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| Value | Blend | Growth | |
|---|---|---|---|
| Large | |||
| Medium | |||
| Small |
| LTD | MOD | EXT | |
|---|---|---|---|
| High | |||
| Medium | |||
| Low |
Nathan Palmer, CFA
Anthony Wicklund, CAIA , CFA
Chace Brundige, CFA
W. Jeffery Surles, CFA
Assumes an investment over 10 years or life of the share class, reinvestment of dividends and capital gains, and does not include the effect of sales charges or taxes. If it had, performance shown would have been lower.
| Fact Sheet | DOWNLOAD |
| Prospectus | DOWNLOAD |
| Summary Prospectus | DOWNLOAD |
| Statement of Additional Information | DOWNLOAD |
| Annual Report | DOWNLOAD |
| Semi-Annual Report | DOWNLOAD |
| Quarterly Commentary | DOWNLOAD |
| XBRL | — |
| Q1 Holdings | DOWNLOAD |
| Q3 Holdings | DOWNLOAD |
| Net Asset Value (NAV) | $8.86 | |
| Daily NAV Change | $0.03 | 0.34% |
| Weekly NAV Change | $0.06 | 0.68% |
| Public Offering Price (POP) | $8.86 | — |
| Ticker Symbol | IWGCX |
| CUSIP | 46600G762 |
| Fund Code | 383 |
| Fund Type | Specialty Funds |
| Fund Inception | 3/9/1995 |
| Class Inception | 10/5/1999 |
| Fiscal Year End | June |
| Dividends Paid | March, June, September, December |
| Fund Assets (as of 3/31/2021) |
$1.1 bil |
| Portfolio Turnover Rate (as of 6/30/2020) |
33% |
| Morningstar Category | World Allocation |
| Benchmark | 65% MSCI ACWI / 35% Bloomberg Barclays Multiverse USD Hedged |
| Benchmark | Bloomberg Barclays Multiverse Bond USD Hedged |
| Benchmark | MSCI ACWI Index |
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 NAV does not include the effect of sales charges, if it had, performance shown would be lower. For Class C shares, a 1% CDSC applies to the lesser of amount invested or redemption value of shares redeemed within twelve months after the purchase date.
| YTD | 1YR | 3YR | 5YR | 10YR | LIFE | |
|---|---|---|---|---|---|---|
| Fund at NAV | 3.34% | 37.94% | 7.05% | 7.15% | 4.24% | 8.19% |
| Fund with maximum 1.00% CDSC | 2.34% | 37.94% | 7.05% | 7.15% | 4.24% | 8.19% |
| 65% MSCI ACWI / 35% Bloomberg Barclays Multiverse USD Hedged | 2.11% | 34.32% | 9.70% | 9.98% | 7.58% | - |
| Bloomberg Barclays Multiverse Bond USD Hedged | -2.38% | 2.35% | 4.39% | 3.52% | 4.07% | - |
| MSCI ACWI Index | 4.57% | 54.60% | 12.07% | 13.21% | 9.15% | - |
| Morningstar World Allocation | 3.64% | 33.64% | 6.43% | 7.60% | 5.55% | - |
| YTD | 1YR | 3YR | 5YR | 10YR | LIFE | |
|---|---|---|---|---|---|---|
| Fund at NAV | 3.34% | 37.94% | 7.05% | 7.15% | 4.24% | 8.19% |
| Fund with maximum 1.00% CDSC | 2.34% | 37.94% | 7.05% | 7.15% | 4.24% | 8.19% |
