* Effective January 29, 2007, ICON Covered Call Fund was renamed ICON Income Opportunity Fund and amended its investment strategy to broaden the type of investments it may buy and sell. The ICON Income Opportunity Fund intends to distribute the net investment income it generates from option premiums at least quarterly and net capital gains annually. To pursue its amended investment objective, the Fund will normally invest in U.S. equity securities, options on equity securities, and securities indexes. The Fund may also write calls on exchange-traded funds and other derivatives.
The data quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the data quoted. Please call 1-800-828-4881 or click here for performance results current to the most recent month-end. Returns assume the reinvestment of dividends and capital gain distributions and reflect applicable fees and expenses. Investing for short periods makes losses more likely.
There are risks involved with mutual fund investing, including the risk of loss of principal. There is no assurance that the investment process will consistently lead to successful results. Call options involve certain risks, such as limited gains and lack of liquidity of the underlying securities, and are not suitable for all investors. An investment concentrated in sectors and industries may involve greater risk and volatility than a more diversified investment, and the Technology sector has been among the most volatile sectors in the market. There are risks associated with Mid Cap investing such as less liquidity, limited product lines, and small market share.
Consider the investment objectives, risks, charges, expenses, and share classes of each ICON Fund carefully before investing. The prospectus and the statement of additional information contain this and other information about the Funds; please read the prospectus and the statement of additional information carefully before investing.
Performance is for the Fund's Class I shares. Performance for the Fund's other share classes will vary due to differences in charges and expenses.
The unmanaged Standard & Poor’s Composite 1500 (S&P1500) Index is a broad-based capitalization-weighted index comprising 1,500 stocks of Large-cap, Mid-cap, and Small-cap U.S. companies. Total returns for the unmanaged index include the reinvestment of dividends and capital gain distributions but do not reflect the costs of managing a mutual fund. The Fund’s composition may differ significantly from the index. Individuals cannot invest directly in an index. ICON DistributorsSM, Distributor