The IVA Worldwide Fund seeks long-term growth of capital by investing in a range of securities and asset classes from markets around the world. The fund employs a flexible value investing approach and strives to be well-diversified without replicating a benchmark. As of December 31, 2013, the fund's largest holdings included Singapore government bonds, Wendel bonds, and positions in Astellas Pharma, Nestle, and gold bullion, with over half of its assets in equity and the remainder in fixed income, gold, and cash.