Topic: How To Invest

Ivy European Fund $13.44

IVY EUROPEAN FUND $13.44 (CWA Rating: Aggressive) holds mostly good quality stocks, although it has underperformed the benchmark Morgan Stanley indexes.

We don’t see any reason to hold a mutual fund that concentrates in Europe. If you want European exposure, consider Ivy Foreign Equity Fund (see above), or the closed-end European Equity Fund (see box this page).

Ivy European Fund is a sell.

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