4 / 5 Stars
3 2 3 1 1
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#89 in Mid-Cap Growth
U.S. News evaluated 222 Mid-Cap Growth Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 29.17 percent over the past year, 13.74 percent over the past three years, 20.32 percent over the past five years, and 10.34 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-0.8%|
|3 Years (Annualized)||13.7%|
|5 Years (Annualized)||20.3%|
|10 Years (Annualized)||10.3%|
The investment seeks to maximize capital appreciation. The fund uses a growth style of investment in equity securities and it normally invests at least 80% of its net assets (plus the amount of borrowings for investment purposes) in the equity securities of U.S. mid cap companies. The investment adviser currently considers a company to be a mid cap company if it is within the same market capitalization range at the time of investment as those included in the Russell Midcap Growth Index. The fund may invest in companies with limited operating histories. It is non-diversified.
Fees are High compared to funds in the same category.
Driehaus Mid Cap Growth Fund has an expense ratio of 1.75 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.