Morningstar

Driehaus Small Cap Growth Fund Institutional Class DNSMX

Medalist Rating as of Sep 30, 2026 See Driehaus Investment Hub

Strategy

The investment seeks to maximize capital appreciation. The fund uses a growth style of investment in equity securities, including common stocks and other equity securities of issuers. Under normal market conditions, it invests at least 80% of its net assets (plus the amount of borrowings for investment purposes) in the equity securities of U.S. small-capitalization ("small cap") companies. The fund may invest in companies with limited or no operating histories.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
DVSMX	Driehaus Small Cap Growth Fund Investor Class	No Load	Limited			Aug 21, 2017	$130.99M	0.930%	Below Average	$10,000	$19.28M
DNSMX	Driehaus Small Cap Growth Fund Institutional Class	Institutional	Limited			Aug 21, 2017	$1.46B	0.690%	Low	$500,000	$332.46M

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