Performance of IAK

**IAK has shown a mixed performance in recent years**. Here's a detailed analysis:

1. **Recent Performance**: As of July 24, 2024, IAK had a price of $116.44, representing a decrease of $3.45 (-0.03%) from the previous day. This indicates a slight downward trend in the immediate term.

2. **Historical Performance**: Over the past 10 years, IAK's performance has been variable. The fund has experienced positive and negative returns in different years. For instance, in 2023, it recorded a return of 17.30%, while in 2022, it saw a decrease of 5.21%. This suggests that while there are periods of strong performance, there are also years where the fund underperforms.

3. **Comparison with Benchmark**: The chart shows the fund's performance as a percentage loss or gain per year over the last 10 years against its benchmark. The benchmark's performance is represented by a dotted line. The fund's performance has not always tracked with the benchmark, indicating that its investment strategy may not be perfectly aligned with the benchmark index.

4. **Sustainability Characteristics**: It's important to note that IAK does not pursue a sustainable, impact, or ESG investment strategy. The sustainability characteristics provided are for transparency and informational purposes only and do not influence the fund's investment objective or investable universe.
5. **Technical Analysis**: Technical analysis indicates a bearish outlook. The 20-Day exponential moving average is $115.01, suggesting a sell signal. Additionally, the Relative Strength, Percent R, and Historic Volatility metrics indicate a bearish trend.
6. **Dividend Yield**: The fund has a dividend yield of 1.32%, which is relatively low compared to some of its peers.

In conclusion, while IAK has shown periods of strong performance, its recent and historical performance, along with the lack of a sustainable investment strategy and the current technical indicators, suggest a bearish outlook. Investors should consider these factors when evaluating IAK's performance and its potential as an investment option.