Fund Detail

InvestEd Aggressive Portfolio

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$10.00 NAV as of 9/22/2017
$0.00 / 0.00% Daily NAV Change
YTD (NAV) as of 9/22/2017 i

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Fund Summary

To seek to provide growth of capital.
The Portfolio is intended for aggressive investors comfortable with incurring the risk associated with growth investing and investing in a high percentage of stocks, including foreign stocks, investors with long-term time horizons or investors who seek to maximize long-term returns and who have a higher tolerance for possible short-term losses. The Portfolio is also designed for investors who plan to maintain their investments, and who do not expect to incur expenses related to higher education, for at least 15 years.
Portfolio Management
  • Cynthia P. Prince-Fox

    • — Ivy Investment Management Company
    • — <1 Years with Fund
    • — 34 Years in Industry
  • Chace Brundige, CFA

    • — Ivy Investment Management Company
    • — <1 Years with Fund
    • — 24 Years in Industry
  • Aaron D. Young

    • — Ivy Investment Management Company
    • — <1 Years with Fund
    • — 12 Years in Industry
Documents
Fact Sheet
Prospectus
Summary Prospectus
Statement of Additional Information
Annual Report
Semi-Annual Report
Quarterly Commentary
XBRL
Daily Prices as of 9/22/2017
Net Asset Value (NAV) $10.00  
Daily NAV Change $0.00 0.00%
Weekly NAV Change $0.00 0.00%
Public Offering Price (POP) $10.26
Fund Facts
Ticker Symbol WAGPX
CUSIP 46132D402
Fund Code 804
Fund Type InvestEd
Fund Inception 9/18/2017
Class Inception 9/18/2017
Fiscal Year End December
Dividends Paid December
Fund Assets
-
BenchmarkBBgBarc US Universal TR USD
BenchmarkMSCI ACWI Ex USA NR USD
Benchmark10% BBgBarc US Universal TR USD, 29% MSCI ACWI Ex USA NR USD, 61% Russell 3000 TR USD
BenchmarkRussell 3000 TR USD

Fund Performance

Data quoted is past performance and current performance may be lower or higher. Past performance is no guarantee of future results. Investment return and principal value of an investment will fluctuate, and shares, when redeemed, may be worth more or less than their original cost.

Performance at net asset value (NAV) does not include the effect of sales charges; if it had, performance shown would have been lower. Performance including sales charges, reflects the maximum applicable front-end sales load. A $20 account maintenance fee is not included in the calculations.

Monthly Rates of Return Average Annual Total Returns as of 8/31/2017

(Returns for periods of less than 1-yr are not annualized)
YTD 1YR 3YR 5YR 10YR LIFE
Fund at NAV N/A N/A N/A N/A N/A N/A
Fund with 2.50% sales charge N/A N/A N/A N/A N/A N/A

Quarterly Rates of Return Average Annual Total Returns as of 6/30/2017

(Returns for periods of less than 1-yr are not annualized)
YTD 1YR 3YR 5YR 10YR LIFE
Fund at NAV N/A N/A N/A N/A N/A N/A
Fund with 2.50% sales charge N/A N/A N/A N/A N/A N/A

Expense Ratios as of 9/18/2017

Net 1.02%
Gross 1.02%

Fund Distributions

Historical Prices Inception 9/18/2017

Date Price Dividend Reinvest Date Capital Gain Reinvest Date

Fund Documents

Portfolio Allocation Ranges (as of the most recent prospectus)
Low High
Ivy Proshares MSCI ACWI Index 0.0 % 30.0 %
Ivy Global Growth 0.0 % 30.0 %
Ivy International Core Equity 0.0 % 30.0 %
Waddell & Reed Advisors Government Securities 1 0.0 % 25.0 %
Waddell & Reed Advisors Bond 1 0.0 % 25.0 %
Ivy ProShares S&P 500 Dividend Aristocrats Index 0.0 % 25.0 %
Ivy ProShares S&P 500 Bond Index 0.0 % 25.0 %
Ivy Large Cap Growth 0.0 % 25.0 %
Ivy Dividend Opportunities 0.0 % 25.0 %
Ivy Core Equity 0.0 % 25.0 %
Ivy Value 0.0 % 25.0 %
Ivy Advantus Bond 0.0 % 25.0 %
Ivy LaSalle Global Real Estate 0.0 % 15.0 %
Ivy Emerging Markets Equity 0.0 % 15.0 %
Ivy Limited-Term Bond 0.0 % 10.0 %
Ivy Small Cap Growth 0.0 % 10.0 %
Ivy Small Cap Core 0.0 % 10.0 %
Ivy Apollo Strategic Income 0.0 % 10.0 %
Ivy Mid Cap Growth 0.0 % 10.0 %
Ivy ProShares Interest Rate Hedged High Yield Index 0.0 % 10.0 %
Ivy Global Bond 0.0 % 10.0 %
Ivy Government Money Market 0.0 % 10.0 %
Ivy ProShares Russell 2000 Dividend Growers Index 0.0 % 10.0 %
Ivy Mid Cap Income Opportunities 0.0 % 10.0 %
Ivy High Income 0.0 % 10.0 %

