ICIEX

About ICIEX

Macquarie Core Equity Fund Institutional Class is an actively managed mutual fund that seeks long-term capital growth by investing primarily in equities of large-cap companies. The fund follows a core strategy, blending both growth and value characteristics, and is benchmarked against the S&P 500 Index. Its investment approach emphasizes high-quality businesses with sustainable competitive advantages and strong financial fundamentals, aiming to maintain risk levels comparable to or lower than the broader market. The fund typically maintains a concentrated portfolio, holding about 40–50 companies, which allows for significant exposure to its highest conviction positions while striving for diversification across multiple sectors. Its largest allocations are often to leading firms within the technology, healthcare, communication services, consumer cyclical, and financial services sectors. Notable holdings have included Microsoft, Alphabet, NVIDIA, Amazon, and Apple. Managed by Macquarie Asset Management, the fund appeals primarily to institutional investors seeking exposure to large-cap US equities through a disciplined investment process focused on quality and consistency. The fund also incorporates a rigorous risk management framework and is designed to adapt to varying market environments while pursuing its growth mandate.