The departure of IVA International's comanager, who was also co-CIO and a cofounder of advisor IVA, is a loss for the fund. But the senior manager remains in place, as do the analysts and approach. Under Morningstar's enhanced ratings system, the fund receives Morningstar Analyst Ratings of Bronze for the Institutional and A shares and Neutral for the C shares.
Will IVICX 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 IVICX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the IVICX 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 IVICX’s parent organization’s priorities and whether they’re in line with investors’ interests.