Icon Natural Resources Fund Quote
| ICBAX Fund | USD 19.48 0.28 1.46% |
Performance8 of 100
| Odds Of DistressLess than 18
|
Icon Natural is trading at 19.48 as of the 22nd of November 2024; that is 1.46% up since the beginning of the trading day. The fund's open price was 19.2. Icon Natural has less than a 18 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Icon Natural Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies the Advisor considers Natural Resources andor Infrastructure focused, which are companies in the Energy, Industrials, Materials and Utilities sectors. More on Icon Natural Resources
Moving together with Icon Mutual Fund
Icon Mutual Fund Highlights
| Thematic Idea | Energy Funds (View all Themes) |
| Fund Concentration | ICON Funds, Large Funds, Natural Resources Funds, Energy Funds, Natural Resources, ICON Funds, Large, Natural Resources (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 24th of January 2020 |
| Fiscal Year End | September |
Icon Natural Resources [ICBAX] is traded in USA and was established 22nd of November 2024. Icon Natural is listed under ICON Funds category by Fama And French industry classification. The fund is listed under Natural Resources category and is part of ICON Funds family. The entity is thematically classified as Energy Funds. This fund currently has accumulated 39.88 M in assets under management (AUM) with no minimum investment requirementsIcon Natural Resources is currently producing year-to-date (YTD) return of 16.09% with the current yeild of 0.01%, while the total return for the last 3 years was 8.01%.
Check Icon Natural Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Icon Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Icon Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Icon Natural Resources Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Icon Natural Resources Mutual Fund Constituents
| CC | Chemours Co | Stock | Materials | |
| HXL | Hexcel | Stock | Industrials | |
| AVY | Avery Dennison Corp | Stock | Materials | |
| CAT | Caterpillar | Stock | Industrials | |
| CF | CF Industries Holdings | Stock | Materials | |
| IP | International Paper | Stock | Materials | |
| RGLD | Royal Gold | Stock | Materials | |
| FGXXX | First American Funds | Money Market Fund | US Money Market Fund |
Icon Natural Resources Risk Profiles
| Mean Deviation | 0.7964 | |||
| Semi Deviation | 0.7435 | |||
| Standard Deviation | 1.11 | |||
| Variance | 1.24 |
Icon Natural Against Markets
Other Information on Investing in Icon Mutual Fund
Icon Natural financial ratios help investors to determine whether Icon Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Icon with respect to the benefits of owning Icon Natural security.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |