Mutual Fund Insights: Ivy Energy I Fund (IVEIX)

In-depth Analysis of Ivy Energy I Fund (IVEIX)

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See Ivy Energy I Fund (IVEIX) performance details as of February 28, 2010

  

Last Trade: $11.13 on 3/19/2010, Change: -0.21 (-1.85%)

  

Fund Manager - David P. Ginther

Fund Manager Tenure: 3.8 years
Fundmojo Fund Grade: A (Score: 0.73)     (What does this score mean?)

David P. Ginther is vice president of Ivy Investment Management Company and Waddell & Reed Investment Management Company, vice president of Ivy Funds, Inc., and portfolio manager for other investment companies. David P. Ginther has been an employee of WRIMCO since 1995. David P. Ginther is the Certified Public Accountant designation.  Get more insights on David P. Ginther

  

 What we like about Ivy Energy I Fund (IVEIX)

Data for Ivy Energy I Fund (IVEIX) as of February 28, 2010

• Ivy Energy I Fund (IVEIX) management has been with Ivy Energy I Fund for 3.8 years
• Ivy Energy I Fund (IVEIX) has good mid-term performance (3-year return 3.51% vs 0.19 % Equity Energy category average)
• Ivy Energy I Fund (IVEIX) has a Morningstar rating of 4 and above
• Ivy Energy I Fund (IVEIX) has an annual stock turnover rate of 48.00% vs Equity Energy average of 108.30%. It is good that Ivy Energy I management does not trade extensively for its return.
• Ivy Energy I Fund (IVEIX) is less volatile than its peers as it has a 3-year Standard Deviation of 30.49, lower than category average of 34.04
• Ivy Energy I Fund (IVEIX) has a lower management fee than its Equity Energy average: 1.39% vs 1.68%
• Ivy Energy I Fund (IVEIX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about Ivy Energy I Fund (IVEIX)

Data for Ivy Energy I Fund (IVEIX) as of February 28, 2010

• Ivy Energy I Fund is a focused fund with 34.37% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• Ivy Energy I Fund (IVEIX) has a less-than-ideal short-term performance (1-year return 58.01% vs 58.10 % Equity Energy category average)
• Ivy Energy I Fund (IVEIX) ratio of up-years vs down years can be improved

See Ivy Energy I Fund (IVEIX) performance details as of February 28, 2010

  

  

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Ivy Energy I Fund (IVEIX) Net Asset

Track net asset change of Ivy Energy I fund (IVEIX)

Date	Net Asset
02/2010	$82.89M
01/2010	$810.00K
11/2009	$580.00K

More historic net asset information on Ivy Energy I Fund (IVEIX)

  

Ivy Energy I Fund (IVEIX) Portfolio Allocation

Track portfolio allocation change of Ivy Energy I fund (IVEIX)

Date	Cash	Stock	Bond	Other
09/2009	7.19%	92.8%	0%	0%
06/2009	9.81%	90.18%	0%	0%
03/2009	7.13%	106.83%	0%	0%

Click here to see more historic asset allocation information on Ivy Energy I Fund (IVEIX)

  

Most Recent Top 10 Holdings in Ivy Energy I Fund (IVEIX)

Discover what Ivy Energy I Fund (IVEIX) manager is buying

30-Sep-09 SOUTHWESTERN ENERGY [4.34%] NATL OILWELL VARCO [3.85%] SCHLUMBERGER LTD [3.82%] WEATHERFORD INTL LTD [3.51%] HALLIBURTON CO [3.17%] EXXON MOBIL CP [3.05%] OCCIDENTAL PET [3%] APACHE CP [2.78%] NOBLE ENERGY INC [2.76%] NEWFIELD EXP COM [2.7%]

30-Jun-09 SOUTHWESTERN ENERGY [4.61%] EXXON MOBIL CP [3.63%] SCHLUMBERGER LTD [3.49%] NATL OILWELL VARCO [3.4%] FLUOR CP (NEW) [3%] OCCIDENTAL PET [2.93%] WEATHERFORD INTL LTD [2.83%] APACHE CP [2.54%] HELMERICH PAYNE [2.41%] HALLIBURTON CO [2.4%]

31-Mar-09 EXXON MOBIL CP [4.49%] SOUTHWESTERN ENERGY [4.48%] NATL OILWELL VARCO [3.8%] SCHLUMBERGER LTD [3.33%] OCCIDENTAL PET [3.15%] APACHE CP [2.87%] NOBLE ENERGY INC [2.66%] First Solar, Inc. [2.6%] FLUOR CP (NEW) [2.57%] HALLIBURTON CO [2.28%]

Click here for Stock Holding Change Map in Ivy Energy I Fund (IVEIX)

  

Related books and products to Ivy Energy I Fund (IVEIX)

  

Latest News on Ivy Energy I (IVEIX)

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Books and Resources

 

 

See more information on Ivy Energy I Fund (IVEIX)

• Ivy Energy I Fund Insights
• Ivy Energy I Fund Performance Data
• Ivy Energy I Fund News
• Ivy Energy I Fund Score Explaination
• Ivy Energy I Fund Manager Information
• Historic Ivy Energy I Fund Asset Allocation Report
• Historic Ivy Energy I Fund Top 10 Holding Tracking
• Historic Ivy Energy I Fund Asset Under Management Tracking