Ivy Variable Insurance Portfolios
A range of portfolios utilized as underlying investments in variable annuities and variable life insurance products.
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 data quoted does not reflect any expenses or charges associated with owning a variable life insurance policy or variable annuity contract that invests in the Portfolio's shares. When such charges are deducted, actual investment performance in a variable annuity will be lower.
Prices & Returns
POP as of 4/21/2017
Average Annual Total Returns
POP as of 3/31/2017
|—||Ivy VIP Asset Strategy||$8.46||($0.02)||5.23%||7.11%||-3.26%||3.16%||5.67%||8.85%||5/1/1995||0.99%||0.99%|
|—||Ivy VIP Balanced||$7.76||($0.01)||3.88%||8.61%||4.09%||7.54%||6.76%||7.54%||5/3/1994||1.00%||1.00%|
|—||Ivy VIP Bond||$5.37||$0.00||1.96%||1.68%||2.63%||2.46%||3.77%||5.93%||7/13/1987||0.78%||0.78%|
|—||Ivy VIP Core Equity 1||$11.07||($0.03)||3.71%||10.66%||5.40%||10.38%||7.80%||9.27%||7/16/1991||0.95%||1.00%|
|—||Ivy VIP Dividend Opportunities||$8.03||($0.01)||3.13%||12.94%||5.39%||9.58%||5.27%||7.06%||11/20/2003||1.00%||1.00%|
|—||Ivy VIP Energy||$5.88||($0.04)||-13.17%||23.91%||-6.18%||1.45%||3.15%||2.69%||5/1/2006||1.20%||1.20%|
|—||Ivy VIP Global Bond||$4.98||$0.00||1.96%||6.43%||1.56%||2.09%||—||2.11%||8/23/2010||1.14%||1.14%|
|—||Ivy VIP Global Growth 2 3||$8.78||($0.02)||7.78%||9.02%||2.68%||6.54%||3.55%||6.85%||5/3/1994||1.13%||1.17%|
|—||Ivy VIP Global Natural Resources||$4.25||($0.02)||-5.60%||18.21%||-7.98%||-3.11%||-2.93%||1.86%||4/28/2005||1.35%||1.35%|
|—||Ivy VIP Government Money Market||$1.00||$0.00||0.09%||0.19%||0.08%||0.05%||0.70%||3.14%||7/13/1987||0.45%||0.45%|
|—||Ivy VIP Growth||$11.23||($0.01)||9.01%||14.18%||9.67%||12.21%||8.89%||10.59%||7/13/1987||0.99%||0.99%|
|—||Ivy VIP High Income||$3.71||$0.00||2.78%||15.96%||3.19%||6.80%||7.52%||7.66%||7/13/1987||0.92%||0.92%|
|—||Ivy VIP International Core Equity||$16.43||($0.01)||7.39%||14.29%||2.68%||6.97%||2.68%||7.95%||5/19/1992||1.16%||1.16%|
|—||Ivy VIP Limited-Term Bond||$4.94||$0.00||0.96%||0.89%||1.33%||1.20%||—||1.42%||8/23/2010||0.80%||0.80%|
|—||Ivy VIP Micro Cap Growth||$20.94||($0.04)||1.34%||32.04%||-0.51%||8.48%||6.29%||7.53%||10/1/1997||1.33%||1.33%|
|—||Ivy VIP Mid Cap Growth||$10.03||($0.02)||6.23%||13.92%||4.29%||8.39%||8.53%||9.88%||4/28/2005||1.15%||1.15%|
|—||Ivy VIP Pathfinder Aggressive||$4.95||($0.01)||5.79%||14.12%||5.11%||8.70%||—||6.27%||3/4/2008||1.11%||1.11%|
|—||Ivy VIP Pathfinder Conservative||$5.06||$0.00||3.18%||7.42%||3.18%||5.22%||—||4.58%||3/13/2008||0.76%||0.76%|
|—||Ivy VIP Pathfinder Mod - Managed Volatility||$5.46||($0.01)||4.03%||8.40%||2.94%||—||—||4.59%||8/1/2013||1.06%||1.06%|
|—||Ivy VIP Pathfinder Mod Agg - Managed Volatility||$5.29||($0.01)||4.58%||10.03%||3.24%||—||—||5.08%||8/1/2013||1.21%||1.21%|
|—||Ivy VIP Pathfinder Mod Con - Managed Volatility||$5.28||$0.00||3.57%||6.91%||2.34%||—||—||3.73%||8/1/2013||1.07%||1.07%|
|—||Ivy VIP Pathfinder Moderate||$5.23||($0.01)||4.31%||10.42%||4.02%||6.88%||—||5.28%||3/4/2008||0.89%||0.89%|
|—||Ivy VIP Pathfinder Moderately Aggressive||$5.39||($0.01)||4.87%||12.30%||4.51%||7.75%||—||6.01%||3/4/2008||0.98%||0.98%|
|—||Ivy VIP Pathfinder Moderately Conservative||$5.18||$0.00||3.82%||8.90%||3.58%||6.04%||—||5.10%||3/12/2008||0.84%||0.84%|
|—||Ivy VIP Real Estate Securities||$8.62||($0.04)||2.71%||0.21%||9.25%||8.88%||4.01%||8.66%||5/27/2004||1.19%||1.28%|
|—||Ivy VIP Science and Technology||$24.69||($0.09)||10.54%||21.59%||3.74%||13.27%||10.39%||13.82%||4/4/1997||1.15%||1.15%|
|—||Ivy VIP Small Cap Growth||$10.33||($0.01)||6.59%||18.89%||4.67%||8.13%||6.06%||9.93%||5/3/1994||1.14%||1.15%|
