The Delaware Ivy Asset Strategy Fund Class A (WASAX) is a mutual fund that aims to provide investors with a diversified portfolio of assets to achieve long-term growth. The fund is managed by Delaware Investments and utilizes a multi-asset strategy, investing in a mix of stocks, bonds, and other securities. This approach allows the fund to adapt to changing market conditions and potentially generate higher returns while managing risk. With a focus on capital appreciation, the Delaware Ivy Asset Strategy Fund Class A is suitable for investors seeking a balanced and actively managed investment option.