IWGBX — Ivy Wilshire Global Allocation Fund
Data updated: 2025-09-15
IWGBX — Ivy Wilshire Global Allocation Fund. United States Multi-Cap / All-Cap Blend / Core Equity. Holdings, fees, performance and SEC filings.
IWGBX Fund Overview
IWGBX — Ivy Wilshire Global Allocation Fund is a US mutual fund managed by Ivy Funds, categorised as United States Multi-Cap / All-Cap Blend / Core 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 Funds
- Category: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $448.65M
- 1-year return: -0.5%
- Ticker: IWGBX
- SEC CIK: 0000883622
- SEC series ID: S000058121
- Share class ID: C000190311
IWGBX Investment Objective and Strategy
Ivy Wilshire Global Allocation Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Ivy Funds.
Investment objective
To seek to provide total return.
Principal investment strategy
Ivy Wilshire Global Allocation Fund is a fund-of-funds that seeks to achieve its objective primarily by allocating its assets among a diverse group of affiliated equity and fixed-income mutual funds. The Fund invests primarily in mutual funds that are series of the Ivy Funds (each such fund is an Underlying Affiliated Fund). Each Underlying Affiliated Fund, in turn, invests in a diversified portfolio of securities from one or more of the following asset classes: domestic equity securities, foreign equity securities (from issuers in both developed and emerging markets) and bonds (both investment grade and high-yield (junk bonds)) issued by domestic and foreign corporations and governments. The Fund invests in Underlying Affiliated Funds that utilize a variety of growth or income investment strategies to seek to achieve their respective objectives.
The Underlying Affiliated Funds of the Trust are managed by IICO. Under normal circumstances, the Funds policy asset mix is 65% invested in equities and 35% invested in fixed-income. However, at any given time, the Funds permissible ranges are 45% to 85% invested in equities and 15% to 55% invested in fixed-income. Wilshire Associates Incorporated, the Funds subadviser (Wilshire), allocates certain of the Funds assets among the Underlying Affiliated Funds (the Multi-Asset Segment) using a methodology designed to provide exposure to a broad array of asset classes and investment strategies. Within the permissible ranges, Wilshire establishes a target allocation for each asset class based on each Underlying Affiliated Funds investment style and dynamically allocates and repositions the amount of the Funds assets invested in the Underlying Affiliated Funds over time based upon market and economic conditions.
The Wilshire Funds Management business unit of Wilshire is the subadviser to the Fund. Through its investments in the Underlying Affiliated Funds, the Fund will invest, under normal circumstances, at least 40% of its assets in foreign investments. IICO develops the universe of Underlying Affiliated Funds that Wilshire may consider when making allocation decisions. Wilshire monitors the Funds holdings and cash flow and, in general, manages them as needed in order to maintain the Funds target allocations. Wilshire does not intend to trade actively among the Underlying Affiliated Funds nor does it intend to attempt to capture short-term market opportunities. However, in seeking to enhance performance, Wilshire may change target allocations within the permissible ranges at any time. Wilshire may modify the above-specified target asset allocations for the Fund and also may modify, from time to time, the Underlying Affiliated Funds selected for the Fund.
In addition, from time to time Wilshire or market movements (or a combination of both) may cause the Funds investment to temporarily vary from its target percentage. Wilshire will consider rebalancing the Funds assets at least quarterly; however, it may rebalance the assets at any time that, in Wilshires judgment, a rebalance is necessary, particularly if movements in the market and portfolio activity shift the Fund near the permissible allocation ranges.
IWGBX Holdings
Top 10 holdings of Ivy Wilshire Global Allocation Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Macquarie Core Equity Fund | 31.85% |
| Macquarie International Core Equity Fund | 19.92% |
| Macquarie Diversified Income Fund | 15.84% |
| Macquarie Global Bond Fund | 14.54% |
| Macquarie Growth and Income Fund | 6.28% |
| Macquarie Value Fund | 5.20% |
| Macquarie Systematic Emerging Markets Equity Fund | 1.99% |
| Macquarie Emerging Markets Debt Corporate Fund | 1.98% |
| Macquarie Limited-Term Diversified Income Fund | 1.96% |
| Fidelity Government Portfolio | 0.07% |
IWGBX Portfolio Allocation
Asset-class allocation of Ivy Wilshire Global Allocation Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.6% |
| Cash & Equivalents | 0.3% |
IWGBX Performance
Total returns for IWGBX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -0.5% |
| 3 years (annualised) | -0.5% |
IWGBX Risk Information
Risk metrics for IWGBX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 0.1%
IWGBX Costs and Fees
IWGBX costs about $212 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.12%
- Gross expense ratio: 2.45%
- Portfolio turnover: 46%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
IWGBX Cashflows
Over the 12 months to 2025-06, Ivy Wilshire Global Allocation Fund had net outflows of $110.53M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-06 | −$4.69M |
| 2025-05 | −$7.43M |
| 2025-04 | −$9.95M |
| 2025-03 | −$9.38M |
| 2025-02 | −$11.13M |
| 2025-01 | −$7.94M |
IWGBX Debt Constituents
No individual debt constituents are reported in Ivy Wilshire Global Allocation Fund's latest SEC N-PORT filing.
IWGBX Prospectus and SEC Filings
Official Ivy Wilshire Global Allocation Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-10-28
- Prospectus (485BPOS) — filed 2023-10-27
- Prospectus supplement (497) — filed 2022-11-01
- Portfolio holdings (N-PORT) — filed 2025-08-26
- Portfolio holdings (N-PORT) — filed 2025-05-29
- Portfolio holdings (N-PORT) — filed 2025-02-26
- Annual census (N-CEN) — filed 2025-09-15
- Annual census (N-CEN) — filed 2024-09-11
Related Funds
Other United States Multi-Cap / All-Cap Blend / Core 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.