Ivy Asset Strategy E
- IASEX
- Price as of: Feb 25, 2021
-
$24.71
N/A N/A
- Primary Theme
- International Allocation
- Fund Company
- Ivy Funds
- Share Class
IASEX - Snapshot
Vitals
- YTD Return 1.1%
- 3 Yr Annualized Return 6.5%
- 5 Yr Annualized Return 8.2%
- Net Assets $2.62 B
- Holdings in Top 10 23.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.25%
SALES FEES
- Front Load 2.50%
- Deferred Load N/A
BROKERAGE FEES
- Turnover 44.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $250
- IRA N/A
Fund Classification
-
Primary Theme
International Allocation
- Fund Type Open End Mutual Fund
- Investment Style World Allocation
IASEX - Profile
Distributions
- YTD Total Return 1.1%
- 3 Yr Annualized Total Return 5.6%
- 5 Yr Annualized Total Return 7.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.17%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameIvy Asset Strategy Fund
-
Fund Family NameIvy Funds
-
Inception DateApr 02, 2007
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerChace Brundige
Fund Description
The fund seeks to achieve its objective by allocating its assets among different asset classes of varying correlation around the globe. It may invest in U.S. and foreign securities. The fund generally will invest at least 30% of its assets, and may invest up to 75%, in foreign securities and in securities denominated in currencies other than the U.S. dollar, including issuers located in and/or generating revenue from emerging markets.
IASEX - Performance
Return Ranking - Trailing
Period | IASEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.1% | -4.8% | 9.7% | 71.26% |
1 Yr | 11.3% | -24.5% | 33.3% | 32.37% |
3 Yr | 6.5%* | -26.7% | 10.5% | 9.76% |
5 Yr | 8.2%* | 3.1% | 14.0% | 38.90% |
10 Yr | 5.6%* | -2.4% | 10.7% | 62.50% |
* Annualized
Return Ranking - Calendar
Period | IASEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 10.2% | -21.0% | 24.5% | 16.45% |
2019 | 15.0% | -46.3% | 27.8% | 21.51% |
2018 | -20.7% | -41.9% | -2.0% | 95.90% |
2017 | 14.9% | -100.0% | 20.6% | 10.88% |
2016 | -5.4% | -17.0% | 210.7% | 96.06% |
Total Return Ranking - Trailing
Period | IASEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.1% | -4.8% | 9.7% | 71.26% |
1 Yr | 8.5% | -24.5% | 33.3% | 40.00% |
3 Yr | 5.6%* | -26.7% | 10.5% | 20.62% |
5 Yr | 7.7%* | 2.7% | 14.0% | 44.63% |
10 Yr | 5.3%* | -2.4% | 10.7% | 66.03% |
* Annualized
Total Return Ranking - Calendar
Period | IASEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 10.2% | -21.0% | 24.5% | 16.45% |
2019 | 15.0% | -46.3% | 27.8% | 21.73% |
2018 | -5.2% | -41.9% | -2.0% | 3.13% |
2017 | 18.5% | -100.0% | 23.1% | 7.69% |
2016 | -5.4% | -9.5% | 233.7% | 97.75% |
NAV & Total Return History
IASEX - Holdings
Concentration Analysis
IASEX | Category Low | Category High | IASEX % Rank | |
---|---|---|---|---|
Net Assets | 2.62 B | 14 K | 103 B | 18.04% |
Number of Holdings | 198 | 1 | 2896 | 56.74% |
Net Assets in Top 10 | 631 M | -8.87 M | 18.8 B | 26.36% |
Weighting of Top 10 | 23.34% | 9.0% | 100.0% | 64.32% |
Top 10 Holdings
- Gold 6.95%
- Gold 6.95%
- Gold 6.95%
- Gold 6.95%
- Gold 6.95%
- Gold 6.95%
- Gold 6.95%
- Gold 6.95%
- Gold 6.95%
- Gold 6.95%
Asset Allocation
Weighting | Return Low | Return High | IASEX % Rank | |
---|---|---|---|---|
Stocks | 66.24% | -1.02% | 98.42% | 34.61% |
Bonds | 22.49% | -23.71% | 109.96% | 60.56% |
Other | 6.14% | -1.15% | 254.68% | 13.88% |
Convertible Bonds | 4.73% | 0.00% | 30.59% | 5.03% |
Cash | 0.41% | -154.68% | 100.00% | 87.73% |
Preferred Stocks | 0.00% | 0.00% | 37.65% | 89.13% |
Stock Sector Breakdown
Weighting | Return Low | Return High | IASEX % Rank | |
---|---|---|---|---|
Technology | 26.04% | 0.00% | 51.18% | 3.07% |
Industrials | 16.85% | 0.12% | 32.59% | 6.76% |
Financial Services | 15.90% | 0.00% | 26.46% | 25.41% |
Healthcare | 12.34% | 0.00% | 36.59% | 40.57% |
Consumer Cyclical | 9.01% | 0.00% | 32.01% | 59.63% |
Consumer Defense | 8.29% | 0.00% | 30.60% | 30.74% |
Energy | 3.88% | 0.00% | 39.11% | 50.41% |
Communication Services | 3.14% | 0.00% | 33.69% | 83.40% |
Real Estate | 1.71% | 0.00% | 87.22% | 84.02% |
Utilities | 1.58% | 0.00% | 37.32% | 86.07% |
