The investment seeks to provide growth of capital. The fund seeks to achieve its objective by investing primarily in a diversified portfolio of common stocks issued by large capitalization, growth-oriented companies with above-average levels of profitability and that Waddell & Reed Investment Management Company (WRIMCO), the fund's investment manager, believes have the ability to sustain growth over the long term. Large capitalization companies typically are companies with market capitalizations of at least $10 billion at the time of acquisition. Growth-oriented companies are those whose earnings WRIMCO believes are likely to grow faster than the economy.
Fund filings (PDF) »
Daniel Becker (Started: Jul 31, 1997)
Phillip Sanders (Started: Jun 30, 2006)
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Waddell & Reed Financial Advisors, 6300 Lamar Ave, Overland Park, KS 66202, USA