Ivy Cundill Global Value Fund Class I (ICVIX)

18.88
Net Asset Value
+1.12%
1 Day
-2.18%
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-2.68% 3 years+4.08%
3 months+1.67% 5 years+4.48%
1 year+10.68% Since inception+2.73%
Data through --

Peer Comparisonvs. World large stock

 ICVIXCategory
Performance 5-yr return+4.48%+9.21%
Expense ratio1.33%1.19%
Risk 5 year sharpe ratio0.290.80
Net assets$173.6M$1.5B
Average market cap$38.0B$72.3B
Average P/E15.716.5
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. stock58.68%
International stock37.11%
Other4.20%
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
BAC Bank of America6.04%
C Citigroup5.65%
WFC Wells Fargo5.44%
LBTYA Liberty Global PLC3.53%
CHKVP Chesapeake Energy Corp3.43%
BRS Bristow Group Inc3.34%
IBM IBM3.16%
-- 3.05%
FOXA Twenty-First Century Fox3.00%
-- 2.94%