The fund underwent a 15 to 1 stock split in December 2022. On the date of the stock split, units on issue in the fund increased by 15 times and the unit price decreased by 15 times. Investors holding units in the fund prior to the stock split received 15 units for every pre-split unit held with no impact to the value of the investment
Morningstar Medalist RatingTMAs of 8 February 2023
The fund underwent a 15 to 1 stock split in December 2022. On the date of the stock split, units on issue in the fund increased by 15 times and the unit price decreased by 15 times. Investors holding units in the fund prior to the stock split received 15 units for every pre-split unit held with no impact to the value of the investment
Morningstar Medalist RatingTMAs of 8 February 2023
Overview
Why IVV?
1. Exposure to large, established U.S. companies
2. Low cost access to the top 500 U.S. stocks in a single fund
3. Use to diversify internationally and seek long-term growth opportunities in your portfolio
INVESTMENT OBJECTIVE
The fund aims to provide investors with the performance of the S&P 500® Index, before fees and expenses. The index is designed to measure the performance of large capitalisation US equities.
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This product is likely to be appropriate for a consumer:
• who is seeking capital growth and/or income distribution
• using the product for a core component of their portfolio or less
• with a minimum investment timeframe of 5 years, and
• with a medium to high risk/return profile