DSMDX – Driehaus Small/Mid Cap Growth Investment Strategy | Morningstar

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Strategy

The investment seeks to maximize capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets (plus the amount of borrowings for investment purposes) in the equity securities of U.S. small-capitalized (“small-cap”) and U.S. medium-capitalized (“mid-cap”) companies (together, “Small/Mid cap” companies). For purposes of the fund, the investment adviser defines Small/Mid cap companies as companies whose market capitalizations at the time of investment fall within the range of the Russell 2000® Growth Index and the Russell MidCap® Growth Index.

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
DSMDX	Driehaus Small/Mid Cap Growth Fund	No Load	Open			May 1, 2020	$101.28M	0.800%	Below Average	$10,000	$29.89M

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