Key features
Investing at the intersection of innovation and quality
Seeking innovative opportunities across the broad market
Built on a six-decade firm legacy of technology investing expertise
Daily pricing
as of
09/29/2023
NAV 1-day net change
0.04
Total net assets
as of
08/31/2023
All share classes
$534.3 million
Overview
Series identifiers |
CUSIP |
46600H588 |
Benchmark
Portfolio
Market cap (median) Source: FactSet
$64.7 billion
Market cap (weighted average) Source: FactSet
$660.0 billion
Portfolio turnover (last fiscal year)
58%
International equities & depositary receipts
5.9%
Cash, cash equivalents and other assets
3.7%
Top 10 holdings
as of 08/31/2023
Holdings are as of the date indicated and subject to change.
List may exclude cash and cash equivalents. Please see the Series' complete list of holdings for more information.
Holdings based by issuer.
MICROSOFT CORPORATION
8.89
SEAGATE TECHNOLOGY UNLIMITED CO
4.40
Total % Portfolio in Top 10 holdings - 51.21%
Sector allocation
as of 08/31/2023
List may exclude cash, cash equivalents, and exchange-traded funds (ETFs) that are used for cash management purposes. Please see the Series’ complete list of holdings for more information.
Information technology
59.2%
Communication services
15.6%
Consumer discretionary
10.3%
Management
Gus C. Zinn, CFA
-
Managing Director, Senior Portfolio Manager
-
Start date on the Fund:
October 2001
-
Years of industry experience:
25
-
Read bio
Gus C. Zinn
Managing Director, Senior Portfolio Manager
- Joined Ivy Investments in 1998, acquired by Macquarie in 2021
- Based in Kansas City
Gus is a Senior Portfolio Manager for Macquarie Asset Management’s (MAM’s) Ivy Science and Technology Team, where he is responsible for making day-to-day investment decisions for the team’s strategy.
Gus has served as Portfolio Manager for Ivy Investments since 2006. He had served as Assistant Portfolio Manager for funds managed by Ivy Investments since July 2003, in addition to his duties as a Research Analyst.
Gus is on the finance council at St. Ann Church in Kansas City. He also acts as a guest teacher in economics four times per semester at Rockhurst High School. His focus is on the basics of fundamental analysis for equities.
Gus earned a Bachelor of Science and a Master of Science in finance from the University of Wisconsin-Madison. He holds the Chartered Financial Analyst® designation.
Bradley Warden, CFA
-
Managing Director, Senior Portfolio Manager
-
Start date on the Fund:
October 2016
-
Years of industry experience:
26
-
Read bio
Bradley Warden
Managing Director, Senior Portfolio Manager
- Joined Ivy Investments in 2003, acquired by Macquarie in 2021
- Based in Kansas City
Brad is a Senior Portfolio Manager for Macquarie Asset Management’s (MAM’s) Ivy Science and Technology Team, where he is responsible for making day-to-day investment decisions for the team’s strategy.
Brad joined Ivy Investments as an Investment Analyst covering multiple areas of technology and healthcare, and he became an Assistant Portfolio Manager for the firm in 2014 and a Portfolio Manager in 2016.
Brad serves as a volunteer Investment Counselor and Advisory Committee member to the Texas McCombs Investment Advisors LLC, a student-managed fund at the University of Texas at Austin.
He earned a Bachelor of Science in business administration from Trinity University and a Master of Business Administration in finance from the University of Texas at Austin. He holds the Chartered Financial Analyst® designation.
Fees
The following table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Portfolio. The fee table does not reflect any fees or sales charges imposed by variable insurance contracts. If it did, the expenses would be higher.
Annual portfolio operating expenses |
Management fees |
0.85% |
Distribution and service (12b-1) fees |
none |
Other expenses |
0.07% |
Total annual portfolio operating expenses |
0.92% |
Please see the prospectus and SAI for additional information.
1Net expense ratio reflects a contractual waiver of certain fees/and/or expense reimbursements from May 1, 2023 through April 30, 2024. Please see the fee table in the Portfolios' prospectus for more information.