Ivy Mid Cap Growth Fund Class A (WMGAX)

22.88
Net Asset Value
+0.79%
1 Day
-1.25%
Year-to-Date
Overall Morningstar Rating
Mid-cap growth
Style or Category
5.75
Sales Expenses
1.31%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide growth of capital. The fund invests primarily in common stocks of mid-capitalization companies that the adviser believes offer above-average growth potential. Under normal circumstances, it invests at least 80% of its net assets in the securities of mid-capitalization companies, which typically are companies with market capitalizations within the range of companies in the Russell Midcap Growth Index at the time of acquisition.

Performance

1 month-2.31% 3 years+10.28%
3 months-2.14% 5 years+20.83%
1 year+19.84% Since inception+7.23%
Data through --

Peer Comparisonvs. Mid-cap growth

 WMGAXCategory
Performance 5-yr return+20.83%+22.17%
Expense ratio1.31%1.36%
Risk 5 year sharpe ratio1.411.28
Net assets$4.8B$1.3B
Average market cap$7.1B$8.4B
Average P/E27.626.2
Portfolio turnover32%32%

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Fund Management and Purchase Info

Fund familyIvy Funds
Fund manager & tenureKimberly Scott / 13 Years
Minimal initial investment$500.00
Minimum IRA investment--

Holdings

U.S. stock94.63%
Fixed income3.60%
International stock1.42%
Cash0.35%
Other0.00%
Top 5 Sectors
Portfolio weighting
Consumer service 19.62%
Financial service 14.03%
Industrial materials 12.32%
Healthcare 10.36%
Hardware 9.54%
Top 10 Holdings
Portfolio weighting
NTRS Northern Trust Corporation2.73%
MCHP Microchip Technology, Inc.2.52%
FAST Fastenal Company2.24%
FRC First Republic Bank (San Francisco, CA)2.23%
SBNY Signature Bank2.15%
FBHS Fortune Brands Home & Security Inc2.12%
VAR Varian Medical Systems, Inc.2.10%
VNTV Vantiv Inc2.09%
EXPD Expeditors International of Washington, Inc.2.07%
MJN Mead Johnson Nutrition Company2.04%

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