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 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).


1 month-11.28% 3 years+12.03%
3 months-8.47% 5 years+22.93%
1 year+33.14% Since inception+25.54%
Data through --

Peer Comparisonvs. Small growth

Performance 5-yr return+22.93%+24.46%
Expense ratio2.55%1.44%
Risk 5 year sharpe ratio1.231.28
Net assets$266.0M$872.8M
Average market cap$662.1M$2.8B
Average P/E24.128.0
Portfolio turnover51%51%

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Fund Management and Purchase Info

Fund familyIvy Funds
Fund manager & tenureWilliam Jeffery, III / 5 Years
Minimal initial investment$500.00
Minimum IRA investment--


U.S. stock92.00%
International stock3.45%
Fixed income1.46%
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
QDEL Quidel Corporation2.02%
SPNC Spectranetics Corporation1.91%
CALD Callidus Software, Inc.1.90%
NGVC Natural Grocers by Vitamin Cottage Inc1.81%
ENV Envestnet, Inc.1.78%
RNET RigNet, Inc.1.64%
THRM Gentherm Inc1.55%
ACAT Arctic Cat, Inc.1.54%
MOVE Move, Inc.1.53%
ENTA Enanta Pharmaceuticals Inc1.53%

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