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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: $21.62 on 7/26/2016, Change: +0.02 (0.09%)

 

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

Fund Manager Information

Fund Manager Tenure: 2.0 years
Fund Family: Ivy Funds
Fund Category: World Allocation
Fund Performance: May 30, 2016
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 May 30, 2016

  • Ivy Asset Strategy I Fund (IVAEX) has an annual stock turnover rate of 68.00% vs World Allocation average of 877.79%. 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 1.07%
  • 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 May 30, 2016

  • Ivy Asset Strategy I Fund (IVAEX) management has been with Ivy Asset Strategy I Fund for only 2.0 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 -14.86% vs -4.40% World Allocation category median performance)
  • Ivy Asset Strategy I Fund (IVAEX) has a less-than-ideal mid-term performance (3-year return -0.93% vs 2.81% World Allocation category median performance)
  • Ivy Asset Strategy I Fund (IVAEX) has a less-than-ideal Long-term performance (5-year return 1.41% vs 3.40% 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 -6.42 is worse than category average of -3.05, and its 3-year Sharpe ratio is -0.04
  • Ivy Asset Strategy I Fund (IVAEX) is more volatile than its peers as it has a 3-year Standard Deviation of 10.68 that is higher than category average of 8.6
  • 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 May 30, 2016

 

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-3.97-14.86-0.931.41
AllianzGI Global Allocation D (AGADX)0.03-1.664.974.93Compare
American Funds Capital Income Bldr R6 (RIRGX)5.20-0.755.706.38Compare
Columbia Global Opportunities A (IMRFX)3.43-0.933.304.60Compare

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)0.72%-3.36%-1.46%

 

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
05/2016$9.34B
03/2016$11.81B
02/2016$14.06B
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
03/201620.4%47.27%25.67%6.67%
12/201513.36%64.75%11.58%10.31%
09/201514.09%69.89%11.5%4.51%
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

Mar 30, 2016
Delta Topco Ltd. [7.06%]
Gold [6.31%]
US Treasury Note 2% [3.55%]
US Treasury Note 2.25% [2.42%]
US Treasury Bond 2.875% [2.36%]
Coca-Cola Company (The) Common [1.79%]
Microsoft Corporation [1.79%]
US Treasury Note 1.625% [1.74%]
The Kraft Heinz Company [1.61%]
Chipotle Mexican Grill, Inc. Co [1.55%]

Dec 30, 2015
Delta Topco Ltd. [4.37%]
Gold [3.45%]
US Treasury Note 2% [2.95%]
AIA GROUP LTD [2.31%]
Microsoft Corporation [2.25%]
Home Depot, Inc. (The) Common S [2.2%]
Citigroup, Inc. Common Stock [2.14%]
Allergan plc Ordinary Shares [2.13%]
Coca-Cola Company (The) Common [2.07%]
The Kraft Heinz Company [1.86%]

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%]
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

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