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Ivy Asset Strategy I (IVAEX) Fund Ranking and Research

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

    Last Trade: $20.91 on 2/5/2016, Change: -0.24 (-1.13%)

 

Graph of Ivy Asset Strategy I Fund (IVAEX) ManagerFund Manager - F. Chace Brundige

Fund Manager Information

Fund Manager Tenure: 1.5 years
Fund Family: Ivy Funds
Fund Category: World Allocation
Fund Performance: Dec 30, 2015
Fundmojo Fund Grade: N/A (Score: *Manager is New*)     (What does this score mean?)

 

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 Dec 30, 2015

  • Ivy Asset Strategy I Fund (IVAEX) has an annual stock turnover rate of 75.00% vs World Allocation average of 847.29%. 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 Dec 30, 2015

  • Ivy Asset Strategy I Fund (IVAEX) management has been with Ivy Asset Strategy I Fund for only 1.5 years, it is hard to judge manager's ability based on this fund's operation record
  • Ivy Asset Strategy I Fund (IVAEX) has a less-than-ideal short-term performance (1-year return -8.21% vs -3.28% World Allocation category median performance)
  • Ivy Asset Strategy I Fund (IVAEX) has a less-than-ideal mid-term performance (3-year return 2.88% vs 3.85% World Allocation category median performance)
  • Ivy Asset Strategy I Fund (IVAEX) has a less-than-ideal Long-term performance (5-year return 3.80% vs 3.95% World Allocation category median performance)
  • Ivy Asset Strategy I Fund (IVAEX) ratio of up-years vs down years can be improved
  • Ivy Asset Strategy I Fund (IVAEX) has a Morningstar rating of 3 and below
  • Ivy Asset Strategy I Fund (IVAEX) does not have a good risk adjusted return as its 3-year Alpha of -5.05 is worse than category average of -3.24, and its 3-year Sharpe ratio is 0.31
  • Ivy Asset Strategy I Fund (IVAEX) is more volatile than its peers as it has a 3-year Standard Deviation of 10.94 that is higher than category average of 7.9
  • Asset base in Ivy Asset Strategy I Fund (IVAEX) has been consistently decreasing in the last 2 months. It shows lacks of investor confidence and market support
See Ivy Asset Strategy I Fund (IVAEX) performance details as of Dec 30, 2015

 

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-8.21-8.212.883.80
American Funds Capital Income Bldr R6 (RIRGX)-2.64-2.646.266.78Compare
Columbia Global Opportunities A (IMRFX)-0.70-0.704.085.23Compare
American Funds Capital Income Bldr 529A (CIRAX)-3.04-3.045.846.36Compare

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)-3.85%-3.85%-2.89%

 

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
12/2015$17.45B
11/2015$17.45B
10/2015$18.60B
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
09/201514.09%69.89%11.5%4.51%
06/20154.83%76.57%6.65%11.8%
03/20152.45%77.06%4.04%16.32%
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

Sep 29, 2015
Gold [3.67%]
Delta Topco Ltd. [3.56%]
US Treasury Note 2% [2.67%]
SABMILLER PLC ORD [2.38%]
AIA GROUP LTD [2.32%]
Citigroup, Inc. Common Stock [2.26%]
Phillips 66 Common Stock [2.25%]
Coca-Cola Company (The) Common [2.13%]
Cognizant Technology Solutions [2.1%]
Home Depot, Inc. (The) Common S [2.1%]

Jun 29, 2015
German Stock Index [4.03%]
AIA Group Ltd [3.11%]
Gold [2.94%]
GALAXY ENTERTAINMENT [2.33%]
Microsoft Corporation [2.09%]
Citigroup, Inc. Common Stock [1.99%]
Delta Topco Ltd. [1.95%]
Cognizant Technology Solutions [1.93%]
Phillips 66 Common Stock [1.87%]

Mar 30, 2015
Gold [6.71%]
Delta Topco Ltd. [2.63%]
Apple Inc [2.56%]
Phillips 66 Common Stock [1.98%]
Actavis plc Ordinary Shares [1.94%]
Cognizant Technology Solutions [1.91%]
Microsoft Corporation [1.86%]
Citigroup, Inc. Common Stock [1.8%]
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

  

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