VY FMR Diversified Mid Cap S Fund (IFDSX - Free Report) a Zacks Rank #2 (Buy) was incepted in October 2000. The objective of IFDSX is to seek capital growth for the long run. IFDSX invests the bulk portion of its assets in securities of mid-cap companies. Mid-cap companies are expected to be those companies whose market-cap is similar to market-caps of companies from the S&P MidCap 400 Index or the Russell Midcap Index.
This Global - Equity product, as of the last filing, allocates their fund in four major groups; Large Value, Small Value Large Growth and Small Growth. Further, as of the last filing, Global Payments Inc, Boston Scientific Corp and S&P Global Inc were the top holdings for IFDSX.
The VY FMR Diversified Mid Cap S fund, managed by ING Fund Trust, carries an expense ratio of 0.89%. Moreover, IFDSX requires a minimal initial investment of $0.
IFDSX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 4.7% and 5 year 9.9%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
IFDSX’s performance, as of the last filing, when compared to funds in its category was in the top 49% over the past 1 year, in the top 20% over the past 3 years, and in the 26% over the past 5 years.
Want key mutual fund info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>