Basic Materials | 1.26% | 0.00% | 25.65% | 96.31% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | IASEX % Rank | |
---|---|---|---|---|
US | 35.29% | -11.94% | 88.84% | 33.00% |
Non US | 30.95% | -0.02% | 58.68% | 46.68% |
Bond Sector Breakdown
Weighting | Return Low | Return High | IASEX % Rank | |
---|---|---|---|---|
Corporate | 77.35% | 0.00% | 99.05% | 10.26% |
Government | 12.99% | 0.00% | 93.57% | 68.61% |
Securitized | 8.19% | 0.00% | 64.92% | 35.01% |
Cash & Equivalents | 1.47% | 0.93% | 100.00% | 98.79% |
Derivative | 0.00% | 0.00% | 41.75% | 84.51% |
Municipal | 0.00% | 0.00% | 4.46% | 80.89% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | IASEX % Rank | |
---|---|---|---|---|
US | 13.86% | -10.74% | 94.72% | 60.36% |
Non US | 8.63% | -28.46% | 55.12% | 39.44% |
IASEX - Expenses
Operational Fees
IASEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.25% | 0.01% | 23.75% | 42.86% |
Management Fee | 0.65% | 0.00% | 1.90% | 43.43% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 46.45% |
Administrative Fee | N/A | 0.01% | 0.70% | 4.08% |
Sales Fees
IASEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 2.50% | 2.25% | 5.75% | 98.72% |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
IASEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
IASEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 44.00% | 0.00% | 464.61% | 24.90% |
IASEX - Distributions
Dividend Yield Analysis
IASEX | Category Low | Category High | IASEX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 6.31% | 71.97% |
Dividend Distribution Analysis
IASEX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Annually |
Net Income Ratio Analysis
IASEX | Category Low | Category High | IASEX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.17% | -2.28% | 7.22% | 33.88% |
Capital Gain Distribution Analysis
IASEX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Mar 14, 2019 | $0.055 |
Sep 13, 2018 | $0.111 |
Jun 14, 2018 | $0.107 |
Dec 12, 2013 | $0.142 |
Dec 13, 2012 | $0.661 |
Dec 08, 2011 | $0.279 |
Dec 09, 2010 | $0.049 |
Dec 10, 2009 | $0.100 |
Jun 14, 2007 | $0.110 |
IASEX - Fund Manager Analysis
Managers
Chace Brundige
Start Date
Tenure
Tenure Rank
Aug 04, 2014
6.5
6.5%
Mr. Brundige joined Ivy Investment Management Company as an assistant portfolio manager for the Large Cap Growth equity team, and became a portfolio manager in Feb. 2006. He is Senior Vice President of IICO, Vice President of the Trust, and Vice President of and portfolio manager for other investment companies for which IICO serves as investment manager. Mr. Brundige holds a BS degree in Finance from Kansas State University, and has earned an MBA with an emphasis in Finance and Accounting from the University of Chicago Graduate School of Business. Mr. Brundige is a Chartered Financial Analyst.
W. Surles
Start Date
Tenure
Tenure Rank
Feb 06, 2018
2.99
3.0%
Jeff Surles is a Vice President of Ivy Investment Management Company, a subsidiary of Waddell & Reed Financial, Inc. Mr. Surles graduated from Vanderbilt University in 2000 with a BS in organizational development. He earned an MBA with emphasis in finance from the University of Wisconsin in 2007. While attending the University of Wisconsin he was actively involved in the Applied Security Analysis Program and completed an internship at Provident Trust Company. Prior to joining Waddell & Reed, Mr. Surles was employed by Surles Development Corp. as a portfolio manager from 2003 to 2005, and an investment analyst from 2001 to 2003. In the fall of 2000, he was a sales analyst for Enterprise Development Services, Inc. Mr. Surles joined Waddell & Reed in June 2007 as a fixed income investment analyst. He was appointed assistant vice president in January 2012. Mr. Surles was named co-portfolio manager of the Ivy Global Income Allocation Fund (formerly Ivy International Balanced Fund) in June 2012. Mr. Surles was appointed vice president and assumed sole management responsibilities for the Ivy Global Income Allocation Fund in 2014. Mr. Surles is a CFA charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.02 | 29.1 | 6.29 | 8.09 |