IVA Worldwide Fund Class A (IVWAX)
IVA Worldwide Fund Class A operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $17.14, down 1.45% on the session, giving a market capitalisation of $991.0M. Its beta of 0.73 implies it has historically moved less than the broad market.
The IVA Worldwide Fund Class A aims to achieve sustained capital appreciation over the long term. It accomplishes this by diversifying investments across a wide spectrum of securities and asset classes in global markets, including significant exposure to the U.S. Under typical market conditions, the fund is committed to investing at least 30% of its total assets in equity and debt instruments issued by foreign companies and governments, with the advisor generally aiming for an allocation of 40% or more to these international holdings. Its portfolio may encompass businesses situated in emerging economies – particularly in the Far East, Latin America, and Eastern Europe – as well as established enterprises operating in developed nations like the U.S., Canada, Japan, and Western Europe.
IVA Worldwide Fund Class A is most often compared with the following Financial Services names: