Key features
Macquarie VIP Pathfinder Moderate Series seeks to achieve its objective by allocating its assets among asset classes so that approximately 55-75% of the
value of the Series' assets are in equities (with a maximum of 25% allocated to international/global stocks) and approximately 25-45% of the Series' assets
are in fixed income (including cash).
Daily pricing
as of
10/11/2024
NAV 1-day net change
0.02
Total net assets
as of
09/30/2024
All share classes
$408.2 million
Overview
Series identifiers |
CUSIP |
46600H737 |
Benchmark
Portfolio
Portfolio turnover (last fiscal year)
29%
Top 10 Underlying Funds (% of net assets) as of 09/30/2024
Holdings are as of the date indicated and subject to change.
List excludes cash and cash equivalents.
MACQUARIE VIP CORPORATE BOND SERIE
24.16
MACQUARIE VIP INTL CORE EQ SERIES
20.02
MACQUARIE VIP CORE EQUITY SERIES
15.80
MACQUARIE VIP GROWTH SERIES
11.60
MACQUARIE VIP LIMITED-TERM BOND SE
9.47
MACQUARIE VIP VALUE SERIES
7.76
MACQUARIE VIP SMID CAP CORE SERIES
4.45
MAQ VIP GROWTH & INCOME SERIES
3.76
MACQUARIE VIP MID CAP GROWTH SERIE
1.03
MACQUARIE VIP SMALL CAP GROWTH SER
0.99
Total % Fund in Top 10 holdings - 99.04%
Management
Investment manager
Delaware Management Company, a series of Macquarie Investment Management Business Trust (a Delaware statutory trust)
Aaron Young
-
Managing Director, Senior Portfolio Manager – Global Multi-Asset
-
Start date on the Fund:
October 2016
-
Years of industry experience:
20
-
Read bio
Aaron Young
Managing Director, Senior Portfolio Manager – Global Multi-Asset
- Joined Ivy Investments in 2005, acquired by Macquarie in 2021
- Based in Kansas City
Aaron is a Senior Portfolio Manager for the Global Multi-Asset Team at Macquarie Asset Management (MAM). He focuses on asset allocation, portfolio construction, and risk analysis. The team, led by Stefan Löwenthal, has engineered multi-asset solutions for more than 25 years. With its highly differentiated investment process, the team serves clients around the globe. Aaron also contributes to the team’s fundamental research process.
He serves on the firm’s Optimum Sub-Advisory Oversight Committee of the Optimum Fund Trust.
Prior to Macquarie's acquisition of Ivy Investments, Aaron worked in a variety of roles at Ivy Investments, most recently as both a Multi-Asset Portfolio Manager and member of the Equity Risk and Quantitative Research Team.
He earned his Bachelor of Arts in philosophy with Honors from the University of Missouri and a Master of Business Administration with an emphasis in finance and strategy from the Olin School of Business at Washington University.
Sub-advisor
Macquarie Investment Management Austria Kapitalanlage AG (MIMAK) serves as sub-advisor for the Fund.
Stefan Löwenthal, CFA
-
Managing Director, Head of Global Multi-Asset
-
Start date on the Fund:
November 2021
-
Years of industry experience:
16
-
Read bio
Stefan Löwenthal
Managing Director, Head of Global Multi-Asset
- Joined Macquarie in 2008
- Based in Vienna
Stefan is Head of Global Multi-Asset at Macquarie Asset Management (MAM). The team has engineered multi-asset solutions for more than 25 years. With its highly differentiated investment process, the team serves clients around the globe. He leads the team responsible for asset allocation and portfolio construction; the management of multi-asset funds, model portfolios, and institutional accounts; and the development of new multi-asset investment strategies. He oversees all research, portfolio management, and thought leadership activities of the team.
Stefan joined Macquarie in February 2008 as a Portfolio Manager on the Global Multi-Asset Team. He was appointed Chief Investment Officer for the team in 2013.
He chairs the MAM Investment Policy Committee and is a member of the MAM Environmental, Social, and Governance (ESG) Working Group, the MAM Professional Series Multi Manager Committee, and the MAM Private Infrastructure Fund Governance Committee.
He is a frequent speaker at industry events and universities. Stefan received a Master of Management Science from the Vienna University of Economics and Business. He holds the Chartered Financial Analyst® designation and is a member of the CFA Society Austria.
Jürgen Wurzer
-
Managing Director, Deputy Head of Global Multi-Asset
-
Start date on the Fund:
November 2021
-
Years of industry experience:
17
-
Read bio
Jürgen Wurzer
Managing Director, Deputy Head of Global Multi-Asset
- Re-joined Macquarie in 2018
- Based in Vienna
Jürgen is Deputy Head of Global Multi-Asset at Macquarie Asset Management (MAM), a role he assumed in April 2018. The team, led by Stefan Löwenthal, has engineered multi-asset solutions for more than 25 years. With its highly differentiated investment process, the team serves clients around the globe. Jürgen is responsible for designing and managing multi-asset strategies, overseeing quantitative research and modelling, and analysing global equity markets.
He initially joined Macquarie in 2007, focusing on multi-asset solutions. He worked for Erste Asset Management between 2016 and 2018, prior to re-joining Macquarie in 2018.
In addition to his role at Macquarie, Jürgen serves as a lecturer for asset allocation, quantitative finance, and portfolio and risk management at several educational institutions.
Jürgen received a Master of Arts from the University of Applied Sciences Wiener Neustadt. He holds the Chartered Financial Analyst® designation, the CFA Institute Certificate in ESG Investing and is a member of the CFA Society Austria.
Fees
The following table describes the fees and expenses that you may pay if you buy, hold,
and sell shares of the Series. 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 |
0.00% |
Distribution and service (12b-1) fees |
none |
Other expenses1 |
0.97% |
Total annual series operating expenses |
0.97% |
Fee waivers and expense reimbursements |
none |
Total annual series operating expenses after fee waivers and expense reimbursements |
0.97% |
Please see the prospectus and SAI for additional information.
1Other expenses contain a 0.93% acquired fund fees and expenses. Acquired
Fund Fees and Expenses sets forth the Series' pro rata portion of the cumulative expenses charged by the
Underlying Funds in which the Series invested during its last fiscal year. The actual Acquired Fund Fees
and Expenses will vary with changes in the allocations of the Series' assets. The Acquired Fund Fees and
Expenses shown are based on the total expense ratio of each Underlying Fund for the Series' most recent
fiscal year.
Resources
Shareholder report – Annual
Shareholder report – Semi-annual