The departure of IVA Worldwide’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 all the analysts and the long-held strategy. The fund retains Morningstar Analyst Ratings of Silver for the Institutional shares, Bronze for the A shares, and Neutral for the C shares.
Will IVWIX 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 IVWIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the IVWIX 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 IVWIX’s parent organization’s priorities and whether they’re in line with investors’ interests.