|—||Ivy VIP Small Cap Value||$18.67||($0.04)||1.76%||29.12%||9.27%||13.79%||7.71%||8.51%||10/1/1997||1.15%||1.15%|
|—||Ivy VIP Value||$6.05||($0.03)||2.05%||18.04%||6.17%||11.59%||6.16%||6.90%||5/1/2001||1.00%||1.00%|
1 Fee Waiver and/or Expense Reimbursement: Through April 30, 2018, Ivy Investment Management Company (IICO), the Portfolio’s investment manager, Ivy Distributors, Inc. (IDI), the Portfolio’s distributor, and/or Waddell & Reed Services Company, doing business as WI Services Company (WISC), the Portfolio’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 portfolio operating expenses (which would exclude interest, taxes, brokerage commissions, acquired fund fees and expenses and expenses and extraordinary expenses, if any) at 1.13%. Prior to that date, the expense limitation may not be terminated without the consent of the Board of Trustees.
2 Through April 30, 2018, Ivy Investment Management Company (IICO), the Portfolio’s investment manager, Ivy Distributors, Inc. (IDI), the Portfolio’s distributor, and / or Waddell & Reed Services Company, doing business as WI Services Company (WISC), the Portfolio’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 portfolio operating expenses at 1.13%. Prior to that date, the expense limitation may not be terminated by WRIMCO, Waddell & Reed, WISC or the Board of Trustees.
|Rankings (Fund/Category) as of 3/31/2017|
|—||Ivy VIP Asset Strategy||Alternative Other Funds||57/94||62/64||26/36||2/16|
|—||Ivy VIP Balanced||Mixed-Asset Target Alloc Growth Funds||190/223||153/204||112/177||14/99|
|—||Ivy VIP Bond||Corporate Debt Funds A Rated||9/17||10/17||11/16||9/13|
|—||Ivy VIP Core Equity||Large-Cap Core Funds||171/184||160/178||147/165||12/133|
|—||Ivy VIP Dividend Opportunities||Equity Income Funds||62/73||57/63||55/60||36/46|
|—||Ivy VIP Energy||Natural Resources Funds||8/33||11/33||3/25||1/20|
|—||Ivy VIP Global Bond||VA Global Income Funds||27/80||22/67||22/58||—|
|—||Ivy VIP Global Growth||VA Global Large-Cap Growth||21/22||21/22||21/21||19/19|
|—||Ivy VIP Global Natural Resources||Natural Resources Funds||22/33||20/33||14/25||19/20|
|—||Ivy VIP Government Money Market||VA Money Market Funds||9/63||8/63||9/62||13/58|
|—||Ivy VIP Growth||Large-Cap Growth Funds||146/205||117/199||111/195||41/153|
|—||Ivy VIP High Income||High Current Yield Funds||22/109||67/103||8/97||2/77|
|—||Ivy VIP International Core Equity||International Large-Cap Core||2/21||1/21||1/21||1/14|
|—||Ivy VIP Limited-Term Bond||VA Short-Intmdt Investment Grade Debt Funds||22/35||17/33||23/32||—|
|—||Ivy VIP Micro Cap Growth||Small-Cap Growth Funds||2/91||83/85||75/84||55/72|
|—||Ivy VIP Mid Cap Growth||Mid-Cap Growth Funds||60/80||75/79||75/79||17/59|
|—||Ivy VIP Pathfinder Aggressive||Mixed-Asset Target Alloc Growth Funds||23/223||90/204||47/177||—|
|—||Ivy VIP Pathfinder Conservative||VUF Mixed-Asset Target Alloc Conservative Funds||29/135||75/130||34/118||—|
|—||Ivy VIP Pathfinder Mod - Managed Volatility||Mixed-Asset Target Allocation Moderate Funds||144/246||197/229||—||—|
|—||Ivy VIP Pathfinder Mod Agg - Managed Volatility||Mixed-Asset Target Allocation Moderate Funds||82/246||181/229||—||—|
|—||Ivy VIP Pathfinder Mod Con - Managed Volatility||Mixed-Asset Target Allocation Moderate Funds||214/246||213/229||—||—|
|—||Ivy VIP Pathfinder Moderate||VUF Mixed-Asset Target Alloc Moderate Funds||64/246||131/229||83/182||—|
|—||Ivy VIP Pathfinder Moderately Aggressive||VUF Mixed-Asset Target Alloc Moderate Funds||15/246||94/229||39/182||—|
|—||Ivy VIP Pathfinder Moderately Conservative||VUF Mixed-Asset Target Alloc Moderate Funds||128/246||160/229||121/182||—|
|—||Ivy VIP Real Estate Securities||Real Estate Funds||36/45||22/43||23/42||26/37|
