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-1.87% 3 years+16.04%
3 months-1.57% 5 years+16.34%
1 year+5.28% Since inception+7.29%
Data through --

Peer Comparisonvs. Mid-cap growth

Performance 5-yr return+16.34%+16.81%
Expense ratio1.34%1.32%
Risk 5 year sharpe ratio1.131.12
Net assets$5.0B$1.4B
Average market cap$9.4B$9.7B
Average P/E24.525.7
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--


U.S. stock94.84%
International stock2.60%
Fixed income2.34%
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
EA Electronic Arts Inc3.10%
NTRS Northern Trust3.00%
ISRG Intuitive Surgical2.82%
EXPD Expeditors International of Washington Inc2.33%
MJN Mead Johnson Nutrition Co2.33%
MCHP Microchip Technology Inc2.30%
SBNY Signature Bank2.19%
FRC First Republic Bank2.12%
HAIN Hain Celestial Group Inc2.09%
ULTA Ulta Salon Cosmetics and Fragrance Inc2.06%

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