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Monthly Portfolio Commentaries


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

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Monthly Portfolio Allocation Commentary
ICON's Investment Committee prepares monthly commentaries discussing how our system is pricing the market and how ICON's portfolios are positioned to seek industry leadership.

January, 2012


View Separately Managed Accounts Portfolio Update

Read ICON's archived monthly commentaries.

2011 Portfolio Commentary
2010 Portfolio Commentary
2009 Portfolio Commentary
2008 Portfolio Commentary
2007 Portfolio Commentary
2006 Portfolio Commentary
2005 Portfolio Commentary
2004 Portfolio Commentary

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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