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Ivy Mid Cap Growth B (WMGBX)

21.03 Up 0.07(0.33%) Sep 18

Profile as of Aug 30, 2014Get Profile for:
Ivy Mid Cap Growth B
Ivy Funds6300 Lamar Avenue, P.O. Box 29217Overland Park, KS 66202
Map
Phone: 800-777-6472
Fund Overview 
Category:Mid-Cap Growth
Fund Family:Ivy Funds
Net Assets:4.73B
Year-to-Date Return:4.53%
Yield:0.00%
Morningstar Rating:3 stars
Fund Inception Date:Jul 6, 2000
Morningstar Style Box 
Mid-Cap Growth
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Management Information 
Kimberly A. Scott
Lead Manager since Feb 9, 2001
Senior vice president of Ivy Investment Management Company since 2004 and portfolio manager since January 2001. Scott is vice president with Waddell & Reed Investment Management Co, which she joined in April 1999 as an investment analyst. She worked previously as an equity analyst at Bartlett & Company from 1994 through 1999. She served as an investment analyst with WRIMCO from April 1999 to February 2001. Scott holds the Chartered Financial Analyst designation.
Investment Information 
Min Initial Investment:750
Min Initial Investment, IRA:N/A
Min Initial Investment, AIP:150
Min Subsequent Investment:N/A
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:50
WMGBX can be purchased from 40 brokerages.

Fund Summary 
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.

Fund Operations 
Last Dividend : 0.00
Last Cap Gain (Dec 11, 2013) : 0.00
Annual Holdings Turnover (Sep 17, 2014) : 43.00%
Average for Category:53.69%
Fees & Expenses 
ExpenseWMGBXCategory Avg
Annual Report Expense Ratio (net):2.10%1.32%
Prospectus Net Expense Ratio:2.10%N/A
Prospectus Gross Expense Ratio:2.10%N/A
Max 12b1 Fee:1.00%N/A
Max Front End Sales Load:N/A5.39%
Max Deferred Sales Load: 5.00%2.26%
3 Yr Expense Projection*:958560
5 Yr Expense Projection*:1,229882
10 Yr Expense Projection*:2,2371,803
* Per $10,000 invested