Ivy Science & Technology A (WSTAX) Fund Ranking and Research

Ranking, Research and Recommendation of Ivy Science & Technology A (WSTAX) Fund

Last Trade: $41.75 on 5/17/2013, Change: +0.29 (0.7%)

 

Fund Manager - Zachary Shafran

Fund Manager Information

Fund Manager Tenure: 12.3 years
Similar Funds: WSTBX  WSTCX  WSTRX  WSTYX 
Fund Family: Ivy Funds
Fund Category: Technology
Fund Performance: Feb 27, 2013
Fundmojo Fund Grade: A+ (Score: 0.83)     (What does this score mean?)
Shafran is senior vice president of IICO and WRIMCO, vice president of Ivy Funds, Inc. and vice president of other investment companies for which WRIMCO serves as investment manager. Shafran has served as a portfolio manager for investment companies managed by WRIMCO since January 1996. He served as an investment analyst with WRIMCO and its predecessor from June 1990 to January 1996.  Get more insights on Zachary Shafran

 

Ivy Science & Technology A Fund (WSTAX) Profile

Fund Profile and Description

Ivy Science & Technology A Fund seeks long-term capital growth. Ivy Science & Technology A Fund invests normally at least 80% of net assets in securities of science or technology companies or companies benefited by the application of scientific or technological discoveries. It may also invest in companies that utilize science and/or technology to improve their existing business even though the business is not within the science and technology industries. Ivy Science & Technology A Fund may invest in companies of any size, and may invest without limitation in foreign securities.

 

 What we like about Ivy Science & Technology A (WSTAX) Fund

Data for Ivy Science & Technology A Fund (WSTAX) as of Feb 27, 2013

• Ivy Science & Technology A Fund (WSTAX) management has been with Ivy Science & Technology A Fund for 12.3 years
• Ivy Science & Technology A Fund (WSTAX) has good short-term performance (1-year return 16.59% vs 2.13% Technology category median performance)
• Ivy Science & Technology A Fund (WSTAX) has good mid-term performance (3-year return 14.69% vs 11.69% Technology category median performance)
• Ivy Science & Technology A Fund (WSTAX) has good Long-term performance (5-year return 9.87% vs 6.67% Technology category median performance)
• Ivy Science & Technology A Fund (WSTAX) ratio of up-years vs down years is greater than 2
• Ivy Science & Technology A Fund (WSTAX) has a Morningstar rating of 4 and above
• Ivy Science & Technology A Fund (WSTAX) has an annual stock turnover rate of 51.00% vs Technology average of 108.54%. It is good that Ivy Science & Technology A management does not trade extensively for its return.
• Ivy Science & Technology A Fund (WSTAX) is less volatile than its peers as it has a 3-year Standard Deviation of 17.28, lower than category average of 19.75
• Ivy Science & Technology A Fund (WSTAX) has a lower expense ratio than its Technology average: 1.39% vs 1.60%

 What we are cautious about Ivy Science & Technology A (WSTAX) Fund

Data for Ivy Science & Technology A Fund (WSTAX) as of Feb 27, 2013

• Ivy Science & Technology A Fund (WSTAX) carries a 5.75% load
• As a Technology focused fund, Ivy Science & Technology A Fund (WSTAX) is less diversified and has inherited sector risks associated with the fund

See Ivy Science & Technology A Fund (WSTAX) performance details as of Feb 27, 2013

 

Compare with other top Technology category mutual funds

Aadditional top Technology mutual funds for your consideration

Fund	Year to Date	1 Year	3 year	5 year
Ivy Science & Technology A	7.40	16.59	14.69	9.87
HighMark NYSE ArcaTech 100 Indx Fid (PTSFX)	5.70	9.93	16.26	10.19	Compare
Berkshire Focus (BFOCX)	2.99	4.18	20.50	13.24	Compare
Fidelity Select IT Services (FBSOX)	9.33	17.22	18.32	13.88	Compare

See top fund managers for Technology Category Funds

 

Compare with Technology category ETFs

Some Technology ETFs for your consideration

ETF	Year to Date	One Year	Three Year
SPDR S&P International Technology Sector (IPK)	1.77%	9.50%	5.75%
Focus Morningstar Technology In (FTQ)	11.99%	8.29%	0
iShares MSCI ACWI ex US Info Tech Index (AXIT)	5.35%	8.11%	0
PowerShares S&P SmallCap Info Tech (PSCT)	7.50%	7.95%	0
PowerShares Dynamic Technology (PTF)	8.17%	7.04%	9.06%

 

Ivy Science & Technology A (WSTAX) Fund Net Asset

Track net asset change of Ivy Science & Technology A fund (WSTAX)

Date	Net Asset
02/2013	$1.84B
01/2013	$1.57B
12/2012	$1.57B

More historic net asset information on Ivy Science & Technology A Fund (WSTAX)

  

Ivy Science & Technology A (WSTAX) Fund Portfolio Allocation

Track portfolio allocation change of Ivy Science & Technology A fund (WSTAX)

Date	Cash	Stock	Bond	Other
12/2012	0.89%	89.49%	2.12%	6.8%
09/2012	0.45%	91.62%	1.13%	6.56%
06/2012	4.65%	91.81%	0.46%	2.76%

Click here to see more historic asset allocation information on Ivy Science & Technology A Fund (WSTAX)

 

Top 10 Holdings in Ivy Science & Technology A (WSTAX) Fund

Discover what Ivy Science & Technology A Fund (WSTAX) manager is buying

Dec 30, 2012 Aspen Technology, Inc. [7.69%] Alliance Data Systems Corporati [5.86%] Apple Inc. [5.73%] Samsung Electronics Co Ltd [5.02%] ACI Worldwide, Inc. [4.61%] Cree, Inc. [4.48%] Micron Technology, Inc. [4.04%] Tenet Healthcare Corporation Co [3.63%] Google Inc. [3.48%] UnitedHealth Group Incorporated [3.35%]

Sep 29, 2012 Aspen Technology, Inc. [8.55%] Apple Inc. [7.64%] Alliance Data Systems Corporati [7.23%] Samsung Electronics Co Ltd [4.97%] ACI Worldwide, Inc. [4.61%] Google Inc. [3.78%] Micron Technology, Inc. [3.74%] Cree, Inc. [3.38%] Tenet Healthcare Corporation Co [3.31%] Vertex Pharmaceuticals Incorpor [3.23%]

Jun 30, 2012 Aspen Technology, Inc. [8.56%] Alliance Data Systems Corporati [7.57%] Apple Inc. [7.36%] ACI Worldwide, Inc. [5.71%] Samsung Electronics Co Ltd [4.78%] Micron Technology, Inc. [3.87%] Cree, Inc. [3.55%] Vertex Pharmaceuticals Incorpor [3.47%] Google Inc. [3.2%] ESCO Technologies Inc. Common S [2.92%]

Click here for Stock Holding Change Map in Ivy Science & Technology A Fund (WSTAX)

  

Latest News on Ivy Science & Technology A (WSTAX) Fund

See what is happening with Ivy Science & Technology A Fund (WSTAX)

[video] 3 Under-the-Radar Tech Stocks: Pro

 

See more information on Ivy Science & Technology A (WSTAX) Fund

Popular pages on Ivy Science & Technology A (WSTAX) Fund

• Ivy Science & Technology A (WSTAX) Fund Research and Recommendation
• Ivy Science & Technology A (WSTAX) Fund Performance Data
• Ivy Science & Technology A (WSTAX) Fund Manager Information
• Historic Ivy Science & Technology A (WSTAX) Fund Asset Allocation Report
• Historic Ivy Science & Technology A (WSTAX) Fund Top 10 Holding Tracking
• Historic Ivy Science & Technology A (WSTAX) Fund Asset Under Management Tracking