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Ivy Asset Strategy Fund Class A (WASAX)

Net Asset Value
1 Day
Overall Morningstar Rating
World allocation
Style or Category
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks to provide total return. The fund seeks to achieve its objective by allocating its assets primarily among stocks, bonds and short-term instruments of issuers in markets around the globe, as well as investments in derivative instruments, precious metals and investments with exposure to various foreign currencies. The fund may invest its assets in any market that IICO believes can offer a high probability of return or, alternatively, can provide a high degree of relative safety in uncertain times.


1 month-0.55% 3 years+9.27%
3 months-2.87% 5 years+7.78%
1 year-3.91% Since inception+8.25%
Data through --

Peer Comparisonvs. World allocation

Performance 5-yr return+7.78%+8.00%
Expense ratio0.96%1.39%
Risk 5 year sharpe ratio0.660.86
Net assets$23.4B$3.1B
Average market cap$76.7B$38.1B
Average P/E19.616.9
Portfolio turnover75%75%

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Fund Management and Purchase Info

Fund familyIvy Funds
Fund manager & tenureMike Avery / 18 Years
Minimal initial investment$750.00
Minimum IRA investment--


U.S. stock51.71%
International stock25.35%
Fixed income20.36%
Top 5 Sectors
Portfolio weighting
Consumer goods 24.98%
Consumer service 17.84%
Financial service 14.30%
Energy 11.38%
Hardware 9.37%
Top 10 Holdings
Portfolio weighting
-- 6.71%
-- 3.60%
-- 2.86%
-- 2.63%
AAPL Apple2.56%
PSX Phillips 661.98%
AGN Allergan1.94%
CTSH Cognizant Technology Solutions Corp1.91%
MSFT Microsoft1.86%
C Citigroup1.80%