IVIOX: IVA International A

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IVIOX IVA International A


Profile

IVIOX - Profile

Vitals

  • YTD Return -14.1%
  • 3 Yr Annualized Return -7.8%
  • 5 Yr Annualized Return -4.6%
  • Net Assets $1.53 B
  • Holdings in Top 10 27.1%

52 WEEK LOW AND HIGH

$13.64
$11.29
$16.37

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.23%

SALES FEES

  • Front Load 5.00%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 25.30%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

  • Standard (Taxable) $5,000
  • IRA $1,000

Fund Classification


Distributions

  • YTD Total Return -14.1%
  • 3 Yr Annualized Total Return -4.5%
  • 5 Yr Annualized Total Return -1.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.45%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    IVA International Fund
  • Fund Family Name
    IVA Funds
  • Inception Date
    Oct 01, 2008
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Charles de Vaulx

Fund Description

The fund, under normal market conditions, will invest no less than 30%, although the advisor intends to invest at least 65%, of its total assets in equity and debt securities issued by foreign companies and governments. It may invest in companies based in emerging markets, typically in the Far East, Latin America and Eastern Europe, as well as in companies operating in developed countries, such as those of Australia, Canada, Japan and Western Europe.


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Categories

Performance

IVIOX - Performance

Return Ranking - Trailing

Period IVIOX Return Category Return Low Category Return High Rank in Category (%)
YTD -14.1% -51.4% 823.4% 93.55%
1 Yr -14.0% -49.5% 858.4% 95.50%
3 Yr -7.8%* -20.3% 113.3% 93.64%
5 Yr -4.6%* -13.7% 59.2% 94.61%
10 Yr -0.7%* -5.3% 6.9% 94.38%

* Annualized

Return Ranking - Calendar

Period IVIOX Return Category Return Low Category Return High Rank in Category (%)
2019 10.1% -19.9% 38.8% 96.79%
2018 -19.1% -50.2% 0.0% 56.12%
2017 13.1% -2.4% 38.4% 95.66%
2016 1.2% -23.2% 14.4% 17.45%
2015 -5.1% -47.4% 6.8% 72.25%

Total Return Ranking - Trailing

Period IVIOX Return Category Return Low Category Return High Rank in Category (%)
YTD -14.1% -51.4% 823.4% 93.55%
1 Yr -14.0% -49.5% 858.4% 95.50%
3 Yr -4.5%* -20.3% 113.3% 85.53%
5 Yr -1.0%* -13.7% 59.2% 76.25%
10 Yr 3.5%* -5.3% 7.3% 56.21%

* Annualized

Total Return Ranking - Calendar

Period IVIOX Return Category Return Low Category Return High Rank in Category (%)
2019 10.1% -19.9% 38.8% 96.79%
2018 -13.1% -50.2% 0.0% 11.63%
2017 17.0% -0.1% 38.4% 93.49%
2016 2.5% -10.2% 14.4% 20.36%
2015 1.2% -28.8% 7.7% 15.25%

NAV & Total Return History


Holdings

IVIOX - Holdings

Concentration Analysis

IVIOX Category Low Category High IVIOX % Rank
Net Assets 1.53 B 650 K 399 B 29.81%
Number of Holdings 101 1 9331 56.58%
Net Assets in Top 10 493 M 0 39.6 B 23.07%
Weighting of Top 10 27.14% 4.8% 100.0% 41.90%

Top 10 Holdings

  1. Gold Bullion 3.96%
  2. Astellas Pharma Inc 3.51%
  3. Bayerische Motoren Werke AG 3.06%
  4. Cie Financiere Richemont SA 3.03%
  5. Sodexo 2.55%
  6. Miraca Holdings Inc 2.48%
  7. Bureau Veritas SA 2.39%
  8. Rohto Pharmaceutical Co Ltd 2.15%
  9. Haw Par Corp Ltd 2.13%
  10. Koninklijke Boskalis Westminster NV 1.88%

Asset Allocation

Weighting Return Low Return High IVIOX % Rank
Stocks
70.18% 0.00% 106.66% 99.19%
Cash
24.33% -10.74% 100.00% 0.95%
Other
3.96% -6.16% 23.79% 7.06%
Bonds
1.41% -1.73% 17.33% 2.31%
Convertible Bonds
0.11% 0.00% 1.14% 0.81%
Preferred Stocks
0.00% 0.00% 2.04% 47.08%

