Ivy Cundill Global Value Fund Class I (ICVIX)

18.72
Net Asset Value
+0.43%
1 Day
+2.35%
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-0.43% 3 years+17.59%
3 months+1.69% 5 years+11.30%
1 year+10.85% Since inception+3.75%
Data through --

Peer Comparisonvs. World stock

 ICVIXCategory
Performance 5-yr return+11.30%+14.83%
Expense ratio1.28%1.43%
Risk 5 year sharpe ratio0.740.86
Net assets$381.0M$1.4B
Average market cap$21.1B$38.2B
Average P/E13.617.3
Portfolio turnover47%47%

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Fund Management and Purchase Info

Fund familyIvy Funds
Fund manager & tenureAndrew Massie / 6 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

International stock51.98%
U.S. stock24.16%
Cash13.80%
Other5.56%
Fixed income4.50%
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 Inc5.69%
C Citigroup Inc4.74%
-- POSCO4.47%
BAC Bank of America Corporation3.96%
-- Munchener Ruck AG3.95%
-- Sankyo Co., Ltd.3.91%
-- Encana Corp3.87%
NWSA News Corp Class A3.83%
-- Vinci3.47%
-- Chesapeake Engy Pfd 144A3.46%

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