The Ivy European Opportunities Fund – Class A (IEOAX) fell a sharp 6.8% in 1Q16, placing it firmly at the bottom of the pack of 12 funds in this review.
The Ivy European Opportunities Fund – Class A’s (IEOAX) assets were spread across 77 holdings as of March 2016. It was managing assets worth $224 million.
The Swedish krona strengthened against the US dollar on November 30, 2015, as growth in the third quarter GDP rose past expectations, signaling increasing strength in the economy.
The Swedish krona gained against the US dollar on October 5, 2015, on a slew of macroeconomic releases that provided optimism to the Scandinavian currency.
The US dollar–Swedish krona pair increased by 0.65% on September 28, as the trade deficit widened in August. This occurred amid a decrease in exports compared to an increase in imports.
Given the sanctions it has imposed on its Western allies and Australia, Russia now intends to increase food imports from Ecuador, Brazil, Chile, and Argentina.