Fund Documents

Documents

Fact Sheet
Prospectus
Summary Prospectus
Statement of Additional Information
Annual Report
Semi-Annual Report
Quarterly Commentary
XBRL

Additional Fund Literature

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Data quoted is past performance and current performance may be lower or higher. Past performance is no guarantee of future results. Investment return and principal value of an investment will fluctuate, and shares, when redeemed, may be worth more or less than their original cost.

Past performance is not a guarantee of future results. Investments into a 529 plan, including the Ivy InvestEdSM 529 Plan, are not guaranteed, and all investments involve a certain degree of risk. The value of your Ivy InvestEdSM 529 Plan account will depend upon the performance of the Portfolios in which your account is invested and the Portfolio’s share price will likely change based on the performance of the underlying funds in which it invests.

The equity funds in which the Portfolio invests are subject to market risks, and certain types of stocks, such as stocks of small-capitalization companies and foreign companies may be subject to greater price volatility. Foreign 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 in which the Portfolio may invest are subject to interest rate risk and, as such, the net asset value of the Portfolio may fall as interest rates rise. Investing in below investment grade 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 Portfolio's prospectus.

You could lose money by investing in the Ivy Government Money Market Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.

Before investing, investors should consider the investment objectives, risks, charges and expenses associated with the Ivy InvestEdSM Plan carefully before investing. This and other information is found in the InvestEdSM Portfolios prospectus, and the Ivy Funds prospectus, the Ivy InvestEdSM 529 Plan Program Overview, and the InvestEdSM 529 Plan Account Application. Please encourage your clients to read the prospectus carefully before investing. An investor should also consider, before investing whether the investor's or designated beneficiary's home state offers any state tax or other benefits that are only available for investments in such state's 529 college savings plan.

Non-residents or tax-payers of states other than Arizona should consider participating in the 529 plan(s) available in their state of residence as such plan(s) may offer more favorable state income tax or other benefits than those offered under the Ivy InvestEdSM 529 Plan. Please consult your tax advisor regarding your personal tax situation.

The Ivy InvestEdSM 529 Plan and shares of InvestEdSM Portfolios are offered by Waddell & Reed, Inc. as part of the Arizona Family College Savings Program Trust Fund, a 529 plan administered by the Arizona Commission for Postsecondary Education (the “Program”). Waddell & Reed, Inc. is one of multiple financial Institutions eligible to offer Investments under the Program. Accounts a not insured by the State of Arizona, the Trust, the Arizona Commission for Postsecondary Education, or any other governmental entity, Waddell & Reed, Inc., Ivy Distributors, Inc., or any affiliated or related party, and neither the principal deposited nor the Investment return is guaranteed by any of the referenced parties.

The Bloomberg Barclays U.S. Universal Index represents the union of the U.S. Aggregate Index, the U.S. High-Yield Corporate Index, the 144A Index, the Eurodollar Index, the Emerging Markets Index, and the non-ERISA portion of the CMBS Index. Municipal debt, private placements, and non-dollar-denominated issues are excluded from the Universal Index. The only constituent of the index that includes floating-rate debt is the Emerging Markets Index. Source: Bloomberg Barclays

The MSCI ACWI ex USA Index captures large and mid-cap representation across 22 of 23 Developed Markets (DM) countries (excluding the U.S.) and 24 Emerging Markets (EM) countries. The index covers approximately 85% of the global equity opportunity set outside the U.S. It is not possible to invest directly in an index.

The MSCI information may only be used for your internal use, may not be reproduced or repurposed in any form and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an “as is” basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the “MSCI Parties”) expressly disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non-infringement, salability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages. (www.msci.com) Source: MSCI.

