Fund Mojo Newsletter

Fund Mojo on Facebook Follow FundMojo on Twitter Fund Update

Featured Advisor:
Bunmi Ajao

Gastonia, NC
(704) 469-0740
More Details

Historical Analysis

Partners

Fund Mojo help you discover the best fund managers, funds, and related information

Fund Intelligence | Best Managers | IVAEX Insights | IVAEX Score | IVAEX Performance | IVAEX News | IVAEX Allocation | IVAEX Holdings Change

Ivy Asset Strategy I (IVAEX) Fund Ranking and Research

Ranking, Research and Recommendation of Ivy Asset Strategy I (IVAEX) Fund

    Last Trade: $31.50 on 4/16/2014, Change: +0.35 (1.12%)

 

Graph of Ivy Asset Strategy I Fund (IVAEX) ManagerFund Manager - Michael Avery

Fund Manager Information

Fund Manager Tenure: 17.3 years
Fund Family: Ivy Funds
Fund Category: World Allocation
Fund Performance: Mar 30, 2014
Fundmojo Fund Grade: C (Score: 0.53)     (What does this score mean?)
Michael L. Avery -- Avery is senior vice president of WRIMCO and IICO, vice president of the fund. He has served as CIO of Waddell & Reed Financial, Inc., WRIMCO and IICO since June 2005. He has served as portfolio manager for investment companies managed by WRIMCO since February 1994. He held the position of Director of Equity Research for WRIMCO and its predecessor from August 1987 through June 2005. He has served as a Director of the Corporation since April 2007.  Get more insights on Michael Avery

 

Graph of Ivy Asset Strategy I Fund (IVAEX) ProfileIvy Asset Strategy I Fund (IVAEX) Profile

Fund Profile and Description

Ivy Asset Strategy I Fund seeks to provide high total return over the long term. Ivy Asset Strategy I Fund allocates its assets primarily among stocks, bonds and short-term instruments of issuers located around the world. It invests in all types of equity securities of any size company as well as in all varieties of fixed-income instruments. Ivy Asset Strategy I Fund may invest up to 100% of assets in foreign securities. IICO may exercise a flexible strategy in the selection of securities. It may buy or sell options or futures contracts on a security or an index of securities, or enter into swaps.

 

Ivy Asset Strategy I (IVAEX) Fund Strength What we like about Ivy Asset Strategy I (IVAEX) Fund

Data for Ivy Asset Strategy I Fund (IVAEX) as of Mar 30, 2014

  • Ivy Asset Strategy I Fund (IVAEX) management has been with Ivy Asset Strategy I Fund for 17.3 years
  • Ivy Asset Strategy I Fund (IVAEX) has good short-term performance (1-year return 17.72% vs 10.34% World Allocation category median performance)
  • Ivy Asset Strategy I Fund (IVAEX) has good mid-term performance (3-year return 9.34% vs 6.32% World Allocation category median performance)
  • Ivy Asset Strategy I Fund (IVAEX) ratio of up-years vs down years is greater than 2
  • Ivy Asset Strategy I Fund (IVAEX) has an annual stock turnover rate of 39.00% vs World Allocation average of 58.60%. It is good that Ivy Asset Strategy I management does not trade extensively for its return.
  • Ivy Asset Strategy I Fund (IVAEX) has a lower expense ratio than its World Allocation average: 0.74% vs 1.08%
  • Ivy Asset Strategy I Fund (IVAEX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Ivy Asset Strategy I Fund (IVAEX) Weakness What we are cautious about Ivy Asset Strategy I (IVAEX) Fund

Data for Ivy Asset Strategy I Fund (IVAEX) as of Mar 30, 2014

  • Ivy Asset Strategy I Fund (IVAEX) has a less-than-ideal Long-term performance (5-year return 12.43% vs 13.61% World Allocation category median performance)
  • Ivy Asset Strategy I Fund (IVAEX) has a Morningstar rating of 3 and below
  • Ivy Asset Strategy I Fund (IVAEX) is less safe compared to its World Allocation peers
  • Ivy Asset Strategy I Fund (IVAEX) is more volatile than its peers as it has a 3-year Standard Deviation of 17.46 that is higher than category average of 10.54
See Ivy Asset Strategy I Fund (IVAEX) performance details as of Mar 30, 2014

 

What do you think?

