Ivy Micro Cap Growth Fund Class Y (IGWYX)

24.03
Net Asset Value
-0.70%
1 Day
-10.74%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
1.50%
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-3.80% 3 years+23.33%
3 months-9.59% 5 years+15.22%
1 year-1.15% Since inception+18.87%
Data through --

Peer Comparisonvs. Small growth

 IGWYXCategory
Performance 5-yr return+15.22%+19.88%
Expense ratio1.50%1.41%
Risk 5 year sharpe ratio0.880.98
Net assets$235.1M$806.8M
Average market cap$553.2M$2.8B
Average P/E--25.4
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--

Holdings

U.S. stock94.39%
International stock2.88%
Fixed income2.73%
Cash0.00%
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
-- Toyota Mtr Cr FRN2.73%
BAS Basic Energy Services Inc2.35%
ENTA Enanta Pharmaceuticals Inc2.03%
RNET RigNet Inc1.94%
RGEN Repligen Corp1.82%
CALD Callidus Software Inc1.71%
AERI Aerie Pharmaceuticals Inc1.61%
RENT Rentrak Corp1.57%
MOVE Move Inc1.46%
QDEL Quidel Corp1.45%

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