Mutual Fund Insights: Ivy International Growth B Fund (IVIBX)

In-depth Analysis of Ivy International Growth B Fund (IVIBX)

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See Ivy International Growth B Fund (IVIBX) performance details as of February 28, 2010

  

Last Trade: $25.81 on 3/19/2010, Change: -0.07 (-0.27%)

  

Fund Manager - Chace Brundige

Fund Manager Tenure: 1.2 years   [Similar Funds: IVINX  IVIYX ]
Fundmojo Fund Grade: N/A (Score: *manager is new*)     (What does this score mean?)

Chace Brundige joined WRIMCO in 1996 as an equity investment analyst. In 1999 Chace Brundige left to join TCW/WestBridge Ventures LLC as a vice president and limited partner. From 2001 through August 2003, Mr. Chace Brundige was employed by Citadel Investment Group. In 2003, Chace Brundige rejoined WRIMCO as an assistant portfolio manager for the Large Cap Growth equity team. Chace Brundige is Vice President of WRIMCO and IICO, and Vice President of the Fund. Chace Brundige holds the Chartered Financial Analyst designation.  Get more insights on Chace Brundige

  

 What we like about Ivy International Growth B Fund (IVIBX)

Data for Ivy International Growth B Fund (IVIBX) as of February 28, 2010

• Ivy International Growth B Fund (IVIBX) has good mid-term performance (3-year return -7.21% vs -6.27 % Foreign Large Growth category average)
• Ivy International Growth B Fund (IVIBX) ratio of up-years vs down years is greater than 2
• Ivy International Growth B Fund (IVIBX) has an annual stock turnover rate of 93.00% vs Foreign Large Growth average of 94.92%. It is good that Ivy International Growth B management does not trade extensively for its return.
• Ivy International Growth B Fund (IVIBX) is less volatile than its peers as it has a 3-year Standard Deviation of 22.87, lower than category average of 25.74

  

 What we are cautious about Ivy International Growth B Fund (IVIBX)

Data for Ivy International Growth B Fund (IVIBX) as of February 28, 2010

• Ivy International Growth B Fund (IVIBX) management has been with Ivy International Growth B Fund for only 1.2 years, it is hard to judge manager's ability based on this fund's operation record
• Ivy International Growth B Fund (IVIBX) has a less-than-ideal short-term performance (1-year return 42.32% vs 57.08 % Foreign Large Growth category average)
• Ivy International Growth B Fund (IVIBX) has a less-than-ideal Long-term performance (5-year return 2.41% vs 3.05 % Foreign Large Growth category average)
• Ivy International Growth B Fund (IVIBX) has a Morningstar rating of 3 and below
• Ivy International Growth B Fund (IVIBX) does not have a good risk adjusted return as its 3-year Alpha of 0.16 is worse than category average of 2.7, and its 3-year Sharpe ratio is -0.29
• Ivy International Growth B Fund (IVIBX) has a higher management fee of 2.62% than its Foreign Large Growth average of 1.53%
• Ivy International Growth B Fund (IVIBX) carries a 5% load

See Ivy International Growth B Fund (IVIBX) performance details as of February 28, 2010

  

  

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Ivy International Growth B Fund (IVIBX) Net Asset

Track net asset change of Ivy International Growth B fund (IVIBX)

Date	Net Asset
02/2010	$181.64M
01/2010	$4.15M
11/2009	$4.41M

More historic net asset information on Ivy International Growth B Fund (IVIBX)

  

Ivy International Growth B Fund (IVIBX) Portfolio Allocation

Track portfolio allocation change of Ivy International Growth B fund (IVIBX)

Date	Cash	Stock	Bond	Other
09/2009	3.79%	94.77%	0%	1.44%
06/2009	4.18%	95.81%	0%	0%
03/2009	0%	0%	0%	0%

Click here to see more historic asset allocation information on Ivy International Growth B Fund (IVIBX)

  

Most Recent Top 10 Holdings in Ivy International Growth B Fund (IVIBX)

Discover what Ivy International Growth B Fund (IVIBX) manager is buying

30-Sep-09 NESTLE N ORD [3.4%] DOLLAR GENERAL CORP [3.38%] BRITISH AMERICAN TOBACCO PLC [3.08%] Roche Holding AG [2.52%] BARCLAYS PLC [2.51%] Reckitt Benck Grp [2.48%] Vodafone Group PLC [2.35%] MS DW BIOTECH BOXES [2.29%] PRUDENTIAL FINCL INC [2.06%] ENERSIS S A [2.04%]

30-Jun-09 NESTLE N ORD [3.56%] TOTAL SA [3.36%] BRITISH AMERICAN TOBACCO PLC [3.2%] VINCI SA [2.92%] Roche Holding AG [2.51%] Vodafone Group PLC [2.4%] Reckitt Benck Grp [2.36%] Tencent Holdings Ltd. [2.22%] Industrial And Commercial Bank Of China Limited [2.18%] SYNGENTA N ORD [2.12%]

31-Mar-09 Roche Holding AG [4.28%] NESTLE N ORD [3.74%] TOTAL SA [3.59%] BRITISH AMERICAN TOBACCO PLC [3.11%] VINCI SA [2.83%] Nintendo [2.68%] Vodafone Group PLC [2.57%] Zurich Financial Services [2.41%] Reckitt Benck Grp [2.26%] E.ON AG [2.26%]

Click here for Stock Holding Change Map in Ivy International Growth B Fund (IVIBX)

  

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See more information on Ivy International Growth B Fund (IVIBX)

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