| 65% MSCI ACWI / 35% Bloomberg Barclays Multiverse USD Hedged | 2.11% | 34.32% | 9.70% | 9.98% | 7.58% | - |
| Bloomberg Barclays Multiverse Bond USD Hedged | -2.38% | 2.35% | 4.39% | 3.52% | 4.07% | - |
| MSCI ACWI Index | 4.57% | 54.60% | 12.07% | 13.21% | 9.15% | - |
| Morningstar World Allocation | 3.64% | 33.64% | 6.43% | 7.60% | 5.55% | - |
| 2016 | 2017 | 2018 | 2019 | 2020 | 2011 | 2012 | 2013 | 2014 | 2015 | 2009 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Class C | -3.45 | 14.94 | -8.28 | 17.29 | 9.93 | -8.99 | 17.98 | 24.25 | -6.01 | -9.06 | 23.94 | 7.94 |
| 65% MSCI ACWI / 35% Bloomberg Barclays Multiverse USD Hedged | 6.84 | 16.39 | -5.49 | 20.19 | 13.43 | -2.72 | 12.79 | 14.45 | 5.33 | -1.03 | - | 10.43 |
| Bloomberg Barclays Multiverse Bond USD Hedged | 4.52 | 3.40 | 1.58 | 8.47 | 5.63 | 5.34 | 6.18 | 0.14 | 7.30 | 0.91 | - | 4.95 |
| MSCI ACWI Index | 7.86 | 23.97 | -9.41 | 26.60 | 16.25 | -7.35 | 16.13 | 22.80 | 4.16 | -2.36 | - | 12.67 |
as
of 3/31/2021Category: World Allocation
| Overall out of 400 | |
| 3 Year out of 400 | |
| 5 Year out of 351 | |
| 10 Year out of 224 |
Ratings are based on risk-adjusted returns.
through 3/31/2021
Category: World Allocation
| Rank | Percentile | |
|---|---|---|
| 1 Year | 149 /461 | 32 |
| 3 Year | 178 /400 | 42 |
| 5 Year | 215 /351 | 64 |
| 10 Year | 192 /224 | 86 |
Morningstar Ranking / # of Funds in Category displays the fund's actual rank within its Morningstar Category based on average annual total return and number of Funds in that Category. The Morningstar Percentile Ranking compares a Fund's Morningstar risk and return scores with all the Funds in the same Category, where 1% = Best and 100% = Worst.
| Net | 1.96% |
| Gross | 1.98% |
| Fund | 10.86 |
| MSCI ACWI Index | 14.48 |
| Bloomberg Barclays Multiverse Bond USD Hedged | 2.86 |
| 65% MSCI ACWI / 35% Bloomberg Barclays Multiverse USD Hedged | 9.55 |
| Alpha | -3.59 |
| Beta | 1.12 |
| R-Squared | 96.79 |
| Sharpe Ratio | 0.55 |
| Capture Ratio |
Upside: 94.07% Downside: 121.25% |
*Modern Portfolio Theory
Assumes an investment over 10 years or life of the share class, reinvestment of dividends and capital gains, and does not include the effect of sales charges or taxes.
| Date | Price | Dividend Reinvest Date | Capital Gain Reinvest Date |
|---|
| Ex-date | Income | Capital Gains | Reinvest Gains | Payment Date |
|---|
*Special Dividend
The table includes the daily prices at NAV (net asset value) for the history of this
fund's selected share class. NAV is the amount per share you would receive if you
sold shares that day.
