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15 important things you should know about Invesco IFOAX mutual fund

Updated: September 28, 2020
N/A
Bull Case
  • No Bull case arguments for now!
Bear Case
  • Low net assets
  • High expense ratio
  • Sales load and/or distribution fees

Before we start: if you’re looking for IFOAX “stock” price, you can quickly find it out by visiting Finny and typing "IFOAX quote". If you’re looking for a quick scoop on IFOAX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "IFOAX". You’ll get all this info in one place.

Are you looking to buy or sell IFOAX? Or perhaps you’re looking for IFOAX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this IFOAX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: IFOAX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: IFOAX buy or sell; the pros and cons of investing in IFOAX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to IFOAX.

And here is the list of questions we’ll answer:

  1. Describe AIM Sector Funds (Invesco Sector Funds): Invesco Technology Sector Fund; Class A Shares (IFOAX).
  2. What are IFOAX holdings?
  3. What is IFOAX performance? What are IFOAX historical returns?
  4. How many up and down years did IFOAX have historically?
  5. What is IFOAX dividend yield?
  6. What is IFOAX minimum initial investment amount?
  7. What is IFOAX expense ratio?
  8. Does IFOAX have any sales loads or 12b-1 distribution expenses?
  9. What is IFOAX tax efficiency (tax-cost ratio)?
  10. What is IFOAX beta? How would you assess IFOAX risk?
  11. What is IFOAX Sharpe ratio?
  12. What is IFOAX Finny Score? IFOAX buy or sell?
  13. What are the pros of investing in IFOAX? What are IFOAX buy reasons?
  14. What are the cons of investing in IFOAX? What are IFOAX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe AIM Sector Funds (Invesco Sector Funds): Invesco Technology Sector Fund; Class A Shares (IFOAX).

The Fund seeks to invest at least 80% of net assets in equity securities of companies to rely extensively on technology, science and communications in their product development or operations. The companies that the Fund may invest may be from any industry, as long as they produce or deploy innovative technology.

2. What are IFOAX top holdings?

IFOAX has 45 stock holdings and 0 bond holdings.

The top 10 holdings represent 48.51% of total assets. Here are the top holdings:

Name Symbol % Assets
Amazon.com Inc AMZN 7.30%
Microsoft Corp MSFT 6.33%
Apple Inc AAPL 5.76%
Alibaba Group Holding Ltd ADR BABA 5.44%
Alphabet Inc A GOOGL 5.23%
Facebook Inc A FB 4.90%
Broadcom Inc AVGO 3.82%
Applied Materials Inc AMAT 3.62%
Illumina Inc ILMN 3.16%
Activision Blizzard Inc ATVI 2.95%

3. What is IFOAX performance? What are IFOAX historical returns?

IFOAX has generated the following returns:

  • 1-month return is -7.50%;
  • 3-month return is -12.45%;
  • 1-year return is 1.71%;
  • 3-year return is 11.86%;
  • 5-year return is 9.73%;
  • 10-year return is 10.23%.

4. How many up and down years did IFOAX have historically?

In the last 10 years, IFOAX had 10 up years and 0 down years.

IFOAX up and down years

5. What is IFOAX dividend yield?

IFOAX yield is 0%.

6. What is IFOAX minimum initial investment amount?

IFOAX minimum initial investment amount is N/A.

7. What is IFOAX expense ratio?

IFOAX expense ratio is 1.28%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

IFOAX expenses

8. Does IFOAX have any sales loads or 12b-1 distribution expenses?

IFOAX 12b-1 distribution fee is 0.25. IFOAX front-end sales load is 5.5. IFOAX back-end sales load is 0.

9. What is IFOAX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is %;
  • 3-year ax cost ratio is %.
IFOAX tax costs

10. What is IFOAX beta? How would you assess IFOAX risk?

  • 3-year beta is 1.02;
  • 5-year beta is 1.08;
  • 10-year beta is 1.06.
IFOAX Beta

11. What is IFOAX Sharpe ratio?

  • 3-year Sharpe ratio is 0.63;
  • 5-year Sharpe ratio is 0.56;
  • 10-year Sharpe ratio is 0.61.
IFOAX Sharpe ratio

Analysis

12. What is Finny Score? buy or sell?

Finny Score is N/A. Our quantitative analysis shows 0 reasons to buy and 3 reasons to sell. Finny Scores are not available if there are insufficient data points from the analysis.

13. What are the pros of investing in IFOAX? What are IFOAX buy reasons?

We don't see any strong reasons to buy IFOAX.

14. What are the cons of investing in IFOAX? What are IFOAX negatives?

The following are IFOAX weaknesses from our perspective:

  • <strong>IFOAX net assets</strong> are $96.60 million. This fund is not a popular choice with retail investors.
  • <strong>IFOAX expense ratio</strong> is 1.28%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • Warning: this fund has a 12b1 and front-end sales fee. The maximum 12b1 fee is 0.25%, while the maximum front-end sales load is 5.5%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Front-end sales load, also known as sales charge, is a fee paid when mutual funds shares are purchased. Those fees are subtracted from your total investable assets.
In the IFOAX review, we covered IFOAX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
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