• Ivy LaSalle Global Real Estate Fund

Ivy Funds

  • Global
  • Real Estate

Ivy LaSalle Global Real Estate Fund

IRESX

Summary

The fund seeks to provide total return by investing in companies across any size outside the United States.

The sub-adviser’s investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Next, the research team invests in securities of companies in the real estate or real estate-related industries.

The team focuses on companies that qualify for U.S. federal income tax purposes as real estate investment trusts, or entities similar to REITs formed under the laws of a country More

Price

Last Close

$10.83 ( +0.12 )

52 Week HL

$12.56 - $10.7

Net Assets

$80.9 M

Expense Ratio

1.46 %

Sector Allocation

Dec 31, 2020

Top 10 Holdings

Mar 17, 2021

Company Name

  • Vonovia SE
  • Invitation Homes,
  • Digital Realty
  • Prologis Inc
  • AvalonBay Communities

Holding

  • 4.9
  • 3.8
  • 3.5
  • 3.3
  • 2.8

Company Name

  • Welltower Inc
  • First Industrial
  • Duke Realty
  • Deutsche Wohnen
  • Apartment Investment
  • Total

Holding

  • 2.7
  • 2.5
  • 2.4
  • 2.2
  • 2.0
  • 30.1%

Manager

Name

Matthew Sgrizzi

Leadership

Single Manager

Tenure

2003

Advisor

LaSalle Investment Management Securities, LLC

Documents

Prospectus

Fact Sheet

Q4 2021

Q3 2021

Q2 2021

Annual Reports

Website

Link

Performance

YTD

-14.3 %

3 Year

-3.17%

5 Year

11.23%

Best

22.21%
2021

Worst

-14.33%
2022

Returns +
Quarterly

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Q1 0.4% 6.8% -25.9% 15.1% -3.8% 1.6% 3.3% 5% 3.9% - -
Q2 -14.3% 7.6% 10.1% -2.3% 6.3% 1.9% 1.3% -6.6% 7.7% -4.4% -
Q3 - 6.9% 1.5% 2.6% 0.8% 1.2% 1.1% -1.5% -3.7% 1.4% -
Q4 - 6.2% 8.8% -2.3% -5.2% 4.3% -4.3% 3% 6.6% -1.2% -

Returns +
Monthly

J F M A M J J A S O N D
2022 -3.8% -3.9% 8.6% -0.7% -14.1% - - - - - - -
2021 -1% 4.4% 3.3% 6.3% 2.3% -1.1% 3.7% 1.8% 1.3% -1.7% -2.6% 3.9%

+
Annual

    2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
    0%29%16%29%-6%19%8%-1%14%29%0%

Alpha

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
IRESX -14%22%-8%13%-5%9%1%-1%15%--
S&P 500 -29%16%29%-6%19%8%-1%14%29%-
Alpha -14%-6%-23%-15%2%-10%-7%0%1%--

IRESX S&P 500

Chart +