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ICON Healthcare Fund Class S

  • Symbol: ICHCX
  • No Transaction Fee No Transaction Fee 1
  • Fidelity Fund Pick Fidelity Fund Pick  2

Morningstar® Snapshot*

Returns 2 out of 5, Below Average Returns
Expenses 3 out of 5, Average Fees
Risk of this Category Category Risk Rating:7, where 1 is Lower and 10 is Higher

*Data provided by Morningstar.


 3 More Information
AS OF 10/31/2015
Average Annual Returns
YTD (Daily)* 1 Yr 3 Yr 5 Yr 10 Yr
YTD (Daily)* +0.22% 1 Yr +1.38% 3 Yr +22.09% 5 Yr +19.34% 10 Yr +8.45%
*AS OF 11/24/2015; Value is cumulative

Hypothetical Growth of $10,000

 4, 5 More Information
Shows growth of hypothetical $10,000 investment in ICON Healthcare Fund Class S compared to S&P 500,S&P1500 Supercmp Ind TR,Health over the selected time period
ICON Healthcare Fund Class S

Compare Chart| Fund Facts Search

The performance data featured represents past performance, which is no guarantee of future results. Investment return and principal value of an investment will fluctuate; therefore, you may have a gain or loss when you sell your shares. Current performance may be higher or lower than the performance data quoted.

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
This Fund 13.91% 0.84% 6.82% -29.91% 17.71% 2.97% 11.60% 17.02% 44.95% 24.97% -0.32%
Benchmark 4.91% 15.79% 5.49% -37.00% 26.46% 15.06% 2.11% 16.00% 32.39% 13.69% 2.70%
Benchmark-2 5.66% 15.34% 5.47% -36.72% 27.25% 16.38% 1.75% 16.17% 32.80% 13.08% 2.48%
Category 9.64% 4.27% 9.27% -23.43% 22.48% 8.38% 7.66% 21.55% 48.17% 27.25% 5.23%
+/- Benchmark 9.00% -14.95% 1.33% 7.09% -8.75% -12.09% 9.49% 1.02% 12.56% 11.28% -3.02%
+/- Benchmark-2 8.25% -14.50% 1.35% 6.81% -9.54% -13.41% 9.85% 0.85% 12.15% 11.89% -2.80%
+/- Category 4.27% -3.43% -2.45% -6.48% -4.77% -5.41% 3.94% -4.53% -3.22% -2.28% -5.55%

Compare Chart| Fund Facts Search

The performance data featured represents past performance, which is no guarantee of future results. Investment return and principal value of an investment will fluctuate; therefore, you may have a gain or loss when you sell your shares. Current performance may be higher or lower than the performance data quoted.

Fund Manager(s)

More Information
Scott Snyder since 1/22/2013

Fund Overview


The investment seeks long-term capital appreciation.


The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies in the Health Care sector. Equity securities in which the fund may invest include common stocks and preferred stocks of companies of any market capitalization. It is non-diversified.


The health care industries are subject to government regulation and reimbursement rates, as well as government approval of products and services, which could have a significant effect on price and availability, and can be significantly affected by rapid obsolescence and patent expirations. Sector funds can be more volatile because of their narrow concentration in a specific industry. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, economic or other developments. These risks may be magnified in foreign markets. Additional risk information for this product may be found in the prospectus or other product materials, if available.

Additional Disclosures

A mutual fund registered under ICON Funds, and managed by ICON Advisers Inc. This description is only intended to provide a brief overview of the fund. Read the fund's prospectus for more detailed information about the fund.


