Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Ivy Micro Cap Growth Fund Class C (IGWCX)

22.63
Net Asset Value
+1.48%
1 Day
+12.48%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
2.42%
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+4.91% 3 years+2.93%
3 months+16.95% 5 years+14.47%
1 year+11.80% Since inception+15.00%
Data through --

Peer Comparisonvs. Small growth

 IGWCXCategory
Performance 5-yr return+14.47%+7.26%
Expense ratio2.42%1.33%
Risk 5 year sharpe ratio0.630.76
Net assets$167.4M$874.1M
Average market cap$682.2M$3.0B
Average P/E28.526.1
Portfolio turnover84%84%

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 & tenureJohn Bichelmeyer / 1 Years
Minimal initial investment$750.00
Minimum IRA investment--

Holdings

U.S. stock95.61%
Cash2.00%
Fixed income1.22%
International stock1.18%
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
EGHT 8x8 Inc4.41%
TTS Tile Shop Holdings Inc4.31%
SPSC SPS Commerce Inc3.41%
CSOD Cornerstone OnDemand Inc3.07%
LOGM LogMeIn Inc3.07%
NLS Nautilus Inc2.99%
FTK Flotek Industries Inc2.99%
MYRG MYR Group Inc2.63%
QTWO Q2 Holdings Inc2.63%
-- 2.60%