Guinness Atkinson Fund Focuses on Global Innovators

by Cynthia Wilson | July 6, 2011 12:33 pm

The Guinness Atkinson Global Innovators Fund (MUTF: IWIRX[1]) is an IRA fund focused on companies that the management believes are well positioned to take advantage of advances in technology, communications, globalism or innovative management. It may invest foreign-based companies or those with a significant portion of their holdings in foreign markets, including those in emerging countries.

Here are the specifics for the Guinness Atkinson Global Innovators Fund for today’s mutual fund spotlight:

Investing Strategy: The fund seeks long-term capital appreciation and may invest in companies without regard to their market capitalization. Every cent of the fund’s assets are held in stocks.

Expense Ratio: With its 1.55% expense ratio and no transaction fee, the Guinness Atkinson Global Innovators Fund is expensive and has a Morningstar rating of three stars.

Top 5 Holdings: The top stocks in the Intrepid Small Cap Fund include electronics designer and manufacturer Samsung Electronics Co., Ltd. (BC94) at 4.49%, visual computing technologies provider NVIDIA Corporation (NASDAQ: NVDA[2]) at  4.31%, data, Internet, video and voice service Qwest Communications International, Inc. (NYSE: Q[3]) at 4.01%, Taiwan Semiconductor Manufacturing ADR (NYSE: TSM[4]) at 4.00%, and securities brokerage services provider TD Ameritrade Holding Corporation (NASDAQ: AMTD[5]) at 3.94%.

Returns: The Guinness Atkinson Global Innovators Fund’s 12-month return of 23.05% outperformed the broader market’s 17%. However, its 5-year return of 21.23% also outperformed the Dow Jones Industrial Average’s 8.59& return and the S&P 500’s 1.92% return during the period.

Other Fund Statistics

Endnotes:

  1. IWIRX: http://studio-5.financialcontent.com/investplace/quote?Symbol=IWIRX
  2. NVDA: http://studio-5.financialcontent.com/investplace/quote?Symbol=NVDA
  3. Q: http://studio-5.financialcontent.com/investplace/quote?Symbol=Q
  4. TSM: http://studio-5.financialcontent.com/investplace/quote?Symbol=TSM
  5. AMTD: http://studio-5.financialcontent.com/investplace/quote?Symbol=AMTD

Source URL: https://investorplace.com/2011/07/guinness-atkinson-global-innovators-mutual-fund/