Waddell & Reed Advisor New Concepts Fund Class C

 (MUTF:WNCCX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-3.31%  
1 week
   
-5.99%  
4 week
   
-5.99%  
3 month
   
-1.08%  
YTD
   
-3.89%  
1 year
   
-14.69%  
3 years*   +3.94%
   
5 years*   +5.21%
   
*annualized
Best 3 month return+32.88%  
Worst 3 month return-30.70%  

Morningstar statistics

Morningstar category: Mid-Cap Growth
  Return Risk Rating
3 years Below Average Average
5 years Below Average Average
10 years Above Average Below Average
Overall Average Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets1.67B 
Front load-  
Deferred load1.00%  
Expense ratio2.26%  
Management fee-  
Fund familyWaddell & Reed 

Asset allocation

Cash0.00%  
Stocks98.08%  
Bonds0.01%  
Other1.91%  

Purchase information

Initial$750  
AIP Initial$150  
AIP Additional$50  
6.58+0.15(2.33%)
Jun 27, 8:00PM EDT Overall Morningstar RatingTM

Description

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 Waddell & Reed Investment Management Company (WRIMCO), the fund's investment manager, believes are high quality and/or offer above-average growth potential. Mid-capitalization companies typically are companies with market capitalizations within the range of companies in the Russell Midcap Growth Index at the time of acquisition.
Fund filings (PDF) »
Asset manager:
Kimberly Scott (Started: Feb 9, 2001)
Advisor Company:
Waddell & Reed Investment Management Co
Fund family reports on Morningstar »
Waddell & Reed Financial Advisors, 6300 Lamar Ave, Overland Park, KS 66202, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* -10.14 -4.67 -6.26 -0.01
Beta* 1.05 1.00 1.10 1.05
Mean annual return -0.61 0.54 0.56 0.73
R-squared* 80.71 77.89 83.66 86.68
Standard deviation 17.17 12.86 14.62 17.20
Sharpe ratio -0.44 0.50 0.45 0.45
* Against standard index

Top 10 holdings

Security Net Assets  
Fastenal Co (FAST) 3.56%  
Intuitive Surgical Inc (ISRG) 2.99%  
Zoetis Inc (ZTS) 2.95%  
Electronic Arts Inc (EA) 2.78%  
Microchip Technology Inc (MCHP) 2.73%  
CME Group Inc Class A (CME) 2.67%  
Mead Johnson Nutrition Co (MJN) 2.57%  
Fortune Brands Home & Security Inc (FBHS) 2.51%  
Northern Trust Corp (NTRS) 2.42%  
CoStar Group Inc (CSGP) 2.41%