Skip to main content
ICPAX logo

Integrity Mid-North American Resources Fund Class A (ICPAX) Fund Overview

Educational signal · not a buy or sell recommendation · How to read this

$8.76 +$0.07 (+0.81%)

Beta 0.93: the stock has moved about 7% less than the S&P 500.

Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 17, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Quick Answer

Integrity Mid-North American Resources Fund Class A (ICPAX) trades at $8.76. Integrity Mid-North American Resources Fund Class A (ICPAX) is a financial services company focused on asset management. Sector: Financials.

Price as of · Last analyzed: Mar 17, 2026
Integrity Mid-North American Resources Fund Class A (ICPAX) is a financial services company focused on asset management. The fund invests in companies benefiting from resource development in the Mid-North America region.

Analyst Coverage for ICPAX: ICPAX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.

▶ Watch the ICPAX film Every key number, told as a short cinematic story — just press play. ~2 min

Integrity Mid-North American Resources Fund Class A (ICPAX) Financial Services Profile

HeadquartersMinot, US
IPO Year1999

Integrity Mid-North American Resources Fund Class A (ICPAX) is an asset management fund focusing on companies involved in the development of resources in the Mid-North America region. With a market capitalization of $0.17 billion, the fund invests in both domestic and foreign issuers, including smaller, emerging companies.

Data Provenance | Financial Data Quantitative Analysis Analysis: Mar 17, 2026

What Is the Investment Thesis for ICPAX?

AI-written as of Mar 17, 2026 — figures and tone reflect the data available then, not today's score.

Integrity Mid-North American Resources Fund Class A (ICPAX) presents a focused investment opportunity within the asset management sector, specifically targeting companies involved in resource development in the Mid-North America region. With a market capitalization of $0.17 billion and a beta of 0.93, ICPAX offers exposure to a niche market segment. The fund's strategy of investing in both established and emerging companies provides potential for capital appreciation. Key value drivers include the growth of the resource development sector in the Mid-North America region and the fund's ability to identify and invest in promising early-stage companies. Upcoming catalysts include potential infrastructure developments and increased demand for resources in the region. Potential risks include fluctuations in commodity prices and regulatory changes affecting the resource development sector. The absence of a dividend yield may deter some investors seeking income.

Based on FMP financials and quantitative analysis

ICPAX Key Highlights

AI-written as of Mar 17, 2026 — figures and tone reflect the data available then, not today's score.

Market capitalization of $0.17 billion indicates a small-cap fund.

  • Beta of 0.93 suggests the fund's volatility is slightly lower than the overall market.
  • The fund invests at least 80% of its net assets in companies participating in or benefiting from resource development in the Mid-North America area.
  • ICPAX invests in both domestic and foreign issuers, providing diversification.
  • The fund invests in companies of all sizes, including smaller companies with limited revenues.

Who Are ICPAX's Competitors?

ICPAX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
AMDWX Amana Mutual Funds Trust Developing World Fund $18.52 +1.31% $213M —
AMIDX Amana Developing World Fund Institutional Class $18.62 +1.31% $214M —
CLFFX Clifford Capital Partners Fund Investor Class $25.91 +0.19% $166M —
JNVSX Jensen Quality Value Fund J Shares $16.69 -0.24% $90.2M —
MECDX MainStay Epoch Capital Growth Fund - Class A $16.61 +0.67% $135M —
BLK BlackRock, Inc. $1059.63 -0.44% $164B 49 5-pillar
BX Blackstone Inc. $111.74 -0.45% $135B 67 5-pillar
APOS Apollo Global Management, Inc. $25.59 -0.23% $74.8B 55 5-pillar

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are ICPAX's Key Strengths?

Specialized focus on resource development in the Mid-North America region.

  • Ability to invest in companies of all sizes.
  • Experienced management team.
  • Potential for high growth in the resource sector.

What Are ICPAX's Weaknesses?

Small market capitalization.

  • Lack of dividend yield.
  • Concentrated investment focus.
  • Dependence on the performance of the resource sector.

What Are the Key Risks for ICPAX?

Fluctuations in commodity prices.

  • Regulatory changes affecting the resource sector.
  • Economic downturns impacting resource demand.
  • Competition from other asset management firms.

What Are ICPAX's Competitive Advantages?

  • Specialized focus on resource development in the Mid-North America region.
  • Ability to invest in companies of all sizes, including smaller companies.
  • Experienced management team with expertise in the resource sector.

What Does ICPAX Do?

Integrity Mid-North American Resources Fund Class A (ICPAX) is an asset management fund that concentrates its investments in companies participating in or benefiting from the development of resources in the Mid-North America region. Founded with the aim of capitalizing on the growth potential of resource-related industries in this specific geographic area, ICPAX has evolved into a fund that invests in a diverse range of companies, from established players to smaller, emerging businesses. The fund's investment strategy involves allocating at least 80% of its net assets (plus any borrowings made for investment purposes) into the stock of both domestic and foreign issuers. This approach allows ICPAX to tap into a broader spectrum of opportunities within the resource development sector. The fund's investment scope is not limited by company size, enabling it to invest in companies of all market capitalizations, including those that have recently commenced operations and may not yet have significant revenues. This flexibility allows ICPAX to identify and invest in promising early-stage companies with high growth potential. ICPAX operates primarily within the Mid-North America region, focusing on resource development activities in this area. The fund's competitive positioning lies in its specialized focus on this specific geographic region and its ability to identify and invest in companies of all sizes within the resource development sector.

What Products and Services Does ICPAX Offer?

  • Invests in stocks of domestic and foreign issuers.
  • Focuses on companies participating in or benefiting from resource development in the Mid-North America area.
  • Allocates at least 80% of net assets to resource-related companies.
  • Invests in companies of all sizes, including smaller companies.
  • Targets companies with potential for growth in the resource sector.
  • Provides investors with exposure to the Mid-North American resource market.

How Does ICPAX Make Money?

  • Generates revenue through management fees charged to investors.
  • Investment decisions are based on analysis of companies involved in resource development.
  • Aims to achieve capital appreciation for investors through stock investments.

What Industry Does ICPAX Operate In?

Integrity Mid-North American Resources Fund Class A (ICPAX) operates within the asset management industry, specifically focusing on funds that invest in resource development. The asset management industry is characterized by intense competition, with numerous firms offering a wide range of investment products. Market trends include the increasing demand for specialized investment strategies and the growing importance of environmental, social, and governance (ESG) factors. ICPAX's focus on resource development in the Mid-North America region positions it as a niche player in the market. The fund's ability to identify and invest in promising early-stage companies provides a competitive advantage.

Who Are ICPAX's Key Customers?

  • Individual investors seeking exposure to the resource sector.
  • Institutional investors looking for specialized investment strategies.
  • Retirement funds seeking diversification in their portfolios.
Model self-rating on this text: 71% (not a measure of the evidence) Updated: Mar 17, 2026

Research confidence

Low

Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.

  • ● Scoring coverage unknown
  • ● Price is current
  • ● No filing on record
  • ● No analyst coverage
  • ● This is a fund, not an operating company

MoonshotScore History

Recorded daily since 2026-08-23 · 42 snapshots

2026-08-23 50
2026-08-31 50
2026-09-08 50
2026-09-16 50
2026-09-24 50
2026-10-04 50
2026-10-05 50

What changed?

The score has stayed at 50.

Over the same 30 days the stock moved -5.2%.

ICPAX Financials

Bull Case vs Bear Case

Bull Case

  • Specialized focus on resource development in the Mid-North America region.
  • Ability to invest in companies of all sizes.
  • Experienced management team.
  • Potential for high growth in the resource sector.

Bear Case

  • Small market capitalization.
  • Lack of dividend yield.
  • Concentrated investment focus.
  • Dependence on the performance of the resource sector.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

ICPAX Latest News

No recent news available for ICPAX.

ICPAX Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for ICPAX.

Price Targets

Wall Street price target analysis for ICPAX.

ICPAX MoonshotScore

MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for ICPAX; grades run from A+ (80-100) to F (below 30).

Integrity Mid-North American Resources Fund Class A Financials Stock: Key Questions Answered

What do analysts say about ICPAX stock?

Without analyst ratings or price targets, it is difficult to assess the consensus view on the fund's future performance. Investors should conduct their own due diligence and consider factors such as the fund's investment strategy, risk profile, and historical performance when making investment decisions. Key valuation metrics to consider include the fund's net asset value (NAV) and expense ratio.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated

MoonshotScore is not published for this security.

Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • The fund's performance is subject to market risks and fluctuations in commodity prices.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis