Nomura Science and Technology Fund

IVY FUNDS · 6 share classes

Actively managed U.S. equity fund
One fund, 6 share classes:WSTRXWSTAXWSTCXWSTYXISTIXISTNX
$8.80B NAV
40 positions · as of 2026-06-30 · filed 2026-08-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

Nomura Science and Technology Fund is an actively managed U.S. equity fund.

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund
Features
Non-diversified

Fund profile

As filed in the prospectus · 2025 Q3

Macquarie Science and Technology Fund seeks to provide growth of capital.

Strategy · summarised

The fund invests primarily in equity securities of science and technology companies worldwide, selected through bottom-up analysis for growth potential, earnings trajectory, management quality, and competitive advantages derived from scientific or technological developments. The manager identifies secular trends within industries and typically holds 35 to 60 stocks. Because the fund is nondiversified, it may concentrate a significant portion of assets in a limited number of issuers, creating risk of larger losses if those holdings decline.

Expenses
0.84% 1.92%across 6 share classes
Share classGrossNet
WSTRX1.43%1.42%
WSTAX1.18%1.17%
WSTCX1.93%1.92%
WSTYX1.18%1.17%
ISTIX0.93%0.92%
ISTNX0.85%0.84%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 45.00% · as of 2025 Q3

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.06%
of net assets
Stocks97.01%
Cash & short-term3.05%

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Information Technology50.6%
International21.9%
Consumer Discretionary9.7%
Communication Services7.3%
3 smaller10.5%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 5 new3 exited

New: AAPL, SPCX, STMICROELECTRONICS NV, GEV, IONS

Exited: SHARKNINJA INC, INTU, INSM

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+72.45%+163.42%+99.44%28.74%-13.93%
+72.90%+165.38%+101.10%28.72%-13.90%
+71.53%+159.49%+94.79%28.70%-14.02%
+72.82%+165.31%+101.76%28.72%-13.89%
+73.30%+167.38%+103.97%28.73%-13.86%
+73.47%+168.05%+104.97%28.75%-13.84%

These classes hold the same portfolio, so the 10.18pp spread over 5 years is the cost difference between them — roughly 2.04pp a year — not a difference in what they own.

Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
ADVANCED MICRO DEVICES INCAMD7.52%$661.24M
NVIDIA CORPNVDA6.53%$574.01M
LAM RESEARCH CORPLRCX6.30%$553.97M
SEAGATE TECHNOLOGY HOLDINGS PLC5.99%$527.05M
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTDTSM5.96%$524.60M
APPLE INCAAPL4.19%$368.80M
WESTERN DIGITAL CORPWDC4.14%$363.91M
BROADCOM INCAVGO4.13%$363.14M
SAMSUNG ELECTRONICS CO LTD4.07%$358.15M
TEXAS INSTRUMENTS INCTXN3.85%$338.68M
Showing 10 of 40Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.

Top 10 positions are 52.67% of net assets, top 25 85.51%, across 40 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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