About IYITX
Macquarie International Core Equity Fund Class R is a mutual fund designed to provide investors with exposure to a diversified portfolio of international equities. Its primary objective is to invest in companies outside the United States that feature robust, self-sustaining business models and are considered attractively valued, with an emphasis on growth compounding businesses and high-quality cyclicals. The fund operates within the Foreign Large Blend category and seeks to achieve returns that outperform its benchmark, the MSCI ACWI ex USA Index, while maintaining a risk profile similar to that benchmark.
A notable aspect of the fund is its sector and regional diversification, holding top positions in industries such as technology, consumer defensive, industrials, healthcare, communication services, and financial services. Key holdings include multinational firms like Taiwan Semiconductor Manufacturing, Dollarama, Airbus, and Novo Nordisk, among others. By allocating less than 20% of assets to U.S. stocks, the fund provides broad international diversification and is structured for retirement investors seeking potential long-term capital growth and global market participation.
Fund Family Nomura
Category Foreign Large Blend
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol IYITX
Share Class Class R
Index MSCI EAFE NR USD
IYITX had a total return of 11.28% in the past year, including dividends.
Since the fund's inception, the average annual return has been 6.95%.
