ICON Consumer Discretionary Fund

Portfolio of Investments (Unaudited)

6/30/2020

Security Description	Shares		Value
Common Stock (100.13%)
Communications (28.41%)
Alphabet Inc*		600		848,166
Amazon.com Inc*		1,194		3,294,031
Comcast Corp		11,900		463,862
eBay Inc		11,600		608,420
Total Communications				5,214,479
Consumer, Cyclical (64.60%)
Cavco Industries Inc*		2,300		443,555
Dollar General Corp		5,700		1,085,907
Dorman Products Inc*		6,500		435,955
Gentherm Inc*		8,600		334,540
LGI Homes Inc*		11,500		1,012,345
LKQ Corp*		15,200		398,240
Lowe's Cos Inc		9,100		1,229,592
Lululemon Athletica Inc*		4,900		1,528,849
M/I Homes Inc*		13,200		454,608
Marriott Vacations Worldwide Corp		6,800		559,028
Mohawk Industries Inc*		6,200		630,912
NIKE Inc		12,600		1,235,430
O'Reilly Automotive Inc*		1,700		716,839
The TJX Cos Inc		11,902		601,765
Ulta Beauty Inc*		3,600		732,312
VF Corp		7,500		457,050
Total Consumer, Cyclical				11,856,927
Consumer, Non-Cyclical (2.77%)
Global Payments Inc		3,000		508,860
Financial (4.35%)
Mastercard Inc		2,700		798,390
Total Common Stock (Cost $15,281,972)				18,378,656
Total Investments (Cost $15,281,972) (100.13%)				18,378,656
Liabilities in Excess of Other Assets (-0.13%)				(23,245	)
Net Assets (100.00%)				18,355,411

* Non-income producing security.