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Ivy Micro Cap Growth Fund Class C (IGWCX)

Net Asset Value
1 Day
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks to provide growth of capital. The fund seeks to achieve its objective by investing, under normal circumstances, at least 80% of its net assets in equity securities of micro capitalization companies. The fund's investment manager utilizes a bottom-up stock selection process and seeks to invest in securities of early-stage growth companies that are expected to benefit from areas of the economy that demonstrate the ability to grow meaningfully faster than overall gross domestic product for a sustained period of time.


1 month+2.75% 3 years+11.94%
3 months-4.71% 5 years+8.19%
1 year-3.62% Since inception+15.85%
Data through --

Peer Comparisonvs. Small growth

Performance 5-yr return+8.19%+12.11%
Expense ratio2.39%1.37%
Risk 5 year sharpe ratio0.520.78
Net assets$188.8M$770.2M
Average market cap$695.3M$2.8B
Average P/E26.226.9
Portfolio turnover47%47%

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Fund Management and Purchase Info

Fund familyIvy Funds
Fund manager & tenureJohn Bichelmeyer / 0 Years
Minimal initial investment$750.00
Minimum IRA investment--


U.S. stock92.73%
Fixed income2.57%
International stock1.05%
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
RENT Rentrak Corp2.88%
LOGM LogMeIn Inc2.69%
FTK Flotek Industries Inc2.61%
-- 2.57%
EGHT 8x8 Inc2.35%
TTS Tile Shop Holdings Inc2.31%
CSOD Cornerstone OnDemand Inc2.18%
ZIXI Zix Corp2.08%
NLS Nautilus Inc2.06%
ICUI ICU Medical Inc2.03%

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