Ivy Cundill Global Value Fund Class I (ICVIX)

19.10
Net Asset Value
+0.26%
1 Day
-1.04%
Year-to-Date
Overall Morningstar Rating
World large stock
Style or Category
No Load
Sales Expenses
1.33%
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 may invest up to 100% of its total assets in foreign securities.

Performance

1 month+0.53% 3 years+4.20%
3 months-6.83% 5 years+5.66%
1 year+14.01% Since inception+2.79%
Data through --

Peer Comparisonvs. World large stock

 ICVIXCategory
Performance 5-yr return+5.66%+9.21%
Expense ratio1.33%1.19%
Risk 5 year sharpe ratio0.430.84
Net assets$179.6M$1.5B
Average market cap$40.5B$73.4B
Average P/E17.617.0
Portfolio turnover51%51%

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Fund Management and Purchase Info

Fund familyIvy Funds
Fund manager & tenureJonathan Norwood / 2 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock59.32%
International stock36.96%
Other3.75%
Fixed income0.00%
Cash0.00%
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
C Citigroup5.70%
WFC Wells Fargo5.70%
BAC Bank of America5.66%
LBTYA Liberty Global PLC4.04%
BRS Bristow Group Inc3.53%
CHKVP Chesapeake Energy Corp3.04%
FOXA Twenty-First Century Fox3.01%
IBM IBM2.89%
-- 2.83%
DVA Davita Inc2.83%