Five Years Straight, Ivy Funds Stays in Top Five of Barron’s Five-Year
Ranking of “Best Mutual Fund Families”
Either Waddell & Reed or Ivy Funds has held one of top two spots in 5-year
ranking since 2008
OVERLAND PARK, Kan. -- February 12, 2013
Across a variety of market cycles, Ivy Funds and Waddell & Reed have shown
remarkably steady performance, as evidenced by the latest Barron’s ranking of
the “Best Mutual Fund Families.”
Since 2008, either Ivy Funds or Waddell & Reed Advisors Funds has occupied the
No. 1, 2 or 3 spot on the five-year rankings published annually by Barron’s.
Dating to 2007, Ivy Funds has been in the top 10 for six straight years,
ranking No. 7 out of 61 firms for the five-year period ended Dec. 31, 2007.
In the latest rankings, published Feb. 11, 2013, Ivy Funds is No. 2 over the
last five years after ranking at the top last year, while Waddell & Reed
Advisors Funds rank 16 over the last five years after ranking second last
year, out of 53 firms ranked. Barron’s also included separate one-year
rankings for the five specific asset categories in which funds must have a
presence in order to qualify for the overall rankings, listing only the top
and bottom five. Ivy Funds ranked first out of the 62 firms in the Mixed Asset
category (equity and fixed-income assets) for the year ended Dec. 31. 2012.
The two fund families, both affiliates of Waddell & Reed Financial, Inc.
(NYSE:WDR), utilize a rigorous research process that emphasizes longer-term
performance with a focus on risk management, according to company executives,
with the benefits realized over longer periods.
“Market cycles change year to year, but investors need clarity and consistency
in performance over time, and that is what our process strives to deliver,”
said Henry J. Herrmann, Chairman and CEO of Waddell & Reed Financial, Inc.,
parent company to both fund families. “It’s gratifying to see these rankings
continue to bear out what we believe are the merits of our daily research and
stewardship of client assets. Short-term volatility will always be a
challenge, but longer term performance is paramount.”
In the current Barron’s rankings over 10 years, Ivy Funds ranked No. 2, while
Waddell & Reed ranked No. 21 for the period ended Dec. 31, 2012, out of 46
firms ranked. For the one-year period, a time marked by volatility and global
uncertainty, Ivy Funds ranked No. 24 and Waddell & Reed Advisors Funds ranked
No. 25, out of 62 firms ranked.
Consistency over time
Ivy Funds and Waddell & Reed Advisors Funds have demonstrated consistent
historical performance, year after year:
*In the 2011 rankings, published Feb. 6, 2012, Ivy Funds ranked first and
Waddell & Reed Advisors Funds ranked second, out of 53 firms ranked.
*In 2010, Ivy Funds ranked first and Waddell & Reed Advisors Funds ranked
second in terms of performance over the five-year period ended Dec. 31,
2010, out of 53 fund families ranked.
*In 2009, Waddell & Reed Advisors Funds ranked first and Ivy Funds ranked
second, over the five-year period ended Dec. 31, 2009, out of 54 fund
*In 2008, Waddell & Reed Advisors Funds ranked first and Ivy Funds ranked
third over the five-year period ended Dec. 31, 2008, out of 53 fund
Barron’s rankings are based on asset-weighted returns in five categories:
domestic equity, world equity (including international and global portfolios),
mixed asset (stocks and bonds), taxable bonds and tax exempt bonds. Rankings
also take into account an individual fund’s performance within its Lipper peer
group. Sales charges are not included in the calculation of returns, and the
ranking period included time periods during which some funds’ returns were
affected by expense reduction arrangements.
Both the Waddell & Reed Advisors and Ivy Fund families offer a broad fund
lineup covering all major asset categories, including international and
domestic equity funds, asset allocation funds, sector funds, fixed-income
funds and money market funds.
The Waddell & Reed Advisors Funds are offered through Waddell & Reed financial
advisors, the company’s network of personal financial planners with offices
around the country. Ivy Funds are offered through the company’s wholesale
channel, which includes national and regional broker/dealers, registered
investment advisors and retirement platforms.
Through its subsidiaries, Waddell & Reed Financial, Inc. provides investment
management and financial planning services to clients throughout the U.S. The
firm had approximately $96 billion in total assets under management at Dec.
31, 2012. Waddell & Reed Investment Management Company serves as investment
advisor to the Waddell & Reed Advisors Group of Mutual Funds, Ivy Funds
Variable Insurance Portfolios and InvestEd Portfolios, while Ivy Investment
Management Company serves as investment advisor to the Ivy Funds. Waddell &
Reed, Inc. serves as principal underwriter and distributor to the Waddell &
Reed Advisors Group of Mutual Funds, Ivy Funds Variable Insurance Portfolios,
and InvestEd Portfolios, while Ivy Funds Distributor, Inc. serves as principal
underwriter and distributor to the Ivy Funds.
Investors should consider the investment objectives, risks, charges and
expenses of a fund carefully before investing. For a prospectus, or if
available, a summary prospectus, containing this and other information for any
of the Waddell & Reed Advisors or Ivy Funds, call your financial advisor or
visit www.waddell.com or www.ivyfunds.com. Please read the prospectus or
summary prospectus carefully before investing.
Investment return and principal value will fluctuate, and it is possible to
lose money by investing. Past performance is not a guarantee of future
Waddell & Reed Financial, Inc.
Nicole McIntosh-Russell, 913-236-1880
VP, Investor Relations
Roger Hoadley, 913-236-1993
VP, Director of Communications
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