The Russell 3000® Index measures the performance of the largest 3000 U.S. companies representing approximately 98% of the investable U.S. equity market. The Russell 3000® Index is constructed to provide a comprehensive, unbiased, and stable barometer of the broad market and is completely reconstituted annually to ensure new and growing equities are reflected. Source: FTSE Russell

1Waddell & Reed Financial, Inc., parent firm to Waddell & Reed, Inc. and Ivy Distributors, Inc., announced that it intends to seek board approval to merge the funds in its WADDELL & REED ADVISORS FUNDSSM (WRA Funds) family into funds with substantially similar objectives and strategies in the affiliated IVY FUNDS® mutual funds family (Ivy Funds). The first phase will involve nine funds, including Waddell & Reed Advisors Bond Fund and Waddell & Reed Advisors Government Securities Fund, that are targeted to merge in early October. funds with substantially similar objectives and strategies in the affiliated IVY FUNDS® mutual funds family (Ivy Funds). The first phase will involve nine funds, including Waddell & Reed Advisors Bond Fund and Waddell & Reed Advisors Government Securities Fund, that are targeted to merge in early October.

Pricing: All prices and year-to-date returns are based on closing quotes unless noted, as supplied to the NASDAQ by 6:00 p.m. Eastern time. YTD Prices can be updated 3 to 4 hours after the Daily Pricing information which can result in mismatching data.

Style Analysis: The Morningstar Style Box reveals a fund's investment style. For equity funds the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend, or growth). For fixed-income funds, the vertical axis shows the credit quality of the bonds owned and the horizontal axis shows interest rate sensitivity as measured by a bond's effective duration. Morningstar seeks credit rating information from fund companies on a periodic basis (e.g., quarterly). In compiling credit rating information, Morningstar instructs fund companies to only use ratings that have been assigned by the following Nationally Recognized Statistical Rating Organizations (NRSROs): Moody's, Standard & Poor's, Fitch, and Egan-Jones. If two NRSROs have rated a security, fund companies are to report the lowest rating; if three or more NRSROs have rated the same security differently, fund companies are to report the rating that is in the middle. For example, if NRSRO X rates a security AA-, NRSRO Y rates the same security an A and NRSRO Z rates it a BBB+, the fund company should use the credit rating of 'A' in its reporting to Morningstar. PLEASE NOTE: Morningstar, Inc. is not itself an NRSRO nor does it issue a credit rating on the fund. An NRSRO rating on a fixed-income security can change from time-to-time. For credit quality, Morningstar combines the credit rating information provided by the fund companies with an average default rate calculation to come up with a weighted-average credit quality. The weighted-average credit quality is currently a letter that roughly corresponds to the scale used by a leading NRSRO. Bond funds are assigned a style box placement of "low", "medium", or "high" based on their average credit quality. Funds with a low credit quality are those whose weighted-average credit quality is determined to be less than "BBB-"; medium are those less than "AA-", but greater or equal to "BBB-"; and high are those with a weighted-average credit quality of "AA-" or higher. When classifying a bond portfolio, Morningstar first maps the NRSRO credit ratings of the underlying holdings to their respective default rates (as determined by Morningstar's analysis of actual historical default rates). Morningstar then averages these default rates to determine the average default rate for the entire bond fund. Finally, Morningstar maps this average default rate to its corresponding credit rating along a convex curve. For interest-rate sensitivity, Morningstar obtains from fund companies the average effective duration. Generally, Morningstar classifies a fixed-income fund's interest-rate sensitivity based on the effective duration of the Morningstar Core Bond Index (MCBI), which is currently three years. The classification of Limited will be assigned to those funds whose average effective duration is between 25% to 75% of MCBI's average effective duration; funds whose average effective duration is between 75% to 125% of the MCBI will be classified as Moderate; and those that are at 125% or greater of the average effective duration of the MCBI will be classified as Extensive. For municipal bond funds, Morningstar also obtains from fund companies the average effective duration. In these cases static breakpoints are utilized. These breakpoints are as follows: (i) Limited: 4.5 years or less; (ii) Moderate: more than 4.5 years but less than 7 years; and (iii) Extensive: more than 7 years. In addition, for non-US taxable and non-US domiciled fixed income funds static duration breakpoints are used: (i) Limited: less than or equal to 3.5 years; (ii) Moderate: greater than 3.5 and less than equal to 6 years; (iii) Extensive: greater than 6 years.

When a fund's share class has less than a year of performance to report, the returns shown are cumulative.

Information is subject to change and is not intended to represent any past or future investment recommendations.