Ivy Mid Cap Growth Fund Class A (WMGAX)

Net Asset Value
1 Day
Overall Morningstar Rating
Mid-cap growth
Style or Category
Sales Expenses
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide growth of capital. The fund seeks to achieve its objective by investing primarily in common stocks of mid-capitalization companies that IICO believes are high quality and/or offer above-average growth potential. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in the securities of mid-capitalization companies, which, for purposes of this fund, typically are companies with market capitalizations within the range of companies in the Russell Midcap Growth Index at the time of acquisition.


1 month+1.28% 3 years+18.02%
3 months+3.29% 5 years+15.75%
1 year+10.54% Since inception+7.37%
Data through --

Peer Comparisonvs. Mid-cap growth

Performance 5-yr return+15.75%+14.82%
Expense ratio1.34%1.35%
Risk 5 year sharpe ratio1.091.02
Net assets$5.1B$1.3B
Average market cap$8.1B$9.1B
Average P/E25.224.3
Portfolio turnover43%43%

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Fund Management and Purchase Info

Fund familyIvy Funds
Fund manager & tenureKimberly Scott / 13 Years
Minimal initial investment$750.00
Minimum IRA investment--


U.S. stock92.32%
Fixed income5.61%
International stock2.07%
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 Corp2.72%
EA Electronic Arts Inc2.69%
ISRG Intuitive Surgical Inc2.51%
MCHP Microchip Technology Inc2.36%
MJN Mead Johnson Nutrition Co2.25%
FAST Fastenal Co2.15%
ULTA Ulta Salon Cosmetics & Fragrances Inc2.09%
ROST Ross Stores Inc2.05%
LKQ LKQ Corp2.05%
HAIN Hain Celestial Group Inc2.04%

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