Ivy Micro Cap Growth Fund Class I (IGWIX)

25.18
Net Asset Value
-0.40%
1 Day
+2.82%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
1.23%
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-2.02% 3 years+18.34%
3 months+3.62% 5 years+15.98%
1 year+11.89% Since inception+20.50%
Data through --

Peer Comparisonvs. Small growth

 IGWIXCategory
Performance 5-yr return+15.98%+15.12%
Expense ratio1.23%1.38%
Risk 5 year sharpe ratio0.680.82
Net assets$224.0M$812.0M
Average market cap$628.6M$2.9B
Average P/E--28.3
Portfolio turnover67%67%

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Fund Management and Purchase Info

Fund familyIvy Funds
Fund manager & tenurePaul Ariano / 6 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock95.63%
Cash2.28%
International stock1.59%
Fixed income0.50%
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
-- 3.57%
RGEN Repligen Corp2.35%
AERI Aerie Pharmaceuticals Inc1.94%
QDEL Quidel Corp1.81%
TWOU 2U Inc1.81%
CALD Callidus Software Inc1.76%
NLNK NewLink Genetics Corp1.62%
RTRX Retrophin Inc1.58%
PTX Pernix Therapeutics Holdings Inc1.55%
QTWO Q2 Holdings Inc1.55%

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