Ivy Micro Cap Growth Fund

Scorecard
5 / 5 Stars
Lipper
5 5 2 1 2
Zacks Investment Research
2 (Buy)
Standard & Poor's
4 / 5 Stars
TheStreet.com
C+ (Hold)

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.

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Performance

The fund has returned 56.40 percent over the past year, 19.42 percent over the past three years, and 30.78 percent over the past five years.

Trailing Returns Updated 02.28.2014
Year to date 5.8%
1 Year 56.4%
3 Years (Annualized) 19.4%
5 Years (Annualized) 30.8%
10 Years (Annualized) N/A

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Summary

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

Fees are Above Average compared to funds in the same category.
Ivy Micro Cap Growth Fund has an expense ratio of 1.60 percent.

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Risk

Risk is High compared to funds in the same category according to Morningstar.

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