IVA Worldwide Fund Class A (IVWAX)

18.98
Net Asset Value
-0.42%
1 Day
+0.58%
Year-to-Date
Overall Morningstar Rating
World allocation
Style or Category
5
Sales Expenses
1.25%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital by investing in a range of securities and asset classes from markets around the world- including U.S. markets. The fund- under normal market conditions- will invest no less than 30%- although the advisor intends to invest at least 40%- of its total assets in equity and debt securities issued by foreign companies and governments. It may invest in companies based in emerging markets- typically in the Far East- Latin America and Eastern Europe- as well as in companies operating in developed countries- such as those of the U.S.- Canada- Japan and Western Europe.

Performance

1 month-0.05% 3 years+4.86%
3 months-1.76% 5 years+6.30%
1 year+8.99% Since inception+8.62%
Data through --

Peer Comparisonvs. World allocation

 IVWAXCategory
Performance 5-yr return+6.30%+4.93%
Expense ratio1.25%1.28%
Risk 5 year sharpe ratio1.070.65
Net assets$8.2B$2.8B
Average market cap$31.8B$38.8B
Average P/E19.615.0
Portfolio turnover14%14%

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Fund Management and Purchase Info

Fund familyIVA Funds
Fund manager & tenureCharles de Vaulx / 9 Years
Minimal initial investment$5,000.00
Minimum IRA investment$1,000.00

Holdings

Cash39.94%
International stock32.06%
U.S. stock20.48%
Fixed income7.47%
Other0.05%
Top 5 Sectors
Portfolio weighting
Business service 13.57%
Consumer goods 12.05%
Media 10.34%
Financial service 10.02%
Telecommunication 8.70%
Top 10 Holdings
Portfolio weighting
-- 5.56%
BRKA Berkshire Hathaway4.05%
-- 3.31%
-- 2.53%
-- 2.28%
ORCL Oracle1.72%
MA MasterCard1.62%
-- 1.61%
BAC Bank of America1.43%
-- 1.32%