Leverage plays a key role in driving performance across the mid-cap growth universe
What are the implications and potential opportunities for Ivy Mid Cap Growth Fund now that interest rates are rising?
Many advisors – and investors – have found benefits in using both active and passive investment styles in building a portfolio. When selecting mutual funds, it often is not an “either/or” choice – it’s a combination.
Ivy now offers new choices for you and your clients with the Ivy ProShares funds. Each tracks the performance of an index, as listed in the prospectus. ProShare Advisors LLC (ProShares) – a leading provider of index-based mutual funds and ETFs – is sub-adviser for the funds.
|Ivy ProShares S&P 500 Dividend Aristocrats Index Fund||Focuses on S&P 500 large-cap companies with the longest track records of year-over-year dividend growth|
|Ivy ProShares Russell 2000 Dividend Growers Index Fund||Focuses on Russell 2000 small cap companies with the longest track records of year-over-year dividend growth|
|Ivy ProShares MSCI ACWI Index Fund||Provides broad equities market exposure across 23 developed markets and 23 emerging markets|
|Ivy ProShares Interest Rate Hedged High Yield Index Fund||Provides exposure to high yield bonds while attempting to mitigate rising interest rate risk by hedging U.S. Treasury futures.|
|Ivy ProShares S&P 500 Bond Index Fund||Focuses on investment grade corporate bonds issued by S&P 500 Index-listed companies.
FOR INVESTMENT PROFESSIONAL USE ONLY. NOT FOR USE WITH THE GENERAL PUBLIC.
Risk factors: The value of the Funds’ shares will change, and you could lose money on your investment. While the Funds attempt to track the performance of their stated indexes, there is no guarantee or assurance that the methodology used to create the index will result in the Funds achieving high, or even positive, returns. The Index may underperform, and the Funds could lose value, while other indexes or measures of market performance increase in value. Funds that have an emphasis on dividend-paying stocks involve the risk that such stocks may fall out of favor with investors and underperform non-dividend paying stocks and the market as a whole over any period of time. In addition, there is no guarantee that the companies in which the Funds invest will declare dividends in the future or that dividends, if declared, will remain at current levels or increase over time. The amount of any dividends the companies may pay may fluctuate significantly. In addition, the value of dividend-paying common stocks can decline when interest rates rise as fixed-income investments become more attractive to investors. This risk may be greater due to the current period of historically low interest rates. International investing involves additional risks, including currency fluctuations, political or economic conditions affecting the foreign country, and differences in accounting standards and foreign regulations. These risks are magnified in emerging markets. Fixed-income securities are subject to interest-rate risk and, as such, the net asset value of the Fund may fall as interest rates rise. Investing in high-income securities may carry a greater risk of nonpayment of interest or principal than higher-rated bonds. These and other risks are more fully described in the Funds’ prospectus. Not all funds or fund classes may be offered at all broker/ dealers.
The Funds are managed by Ivy Investment Management Company and sub-advised by ProShare Advisors LLC.
ProShares® is a registered mark of ProShare Advisors LLC and has been licensed by Ivy Investment Management Company and Ivy Distributors, Inc. solely for use in connection with the Ivy ProShares funds.