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Ivy Micro Cap Growth C (IGWCX) Fund Ranking and Research

Ranking, Research and Recommendation of Ivy Micro Cap Growth C (IGWCX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Ivy Micro Cap Growth C Fund (IGWCX) ManagerFund Manager - John Bichelmeyer

Fund Manager Information

Fund Manager Tenure: 3.9 years
Similar Funds: IGWAX  IGWBX  IGWIX  IGWYX 
Fund Family: Ivy Funds
Fund Category: Small Growth
Fund Performance: May 30, 2016
Fundmojo Fund Grade: E (Score: 0.39)     (What does this score mean?)

 

Graph of Ivy Micro Cap Growth C Fund (IGWCX) ProfileIvy Micro Cap Growth C Fund (IGWCX) Profile

Fund Profile and Description

Ivy Micro Cap Growth C Fund seeks long-term capital appreciation. Ivy Micro Cap Growth C Fund invests at least 80% of net assets in equity securities of micro cap companies which are companies with float-adjusted market capitalizations below $1 billion. It primarily invests in common stock and may invest up to 25% of total assets in foreign securities. The subadvisor utilizes a bottom-up stock selection process and seeks to invest in securities of companies that it believes exhibit extraordinary earnings growth, earnings surprise potential, fundamental strength and management vision.

 

Ivy Micro Cap Growth C (IGWCX) Fund Strength What we like about Ivy Micro Cap Growth C (IGWCX) Fund

Data for Ivy Micro Cap Growth C Fund (IGWCX) as of May 30, 2016

  • Ivy Micro Cap Growth C Fund (IGWCX) management has been with Ivy Micro Cap Growth C Fund for 3.9 years
  • Ivy Micro Cap Growth C Fund (IGWCX) has an annual stock turnover rate of 47.00% vs Small Growth average of 63.11%. It is good that Ivy Micro Cap Growth C management does not trade extensively for its return.

Ivy Micro Cap Growth C Fund (IGWCX) Weakness What we are cautious about Ivy Micro Cap Growth C (IGWCX) Fund

Data for Ivy Micro Cap Growth C Fund (IGWCX) as of May 30, 2016

  • Ivy Micro Cap Growth C Fund (IGWCX) has a less-than-ideal short-term performance (1-year return -16.59% vs -7.74% Small Growth category median performance)
  • Ivy Micro Cap Growth C Fund (IGWCX) has a less-than-ideal mid-term performance (3-year return 2.22% vs 6.86% Small Growth category median performance)
  • Ivy Micro Cap Growth C Fund (IGWCX) has a less-than-ideal Long-term performance (5-year return 4.11% vs 7.01% Small Growth category median performance)
  • Ivy Micro Cap Growth C Fund (IGWCX) ratio of up-years vs down years can be improved
  • Ivy Micro Cap Growth C Fund (IGWCX) has a Morningstar rating of 3 and below
  • Ivy Micro Cap Growth C Fund (IGWCX) does not have a good risk adjusted return as its 3-year Alpha of -6.68 is worse than category average of -3.8, and its 3-year Sharpe ratio is 0.21
  • Ivy Micro Cap Growth C Fund (IGWCX) is more volatile than its peers as it has a 3-year Standard Deviation of 18.64 that is higher than category average of 15.82
  • Ivy Micro Cap Growth C Fund (IGWCX) has a higher expense ratio of 2.39% than its Small Growth average of 1.31%
  • Ivy Micro Cap Growth C Fund (IGWCX) carries a 1% load
See Ivy Micro Cap Growth C Fund (IGWCX) performance details as of May 30, 2016

 

What do you think?

