About WMGAX
The Macquarie Mid Cap Growth Fund Class A is an actively managed mutual fund focused on capital appreciation by investing primarily in U.S. mid-capitalization companies. The fund selects common stocks of firms that demonstrate strong balance sheets, profitability, and attractive growth prospects, typically targeting businesses with market capitalizations similar to those in the Russell Midcap Growth Index. Its investment process incorporates a balance of growth assessment and valuation, seeking companies classified as Greenfield Growth, Stable Growth, or Unrecognized Growth, while applying risk management at each stage of portfolio construction. The fund maintains a diversified portfolio, with top holdings spanning sectors such as technology, real estate, healthcare, industrials, and consumer cyclicals. Notable portfolio companies include CoStar Group, Monolithic Power Systems, and IDEXX Laboratories. With billions in assets under management, the fund plays a significant role in providing investors exposure to the mid-cap growth segment within the broader U.S. equity market, catering to those seeking growth opportunities beyond large-cap stocks.
Fund Family Nomura
Category Mid-Cap Growth
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol WMGAX
Share Class Class A
Index Russell MidCap Growth TR
WMGAX had a total return of -3.92% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.05%.
