About WIREX
Wireless Fund is a technology-focused mutual fund that invests primarily in companies engaged in the development, production, or distribution of wireless-related products and services. The fund aims to capture growth opportunities arising from advancements in wireless technology, including sectors such as semiconductors, telecommunications, and software services. At least 80% of its assets are allocated to businesses driving innovation in wireless applications and infrastructure, with an emphasis on growth companies that are expected to experience above-average earnings expansion. The portfolio is concentrated, typically holding around 22 companies, and is non-diversified, meaning it invests heavily in its highest-conviction ideas within the wireless sector.
Key holdings feature leading technology firms such as NVIDIA, Microsoft, Alphabet, Apple, Broadcom, and Qualcomm, reflecting the fund’s tilt toward large-cap innovators at the forefront of digital connectivity and mobile communications. Wireless Fund is characterized by a relatively high expense ratio and average risk level, positioning itself for investors seeking exposure to transformative trends in wireless communications rather than current income, as its focus is on long-term capital appreciation rather than dividends.
Fund Family Wireless
Category Technology
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol WIREX
Index NASDAQ Composite TR
WIREX had a total return of 22.48% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.84%.
