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Ivy Cundill Global Value Fund Class I (ICVIX)

Net Asset Value
1 Day
Overall Morningstar Rating
World stock
Style or Category
No Load
Sales Expenses
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide capital appreciation. The fund invests primarily in equity securities of issuers located throughout the world, including emerging market countries, which Mackenzie Financial Corporation believes are trading below their estimated "intrinsic value." Under normal circumstances, it 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. The fund will allocate its assets among at least three different countries (one of which may be the United States). It may invest up to 100% of its total assets in foreign securities.


1 month+2.09% 3 years+7.13%
3 months-8.12% 5 years+4.58%
1 year-12.60% Since inception+1.30%
Data through --

Peer Comparisonvs. World stock

Performance 5-yr return+4.58%+12.29%
Expense ratio1.26%1.36%
Risk 5 year sharpe ratio0.480.77
Net assets$266.2M$1.2B
Average market cap$21.0B$38.3B
Average P/E14.116.9
Portfolio turnover28%28%

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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--


International stock51.16%
U.S. stock32.58%
Fixed income10.44%
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 AIG8.15%
C Citigroup7.25%
BAC Bank of America5.15%
-- 4.40%
-- 4.18%
-- 3.87%
-- 3.75%
-- 3.63%
-- 3.53%
-- 3.20%

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