IVA International Fund

IVA International Fund

Last Update: 2014-12-01
Related: Charles de Vaulx

Number of Stocks: 96
Number of New Stocks: 6

Total Value: $2,167 Mil
Q/Q Turnover: 11%

Countries: USA JPN HKG FRA GBR SGP KOR CHE DEU NOR TWN CAN NLD AUS MEX IND BEL FIN IDN MYS
Details: Top Buys | Top Sales | Top Holdings  Embed:

IVA International Fund Watch

  • IVA International Fund Seeks Value in Foreign Holdings in Third Quarter

    IVA International Fund (Trades, Portfolio) has only existed since 2008. It takes a value-oriented approach to investing, which may tend to make it a little more selective than many. It seeks long-term growth of capital by investing in a range of securities and asset classes from international markets.


    In 2013, IVA had a return of 15.29% compared to the year before, when its return was 10.16%. As its name suggests, IVA also has a preference for international companies. In the third quarter of 2014, of the 22 companies IVA either bought or sold, only three were based in the United States.

      


  • IVA International Fund Q3 2014 Review

    The IVA International Fund (Trades, Portfolio) Class A (NAV) (“the Fund”) ended the quarter on September 30, 2014 with a return of -1.00% versus the MSCI All Country World Index (ex-U.S.)(“Index”) return of -5.27%. This brings our year-to-date return to 3.42% versus the Index return of 0.00% for the same period.


    Global equity markets were volatile this quarter, falling late July to early August and again in September, as the Federal Reserve prepares to end its quantitative easing program and markets digest the possibility of them raising rates earlier than expected as the U.S. economy slowly improves. Also, a few economic indicators released this quarter signaled growth in China is slowing which rattled markets.

      


  • IVA International Fund Second Quarter 2014 Review

    The IVA International Fund (Trades, Portfolio) Class A (NAV) (“the Fund”) ended the quarter on June 30, 2014 with a return of 2.50% compared to the MSCI All Country World Index (ex-U.S.) (“Index”) return of 5.03%. This brings our year-to-date return to 4.46% versus the Index return of 5.56% for the same period.


    Global equity markets continued to move higher this period with the S&P 500 Index reaching a record high close in mid-June despite a still murky economic picture. Towards the end of the quarter, it was announced that U.S. GDP growth fell -2.9% in the first quarter of 2014 and the Bank for International Settlements (BIS) warned in its annual report published in June that “buoyant financial markets are out of sync with the shaky global economic and geopolitical outlook.”

      


Add Notes, Comments

If you want to ask a question, or report a bug, please create a support ticket.

User Comments

No comment yet



Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK