Ivy LaSalle Global Risk-Managed Real Estate Fund Class I (IVIRX)

10.96
Net Asset Value
-0.36%
1 Day
-1.44%
Year-to-Date
Overall Morningstar Rating
Global real estate
Style or Category
No Load
Sales Expenses
1.32%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide total return through long-term capital appreciation and current income. The fund is a non-diversified fund that invests- under normal circumstances- at least 80% of its net assets in securities of companies in the real estate or real estate-related industries. It may make substantial investments in non-U.S. dollar denominated securities and may invest up to 100% of its total assets in foreign securities. Under normal circumstances- the fund invests at least 40% (or- if the portfolio managers deem it warranted by market conditions- at least 30%) of its total assets in securities of non-U.S. issuers. It is non-diversified.

Performance

1 month+1.86% 3 years+4.57%
3 months+5.95% 5 years+5.52%
1 year+6.40% Since inception+4.77%
Data through --

Peer Comparisonvs. Global real estate

 IVIRXCategory
Performance 5-yr return+5.52%+5.94%
Expense ratio1.32%1.29%
Risk 5 year sharpe ratio0.540.54
Net assets$81.5M$747.5M
Average market cap$10.1B$10.1B
Average P/E13.211.8
Portfolio turnover35%35%

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Fund Management and Purchase Info

Fund familyIvy Funds
Fund manager & tenureStanley Kraska / 5 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock53.29%
International stock46.71%
Fixed income0.00%
Cash0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
SPG Simon Property Group Inc6.46%
EQR Equity Residential4.71%
AVB AvalonBay Communities4.11%
-- 3.92%
PSA Public Storage3.85%
WELL Welltower Inc3.80%
-- 3.79%
BXP Boston Properties3.67%
-- 2.95%
-- 2.92%