Macquarie Smid Cap Core Fund Y (IYSYX)
Macquarie Smid Cap Core Fund Y operates in the Asset Management industry of the Financial Services sector, headquartered in Overland Park, KS, US. The stock last traded at $24.15, up 0.21% on the session, giving a market capitalisation of $796.2M. Its beta of 1.04 implies it has historically moved more than the broad market.
The primary objective of this fund is to generate capital appreciation. It achieves this by focusing investments on a diverse range of equity securities from small- and mid-sized companies that the manager believes offer the strongest potential for increasing in value. A minimum of 80% of the fund's net assets will consistently be allocated to common stocks of these small- and mid-capitalization enterprises. Small-cap companies are generally defined as those whose market capitalization, at the time of acquisition, mirrors that of issuers within the Russell 2500TM Index. Mid-cap companies, conversely, fall within the market capitalization spectrum of the Russell Midcap® Index at the point of purchase.
Macquarie Smid Cap Core Fund Y is most often compared with the following Financial Services names: