Address And Details

125 S Market St, Ste 1200 , San Jose, CA 95113
Fund Manager Kevin M. Landis
Manager Tenure 22 Years

Strategy And Objective

Firsthand Technology Opportunities Fund seeks long-term growth of capital. Under normal circumstances, we invest at least 80% of the Fund s assets in high-technology companies. We consider a high-technology company to be one that employs a relatively high degree of engineering and/or scientific intensity to deliver its products or services. We invest the Fund s assets primarily in equity securities of high-technology companies in the industries and markets that we believe hold the most growth potential within the technology sector. Because there are no market capitalization restrictions on the Fund s investments, the Fund may purchase stocks of small-, mid-, and large-cap companies. There is also no percentage limit on the Fund s ability to invest in foreign securities. Due to the Fund s focus on emerging opportunities within the technology sector, its investments tend to include younger companies with market capitalizations in the small- or mid-cap categories. Our analysis of a potential investment focuses on valuing a company and purchasing securities of that company if we believe its intrinsic value exceeds its current market price. Conversely, we sell securities of a company when its market price exceeds its intrinsic value or when alternative investments present better potential for capital appreciation. When assessing a company s intrinsic value, we consider a number of factors that may influence its earnings potential, including: strength of technology, breadth of product line, barriers to entry (including patents and other intellectual property rights), the competitive environment, product development, marketing acumen, and management strength and vision. The Fund is non-diversified, which means that it invests in fewer companies than a diversified fund. Although some of the Fund s holdings may produce dividends, interest, or other income, current income is not a consideration when selecting the Fund s investments.

Net Asset Value

as of 5:31 PM ET 09/17/2021

Performance

  • 1 Week
  • +0.63%
  • 1 Month
  • +1.60%
  • 3 Months
  • +2.02%
  • 1 Yr Return
  • +36.19%
  • 5 Yr Return
  • +162.26%

Equity Sector Breakdown

Technology 44.51%
NonDurables 24.03%
Services 11.96%
RetailTrade 2.05%
Finance 1.47%
Health 0.24%
ConsumerDurables n/a
Energy n/a
IndustrialCyclical n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Stocks 99.83%
ForeignStocks 3.43%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 368.70 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 9.95 14.07 5.23
Beta 1.10 1.07 1.07
R Squared 0.49 0.45 0.48
Std Deviation 29.34 24.04 20.73
Sharpe Ratio 1.12 1.50 n/a

Purchase Information

as of 5:51 PM ET 09/16/2021
Minimum Initial $2000
Minimum Additional $50
Minimum Initial IRA $2000

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 06/30/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 06/30/2021
1 Year
  • +47.40%
  • +86.01%
+47.40% +86.01%
3 Year
  • +28.98%
  • +35.61%
+28.98% +35.61%
10 Year
  • +22.24%
  • +22.04%
+22.24% +22.04%
Life Of Fund
  • +6.98%
  • +7.33%
+6.98% +7.33%

Top 10 Holdings

Symbol Company Name % Of Assets
CHGG CHEGG INC 8.14%
CREE CREE INC 6.34%
PINS PINTEREST INC 5.38%
ZS ZSCALER INC 4.80%
DOCU DOCUSIGN INC 4.52%
DOMO DOMO INC 3.93%
NTNX NUTANIX INC 3.19%
PTON PELOTON INTERACTIVE INC 3.14%
PVS PIVOTAL SYSTEMS CORP 3.08%
ROKU ROKU INC 21.84%

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