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Ivy Mid Cap Growth Fund Class A (WMGAX)

20.86
Net Asset Value
-2.84%
1 Day
-7.49%
Year-to-Date
Overall Morningstar Rating
Mid-cap growth
Style or Category
5.75
Sales Expenses
1.29%
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, it invests at least 80% of its net assets 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.

Performance

1 month-9.81% 3 years+10.82%
3 months-11.35% 5 years+12.63%
1 year-5.09% Since inception+7.20%
Data through --

Peer Comparisonvs. Mid-cap growth

 WMGAXCategory
Performance 5-yr return+12.63%+16.81%
Expense ratio1.29%1.31%
Risk 5 year sharpe ratio1.041.07
Net assets$4.9B$1.4B
Average market cap$9.7B$9.8B
Average P/E25.025.2
Portfolio turnover35%35%

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Fund Management and Purchase Info

Fund familyIvy Funds
Fund manager & tenureKimberly Scott / 14 Years
Minimal initial investment$750.00
Minimum IRA investment--

Holdings

U.S. stock96.61%
Cash1.75%
International stock1.13%
Fixed income0.51%
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 Trust3.19%
EA Electronic Arts Inc2.77%
ISRG Intuitive Surgical2.67%
SBNY Signature Bank2.46%
EXPD Expeditors International of Washington Inc2.31%
FRC First Republic Bank2.26%
BMRN Biomarin Pharmaceutical Inc2.18%
MCHP Microchip Technology Inc2.15%
FBHS Fortune Brands Home & Security Inc2.09%
DNKN Dunkin' Brands Group Inc2.06%

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