US firm targets int’l market with three new Ucits funds

Ivy Global Investors, the distributor of the Ivy Global Investors Fund Sicav, has expanded its Luxembourg-domiciled Ucits fund range with the introduction three new products.

US firm targets int’l market with three new Ucits funds


New funds

The three new funds include the Ivy Global Investors Balanced Fund, which seeks to provide total return by investing primarily in a balanced mix of equities of medium to large US companies, debt or preferred securities and short-term instruments, typically within moderate asset allocation ranges, depending on market conditions.

The Ivy Global Investors Emerging Markets Equity Fund will primarily invest in equity securities of companies from countries considered to be emerging markets or those that are economically linked to emerging markets.

And the Ivy Global Investors Energy Fund will primarily invest in the equity of companies around the world that are within the energy sector or that develop products and services to enhance energy efficiency.

Expanded offering

“The addition of these funds is another step in expanding our offering to clients in key markets globally,” said Thomas W. Butch, president and chief executive of Ivy Funds Distributor. “Ivy Global Investor’s line-up now includes eight funds that mirror investment strategies that have been marketed successfully and resonated with investors in the United States.”

Jeffrey J. Toussaint, head of business development for Ivy Global Investors, said: “Each of these products addresses distinct investor needs and is indicative of the breadth of Ivy’s investment management capability. These funds allow us to further meet the diverse needs of investors in key markets around the world.”

Existing Ivy Global Investors funds include US Large Cap Growth, US Mid Cap Growth, High Income, Science and Technology, and the flexible allocation Asset Strategy Fund. All are sub-funds of Ivy Global Investors Fund Sicav.

Ivy Global Investors is an affiliate of the Ivy Investment Management Company, a subsidiary of Waddell & Reed Financial, a US-based asset manager providing investment management and financial planning services to clients throughout the US.

The firm manages about $106bn (£72bn, €98.3bn) in total assets as of 30 September 2015.



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