Fund Description
Ivy Focused Value NextShares seeks to achieve its objectives by investing primarily in the common stocks of companies that Ivy Investment Management Company (IICO), the Fund s investment manager, believes are undervalued, trading at a significant discount relative to the intrinsic value of the company as estimated by IICO and/or are out of favor in the financial markets but have a favorable outlook for capital appreciation. The Fund may invest in securities issued by companies of any size and market capitalization. The Fund is non diversified, meaning that it may invest a significant portion of its total assets in a limited number of issuers. For example, the Fund typically holds a limited number of stocks (generally 15 to 25).
Fund Profile
Fund Name Ivy Focused Value NextShares
Fund Exchange Ticker IVFVC
Fund Sponsor Ivy Investments
Fund ISIN US4660132089
Net Expense Ratio 0.78 %
Fund Inception Date 17 October 2016
Fund Legal Structure ETMF
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - US Style
Asset Class Equities (Stocks)
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Large Cap
Growth Value Value
Continent North America
Key Statistics
Return As of Date 14 June 2019
Asset Under Management 8.77 Million (USD)
1 Month Total Return 0.20 %
Year To Date Return 0.40 %
1 Year Total Return 2.77 %
3 Year Annualized Total Return
NAV 19.49
Share Outstanding 450,000
Top 10 Holdings (Invalid date)
Constituent Name Constituent Ticker Constituent Type Weighting