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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+3.81% 3 years+8.56%
3 months+7.39% 5 years+12.11%
1 year+22.44% Since inception+7.45%
Data through --

Peer Comparisonvs. Mid-cap growth

Performance 5-yr return+12.11%+12.62%
Expense ratio1.35%1.22%
Risk 5 year sharpe ratio1.081.18
Net assets$2.4B$1.5B
Average market cap$11.0B$12.1B
Average P/E31.929.4
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. stock93.90%
International stock4.97%
Fixed income0.00%
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
ISRG Intuitive Surgical3.65%
ZTS Zoetis Inc3.34%
FAST Fastenal Co3.28%
CSGP CoStar Group Inc2.89%
EA Electronic Arts Inc2.89%
PII Polaris Industries Inc2.66%
CME CME Group Inc2.54%
BWA BorgWarner Inc2.43%
NOW ServiceNow Inc2.36%
TSCO Tractor Supply Co2.36%