44.7% 86.93%
3 Yr 25.3%* -20.1% 29.2% 3.80%
5 Yr 10.1%* -15.2% 20.2% 42.07%
10 Yr 11.8%* -0.8% 17.8% 43.75%

* Annualized

Return Ranking - Calendar

Period TEFQX Return Category Return Low Category Return High Rank in Category (%)
2019 21.6% -3.0% 62.7% 75.86%
2018 4.3% -49.7% 4.3% 0.61%
2017 55.5% -17.3% 55.5% 0.65%
2016 -17.1% -17.1% 32.1% 100.00%
2015 -4.9% -17.6% 11.6% 73.10%

Total Return Ranking - Trailing

Period TEFQX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.5% -1.0% 29.6% 15.56%
1 Yr 10.1% -13.9% 44.7% 86.93%
3 Yr 25.3%* -20.1% 33.4% 6.33%
5 Yr 10.1%* -15.2% 29.9% 64.83%
10 Yr 11.8%* -0.8% 23.8% 66.96%

* Annualized

Total Return Ranking - Calendar

Period TEFQX Return Category Return Low Category Return High Rank in Category (%)
2019 21.6% -3.0% 62.7% 75.86%
2018 4.3% -49.7% 5.1% 2.44%
2017 55.5% -17.3% 55.5% 0.65%
2016 -17.1% -17.1% 32.8% 100.00%
2015 -4.9% -13.9% 83.1% 85.52%

NAV & Total Return History


Holdings

TEFQX - Holdings

Concentration Analysis

TEFQX Category Low Category High TEFQX % Rank
Net Assets 255 M 87.5 K 30.3 B 71.11%
Number of Holdings 41 22 384 80.00%
Net Assets in Top 10 140 M 19 K 17.6 B 66.11%
Weighting of Top 10 54.52% 14.3% 81.1% 27.78%

Top 10 Holdings

  1. Roku Inc Class A 12.51%
  2. Arista Networks Inc 5.54%
  3. Nutanix Inc A 5.47%
  4. Twilio Inc A 5.35%
  5. Chegg Inc 5.02%
  6. Match Group Inc 4.79%
  7. Netflix Inc 4.41%
  8. Facebook Inc A 3.99%
  9. Cree Inc 3.77%
  10. NVIDIA Corp 3.66%

Asset Allocation

Weighting Return Low Return High TEFQX % Rank
Stocks
99.03% 86.23% 100.94% 33.89%
Cash
0.97% 0.00% 12.89% 70.56%
Preferred Stocks
0.00% 0.00% 1.04% 46.67%
Other
0.00% -4.36% 6.59% 47.78%
Convertible Bonds
0.00% 0.00% 0.00% 39.44%
Bonds
0.00% 0.00% 0.13% 44.44%

Stock Sector Breakdown

Weighting Return Low Return High TEFQX % Rank
Technology
53.81% 29.48% 100.00% 78.33%
Communication Services
33.47% 0.00% 43.22% 3.33%
Consumer Defense
6.01% 0.00% 6.01% 0.56%
Consumer Cyclical
2.90% 0.00% 31.80% 66.67%
Industrials
1.70% 0.00% 33.78% 44.44%
Financial Services
1.70% 0.00% 47.61% 87.22%
Healthcare
0.41% 0.00% 33.24% 57.78%
Utilities
0.00% 0.00% 3.80% 40.00%
Real Estate
0.00% 0.00% 8.18% 57.78%
Energy
0.00% 0.00% 1.25% 40.00%
Basic Materials
0.00% 0.00% 3.13% 46.67%

Stock Geographic Breakdown

Weighting Return Low Return High TEFQX % Rank
US
95.19% 42.64% 98.77% 6.11%
Non US
3.84% 0.57% 53.48% 90.00%

Expenses

TEFQX - Expenses

Operational Fees

TEFQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.86% 0.10% 26.92% 27.27%
Management Fee 1.40% 0.09% 1.95% 97.77%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.45% 0.04% 0.50% 93.88%

Sales Fees

TEFQX 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% 5.00% N/A

Trading Fees

TEFQX 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.

TEFQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 25.00% 2.00% 732.00% 14.53%

Distributions

TEFQX - Distributions

Dividend Yield Analysis

TEFQX Category Low Category High TEFQX % Rank
Dividend Yield 0.00% 0.00% 8.15% 42.78%

Dividend Distribution Analysis

TEFQX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

TEFQX Category Low Category High TEFQX % Rank
Net Income Ratio -1.54% -2.08% 1.32% 96.59%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

TEFQX - Fund Manager Analysis

Managers

Kevin Landis


Start Date

Tenure

Tenure Rank

Sep 30, 1999

20.35

20.4%

Landis is the President, Chief Executive Officer, chief investment officer and portfolio manager of Firsthand Capital Management, Inc. He co-founded the firm in 1993.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 30.1 8.06 5.93