Key features
Long-term focus of owning enduring business models over multi-year periods
Seeks durable, competitively advantaged companies capable of participating in rising markets and weathering disruption
Emphasis on fundamental, active stock selection driving risk and return
Daily pricing
as of
11/28/2025
NAV 1-day net change
0.15
Total net assets
as of
10/31/2025
All share classes
$8.2 billion
Overview
| Fund identifiers |
| NASDAQ |
IYGIX |
| CUSIP |
466001203 |
Benchmark and peer group
Portfolio
Market cap (median) Source: FactSet
$150.0 billion
Market cap (weighted average) Source: FactSet
$2.19 trillion
Portfolio turnover (last fiscal year)
18%
International equities & depositary receipts
3.2%
Cash, cash equivalents and other assets
1.5%
Top 10 holdings
as of 10/31/2025
Holdings are as of the date indicated and subject to change.
List may exclude cash and cash equivalents. Please see the Fund's complete list of holdings for more information.
Holdings based by issuer.
MICROSOFT CORPORATION
14.69
INTERCONTINENTAL EXCHANGE INC
2.69
Total % Portfolio in Top 10 holdings - 64.41%
Sector allocation
as of 10/31/2025
List may exclude cash, cash equivalents, and exchange-traded funds (ETFs) that are used for cash management purposes. Please see the Fund’s complete list of holdings for more information.
Information technology
52.0%
Consumer discretionary
9.2%
Communication services
5.8%
Distribution history - annual distributions (Institutional Class)1,2
Distributions ($ per share)
1If a Fund makes a distribution from any source other than net income, it is required to
provide shareholders with a notice disclosing the source of such distribution (each a "Notice"). The
amounts and sources of distributions reported above and in each Notice are only estimates and are not
provided for tax reporting purposes. Each Fund will send each shareholder a Form 1099 DIV for the
calendar year that will provide definitive information on how to report the Fund's distributions for
federal income tax purposes. The information in the table above will not be updated to reflect any
subsequent recharacterization of dividends and distributions. Click here to see recent
Notices pertaining to the Fund (if any).
2Information on return of capital distributions (if any) is only provided from June 1, 2014 onward.
3Includes both short- and long-term capital gains.
Management
Bradley Klapmeyer, CFA
-
Senior Portfolio Manager
-
Start date on the Fund:
August 2016
-
Years of industry experience:
25
-
Read bio
Bradley Klapmeyer
Senior Portfolio Manager
Brad is a Senior Portfolio Manager and Team Lead for the US Large Cap Growth Equity Team at Nomura Asset Management International, where he is responsible for making day-to-day investment decisions for the team’s strategy. He joined Nomura Asset Management as part of Nomura’s acquisition of Macquarie Asset Management’s US and European public investments business in 2025.
Previously, Brad held the same role at Macquarie Asset Management and, before that, at Ivy Investments (which was acquired by Macquarie in 2021). He joined Ivy Investments as an Investment Analyst in 2007 and was appointed Assistant Portfolio Manager in 2011 and Portfolio Manager in 2016.
Brad earned a Bachelor of Science in finance and a minor in economics from Truman State University. He holds the Chartered Financial Analyst® designation.
Bradley Angermeier, CFA
-
Senior Portfolio Manager
-
Start date on the Fund:
November 2021
-
Years of industry experience:
20
-
Read bio
Bradley Angermeier
Senior Portfolio Manager
Brad is a Senior Portfolio Manager for the US Large Cap Growth Equity Team at Nomura Asset Management International, where he is responsible for making day-to-day investment decisions for the team’s strategy. He joined Nomura Asset Management as part of Nomura’s acquisition of Macquarie Asset Management’s US and European public investments business in 2025.
Previously, Brad held the same role at Macquarie Asset Management and, before that, at Ivy Investments (which was acquired by Macquarie in 2021). He joined Ivy Investments as an Equity Investment Analyst in 2017 and assumed portfolio management responsibilities in 2021. Prior to that, he was an Equity Research Analyst at Kornitzer Capital Management and an Analyst and Co-Portfolio Manager at Columbia Threadneedle Investments.
Brad has been active in his church and spent four years leading a related effort to assist low-income homeowners in the Kansas City area.
Brad earned a Bachelor of Science with a double major in finance and accounting from Indiana University, Kelley School of Business. He earned a Master of Business Administration from the University of Wisconsin, Wisconsin School of Business. He holds the Chartered Financial Analyst® designation.
Fees
The table below describes the fees and expenses that you may pay if you buy, hold, and sell
shares of the Fund.
You may pay other fees, such as brokerage commissions and other fees
to financial intermediaries, which are not reflected in the table below. You may
qualify for sales-charge discounts if you and your family invest, or agree to invest in the
future, at least $50,000 in Nomura Funds. More information about these and other
discounts is available from your financial intermediary, in the Fund’s Prospectus under the
section entitled “About your account,” and in the Fund’s statement of additional information
(SAI) under the section entitled “Purchasing Shares.”
| Shareholder fees |
| Maximum sales charge (load) imposed on purchases as a percentage of offering price |
none |
| Maximum contingent deferred sales charge (load) as a percentage of original purchase price or redemption price, whichever is lower |
none |
| Annual fund operating expenses |
| Management fees |
0.59% |
| Distribution and service (12b-1) fees |
none |
| Other expenses |
0.13% |
| Total annual fund operating expenses |
0.72% |
| Fee waivers and expense reimbursements1 |
(0.08%) |
| Total annual fund operating expenses after fee waivers and expense reimbursements |
0.64% |
1Net expense ratio reflects a contractual waiver of certain fees and/or expense reimbursements from July 31, 2025 through July 30, 2026. Please see the fee table in the Fund's prospectus for more information.
Institutional Class shares are available only to certain investors.
Please see the prospectus and SAI for additional information.
Resources
Fact sheet and commentaries
Shareholder report – Annual
Shareholder report – Semi-annual