Fund Information
Inception Date | October 1, 2008 |
---|---|
Total Net Assets (millions) | $862.6 |
Availability | Open |
Style | Long Only, Foreign Value |
Approach | Bottom-up, Fundamental |
Capitalization | All capitalizations |
Average # of Holdings | Typically 100 - 150 Positions |
Asset Classes | Typically equities |
Classes
Class | Ticker | CUSIP |
---|---|---|
A | IVIOX | 45070A305 |
C | IVICX | 45070A602 |
I | IVIQX | 45070A404 |
Top 10 Positions as of 01/31/2021
Position | Percentage |
---|---|
1 Compagnie Financiere Richemont SA | 5.1% |
2 Astellas Pharma, Inc. | 5.0% |
3 Bayerische Motoren Werke AG | 4.8% |
4 Newmont Corporation | 4.5% |
5 Danone SA | 4.2% |
6 UBS Group AG | 3.5% |
7 Publicis Groupe SA | 2.4% |
8 Bureau Veritas SA | 2.4% |
9 Bayer AG | 2.3% |
10 Heineken NV | 2.2% |
Total | 36.4% |
Top 10 Positions represent 36.4% of total net assets.
Portfolio is actively managed and holdings are subject to change.
This is not a recommendation to buy or sell any of the securities shown.
Portfolio Overview as of 12/31/2020
Number of Holdings | 58 |
---|---|
Median Market Cap (millions) | $4,767 |
Weighted Average Market Cap (millions) | $36,449 |
Turnover 1 | 27.7% |
Active Share 2 | 96.4% |
Upside Capture (since inception) 3 | 59.5% |
Downside Capture (since inception) 4 | 47.9% |
Asset Allocation as of 12/31/2020
Equity | 57.6% | |
Gold and Gold Related | 4.9% | |
Cash and Cash Equivalents 1 | 37.5% | |
Total | 100.0% |
Sector Allocation as of 12/31/2020
Communication Services | 5.6% | |
Consumer Discretionary | 14.0% | |
Consumer Staples | 11.7% | |
Financials | 7.2% | |
Gold and Gold Related | 4.9% | |
Health Care | 8.8% | |
Holding Company | 1.0% | |
Industrials | 7.2% | |
Materials | 2.1% | |
Real Estate | 0.0% | |
Cash and Cash Equivalents 1 | 37.5% | |
Total | 100.0% |
Regional Allocation as of 12/31/2020
Percentage | 32.6% | 10.2% | 8.4% | 5.2% | 1.2% | 4.9% | 37.5% |
---|---|---|---|---|---|---|---|
Region | Europe Ex-UK | Asia Ex-Japan | Japan | Other Countries | United Kingdom | Gold and Gold Related | Cash and Cash Equivalents 1 |
Average Annual Total Returns | ||||||||
---|---|---|---|---|---|---|---|---|
Class | 3 Months | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception* |
|
A (NAV) | 10.51% | -4.25% | -4.25% | -1.69% | 2.64% | 3.83% | 6.14% | |
A (with load) | 5.01% | -9.07% | -9.07% | -3.36% | 1.60% | 3.30% | 5.70% | |
C | 10.28% | -4.94% | -4.94% | -2.43% | 1.88% | 3.06% | 5.34% | |
I | 10.61% | -4.01% | -4.01% | -1.42% | 2.92% | 4.09% | 6.41% | |
MSCI All Country World Index (ex-U.S.) (Net) | 17.01% | 10.65% | 10.65% | 4.88% | 8.93% | 4.92% | 5.70% |
Past performance does not guarantee future results. All returns are expressed in U.S. dollars. The performance data quoted represents past performance and current returns may be lower or higher. Returns are shown net of fees and expenses and assume reinvestment of dividends and other income. The investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month-end, please call (866) 941-4482.
The fund recently experienced significant negative short-term performance due to market volatility associated with the COVID-19 pandemic.
Maximum sales charge for the A shares is 5.00%. C shares include a 1% CDSC Fee for the first year only. The expense ratios for the fund are as follows: 1.17% (A Shares); 1.92% (C Shares); 0.92% (I Shares). Amounts redeemed within 30 days of purchase are subject to a 2.00% fee.