| NAV | 1.02% |
| With Sales Charge | 1.02% |
| Diversified Banks | 3.3% |
| Interactive Media & Services | 3.2% |
| Pharmaceuticals | 3.0% |
| Internet & Direct Marketing Retail | 3.0% |
| Technology Hardware, Storage & Peripherals | 3.0% |
| Semiconductors | 3.0% |
| Data Processing & Outsourced Services | 2.6% |
| Health Care Equipment | 2.2% |
| Automobile Manufacturers | 2.2% |
| Application Software | 2.0% |
| United States | 67.8% |
| China | 3.3% |
| United Kingdom | 1.9% |
| Germany | 1.8% |
| Norway | 1.5% |
| Canada | 1.5% |
| Mexico | 1.3% |
| Indonesia | 1.3% |
| Italy | 1.3% |
| Brazil | 1.1% |
| South Africa | 1.1% |
| Japan | 1.1% |
| Luxembourg | 1.0% |
| Peru | 0.9% |
| Australia | 0.9% |
| Netherlands | 0.8% |
| Columbia | 0.7% |
| Chile | 0.7% |
| France | 0.7% |
| Russia | 0.6% |
| Thailand | 0.5% |
| Malaysia | 0.4% |
| Spain | 0.4% |
| Egypt | 0.4% |
| United Arab Emirates | 0.4% |
| Romania | 0.4% |
| British Virgin Islands | 0.4% |
| Bermuda | 0.3% |
| Czech Republic | 0.3% |
| Austria | 0.3% |
| Hong Kong | 0.3% |
| Switzerland | 0.3% |
| Hungary | 0.3% |
| Ireland | 0.3% |
| Qatar | 0.2% |
| South Korea | 0.2% |
| India | 0.2% |
| Cayman Islands | 0.2% |
| Panama | 0.2% |
| Turkey | 0.2% |
| Saudi Arabia | 0.2% |
| Argentina | 0.2% |
| Sweden | 0.2% |
| Bahamas | 0.2% |
| Israel | 0.2% |
| Poland | 0.1% |
| Uzbekistan | 0.1% |
| Isle of Man | 0.1% |
| Venezuela | 0.1% |
| Uruguay | 0.1% |
| Macau | 0.1% |
| Nigeria | 0.1% |
| Vietnam | 0.1% |
| Mauritius | 0.1% |
| Serbia | 0.1% |
| Ghana | 0.1% |
| Ukraine | 0.1% |
| Morocco | 0.1% |
| Ivory Coast | 0.1% |
| Supranational | 0.1% |
| Dominican Republic | 0.1% |
| Denmark | 0.1% |
| Bulgaria | 0.1% |
| Angola | 0.0% |
| Costa Rica | 0.0% |
| Sri Lanka | 0.0% |
| Croatia | 0.0% |
| Oman | 0.0% |
| Belgium | 0.0% |
| Europe | 0.0% |
| Colombia | 0.0% |
| Tunisia | 0.0% |
| Information Technology | 16.19% |
| Financials | 14.16% |
| Consumer Discretionary | 13.77% |
| Industrials | 12.88% |
| Health Care | 10.57% |
| Consumer Staples | 7.81% |
| Communication Services | 7.81% |
| Materials | 6.83% |
| Energy | 4.11% |
| Real Estate | 3.55% |
| Utilities | 2.32% |
| Government Bonds | 25.40% |
| NonRated | 1.20% |
| AAA | 6.60% |
| AA | 4.10% |
| A | 13.20% |
| BBB | 28.30% |
| BB | 12.90% |
| B | 7.00% |
| CCC | 1.30% |
| Below CCC | 0.00% |
Quality: Our preference is to always use ratings obtained from Standard & Poor's, Moody’s, and Fitch. It is each Portfolio’s general policy to classify such security at the lower rating level if only two ratings are available. If more than two ratings are available and a median exists, the median is used. If more than two ratings exist without a median, the lower of the two middle ratings is used. We do not evaluate these ratings, but simply assign them to the appropriate credit quality category as determined by the rating agency.
