Ivy VIP Global Growth
- $7.99 NAV as of 12/2/2016
- ($0.00) / -0.01% Daily NAV Change
- -4.87% YTD (NAV)
Morningstar Style Box
Sarah C. Ross, CFA
- Waddell & Reed Investment Management Company
- 2 Years with Fund
- 21 Years in Industry
Sarah C. Ross, CFA is a vice president of Ivy Investment Management Company and Waddell & Reed Investment Management Company. Ms. Ross joined the firm in October 2003 as a health care investment analyst. She was appointed assistant vice president in 2006. In 2009, she was appointed vice president and portfolio manager of the Ivy Tax-Managed Equity Fund and Waddell & Reed Advisors Tax-Managed Equity Fund. She was also an assistant portfolio manager on the firm’s large-cap growth team. In August 2014, Ms. Ross was appointed portfolio manager of the Ivy International Growth Fund, Ivy Funds VIP International Growth and Waddell & Reed Advisors International Growth Fund. She was previously affiliated with Banc of America Capital anagement from 2001 to 2003 as a senior health care analyst and vice president. From 1997 to 2001 she was a senior health care analyst and limited partner for Edward Jones. Ms. Ross earned both a BS in business administration and a BA in French in 1995 from John M. Olin School of Business, Washington University, St. Louis, Missouri. She also studied at Ecole Europeene Des Affaires A Paris, France. The French curriculum included global finance, French society, international marketing and corporate law. Ms. Ross is a CFA charterholder. She is a member of the CFA Institute and the St. Louis Society of Financial Analysts.
Growth of a $10,000 Investment
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.
Daily Prices as of 12/2/2016
|Net Asset Value (NAV)||$7.99|
|Daily NAV Change ($)||($0.00)||-0.01%|
|Weekly NAV Change ($)||$-0.05||-0.67%|
|Public Offering Price (POP)||$7.99|
|Fiscal Year End||December|
|Fund Assets (as of 10/31/2016)||$441.8 mil|
|Total Equity Holdings (as of 10/31/2016)||53|
|Total Holdings (as of 10/31/2016)||57|
|Portfolio Turnover Rate|
|Lipper Category||VA Global Large-Cap Growth|
|Morningstar Category||World Stock|
|Benchmark||MSCI World NR USD|
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. Class A shares, including sales charges, reflects the maximum applicable front-end sales load.
Monthly Rates of Return
|Fund at NAV||-4.43%||-5.86%||0.66%||6.67%||3.20%||6.51%|
Quarterly Rates of Return
|Fund at NAV||-0.41%||6.66%||3.76%||9.54%||4.37%||6.76%|
|Lipper VA Global Large-Cap Growth||1.89%||7.74%||5.65%||11.89%||5.61%||—|
|MSCI World NR USD||5.55%||11.36%||5.85%||11.63%||4.47%||—|
Calendar Year Return
|MSCI World NR USD||-5.54||15.83||26.68||4.94||-0.87|
Morningstar Ratings as of 10/31/2016
|Ratings are based on risk-adjusted returns|
|Overall out of 960|
|3 Year out of 960|
|5 Year out of 737|
|10 Year out of 426|
Lipper Ranking through 10/31/2016
|Rankings are based on average annual total returns, but do not consider sales charges.|
Expense Ratios as of 4/30/2016
3-Year Standard Deviation as of 9/30/2016
|MSCI World NR USD||12.00|
3-Year MPT* Statistics as of 9/30/2016
|*Modern Portfolio Theory|
Historical Prices Inception 5/3/1994
|Date||Price||Dividend Reinvest Date||Capital Gain Reinvest Date|
Historical Distributions Inception 5/3/1994
|Ex-date||Income||Capital Gains||Reinvest Gains||Payment Date|
|5/18/2016||$0.018||Long: $0.236 Short: $0.011||$7.99||5/18/2016|
|5/20/2015||$0.0388||Long: $0.450 Short: $0.000||$9.07||5/20/2015|
|5/21/2014||$0.2107||Long: $0.859 Short: $0.000||$8.9||5/21/2014|
|5/22/2013||$0.0809||Long: $0.173 Short: $0.000||$9.03||5/22/2013|
|5/16/2012||$0.1664||Long: $0.544 Short: $0.000||$7.42||5/16/2012|
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.
