Key features
Investing in U.S. mid-cap growth companies demonstrating profitability, balance sheet strength and attractive valuations
Evaluating growth and valuation to identify Greenfield Growth, Stable Growth and Unrecognized Growth
Applying risk management process through every stage of the investment process and portfolio construction
Daily pricing
as of
12/12/2024
NAV 1-day net change
-0.04
Total net assets
as of
11/30/2024
All share classes
$441.0 million
Overview
Series identifiers |
CUSIP |
46600H851 |
Benchmark
Portfolio
Market cap (median) Source: FactSet
$18.7 billion
Market cap (weighted average) Source: FactSet
$24.5 billion
Portfolio turnover (last fiscal year)
30%
International equities & depositary receipts
6.2%
Cash, cash equivalents and other assets
1.3%
Top 10 holdings
as of 11/30/2024
Holdings are as of the date indicated and subject to change.
List may exclude cash and cash equivalents. Please see the Series' complete list of holdings for more information.
Holdings based by issuer.
TRADE DESK INC(PRE-REINCORPORATION)
2.49
MARKETAXESS HOLDINGS INC
2.48
FLOOR & DECOR HOLDINGS INC
2.14
Total % Portfolio in Top 10 holdings - 23.56%
Sector allocation
as of 11/30/2024
List may exclude cash, cash equivalents, and exchange-traded funds (ETFs) that are used for cash management purposes. Please see the Series’ complete list of holdings for more information.
Information technology
28.0%
Consumer discretionary
12.3%
Communication services
4.3%
Management
Kimberly Scott, CFA
-
Managing Director, Senior Portfolio Manager
-
Start date on the Fund:
February 2001
-
Years of industry experience:
37
-
Read bio
Kimberly Scott, CFA
Managing Director, Senior Portfolio Manager
- Joined Ivy Investments in 1999, acquired by Macquarie in 2021
- Based in Kansas City
Kim is a Senior Portfolio Manager and Team Lead for Macquarie Asset Management’s (MAM’s) Ivy Mid Cap Equities Team, where she is responsible for making day-to-day investment decisions for the team’s strategy.
Kim joined Ivy Investments as an Investment Analyst and was appointed Portfolio Manager in 2002.
She received a Bachelor of Science in microbiology from the University of Kansas and earned a Master of Business Administration from the University of Cincinnati. Kim holds the Chartered Financial Analyst® designation.
Bradley Halverson, CFA
-
Managing Director, Senior Portfolio Manager
-
Start date on the Fund:
November 2021
-
Years of industry experience:
22
-
Read bio
Bradley Halverson
Managing Director, Senior Portfolio Manager
- Joined Ivy Investments in 2008, acquired by Macquarie in 2021
- Based in Kansas City
Brad is a Senior Portfolio Manager for Macquarie Asset Management’s (MAM’s) Ivy Mid Cap Equities Team, where he is responsible for making day-to-day investment decisions for the team’s strategy.
Brad joined Ivy Investments as an Investment Analyst and was appointed Portfolio Manager in 2016.
Brad earned a Bachelor of Science and a Master of Science in accounting from Brigham Young University and a Master of Business Administration with an emphasis in finance and corporate strategy from the University of Michigan. Brad holds the Chartered Financial Analyst® designation.
Fees
The following table describes the fees and expenses that you may pay if you buy, hold,
and sell shares of the Series. The fee table does not reflect any fees or sales charges
imposed by variable insurance contracts. If it did, the expenses would be higher.
Annual portfolio operating expenses |
Management fees |
0.85% |
Distribution and service (12b-1) fees |
0.25% |
Other expenses |
0.07% |
Total annual series operating expenses |
1.17% |
Fee waivers and expense reimbursements1 |
(0.07%) |
Total annual series operating expenses after fee waivers and expense reimbursements |
1.10% |
Please see the prospectus and SAI for additional information.
1Net expense ratio reflects a contractual waiver of certain fees and/or expense
reimbursements from May 1, 2024 through April 30, 2025. Please see the fee table in the Series'
prospectus for more information.
Resources
Shareholder report – Annual
Shareholder report – Semi-annual