Topic: How To Invest

Ivy Enterprise Fund $4.85

IVY ENTERPRISE FUND $4.85 invests in smaller and medium-sized companies. The $201.4 million fund has an MER of 2.42%.

The fund’s overall choice of stocks doesn’t inspire our confidence. Its top holdings are Richie Brothers Auctioneers, National Instruments, Resources Connection, Idexx Laboratories, Astral Media, Canadian Western Bank, FirstService Corp., Henry Schein and Stratasys Inc.

We think investors can do better by buying some of the other small-cap funds we recommend in Canadian Wealth Advisor.

Ivy Enterprise Fund is a sell.

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