3 / 5 Stars
5 5 1 1 3
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 215 Small 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 40.28 percent over the past year, 16.01 percent over the past three years, and 26.81 percent over the past five years.
|Trailing Returns||Updated 03.31.2014|
|Year to date||3.9%|
|3 Years (Annualized)||16.0%|
|5 Years (Annualized)||26.8%|
|10 Years (Annualized)||N/A|
The investment seeks to provide growth of capital. The fund invests, under normal circumstances, at least 80% of its net assets in equity securities of micro cap companies. Micro cap companies typically are companies with float-adjusted market capitalizations below $1 billion at the time of acquisition. It primarily invests in common stock, which may include common stocks that are offered in initial public offerings (IPOs).
Fees are High compared to funds in the same category.
Ivy Micro Cap Growth Fund has an expense ratio of 2.55 percent.
Risk is High compared to funds in the same category according to Morningstar.