![]() 1ĭownload the most recent news and articles referencing the ICON Utilities & Income Fund. ![]() ICON then employs a tactical, rotation-based process that tilts the Fund toward industries and sectors ICON believes will outperform. This calculated intrinsic value for each individual stock is aggregated by industry and sector which enables ICON to identify value opportunities within industries and sectors. ICON’s quantitative methodology calculates intrinsic value using average earnings per share, future earnings growth estimates, beta, and bond yield. There is no minimum or maximum with respect to the amount the Fund may invest in any particular sector. Equity securities in which the Fund may invest include common stocks and preferred stocks of companies of any market capitalization. This strategy may not be changed unless the Fund shareholders are given at least 60 days prior notice. It normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies in the Utilities sectors (as determined by the Global Industry Classification Standard) including, but not limited to: Electric Utilities, Gas Utilities, Independent Power Producers & Energy Traders, Multi-utilities, Renewable Electricity and Water Utilities. The Fund uses a quantitative methodology to identify securities ICON believes are underpriced relative to value. ![]() The ICON Utilities and Income Fund seeks long-term capital appreciation. ICON Strategy Based Investing Portfolios (SBIPs).Natural Resources and Infrastructure Fund. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
December 2022
Categories |