IVA Worldwide Fund Class A (IVWAX)

19.09
Net Asset Value
+0.10%
1 Day
+1.17%
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-1.19% 3 years+5.47%
3 months+3.03% 5 years+6.57%
1 year+11.05% Since inception+9.10%
Data through --

Peer Comparisonvs. World allocation

 IVWAXCategory
Performance 5-yr return+6.57%+5.90%
Expense ratio1.25%1.28%
Risk 5 year sharpe ratio1.300.82
Net assets$8.6B$3.0B
Average market cap$30.7B$41.6B
Average P/E19.417.2
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

Cash40.47%
International stock30.94%
U.S. stock20.53%
Fixed income8.06%
Other0.00%
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
-- 5.58%
BRKA Berkshire Hathaway3.82%
-- 3.37%
-- 2.43%
-- 2.26%
ORCL Oracle1.80%
MA MasterCard1.63%
-- 1.52%
-- 1.48%
CVS CVS Caremark1.29%