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Ivy Mid Cap Growth Fund Class A (WMGAX)

20.49
Net Asset Value
+0.49%
1 Day
+7.28%
Year-to-Date
Overall Morningstar Rating
Mid-cap growth
Style or Category
5.75
Sales Expenses
1.29%
Expense Ratio
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+6.39% 3 years+6.64%
3 months+6.17% 5 years+8.65%
1 year-1.81% Since inception+6.32%
Data through --

Peer Comparisonvs. Mid-cap growth

 WMGAXCategory
Performance 5-yr return+8.65%+7.93%
Expense ratio1.29%1.26%
Risk 5 year sharpe ratio0.510.59
Net assets$2.9B$1.2B
Average market cap$9.1B$9.7B
Average P/E26.324.4
Portfolio turnover38%38%

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Fund Management and Purchase Info

Fund familyIvy Funds
Fund manager & tenureKimberly Scott / 15 Years
Minimal initial investment$750.00
Minimum IRA investment--

Holdings

U.S. stock98.76%
International stock1.24%
Fixed income0.00%
Cash0.00%
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
FAST Fastenal Co3.65%
ZTS Zoetis Inc3.00%
ISRG Intuitive Surgical2.92%
EA Electronic Arts Inc2.80%
CME CME Group Inc2.74%
MCHP Microchip Technology Inc2.62%
MJN Mead Johnson Nutrition Co2.54%
FBHS Fortune Brands Home & Security Inc2.47%
MAT Mattel Inc2.46%
NTRS Northern Trust2.45%

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