 

Compare Ivy Asset Strategy I Fund (IVAEX)Compare with other top World Allocation category mutual funds

Aadditional top World Allocation mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Ivy Asset Strategy I-1.2417.729.3412.43
American Funds Capital Inc Bldr R6 (RIRGX)2.0311.499.6114.39Compare
DFA Global Allocation 60/40 R2 (DFPRX)1.7911.977.6614.58Compare
Columbia Global Opportunities K (IDRYX)1.188.338.0713.51Compare

See top fund managers for World Allocation Category Funds

 

Compare Ivy Asset Strategy I Fund (IVAEX)Compare with World Allocation category ETFs

Some World Allocation ETFs for your consideration

ETFYear to DateOne YearThree Year
IQ Hedge Macro Tracker ETF (MCRO)1.06%-0.27%-0.22%

 

Graph of Ivy Asset Strategy I Fund (IVAEX) Net Asset TrackingIvy Asset Strategy I (IVAEX) Fund Net Asset

Track net asset change of Ivy Asset Strategy I fund (IVAEX)

DateNet Asset
03/2014$36.15B
02/2014$34.27B
01/2014$34.63B
More historic net asset information on Ivy Asset Strategy I Fund (IVAEX)

  

Graph of Ivy Asset Strategy I Fund (IVAEX) Portfolio TrackingIvy Asset Strategy I (IVAEX) Fund Portfolio Allocation

Track portfolio allocation change of Ivy Asset Strategy I fund (IVAEX)

DateCashStockBondOther
12/201323.85%63.87%4.18%7.83%
09/201317.71%61.97%4.93%15.09%
06/201318.86%64.53%4.88%11.61%
Click here to see more historic asset allocation information on Ivy Asset Strategy I Fund (IVAEX)

 

graph of Ivy Asset Strategy I Fund (IVAEX) Top 10 Position TrackingTop 10 Holdings in Ivy Asset Strategy I (IVAEX) Fund

Discover what Ivy Asset Strategy I Fund (IVAEX) manager is buying

Dec 30, 2013
GOLD BULLION [6.49%]
SANDS CHINA [4.76%]
Gold 100 Oz Futr Feb14 [4.12%]
Wynn Resorts, Limited [3.16%]
AIA GROUP LTD [2.76%]
Delta Equity 1 [2.48%]
Ivy Asf Iii (Sbp), Llc [2.4%]
CBS Corporation Class B Common [2.38%]
Cisco Systems, Inc. [1.75%]

Sep 29, 2013
GOLD BULLION [7.96%]
AIA GROUP LTD [2.91%]
Wynn Resorts Ltd [2.86%]
Delta Equity 1 [2.8%]
CBS Corporation Class B Common [2.34%]
Delta Pik Bond 2 [1.94%]
Cisco Systems, Inc. [1.49%]

Jun 29, 2013
Ivy Asf Gold Cfc [4.48%]
GOLD BULLION [4.15%]
AIA Group Ltd. [3.37%]
Wynn Resorts, Limited [3.27%]
Delta Equity 1 [2.65%]
CBS Corporation Class B Common [2.41%]
Delta Pik Bond 2 [2.11%]
Click here for Stock Holding Change Map in Ivy Asset Strategy I Fund (IVAEX)

  

Latest News on Ivy Asset Strategy I (IVAEX) Fund

See what is happening with Ivy Asset Strategy I Fund (IVAEX)

 

Ivy Asset Strategy I Fund (IVAEX) Related ResourcesSee more information on Ivy Asset Strategy I (IVAEX) Fund

Popular pages on Ivy Asset Strategy I (IVAEX) Fund