| Scorecard |
|---|
|
2 / 5 Stars
|
|
Lipper
2
2
3
1
5
|
|
Zacks Investment Research
4
(Sell)
|
|
Standard & Poor's
3 / 5 Stars
|
|
TheStreet.com
D
(Sell)
|
U.S. News evaluated 290 World Stock Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 42.79 percent over the past year, 9.23 percent over the past three years, 2.65 percent over the past five years, and 7.22 percent over the past decade.
| Trailing Returns | Updated 05.31.2013 |
|---|---|
| Year to date | 16.7% |
| 1 Year | 42.8% |
| 3 Years (Annualized) | 9.2% |
| 5 Years (Annualized) | 2.6% |
| 10 Years (Annualized) | 7.2% |
Summary
The investment seeks to provide capital appreciation. The fund invests primarily in equity securities of issuers located throughout the world, including emerging market countries, which the sub adviser, believes are trading below their estimated "intrinsic value." It typically invests in equity securities, but the adviser looks at all levels of the capital structure to find what it believes is the best value. The fund typically holds a small number of stocks (generally 20 to 50). It may invest up to 20% of its total assets in "distressed debt," which are fixed income non-investment grade securities of distressed issuers.
Fees
Fees are High compared to funds in the same category.
Ivy Cundill Global Value Fund has an expense ratio of 2.81 percent.
Risk
Risk is Average compared to funds in the same category according to Morningstar.
