IVVYX

About IVVYX

Macquarie International Core Equity Fund Class Y is an institutional mutual fund designed to provide international equity exposure by investing primarily in large-cap companies across developed and select emerging markets, with minimal allocation to U.S. stocks. The fund seeks capital preservation and appreciation through a strategy focused on identifying businesses with robust, self-sustaining business models and attractive valuations. Classified in the "foreign large blend" category, it aims for a balance between growth and value characteristics without favoring either style predominantly. The portfolio is diversified across sectors such as consumer cyclical, technology, financial services, healthcare, and industrials, with notable holdings including companies like MercadoLibre, Taiwan Semiconductor Manufacturing, and SAP. As of June 2025, the fund manages approximately $1.6 billion in assets, maintains a relatively high turnover rate, and typically concentrates about a quarter of its assets in its top ten holdings. It serves institutional investors seeking a disciplined, active approach to global equity diversification outside the U.S.