Stock Sector Breakdown

Weighting Return Low Return High IVIOX % Rank
Industrials
21.37% 3.48% 34.06% 5.03%
Consumer Cyclical
18.84% 2.62% 25.14% 3.13%
Healthcare
16.96% 0.00% 30.12% 16.58%
Consumer Defense
13.88% 3.05% 30.68% 17.93%
Communication Services
12.24% 0.00% 31.27% 10.60%
Financial Services
7.09% 0.00% 28.75% 95.65%
Basic Materials
6.53% 0.00% 16.57% 57.88%
Technology
1.49% 0.00% 44.94% 98.23%
Energy
0.92% 0.00% 15.90% 86.96%
Real Estate
0.68% 0.00% 11.17% 76.22%
Utilities
0.00% 0.00% 12.82% 90.76%

Stock Geographic Breakdown

Weighting Return Low Return High IVIOX % Rank
Non US
67.83% 0.00% 121.72% 99.19%
US
2.35% -15.06% 19.04% 36.09%

Expenses

IVIOX - Expenses

Operational Fees

IVIOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.23% 0.02% 19.39% 42.64%
Management Fee 0.80% 0.00% 1.35% 77.22%
12b-1 Fee 0.25% 0.00% 1.00% 35.73%
Administrative Fee 0.04% 0.01% 1.00% 3.80%

Sales Fees

IVIOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.00% 2.50% 5.75% 81.91%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

IVIOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 54.17%

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.

IVIOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 25.30% 0.00% 344.00% 33.47%

Distributions

IVIOX - Distributions

Dividend Yield Analysis

IVIOX Category Low Category High IVIOX % Rank
Dividend Yield 0.00% 0.00% 5.90% 43.36%

Dividend Distribution Analysis

IVIOX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

IVIOX Category Low Category High IVIOX % Rank
Net Income Ratio 1.45% -1.71% 11.59% 77.13%

Capital Gain Distribution Analysis

IVIOX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

Dividend Payout History

View More +

Fund Manager Analysis

IVIOX - Fund Manager Analysis

Managers

Charles de Vaulx


Start Date

Tenure

Tenure Rank

Oct 01, 2008

11.75

11.8%

Charles de Vaulx joined the International Value Advisers, LLC in 2008 as a partner and portfolio manager. Mr. de Vaulx also serves as Chief Investment Officer of the International Value Advisers, LLC. Mr. de Vaulx, along with Charles de Lardemelle, is responsible for the day-to-day portfolio management of both Funds. Mr. de Vaulx has managed both Funds since their inception. Until 2007, Mr. de Vaulx was portfolio manager of the First Eagle Global, Overseas, U.S. Value, Gold and Variable Funds, together with a number of separately managed institutional accounts. From 2000 to 2004, he was co-portfolio manager of the First Eagle Funds. Mr. de Vaulx was named associate portfolio manager of the First Eagle Funds in 1996. In 1987, he joined the SoGen Funds, the predecessor to the First Eagle Funds, as a securities analyst. Mr. de Vaulx began his career at Societe Generale Bank as a credit analyst in 1985.

Charles de Lardemelle


Start Date

Tenure

Tenure Rank

Oct 01, 2008

11.75

11.8%

Charles de Lardemelle joined the International Value Advisers, LLC in 2007 as a partner and portfolio manager. Mr. de Lardemelle, along with Charles de Vaulx, is responsible for the day-to-day portfolio management of both Funds. Mr. de Lardemelle is a founding partner of the International Value Advisers, LLC and has managed both Funds since their inception. Until 2007, Mr. de Lardemelle was a Senior Vice President of Arnhold and S. Bleichroeder Advisers LLC (“ASB”) and the Associate Portfolio Manager for the First Eagle Global, Overseas and Value Funds, as well as a variety of separate accounts and offshore accounts, including SoFire Fund Ltd. From 2005 to 2007, Mr. de Lardemelle was Director of Research at ASB, prior to which he served as a securities analyst for the First Eagle Funds and its predecessors, the SoGen Funds.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.11 28.43 5.55 1.17