Effective Nov. 15, 2021, Delaware Ivy International Core Equity ICEIX will have new managers and a new benchmark. This strategy's overhaul follows a strategic review of legacy Ivy Funds by new parent firm Macquarie Asset Management. Current managers John Maxwell and Catherine Murray will be replaced by two members of the Ivy Global Growth Equity team, Chace Brundige and Aditya Kapoor. The strategy’s benchmark will change to the MSCI ACWI ex-US Index from the MSCI EAFE Index. As a result of these forthcoming changes, the strategy’s Morningstar Analyst Rating has been placed Under Review for all share classes.
Will IVIAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable IVIAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the IVIAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of IVIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.