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Mutual Fund Insights: Waddell & Reed InvestEd Cnsrv A Fund (WICAX)

In-depth Analysis of Waddell & Reed InvestEd Cnsrv A Fund (WICAX)

Mutual fund chart: Waddell & Reed InvestEd Cnsrv A Fund (WICAX)

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See Waddell & Reed InvestEd Cnsrv A Fund (WICAX) performance details as of February 28, 2010

  

    Last Trade: $11.33 on 3/19/2010, Change: -0.05 (-0.44%)
Experiment our closing price forecasting tool for Waddell & Reed InvestEd Cnsrv A Fund (WICAX) (alpha release)

  

Fund Manager - Michael L. Avery

Fund Manager Tenure: 8.5 years
Fundmojo Fund Grade: C (Score: 0.56)     (What does this score mean?)
Michael L. Avery -- Michael L. Avery is senior vice president of WRIMCO and IICO, vice president of the fund. Michael L. Avery has served as CIO of Waddell & Reed Financial, Inc., WRIMCO and IICO since June 2005. Michael L. Avery has served as portfolio manager for investment companies managed by WRIMCO since February 1994. Michael L. Avery held the position of Director of Equity Research for WRIMCO and its predecessor from August 1987 through June 2005. Michael L. Avery has served as a Director of the Corporation since April 2007.  Get more insights on Michael L. Avery

  

What we like about Waddell & Reed InvestEd Cnsrv A Fund (WICAX) What we like about Waddell & Reed InvestEd Cnsrv A Fund (WICAX)

Data for Waddell & Reed InvestEd Cnsrv A Fund (WICAX) as of February 28, 2010

  • Waddell & Reed InvestEd Cnsrv A Fund (WICAX) management has been with Waddell & Reed InvestEd Cnsrv A Fund for 8.5 years
  • Waddell & Reed InvestEd Cnsrv A Fund (WICAX) has good short-term performance (1-year return 5.64% vs 30.03 % Conservative Allocation category average)
  • Waddell & Reed InvestEd Cnsrv A Fund (WICAX) has good mid-term performance (3-year return 4.30% vs 0.52 % Conservative Allocation category average)
  • Waddell & Reed InvestEd Cnsrv A Fund (WICAX) has good Long-term performance (5-year return 4.48% vs 2.86 % Conservative Allocation category average)
  • Waddell & Reed InvestEd Cnsrv A Fund (WICAX) ratio of up-years vs down years is greater than 2
  • Waddell & Reed InvestEd Cnsrv A Fund (WICAX) has a Morningstar rating of 4 and above
  • Waddell & Reed InvestEd Cnsrv A Fund (WICAX) has an annual stock turnover rate of 47.00% vs Conservative Allocation average of 126.79%. It is good that Waddell & Reed InvestEd Cnsrv A management does not trade extensively for its return.
  • Waddell & Reed InvestEd Cnsrv A Fund (WICAX) is less volatile than its peers as it has a 3-year Standard Deviation of 2.45, lower than category average of 10.73

  

What we are cautious about Waddell & Reed InvestEd Cnsrv A Fund (WICAX) What we are cautious about Waddell & Reed InvestEd Cnsrv A Fund (WICAX)

Data for Waddell & Reed InvestEd Cnsrv A Fund (WICAX) as of February 28, 2010

  • Waddell & Reed InvestEd Cnsrv A Fund (WICAX) is less safe compared to its Conservative Allocation peers
  • Waddell & Reed InvestEd Cnsrv A Fund (WICAX) has a higher management fee of 0.94% than its Conservative Allocation average of 0.85%
  • Waddell & Reed InvestEd Cnsrv A Fund (WICAX) carries a 4.25% load
See Waddell & Reed InvestEd Cnsrv A Fund (WICAX) performance details as of February 28, 2010

  

  

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Waddell & Reed InvestEd Cnsrv A Fund (WICAX) Net Asset

Track net asset change of Waddell & Reed InvestEd Cnsrv A fund (WICAX)

DateNet Asset
02/2010$57.20M
01/2010$57.20M
11/2009$57.96M
More historic net asset information on Waddell & Reed InvestEd Cnsrv A Fund (WICAX)

  

Waddell & Reed InvestEd Cnsrv A Fund (WICAX) Portfolio Allocation

Track portfolio allocation change of Waddell & Reed InvestEd Cnsrv A fund (WICAX)

DateCashStockBondOther
09/200911.66%41.23%47.1%0%
06/2009100%0%0%0%
03/2009100%0%0%0%
Click here to see more historic asset allocation information on Waddell & Reed InvestEd Cnsrv A Fund (WICAX)

  

Most Recent Top 10 Holdings in Waddell & Reed InvestEd Cnsrv A Fund (WICAX)

Discover what Waddell & Reed InvestEd Cnsrv A Fund (WICAX) manager is buying

30-Sep-09
Waddell & Reed Core Investment Y [41.57%]
Waddell & Reed Government Secs Y [38.71%]
Waddell & Reed Bond Y [9.8%]
Waddell & Reed Cash Management A [9.57%]
N/A [0%]
N/A [0%]
N/A [0%]
N/A [0%]
N/A [0%]
N/A [0%]

30-Jun-09
Waddell & Reed Cash Management A [99.55%]
US Treasury Note 6.375% [0.94%]
N/A [0%]
N/A [0%]
N/A [0%]
N/A [0%]
N/A [0%]
N/A [0%]
N/A [0%]
N/A [0%]

31-Mar-09
Waddell & Reed Cash Management A [99.5%]
US Treasury Note 6.375% [0.94%]
N/A [0%]
N/A [0%]
N/A [0%]
N/A [0%]
N/A [0%]
N/A [0%]
N/A [0%]
N/A [0%]
Click here for Stock Holding Change Map in Waddell & Reed InvestEd Cnsrv A Fund (WICAX)

  

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