Macquarie International Core Equity Fund Class I (ICEIX)
| Fund Assets | 1.55B |
| Expense Ratio | 0.79% |
| Min. Investment | $0.00 |
| Turnover | 42.00% |
| Dividend (ttm) | 0.17 |
| Dividend Yield | 0.69% |
| Dividend Growth | -68.66% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 24.91 |
| YTD Return | 21.01% |
| 1-Year Return | 16.61% |
| 5-Year Return | 70.23% |
| 52-Week Low | 19.62 |
| 52-Week High | 24.96 |
| Beta (5Y) | n/a |
| Holdings | 67 |
| Inception Date | Apr 2, 2007 |
About ICEIX
The Macquarie International Core Equity Fund Institutional Class is an actively managed mutual fund focused on achieving capital growth and long-term appreciation by investing primarily in equity securities of companies located outside the United States. Employing a core investment style, the fund targets a diversified mix of established businesses across developed international and select emerging markets. Its investment strategy emphasizes companies with robust, self-sustaining business models, aiming to identify opportunities where the market undervalues growth durability or overlooks positive structural changes. The fund allocates its assets across a broad array of sectors, including technology, financial services, healthcare, consumer cyclical, and industrials, reflecting its commitment to diversification. Notable holdings often include internationally recognized firms from both developed and emerging markets. Managed by an experienced team employing bottom-up analysis and disciplined risk controls, the fund typically maintains a concentrated portfolio of approximately 50 to 70 stocks. This approach seeks to minimize unquantifiable risks while allowing well-researched, company-specific factors to drive performance. The fund serves institutional investors seeking broad, core international equity exposure with a focus on consistent, risk-aware returns within the global equity landscape.
Performance
ICEIX had a total return of 16.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.88%.
Top 10 Holdings
26.17% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 4.09% |
| Deutsche Telekom AG | DTE | 3.14% |
| MercadoLibre, Inc. | MELI | 3.00% |
| SAP SE | SAP | 2.46% |
| ING Groep N.V. | INGA | 2.39% |
| Mitsubishi UFJ Financial Group, Inc. | 8306 | 2.27% |
| Adyen N.V. | ADYEN | 2.26% |
| Alcon Inc. | ALC | 2.23% |
| Sea Limited | SE | 2.22% |
| Haleon plc | HLN | 2.12% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.17241 | Dec 16, 2024 |
| Dec 15, 2023 | $0.55005 | Dec 18, 2023 |
| Dec 15, 2022 | $0.190 | Dec 16, 2022 |
| Dec 16, 2021 | $0.5955 | Dec 16, 2021 |
| Dec 10, 2020 | $0.2538 | Dec 10, 2020 |
| Dec 12, 2019 | $0.4986 | Dec 12, 2019 |