More Information
Morningstar Category
Fund Inception
Glossary definition opens in new window.Exp Ratio (Gross)
($13.60 per $1000)
Glossary definition opens in new window.Exp Ratio (Net)
($13.60 per $1000)
Minimum to Invest 6
Turnover Rate
Glossary definition opens in new window.Portfolio Net Assets ($M)
Glossary definition opens in new window.Share Class Net Assets ($M)
12 Month Low-High
$17.23 - $24.74

Top 10 Holdings

 7 More Information
AS OF 9/30/2015
Top 10 Holdings
Celgene Corp 7.53%
Allergan PLC 7.13%
Biogen Inc 6.58%
AbbVie Inc 6.36%
Cardinal Health Inc 5.99%
UnitedHealth Group Inc 5.95%
McKesson Corp 4.92%
Becton Dickinson & Co 4.41%
Jazz Pharmaceuticals PLC 4.34%
Amgen Inc 3.79%
% of Total Portfolio 56.99%
Total # of holdings: 31 as of 9/30/2015

Quarter-End Average Annual Total Returns

 4, 3 More Information
AS OF 9/30/2015; FUND INCEPTION 2/24/1997 Glossary definition opens in new window.

1.36% AS OF 9/25/2015
1 Yr 3 Yr 5 Yr 10 Yr Life
Glossary definition opens in new window.Before Taxes
ICON Healthcare Fund Class S 2.55% 20.03% 19.25% 7.73% 10.52%
S&P 500 -0.61% 12.40% 13.34% 6.80% 6.70%
S&P1500 Supercmp Ind TR -0.30% 12.49% 13.34% 6.95% 7.07%
Health 9.00% 22.65% 20.66% 11.37% --
Glossary definition opens in new window.After Taxes on Distributions
ICON Healthcare Fund Class S -5.32% 13.93% 15.46% 5.66% 8.42%
Health 4.64% 19.72% 18.66% 10.08% --
Glossary definition opens in new window.After taxes on distributions and sale of fund shares
ICON Healthcare Fund Class S 4.03% 14.08% 14.48% 5.72% 8.07%
Health 5.59% 17.04% 16.28% 9.03% --

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1. No Transaction Fee funds are available without paying a transaction fee. No Transaction Fee funds will also be offered without a load or on a load waived basis. However, the fund may charge a short term trading fee or a redemption fee. Other fees and expenses, including those which apply to a continued investment in the fund, are described in the fund's current prospectus. Fidelity Brokerage Services LLC ("FBS"), or its affiliates, receives compensation in connection with (i) access to, purchase or redemption of, and/or maintenance of positions in mutual funds and other investment products ("funds"), (ii) platform infrastructure needed to support such funds as well as additional compensation for shareholder services, platform infrastructure support and maintenance, and other programs and/or (iii) a fund's attendance at events for FBS's clients and/or representatives, and opportunities for the fund to promote its products and services. This compensation may take the form of sales loads and 12b-1 fees described in the prospectus and/or additional compensation paid by the fund, its investment adviser or an affiliate. Additional information about the source(s) and amount(s) of this compensation as well as any other remuneration received by FBS or its affiliates will be furnished upon request.

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3. Total returns are historical and include change in share value and reinvestment of dividends and capital gains, if any. Cumulative total returns are reported as of the period indicated. Life of fund figures are reported as of the commencement date to the period indicated and are cumulative if the fund is less than one year old. Total returns do not reflect the fund's [%] sales charge. If sales charges were included, total returns would have been lower.

4. The Morningstar Category Average is the average return for the peer group based on the returns of each individual fund within the group, for the period shown. This average assumes reinvestment of dividends.

5. This chart illustrates the performance of a hypothetical $10,000 investment made in this investment product (and a benchmark or category average, if shown) from the beginning date shown or on the inception date of the product (whichever is later). The inception date used for products with underlying funds, or multiple shares classes, or are offered as a separate account, strategy or sub account, may be the inception date of the underlying fund, the earliest share class of the product, or the date composite performance for the product was first made available. The product's returns may not reflect all its expenses. Any fees not reflected would lower the returns. Benchmark returns include reinvestment of capital gains and dividends, if any, but do not reflect any fees or expenses. It is not possible to invest in an index. Past performance is no guarantee of future results. This chart is not intended to imply any future performance of the investment product.

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Morningstar Category: Health
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