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
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 the advisor 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.


1 month-1.10% 3 years+8.92%
3 months+8.14% 5 years+11.83%
1 year+26.34% Since inception+7.79%
Data through --

Peer Comparisonvs. Mid-cap growth

Performance 5-yr return+11.83%+13.73%
Expense ratio1.35%1.21%
Risk 5 year sharpe ratio1.061.15
Net assets$2.5B$1.6B
Average market cap$11.9B$12.9B
Average P/E31.828.7
Portfolio turnover14%14%

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Fund Management and Purchase Info

Fund familyIvy Funds
Fund manager & tenureKimberly Scott / 16 Years
Minimal initial investment$750.00
Minimum IRA investment--


U.S. stock93.62%
International stock5.33%
Fixed income1.05%
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
FAST Fastenal Co3.66%
ISRG Intuitive Surgical3.12%
CSGP CoStar Group Inc2.95%
PII Polaris Industries Inc2.95%
ZTS Zoetis Inc2.93%
TSCO Tractor Supply Co2.76%
GRUB GrubHub Inc2.54%
MELI MercadoLibre Inc2.54%
CME CME Group Inc2.53%
TIF Tiffany & Co2.43%