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 Below Average
Stock Exchange NASDAQ
Ticker Symbol WIREX
Index NASDAQ Composite TR
WIREX had a total return of 25.06% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.65%.
