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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: $32.28 on 7/22/2014, Change: +0.14 (0.44%)

 

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

Fund Manager Information

Fund Manager Tenure: 17.6 years
Fund Family: Ivy Funds
Fund Category: World Allocation
Fund Performance: Jun 29, 2014
Fundmojo Fund Grade: C (Score: 0.55)     (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 Jun 29, 2014

  • Ivy Asset Strategy I Fund (IVAEX) management has been with Ivy Asset Strategy I Fund for 17.6 years
  • Ivy Asset Strategy I Fund (IVAEX) has good short-term performance (1-year return 19.81% vs 16.25% World Allocation category median performance)
  • Ivy Asset Strategy I Fund (IVAEX) has good mid-term performance (3-year return 8.67% vs 7.43% World Allocation category median performance)
  • Ivy Asset Strategy I Fund (IVAEX) has good Long-term performance (5-year return 12.01% vs 11.45% 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 a lower expense ratio than its World Allocation average: 0.73% 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 Jun 29, 2014

  • 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) has an annual stock turnover rate of 65.00% that is higher than the World Allocation average of 57.11%. This could mean Ivy Asset Strategy I is more nimble, but also signal potential high tax impact and high trading fees
  • Ivy Asset Strategy I Fund (IVAEX) is more volatile than its peers as it has a 3-year Standard Deviation of 17.09 that is higher than category average of 10.56
See Ivy Asset Strategy I Fund (IVAEX) performance details as of Jun 29, 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-0.4019.818.6712.01
American Funds Capital Inc Bldr R6 (RIRGX)7.1417.3410.5712.69Compare
DFA Global Allocation 60/40 R2 (DFPRX)5.1516.448.6211.99Compare
American Funds Capital Inc Bldr 529A (CIRAX)6.9216.8910.1212.25Compare

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)2.59%5.37%0.04%

 

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
06/2014$35.50B
03/2014$36.15B
02/2014$34.27B
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
03/201418.92%64.98%4.86%10.99%
12/201323.85%63.87%4.18%7.83%
09/201317.71%61.97%4.93%15.09%
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, 2014
GOLD BULLION [6.61%]
Galaxy Entertainment Group Ltd [5.62%]
SANDS CHINA [4.19%]
Wynn Resorts Ltd [3.47%]
AIA GROUP LTD [2.48%]
Delta Equity 1 [2.35%]
Ivy Asf Iii (Sbp), Llc [2.31%]
CBS Corporation Class B Common [1.87%]
Delta Pik Bond 2 [1.7%]
Nielsen N.V. Common Stock [1.59%]

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%]
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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