Ivy Asset Strategy Fund Class A (WASAX)

Net Asset Value
1 Day
Overall Morningstar Rating
World allocation
Style or Category
Sales Expenses
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.


1 month+0.12% 3 years+0.95%
3 months-1.52% 5 years+4.45%
1 year+16.26% Since inception+7.11%
Data through --

Peer Comparisonvs. World allocation

Performance 5-yr return+4.45%+4.93%
Expense ratio1.12%1.28%
Risk 5 year sharpe ratio0.340.65
Net assets$3.3B$2.8B
Average market cap$94.3B$38.8B
Average P/E23.015.0
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--


U.S. stock46.72%
International stock28.02%
Fixed income22.31%
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%