Ivy Funds Tops “Best Mutual Fund Families” In Barron’s ...
[Pages:2]News Release
Ivy Funds Tops "Best Mutual Fund Families" In Barron's latest 10-year Ranking
Ivy Funds No. 1 over 10-year period; in top 5 four straight years Top 5 in 5-year ranking for 6 straight years
OVERLAND PARK, KS, February 10, 2014/? Ivy Funds again turned in a strong showing in Barron's latest "Best Mutual Fund Families," ranking No. 1 over the last 10 years, and No. 5 over the last five years. It continues a string of strong performances for Ivy, as the fund family has appeared in the top five of the 10-year ranking since 2010 and in the top five of the 5-year ranking since 2008.
Across a range of market cycles, Ivy Funds has ranked among the top firms over the five- and 10-year periods, as published annually by Barron's. Dating to 2007, Ivy Funds has been in the top 10 for seven straight years.
For the period ended Dec. 31, 2013, Ivy ranked No. 1 out of 48 firms over the 10-year period and No. 5 over the five-year period, out of 55 firms. Ivy Funds narrowly missed the top 10 over the one-year period, ranking No. 11 out of 64 firms.
Barron's also included separate one-year rankings for the five specific asset categories in which funds must have a presence in order to qualify for the overall rankings, listing only the top and bottom five. Ivy Funds ranked No. 4 out of the 64 firms in the Mixed Asset category (equity and fixed-income assets) for the year ended Dec. 31. 2013.
"Regardless of market environment, investors and financial advisors need clarity and consistency in investment performance," said Henry J. Herrmann, Chairman and CEO of Waddell & Reed Financial, Inc., parent company to both fund families. "We're pleased to see that these rankings continue to validate the rigorous investment process and daily research we undertake in an effort to protect and grow client assets."
Consistency over time Despite fluctuating market environments Ivy Funds have demonstrated consistent historical performance across rolling 10-year periods:
Barron's 10-Year Performance Rankings
Year Ended
Ivy Funds
2013
(48 firms)
1
2012
(46 firms)
2
2011
(45 firms)
5
2010
(46 firms)
5
And across rolling 5-year periods in the Barron's rankings:
Barron's 5-Year Performance Rankings
Year Ended
Ivy Funds
2013
(55 firms)
5
2012
(53 firms)
2
2011
(54 firms)
1
2010
(54 firms)
1
2009
(54firms)
2
2008
(53 firms)
3
2007
(61 firms)
7
Ivy Investment Management Company, an affiliate of Waddell & Reed Financial, Inc. (NYSE:WDR), utilizes a rigorous research process that emphasizes longer-term performance with a focus on risk management, according to company executives, with the benefits realized over longer periods.
Barron's rankings (published Feb. 8, 2014) are based on asset-weighted returns in five categories: domestic equity, world equity (including international and global portfolios), mixed asset (stocks and bonds), taxable bonds and tax exempt bonds. Rankings also take into account an individual fund's performance within its Lipper peer group. Sales charges are not included in the calculation of returns, and the ranking period included time periods during which some funds' returns were affected by expense reduction arrangements.
Ivy Funds offers a broad fund lineup covering all major asset categories, including international and domestic equity funds, specialty funds, fixed-income funds and money market funds.
Through its subsidiaries, Waddell & Reed Financial, Inc. provides investment management and financial planning services to clients throughout the U.S. The firm had approximately $127 billion in total assets under management at Dec. 31, 2013. Ivy Investment Management Company serves as investment advisor to the Ivy Funds. Ivy Funds Distributor, Inc. is principal underwriter and distributor to the Ivy Funds.
Investors should consider the investment objectives, risks, charges and expenses of a fund carefully before investing. For a prospectus, or if available, a summary prospectus, containing this and other information for any of the Ivy Funds, call your financial advisor or visit . Please read the prospectus or summary prospectus carefully before investing.
Investment return and principal value will fluctuate, and it is possible to lose money by investing. Past performance is not a guarantee of future results.
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