| Domestic Common Stock | 33.89% |
| Foreign Common Stock | 31.58% |
| Corporate Bonds | 15.43% |
| Government Bonds | 8.01% |
| Other Government Securities | 4.58% |
| Cash and Cash Equivalents | 3.21% |
| Mortgage-Backed Securities | 1.75% |
| Asset-Backed Securities | 1.30% |
| Revenue Bonds | 0.15% |
| Preferred Stock | 0.06% |
| Other Financial Instruments | 0.03% |
| General Obligation Bonds | 0.01% |
| United States | 51.8% |
| United Kingdom | 7.2% |
| Japan | 5.6% |
| China | 5.1% |
| Germany | 4.4% |
| France | 4.4% |
| South Korea | 3.2% |
| Taiwan | 2.1% |
| Netherlands | 1.9% |
| India | 1.6% |
| Australia | 1.5% |
| Brazil | 1.4% |
| Switzerland | 1.4% |
| Canada | 1.2% |
| Hong Kong | 1.0% |
| Russia | 0.7% |
| South Africa | 0.7% |
| Ireland | 0.6% |
| Denmark | 0.6% |
| Singapore | 0.5% |
| Sweden | 0.5% |
| Bermuda | 0.4% |
| Norway | 0.4% |
| Italy | 0.3% |
| Spain | 0.3% |
| Vietnam | 0.2% |
| Finland | 0.2% |
| Luxembourg | 0.2% |
| Panama | 0.2% |
| Cayman Islands | 0.1% |
| Belgium | 0.1% |
| Isle of Man | 0.1% |
| Israel | 0.0% |
| Malta | 0.0% |
| Jersey | 0.0% |
| Ivy International Core Equity | 13.4 % |
| Ivy Value | 10.9 % |
| Ivy Securian Core Bond | 10.0 % |
| Ivy Emerging Markets Equity | 8.9 % |
| Ivy Large Cap Growth | 8.0 % |
| Ivy ProShares S&P 500 Dividend Aristocrats Index | 6.3 % |
| Ivy Pictet Targeted Return Bond | 5.3 % |
| Ivy Global Bond | 4.8 % |
| Ivy Pzena International Value | 4.8 % |
| Ivy Core Equity | 4.6 % |
| Ivy Government Securities | 4.3 % |
| Ivy International Small Cap | 3.1 % |
| Ivy PineBridge High Yield | 3.0 % |
| Ivy Corporate Bond | 2.8 % |
| Ivy Pictet Emerging Markets Local Currency Debt | 2.8 % |
| Ivy Mid Cap Growth | 1.5 % |
| Ivy ProShares Russell 2000 Dividend Growers Index | 1.1 % |
| Ivy Small Cap Core | 1.1 % |
| Ivy Mid Cap Income Opportunities | 1.1 % |
| Ivy LaSalle Global Real Estate | 1.0 % |
| Ivy Small Cap Growth | 1.0 % |
| Fact Sheet | DOWNLOAD |
| Prospectus | DOWNLOAD |
| Summary Prospectus | DOWNLOAD |
| Statement of Additional Information | DOWNLOAD |
| Annual Report | DOWNLOAD |
| Semi-Annual Report | DOWNLOAD |
| Quarterly Commentary | DOWNLOAD |
| XBRL | — |
| Q1 Holdings | DOWNLOAD |
| Q3 Holdings | DOWNLOAD |
| Ivy Wilshire Global Allocation Fund Information Statement Dated March 12, 2021 | DOWNLOAD |
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.
Risk factors: The value of the Fund's shares will change, and you could lose money on your investment. The performance of the Fund will depend on the success of the allocations among the chosen underlying funds, and in general, the Fund is subject to the same risks as those of its underlying funds. 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.Restricted securities, which include private placements, are securities that are subject to legal or contractual restrictions on resale, and there can be no assurance of a ready market for resale. Privately placed securities and other restricted securities will have the effect of increasing the level of Fund illiquidity to the extent that the Fund finds it difficult to sell these securities when management believes it is desirable to do so, especially under adverse market or economic conditions or in the event of adverse changes in the financial condition of the issuer, and the prices realized could be less than those originally paid or less than the fair market value. These and other risks are more fully described in the fund's prospectus. Not all funds or fund classes may be offered at all broker/ dealers.
Diversification does not guarantee a profit or protect against loss in a declining market. It is a method to manage risk.
Index Description: 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. It is not possible to invest directly in an index.
