Ivy Asset Strategy Fund

Scorecard
4 / 5 Stars
Lipper
4 5 1 4 5
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
TheStreet.com
D (Sell)

Fund Holdings

According to Value Line, this actively-managed fund typically holds 70 percent in stocks, 25 percent in bonds, and 5 percent in money market securities. However, Morningstar notes that the fund has a very flexible mandate and "can go from 0 percent to 100 percent of assets in several classes." According to Ivy Asset Strategy's prospectus, "Generally, in determining whether to sell a security, [management] considers many factors, including a deterioration in a company's fundamentals caused by global-specific factors such as geo-political changes, regulatory or currency changes, or increased competition, as well as company-specific factors, such as reduced pricing power, diminished market opportunity, or increased competition."

Asset Allocation

% Long % Short % Net
Cash 21.26 12.29 8.97
Stocks 32.31 0.0 32.31
Bonds 3.15 0.0 3.15
Other 12.35 0.11 12.24
Foreign Bonds 2.6 0.0 2.6
Foreign Stocks 40.72 0.0 40.72
Convertible 0.0 0.0 0.0
Preferred 0.0 0.0 0.0

Updated 03.31.2014

Top 10 Holdings

Performance as of 06.30.2014

Portfolio as of 03.31.2014

Ticker YTD Return % % Net Assets
GOLD BULLION --- --- 6.61
Galaxy Entertainment Group Ltd GXYEF -10.21 5.62
Sands China Ltd SCHYF -4.2 4.19
Wynn Resorts Ltd WYNN 9.49 3.47
AIA Group Ltd AAIGF 1.53 2.48
Delta Equity 1 --- --- 2.35
Ivy Asf Iii (Sbp), Llc --- --- 2.31
CBS Corp Class B CBS -0.91 1.87
Delta Pik Bond 2 --- --- 1.7
Nielsen Holdings NV NLSN 8.13 1.59

Bond Ratings (%)

Updated 03.31.2014

Sector WASYX
AAA 0.18
AA 0.0
A 0.0
BBB 0.0
BB 0.0
B 71.66
Below B 0.0
Other 28.16

See Also:

Top Ivy Funds Funds