 

Compare Ivy Micro Cap Growth C Fund (IGWCX)Compare with other top Small Growth category mutual funds

Aadditional top Small Growth mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Ivy Micro Cap Growth C-4.42-16.592.224.11
Thrivent Small Cap Stock A (AASMX)5.33-2.128.136.23Compare
Invesco Small Cap Growth A (GTSAX)2.31-6.349.449.20Compare
Brown Advisory Small-Cap Growth Inv (BIASX)1.441.9610.719.36Compare

See top fund managers for Small Growth Category Funds

 

Compare Ivy Micro Cap Growth C Fund (IGWCX)Compare with Small Growth category ETFs

Some Small Growth ETFs for your consideration

ETFYear to DateOne YearThree Year
First Trust Small Cap Gr AlphaDEX ETF (FYC)2.08%0.72%8.41%
iShares S&P Small-Cap 600 Growth (IJT)3.38%0.39%10.55%
SPDR S&P 600 Small Cap Growth ETF (SLYG)3.30%0.18%10.49%
Vanguard S&P Small-Cap 600 Growth ETF (VIOG)2.78%0.08%10.38%
Vanguard Small-Cap Growth ETF (VBK)000

 

Graph of Ivy Micro Cap Growth C Fund (IGWCX) Net Asset TrackingIvy Micro Cap Growth C (IGWCX) Fund Net Asset

Track net asset change of Ivy Micro Cap Growth C fund (IGWCX)

DateNet Asset
05/2016$158.73M
03/2016$148.51M
02/2016$154.76M
More historic net asset information on Ivy Micro Cap Growth C Fund (IGWCX)

  

Graph of Ivy Micro Cap Growth C Fund (IGWCX) Portfolio TrackingIvy Micro Cap Growth C (IGWCX) Fund Portfolio Allocation

Track portfolio allocation change of Ivy Micro Cap Growth C fund (IGWCX)

DateCashStockBondOther
03/20162.25%94.18%2.54%1.03%
12/20151.7%93.9%1.69%2.71%
09/20153.65%93.78%2.57%0%
Click here to see more historic asset allocation information on Ivy Micro Cap Growth C Fund (IGWCX)

 

graph of Ivy Micro Cap Growth C Fund (IGWCX) Top 10 Position TrackingTop 10 Holdings in Ivy Micro Cap Growth C (IGWCX) Fund

Discover what Ivy Micro Cap Growth C Fund (IGWCX) manager is buying

Mar 30, 2016
Tile Shop Hldgs, Inc. [3.84%]
8x8 Inc [3.61%]
Nautilus, Inc. Common Stock [3.35%]
Motorcar Parts of America, Inc. [3.03%]
MYR Group, Inc. [2.84%]
Cornerstone OnDemand, Inc. [2.74%]
Zix Corporation [2.72%]
Intersect ENT, Inc. [2.7%]
Toyota Mtr Cr FRN [2.54%]

Dec 30, 2015
8x8 Inc [3.38%]
Tile Shop Hldgs, Inc. [3.28%]
LogMein, Inc. [2.75%]
Rentrak Corporation [2.63%]
Intersect ENT, Inc. [2.62%]
Zix Corporation [2.61%]
Nautilus, Inc. Common Stock [2.39%]
Cornerstone OnDemand, Inc. [2.37%]
ICU Medical, Inc. [2.17%]

Sep 29, 2015
Rentrak Corporation [2.88%]
LogMein, Inc. [2.69%]
Flotek Industries, Inc. Common [2.61%]
Toyota Mtr Cr FRN [2.57%]
8x8 Inc [2.35%]
Tile Shop Hldgs, Inc. [2.31%]
Cornerstone OnDemand, Inc. [2.18%]
Zix Corporation [2.08%]
Nautilus, Inc. Common Stock [2.06%]
ICU Medical, Inc. [2.03%]
Click here for Stock Holding Change Map in Ivy Micro Cap Growth C Fund (IGWCX)

  

Latest News on Ivy Micro Cap Growth C (IGWCX) Fund

See what is happening with Ivy Micro Cap Growth C Fund (IGWCX)

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Ivy Micro Cap Growth C Fund (IGWCX) Related ResourcesSee more information on Ivy Micro Cap Growth C (IGWCX) Fund

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