Ivy Micro Cap Growth Fund Class B (IGWBX)

23.16
Net Asset Value
+0.30%
1 Day
-8.31%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
2.90%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks to provide growth of capital. The fund invests, under normal circumstances, at least 80% of its net assets in equity securities of micro cap companies. Micro cap companies typically are companies with float-adjusted market capitalizations below $1 billion at the time of acquisition. It primarily invests in common stock, which may include common stocks that are offered in initial public offerings (IPOs).

Performance

1 month-6.65% 3 years+12.06%
3 months-1.82% 5 years+16.35%
1 year+9.04% Since inception+22.46%
Data through --

Peer Comparisonvs. Small growth

 IGWBXCategory
Performance 5-yr return+16.35%+19.88%
Expense ratio2.90%1.42%
Risk 5 year sharpe ratio0.931.10
Net assets$256.5M$832.2M
Average market cap$613.9M$2.8B
Average P/E--26.9
Portfolio turnover67%67%

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Fund Management and Purchase Info

Fund familyIvy Funds
Fund manager & tenureWilliam Jeffery, III / 5 Years
Minimal initial investment$750.00
Minimum IRA investment--

Holdings

U.S. stock87.00%
Cash6.76%
Fixed income4.67%
International stock1.56%
Other0.00%
Top 5 Sectors
Portfolio weighting
Healthcare 14.90%
Hardware 14.00%
Business service 13.23%
Media 10.15%
Consumer service 8.55%
Top 10 Holdings
Portfolio weighting
BAS Basic Energy Services Inc2.04%
NGVC Natural Grocers by Vitamin Cottage Inc1.89%
IWO iShares Russell 2000 Growth1.85%
THRM Gentherm Inc1.83%
RNET RigNet Inc1.69%
QDEL Quidel Corp1.69%
ENTA Enanta Pharmaceuticals Inc1.67%
CALD Callidus Software Inc1.63%
RENT Rentrak Corp1.61%
MOV Movado Group Inc1.36%

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