On July 1, 2021, Ivy Energy will become Delaware Ivy Energy. This new name reflects the completion of the acquisition of Waddell & Reed, parent company of Ivy Investments, by Macquarie Asset Management, parent company of Delaware Management. No changes to the investment team or its approach are anticipated at this time, so the strategy retains its Morningstar Analyst Rating of Neutral.
Will IVEIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable IVEIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the IVEIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of IVEIX’s parent organization’s priorities and whether they’re in line with investors’ interests.