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.
Fund Family Nomura
Category Foreign Large Blend
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol ICEIX
Share Class Institutional Class
Index MSCI EAFE NR USD
ICEIX had a total return of 6.34% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.89%.
