2 / 5 Stars
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Zacks Investment Research
Standard & Poor's
2 / 5 Stars
#41 in World Allocation
U.S. News evaluated 129 World Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 12.99 percent over the past year, 6.10 percent over the past three years, 11.36 percent over the past five years, and 7.32 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||10.4%|
|3 Years (Annualized)||6.1%|
|5 Years (Annualized)||11.4%|
|10 Years (Annualized)||7.3%|
The investment seeks to provide total return through a combination of current income and capital appreciation. The fund invests principally in equity and debt securities issued by companies and governments of any size, that the manager believes will be able to generate a reasonable level of current income for investors given current market conditions and that demonstrate favorable prospects for total return. It invests primarily in income-producing securities across the globe. The fund ordinarily invests at least 35% of its total assets in equity investments.
Fees are Low compared to funds in the same category.
Ivy Global Income Allocation Fund has an expense ratio of 1.35 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.