Top 10 Equity Holdings as a % of net assets 10/31/2016
|Visa, Inc., Class A||Visa Inc. operates retail electronic payments network worldwide. It facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities.||5.16%|
|Amazon.com, Inc.||Amazon.com, Inc. operates as an online retailer in North America and internationally.||5.09%|
|Alphabet, Inc., Class C||4.70%|
|MasterCard, Inc., Class A||MasterCard Incorporated (MasterCard) is a global payments company that provides a economic link among financial institutions, businesses, merchants, cardholders and governments worldwide, enabling them to use electronic forms of payment instead of cash and checks.||4.36%|
|Alibaba Group Holding Ltd. ADR||3.53%|
|Halliburton Co.||Halliburton Company provides various products and services to the energy industry for the exploration, development, and production of oil and gas properties worldwide.||3.33%|
|Facebook, Inc., Class A||Facebook, Inc. operates as a social networking company worldwide. It builds various tools that enable users to connect, share, discover, and communicate with each other on mobile devices and computers.||3.13%|
|J.B. Hunt Transport Services, Inc.||One of the largest transportation logistics companies in North America, providing customized freight movement, revenue equipment, labor and systems services tailored to individual requirements||2.92%|
|Fresenius SE & Co. KGaA||Fresenius SE is a Germany-based holding company of the Fresenius Group, operating in the healthcare sector, with products and services for dialysis, hospitals and outpatient medical care. The Group also offers engineering and services for hospitals and other healthcare facilities.||2.92%|
Total Portfolio Holdings
as a % of equity assets as of 11/30/2016
|Median Market Cap (as of 10/31/2016)||$39.1 bil|
Top 10 Industry Allocation
as a % of Equity Holdings as of 10/31/2016
|Internet Software & Services||16.2%|
|Data Processing & Outsourced Services||9.8%|
|Internet & Direct Marketing Retail||5.6%|
|Oil & Gas Equipment & Services||5.1%|
|Aerospace & Defense||4.6%|
|Auto Parts & Equipment||3.8%|
|Health Care Services||3.0%|
as a % of equity assets as of 10/31/2016
as a % of net assets as of 10/31/2016
|Domestic Common Stock||60.41%|
|Foreign Common Stock||37.20%|
|Cash and Cash Equivalents||2.39%|
Equity Country Allocation
as a % of equity assets as of 10/31/2016
Total Portfolio HoldingsUpdated quarterly, upon availability.
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 a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. 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 and other risks are more fully described in the Portfolio's prospectus. Not all portfolios may be offered at all broker/ dealers. The IVY VARIABLE INSURANCE PORTFOLIOSSM, 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.
Stylebox: The Morningstar Equity Style Box reveals a fund's investment strategy by displaying the fund's investment style and the market capitalization of the stocks owned.
Index Description: MSCI World is an unmanaged index comprised of securities that represent the securities markets around the world. 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.
Ivy VIP International Growth formerly known as W&R Target International Growth Portfolio.
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.
In November of 2014, Ivy Funds VIP International Growth expanded its investment strategy to include stocks of U.S. companies. Effective January 1, 2015, the Portfolio changed its name to Ivy Funds VIP Global Growth to reflect its global focus. Performance prior to November 2014 reflects the Portfolio’s former international strategy and may have differed if the Portfolio’s current strategy that includes investing globally had been in place.
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.
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.
MPT Statistics: Alpha is a measure of a portfolio’s actual returns and expected performance, given its level of risk (as measured by beta). Beta reflects the sensitivity of the portfolio’s return to fluctuations in the market index. R-squared indicates how much of a portfolio’s fluctuations are attributable to movements in the portfolio’s benchmark. Standard deviation is a measure of how volatile a portfolio’s returns are. Sharpe ratio is a measure of a portfolio’s risk-adjusted performance.
Morningstar Ratings: For each fund with at least a 3-year history, Morningstar calculates a risk-adjusted return measure that accounts for variation in a fund's monthly performance (including the effects of all sales charges), placing emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each 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. (Each share class is counted as a fraction of one fund and rated separately.) A fund's overall rating is derived from a weighted average of the 3-, 5- and 10-year (if applicable) rating metrics. Morningstar Rating is for the share classes specified; other classes may have different performance characteristics.
Information is subject to change and is not intended to represent any past or future investment recommendations.
Please remember that an investment in a mutual fund involves risk. Investment return and principal value of a mutual fund investment will fluctuate, and shares, when redeemed, may be worth more or less than their original cost.
YTD Prices can be updated 3 to 4 hours after the Daily Pricing information which can result in mismatching data.