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| Fund profile |
Objective
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Portfolio manager(s)
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| Delaware Small Cap Growth Fund seeks to provide long-term capital growth |
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Marshall T. Bassett (2001)
Barry S. Gladstein (2005)
Christopher M. Holland (2005)
Lori P. Wachs (2001)
Michael S. Tung, M.D. (2007)
Rudy D. Torrijos III (2005)
Delaware Management Company
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Main investment strategies
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We invest primarily in common stocks of small growth-oriented or emerging growth companies that we believe offer above average opportunities for long-term price appreciation. Under normal circumstances, the Fund will invest at least 80% of its net assets in investments of small capitalization companies (the "80% policy").
The Fund uses a bottom-up approach to security selection that seeks companies with high-expected growth in earnings and revenues, which are believed to be leaders, or are expected to be leaders, in their respective industries. This means we search for outstanding performance of individual stocks before considering the impact of economic trends. We look at estimated growth rates, price-to-earnings ratios, market capitalization and cash flows as we strive to determine how attractive a company is relative to other companies.
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| Fund information (As of 10/31/09) |
| Equity style |
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| Total net assets |
$11.7 million |
| Class A |
$6.0 million |
| Class B |
$1.2 million |
| Class C |
$3.5 million |
| Class I |
$0.0 million |
| Class R |
$1.0 million |
| Inception date |
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| Class A |
07/31/01 |
| Class B |
07/31/01 |
| Class C |
07/31/01 |
| Class I |
07/31/01 |
| Class R |
06/02/03 |
| Dividends |
Annual |
| Capital gains |
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Funds that invest small and/or mid-size company stocks typically involve greater risk, particularly in the short term, than those investing in larger, more established companies.
Effective at the close of business on May 31, 2007, no new or subsequent investments will be allowed in Class B shares of the Delaware Investments® Family of Funds except through a reinvestment of dividends or capital gains or permitted exchanges. http://www.delawareinvestments.com/Corporate/shareholder/supp_bclass.pdf
The Delaware information provided herein may be used in conjunction with the offering of shares only if preceded or accompanied by a prospectus. All Delaware Funds are offered by prospectus only. The prospectus contains more complete information on advisory fees, distribution charges, and other expenses and should be read carefully before investing or sending money. A printed copy of any Delaware Investments fund prospectus may be obtained by calling Delaware Investments at 800 523-1918.
Distributed by Delaware Distributors L.P.
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