Ivy Asset Strategy Fund Class A (WASAX)

24.72
Net Asset Value
+1.10%
1 Day
+3.60%
Year-to-Date
Overall Morningstar Rating
World allocation
Style or Category
5.75
Sales Expenses
1.12%
Expense Ratio
Above Average
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 in derivative instruments- precious metals and investments with exposure to various foreign currencies. It may invest in U.S. and foreign securities; the fund may invest up to 100% of its total assets in foreign securities and in securities denominated in currencies other than the U.S. dollar- including issuers located in and/or generating revenue from emerging markets.

Performance

1 month-2.68% 3 years+0.96%
3 months+5.54% 5 years+3.99%
1 year+17.16% Since inception+7.51%
Data through --

Peer Comparisonvs. World allocation

 WASAXCategory
Performance 5-yr return+3.99%+5.90%
Expense ratio1.12%1.28%
Risk 5 year sharpe ratio0.450.82
Net assets$3.6B$3.0B
Average market cap$94.3B$41.6B
Average P/E23.017.2
Portfolio turnover51%51%

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Fund Management and Purchase Info

Fund familyIvy Funds
Fund manager & tenureCynthia Prince-Fox / 3 Years
Minimal initial investment$750.00
Minimum IRA investment--

Holdings

U.S. stock46.72%
International stock28.02%
Fixed income22.31%
Cash1.54%
Other1.43%
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
-- 5.93%
MSFT Microsoft3.49%
JPM JPMorgan Chase3.04%
-- 2.38%
PFE Pfizer1.95%
-- 1.94%
GOOGL Google1.87%
HD Home Depot1.82%
LMT Lockheed Martin1.75%
AMZN Amazon1.74%