Ivy Micro Cap Growth Fund Class I (IGWIX)

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 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.


1 month-2.12% 3 years+16.27%
3 months+4.21% 5 years+16.70%
1 year-8.43% Since inception+21.98%
Data through --

Peer Comparisonvs. Small growth

Performance 5-yr return+16.70%+15.53%
Expense ratio1.23%1.39%
Risk 5 year sharpe ratio0.850.90
Net assets$244.1M$793.8M
Average market cap$499.0M$2.9B
Average P/E--26.6
Portfolio turnover67%67%

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Fund Management and Purchase Info

Fund familyIvy Funds
Fund manager & tenurePaul Ariano / 5 Years
Minimal initial investment$0.00
Minimum IRA investment--


U.S. stock91.29%
International stock3.02%
Fixed income2.85%
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%

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