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Ivy Micro Cap Growth Fund Class C (IGWCX)

19.13
Net Asset Value
+0.95%
1 Day
-4.92%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
2.39%
Expense Ratio
High
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.

Performance

1 month+1.86% 3 years+2.61%
3 months+12.27% 5 years+4.13%
1 year-17.06% Since inception+13.40%
Data through --

Peer Comparisonvs. Small growth

 IGWCXCategory
Performance 5-yr return+4.13%+6.48%
Expense ratio2.39%1.34%
Risk 5 year sharpe ratio0.240.43
Net assets$158.7M$811.2M
Average market cap$666.6M$2.8B
Average P/E23.224.6
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--

Holdings

U.S. stock92.95%
Fixed income3.57%
Cash2.25%
International stock1.23%
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
TTS Tile Shop Holdings Inc3.84%
EGHT 8x8 Inc3.61%
NLS Nautilus Inc3.35%
SPWH Sportsmans Warehouse Holdings Inc3.06%
MPAA Motorcar Parts of America Inc3.03%
MYRG MYR Group Inc2.84%
CSOD Cornerstone OnDemand Inc2.74%
ZIXI Zix Corp2.72%
XENT Intersect ENT Inc2.70%
-- 2.54%

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