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2010 Portfolio Reallocation Commentaries


The opinions expressed herein reflect the opinions of ICON Advisers, Inc. as of the date shown and do not necessarily reflect the opinions of ICON Advisers, Inc. today.

December 16, 2010
November 12, 2010
October 18, 2010
July 29, 2010
June 24, 2010
May 25, 2010
May 11, 2010
May 3, 2010
February 19, 2010
February 1, 2010


Investing in securities involves inherent risks, including the risk that you can lose the value of your investment.

Opinions and forecasts regarding sectors, industries, companies, countries and/or themes, and portfolio composition and holdings, are all subject to change at any time, based on market and other conditions, and should not be construed as a recommendation of any specific security, industry, or sector.

Consider the investment objectives, risks, charges, expenses, and share classes of each ICON Fund carefully before investing. The prospectus, summary prospectus and the statement of additional information contain this and other information about the Funds; please read the prospectus, summary prospectus and the statement of additional information carefully before investing. ICON DistributorsSM, distributor


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