Index description: The MSCI ACWI Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets.The MSCI ACWI consists of 46 country indexes comprising 23 developed and 23 emerging market country indexes. The developed market country indexes included are: Australia,Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden,Switzerland, the United Kingdom and the United States. The emerging market country indexes included are: Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary,India, Indonesia, Korea, Malaysia, Mexico, Peru, Philippines, Poland, Qatar, Russia, South Africa, Taiwan, Thailand, Turkey* and United Arab Emirates.
Index Description: The Bloomberg Barclays Multiverse Bond Index (USD Hedged) provides a broad-based measure of the global fixed-income bond market. The index represents the union of the Bloomberg Barclays Global Aggregate Index and the Bloomberg Barclays Global High-Yield Index and capture investment grade and high yield securities in all eligible currencies. It is not possible to invest directly in an index.
Index description: The Ivy Wilshire Global Allocation Fund Custom Benchmark is a blend of 65% MSCI ACWI, a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets and 35% Bloomberg Barclays Multiverse Bond Index (USD Hedged), an index that provides a broad-based measure of the global fixed-income bond market.
Performance results for some funds may include the effect of expense reduction arrangements. If those arrangements had not been in place, the performance results would have been lower.
Fee Waiver and/or Expense Reimbursement: Through October 31, 2020, Ivy Investment Management Company (IICO), the Fund’s investment manager, Ivy Distributors, Inc. (IDI), the Fund’s distributor, and/or Waddell & Reed ServicesCompany, doing business as WI Services Company (WISC), the Fund’s transfer agent, have contractually agreed to reimburse sufficient management fees, 12b-1 fees and/or shareholder servicing fees to cap the total annual ordinary fund operating expenses (which would exclude interest, taxes, brokerage commissions and extraordinary expenses, if any) as follows: Class I Shares at 0.83%. Prior to that date, the expense limitation may not be terminated without the consent of the Board of Trustees (Board). Certain common expenses applicable to all shareclasses also may be waived to cap total annual ordinary fund operating expenses, which may serve to reduce the expense ratio of certain share classes below its respective expense cap.
Fee Waiver and/or Expense Reimbursement: Through October 31, 2021, IICO, IDI and/or WISC have contractually agreed to reimburse sufficient management fees, 12b-1 fees and/or shareholder servicing fees to cap the total annual ordinary fund operating expenses (which would exclude interest, taxes, brokerage commissions, acquired fund fees and expenses and extraordinary expenses, if any) as follows: Class A shares at 1.13%; Class B shares at 2.12%; and Class C shares at 1.96%. Prior to that date, the expense limitation may not be terminated without the consent of the Board.
Fee Waiver and/or Expense Reimbursement: Through October 31, 2020, IDI and/or WISC have contractually agreed to reimburse sufficient 12b-1 and/or shareholder servicing fees to ensure that the total annual ordinary fund operating expenses of the Class N shares and Class Y shares do not exceed the total annual ordinary fund operating expenses of the Class I shares and Class A shares, respectively, as calculated at theend of each month. Prior to that date, the expense limitation may not be terminated without the consent of the Board.
Effective May 18, 2017, the name of the Fund changed from Waddell & Reed Advisors Asset Strategy Fund to Waddell & Reed Advisors (WRA) Wilshire Global Allocation Fund, and the Fund changed its investment strategy to operate as a “fund of funds.” The Fund’s performance prior to that date reflects the Fund’s former strategy; its performance may have differed if the Fund’s current strategy had been in place. WRA Wilshire Global Allocation Fund merged into Ivy Wilshire Global Allocation Fund on Feb. 26, 2018. The returns shown prior to this date reflect the performance of WRA Wilshire Global Allocation Fund, which was incepted on March 9, 1995. Ivy Wilshire Global Allocation Fund adopted that performance as the result of a reorganization in which it acquired all assets and liabilities of WRA Wilshire Global Allocation Fund. Prior to the reorganization, the Ivy Wilshire Global Allocation Fund had no assets and had not commenced operations.
