Nomura Smid Cap Core Fund;Y

Frequently Asked Questions About IYSYX

What does IYSYX invest in?

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.

What is the expense ratio of IYSYX?

Nomura Smid Cap Core Fund;Y (IYSYX) charges an expense ratio of 1.14%. This is the annual fee deducted from fund assets to cover management and operations.

How big is IYSYX?

Nomura Smid Cap Core Fund;Y (IYSYX) manages $647.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is IYSYX actively managed or an index fund?

IYSYX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (IYSYX's is 1.14%) in exchange for the discretion to over- or under-weight positions.

When was IYSYX launched?

Nomura Smid Cap Core Fund;Y (IYSYX) launched in December 2003 and is managed by Nomura.

How has IYSYX performed?

IYSYX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.