MSCI All Country World Index (ex-U.S.) (Net) is an unmanaged index consisting of 49 country indices comprised of 22 developed and 27 emerging market country indices and is calculated with dividends reinvested after deduction of withholding tax. The Index is a trademark of MSCI Inc. and is not available for direct investment.
Average Annual Total Returns | |||||||||
---|---|---|---|---|---|---|---|---|---|
Class | 1 Month | 3 Months | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception* |
|
A (NAV) | 0.99% | 4.31% | 1.05% | 6.48% | -1.25% | 3.48% | 3.68% | 6.15% | |
A (with load) | -4.07% | -0.87% | -4.01% | 1.15% | -2.93% | 2.42% | 3.15% | 5.71% | |
C | 0.95% | 4.04% | 0.88% | 5.66% | -2.01% | 2.70% | 2.91% | 5.34% | |
I | 1.05% | 4.36% | 1.05% | 6.74% | -1.00% | 3.74% | 3.95% | 6.41% | |
MSCI All Country World Index (ex-U.S.) (Net) | 1.98% | 7.73% | 2.20% | 26.18% | 5.45% | 11.22% | 4.77% | 5.82% |
Past performance does not guarantee future results. All returns are expressed in U.S. dollars. The performance data quoted represents past performance and current returns may be lower or higher. Returns are shown net of fees and expenses and assume reinvestment of dividends and other income. The investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month-end, please call (866) 941-4482.
The fund recently experienced significant negative short-term performance due to market volatility associated with the COVID-19 pandemic.
Maximum sales charge for the A shares is 5.00%. C shares include a 1% CDSC Fee for the first year only. The expense ratios for the fund are as follows: 1.17% (A Shares); 1.92% (C Shares); 0.92% (I Shares). Amounts redeemed within 30 days of purchase are subject to a 2.00% fee.
MSCI All Country World Index (ex-U.S.) (Net) is an unmanaged index consisting of 49 country indices comprised of 22 developed and 27 emerging market country indices and is calculated with dividends reinvested after deduction of withholding tax. The Index is a trademark of MSCI Inc. and is not available for direct investment.
Class | NAV | $ Change | % Change | MTD | YTD |
---|---|---|---|---|---|
A (NAV) | $15.51 | $0.06 | 0.39% | 1.11% | 2.17% |
A (with load) | $15.51 | $0.06 | -4.61% | -3.96% | -2.94% |
C | $15.11 | $0.06 | 0.40% | 1.14% | 2.03% |
I | $15.53 | $0.06 | 0.39% | 1.11% | 2.17% |
Past performance does not guarantee future results. All returns are expressed in U.S. dollars. The performance data quoted represents past performance and current returns may be lower or higher. Returns are shown net of fees and expenses and assume reinvestment of dividends and other income. The investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month-end, please call (866) 941-4482.
The fund recently experienced significant negative short-term performance due to market volatility associated with the COVID-19 pandemic.
Maximum sales charge for the A shares is 5.00%. C shares include a 1% CDSC Fee for the first year only. The expense ratios for the fund are as follows: 1.17% (A Shares); 1.92% (C Shares); 0.92% (I Shares). Amounts redeemed within 30 days of purchase are subject to a 2.00% fee.
Risk vs. Return Since Inception as of 12/31/2020
Annualized Return | Annualized Standard Deviation5 | |
---|---|---|
IVIOX | 6.14% | 10.65% |
MSCI All Country World Index (ex-U.S.) | 5.70% | 18.10% |
Fund Information
Commentary & Insight
Class A | 1.17% |
---|---|
Class C | 1.92% |
Class I | 0.92% |
By Telephone:
- (877) 874-2999 (Mutual Fund Sales Desk)
- (866) 941-4482 (Investor Services)
By Mail:
Click here to download an application from our website and mail to:
Regular Mail:
IVA Funds
PO Box 219061
Kansas City, MO 64121-9061
Express, Certified or Registered Mail:
IVA Funds
430 w 7th Street STE 219061
Kansas City, MO 64105-1407
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