|—||Ivy VIP Science and Technology||Science & Technology Funds||29/38||37/38||23/37||16/35|
|—||Ivy VIP Small Cap Growth||Small-Cap Growth Funds||81/91||61/85||77/84||58/72|
|—||Ivy VIP Small Cap Value||VA Small-Cap Core Funds||8/138||7/132||9/128||24/98|
|—||Ivy VIP Value||Large-Cap Value Funds||72/122||105/118||78/110||30/82|
Ticker Symbols & Fund Codes
Documents & Prospectuses
Before investing, investors should consider carefully the investment objectives, risks, charges and expenses of a portfolio and the variable insurance product. This and other important information is contained in the portfolio and variable insurance product prospectuses, which may be obtained here, from a financial advisor, or by contacting the applicable insurance company. Read them carefully before investing.
You could lose money by investing in Ivy VIP Government Money Market. Although the Portfolio seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Portfolio is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Portfolio’s sponsor has no legal obligation to provide financial support to the Portfolio, and you should not expect that the sponsor will provide financial support to the Portfolio at any time.
Risk factors. The value of the Portfolio's shares will change, and you could lose money on your investment. An investment in the Portfolio is not insured or guaranteed by the FDIC or any other government agency. These and other risks are more fully described in the portfolios's prospectus. The IVY VARIABLE INSURANCE PORTFOLIOS℠, are only available as investment options in variable life insurance policies and variable annuity contracts issued by participating insurance companies. They are not offered or made available directly to the general public.
Annuities are long-term financial products designed for retirement purposes. Annuity and life insurance guarantees are based on the financial strength and claims-paying ability of the issuing insurance company. The guarantees have no bearing on the performance of a variable investment option. Variable investment options are subject to market risk, including loss of principal. There are charges and expenses associated with annuities and variable life insurance products, including mortality and expense risk charges, management fees, administrative fees, expenses for optional riders and deferred sales charges for early withdrawals. Withdrawals before age 59 1/2 may be subject to a 10% IRS tax penalty and surrender charges may apply.
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.
Unsubsidized yields reflect what the yield would have been without the effect of reimbursements and waivers. The adviser and its affiliates have or may voluntarily waive a portion of their fees (including, but not limited to, distribution and service (12b-1) fees) and reimburse certain expenses. There is no guarantee that the fund will avoid a negative yield. Such undertaking may be amended or withdrawn at any time.
12-Month Trailing Distribution Yield: at NAV refers to the 12-month historical cash flow paid over the past 12 months in dividends, divided by the past months ending NAV.
he Morningstar RatingTM for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.
Ranking is among the Lipper Category stated. Rankings are based on average annual total returns, but do not consider sales charges. Lipper Category designations are assigned by Lipper, Inc. based upon independent analysis and are not necessarily based upon or consistent with fund objectives and strategies as stated in the prospectus.
Information is subject to change and is not intended to represent any past or future investment recommendations.