Ivy Cundill Global Value Fund Class I (ICVIX)

16.97
Net Asset Value
-0.24%
1 Day
-1.05%
Year-to-Date
Overall Morningstar Rating
World stock
Style or Category
No Load
Sales Expenses
1.28%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide capital appreciation. Under normal circumstances, the fund invests at least 40% (or, if Mackenzie deems it warranted by market conditions, at least 30%) of its total assets in securities of non-U.S. issuers. Under normal circumstances, the fund will allocate its assets among at least three different countries (one of which may be the United States).

Performance

1 month-2.42% 3 years+11.45%
3 months-3.47% 5 years+7.34%
1 year-6.45% Since inception+2.49%
Data through --

Peer Comparisonvs. World stock

 ICVIXCategory
Performance 5-yr return+7.34%+9.54%
Expense ratio1.28%1.40%
Risk 5 year sharpe ratio0.500.69
Net assets$347.0M$1.3B
Average market cap$21.1B$41.2B
Average P/E14.917.8
Portfolio turnover47%47%

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Fund Management and Purchase Info

Fund familyIvy Funds
Fund manager & tenureAndrew Massie / 7 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

International stock51.25%
U.S. stock25.42%
Cash17.93%
Other5.31%
Fixed income0.09%
Top 5 Sectors
Portfolio weighting
Financial service 23.32%
Energy 17.71%
Industrial materials 15.39%
Business service 7.99%
Media 7.80%
Top 10 Holdings
Portfolio weighting
AIG American International Group Inc5.83%
C Citigroup Inc5.40%
-- POSCO4.79%
BAC Bank of America Corporation4.55%
-- Munchener Ruck AG4.12%
-- Sankyo Co., Ltd.3.77%
NWSA News Corp Class A3.61%
-- Encana Corp3.59%
-- LG Corp3.55%
-- Henderson Land Development Co Ltd3.51%

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