Science and Technology
Data updated: 2026-08-24
C000017166 — Science and Technology. United States Large Cap Growth Information Technology Equity · $1.04B AUM. Holdings, fees, performance and SEC filings.
C000017166 Fund Overview
Science and Technology is a US mutual fund managed by Ivy Variable Insurance Portfolios, categorised as United States Large Cap Growth Information Technology Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Ivy Variable Insurance Portfolios
- Category: United States Large Cap Growth Information Technology Equity
- Assets under management: $1.04B
- 1-year return: 64.6%
- SEC CIK: 0000810016
- SEC series ID: S000006232
- Share class ID: C000017166
C000017166 Investment Objective and Strategy
Science and Technology describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Ivy Variable Insurance Portfolios.
Investment objective
Nomura VIP Science and Technology Series seeks to provide growth of capital.
Principal investment strategy
Nomura VIP Science and Technology Series invests primarily in the equity securities of science and technology companies around the globe. Under normal circumstances, the Series invests at least 80% of its net assets in securities of science or technology companies. Such companies may include companies that, in the opinion of Delaware Management Company (Manager), the Series investment manager, derive a competitive advantage by the application of scientific or technological developments or discoveries to grow their business or increase their competitive advantage. Science and technology companies are companies whose products, processes or services, in the opinion of the Manager, are being, or are expected to be, significantly benefited by the use or commercial application of scientific or technological developments or discoveries.
The Series also may invest in companies that utilize science and/or technology as an agent of change to significantly enhance their business opportunities (applied science and technology companies). The Series may invest in securities issued by companies of any size, and may invest without limitation in foreign securities, including securities of issuers within emerging markets. The Series is nondiversified, meaning that it may invest a significant portion of its total assets in a limited number of issuers. The Manager typically emphasizes growth potential in selecting stocks; that is, the Manager seeks companies in which earnings are likely to grow faster than the economy. The Manager aims to identify strong secular trends within industries and then applies a largely bottom-up (researching individual issuers) stock selection process by considering a number of factors in selecting securities for the Series.
These may include but are not limited to a companys growth potential, earnings potential, quality of management, valuation, financial statements, industry position/market size potential and applicable economic and market conditions, as well as whether a companys products and services have high barriers to entry. The Series typically holds a limited number of stocks (generally 35 to 60). Many of the companies in which the Series may invest have diverse operations, with products or services in foreign markets. Therefore, the Series may have indirect exposure to various foreign markets through investments in these companies, even if the Series is not invested directly in such markets. Generally, in determining whether to sell a security, the Manager uses the same type of analysis that it uses in buying securities in order to determine whether the security has ceased to offer significant growth potential, has become overvalued and/or whether the company prospects of the issuer have deteriorated due to a change in management, change in strategy and/or a change in its financial characteristics.
The Manager also may sell a security to reduce the Series holding in that security, to take advantage of what it believes are more attractive investment opportunities, when a securitys valuation reaches the Managers fair value targets, or to raise cash.
C000017166 Holdings
Top 10 holdings of Science and Technology by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Advanced Micro Devices, Inc. | 7.51% |
| NVIDIA Corp. | 6.54% |
| Lam Research Corp. | 6.30% |
| Seagate Technology Holdings PLC | 6.00% |
| Taiwan Semiconductor Manufacturing Company Ltd. | 5.98% |
| Apple, Inc. | 4.20% |
| Western Digital Corp. | 4.14% |
| Broadcom, Inc. | 4.13% |
| Samsung Electronics Co. Ltd. | 4.07% |
| Texas Instruments, Inc. | 3.86% |
C000017166 Portfolio Allocation
Asset-class allocation of Science and Technology by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.1% |
| Cash & Equivalents | 2.9% |
C000017166 Performance
Total returns for C000017166 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 43.4% |
| 1 year | 64.6% |
| 3 years (annualised) | 40.5% |
| 5 years (annualised) | 18.8% |
C000017166 Risk Information
Risk metrics for C000017166, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 28.3%
C000017166 Costs and Fees
C000017166 costs about $115 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.15%
- Gross expense ratio: 1.15%
- Portfolio turnover: 77%
- Brokerage commissions: 2.65 bps of average net assets (SEC N-CEN)
C000017166 Cashflows
Over the 12 months to 2026-06, Science and Technology had net inflows of $38.47M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$9.54M |
| 2026-05 | $107.74M |
| 2026-04 | −$31.70M |
| 2026-03 | −$15.27M |
| 2026-02 | −$22.69M |
| 2026-01 | −$18.68M |
C000017166 Debt Constituents
No individual debt constituents are reported in Science and Technology's latest SEC N-PORT filing.
C000017166 Prospectus and SEC Filings
Official Science and Technology filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-29
- Prospectus (485BPOS) — filed 2025-04-29
- Prospectus (485BPOS) — filed 2024-04-29
- Portfolio holdings (N-PORT) — filed 2026-08-24
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-03-16
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other United States Large Cap Growth Information Technology Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.