Three families of mutual funds based in the Kansas City area were recognized in the Barron's magazine "Best Mutual Fund Families" rankings.
Ivy Funds, an affiliate of Overland Park-based Waddell & Reed Financial Inc. (NYSE: WDR), had by far the best showing in the report. Ivy Funds was named as best in the nation in the 10-year performance category, after a second-place finish the previous year. Ivy Funds also placed fifth in the five-year performance rankings and 11th overall.
Waddell & Reed Advisors…
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