Ivy Micro Cap Growth Fund Class C (IGWCX)

24.06
Net Asset Value
+1.05%
1 Day
-5.91%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
2.35%
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, plus any borrowings for investment purposes, in equity securities of micro capitalization companies. Micro capitalization companies typically are companies with float-adjusted market capitalizations below $1 billion at the time of acquisition.

Performance

1 month+3.12% 3 years+21.09%
3 months+1.49% 5 years+16.00%
1 year+0.10% Since inception+20.41%
Data through --

Peer Comparisonvs. Small growth

 IGWCXCategory
Performance 5-yr return+16.00%+14.84%
Expense ratio2.35%1.41%
Risk 5 year sharpe ratio0.850.99
Net assets$238.3M$781.7M
Average market cap$499.0M$2.8B
Average P/E--27.4
Portfolio turnover67%67%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyIvy Funds
Fund manager & tenurePaul Ariano / 5 Years
Minimal initial investment$750.00
Minimum IRA investment--

Holdings

U.S. stock91.29%
International stock3.02%
Fixed income2.85%
Cash2.83%
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
-- Move Inc2.24%
QDEL Quidel Corp2.00%
RENT Rentrak Corp1.96%
CALD Callidus Software Inc1.87%
RGEN Repligen Corp1.74%
SPNC Spectranetics Corp1.66%
ENTA Enanta Pharmaceuticals Inc1.64%
RNET RigNet Inc1.56%
-- Toyota Mtr Cr FRN1.56%
NCS NCI Building Systems Inc1.52%

To view my watchlist

Not a member yet?

Sign up now for a free account

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.