Shareholder Report | 6 Months Ended |
Jun. 30, 2024 USD ($) Holding |
Shareholder Report [Line Items] | |
Document Type | N-CSRS |
Amendment Flag | false |
Registrant Name | Driehaus Mutual Funds |
Entity Central Index Key | 0001016073 |
Document Period End Date | Jun. 30, 2024 |
C000101771 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Driehaus Emerging Markets Small Cap Growth Fund |
Class Name | Driehaus Emerging Markets Small Cap Growth Fund |
Trading Symbol | DRESX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about the Driehaus Emerging Markets Small Cap Growth Fund (“Fund”) for the period of January 01, 2024, to June 30, 2024. |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at www.driehaus.com/fund-resources |
Additional Information Phone Number | 1-800-560-6111 |
Additional Information Website | www.driehaus.com/fund-resources |
Expenses [Text Block] | Fund Expenses for the Last Six Months (Based on a hypothetical $10,000 investment) Fund Cost of a $10,000 Investment Costs paid as a percentage of a $10,000 investment Driehaus Emerging Markets Small Cap Growth Fund $ 1.24 % |
Expenses Paid, Amount | $ 67 |
Expense Ratio, Percent | 1.24% |
Factors Affecting Performance [Text Block] | Management’s Discussion of Fund Performance SUMMARY OF RESULTS The Fund returned 17.31% for the six-month period ended June 30, 2024. The Fund outperformed its performance benchmark, the MSCI Emerging Markets Small Cap Index , which returned 7.04% during the same period. The first half of 2024 was characterized by rising geopolitical uncertainty, marked by increasing tensions in the Middle East and volatility associated with the heavy global election calendar. TOP PERFORMANCE CONTRIBUTORS Holdings HD Hyundai Electric Co., Ltd. engages in the manufacture of electrical equipment; and Asia Vital Components Co., Ltd., a Taiwan listed company, which provides thermal solution services and engages in the manufacture and sale of electronics equipment. Sectors Countries TOP PERFORMANCE DETRACTORS Holdings Azul S.A., is a Brazilian holding company, which, together with its subsidiaries,provides air transportation services in Brazil and internationally; and GCC SAB de CV engages in the production, distribution, and sale of cement, ready-mixed concrete, aggregate, and other products used in the construction industry. Sectors Countries |
Performance Past Does Not Indicate Future [Text] | Keep in mind that the Fund’s past performance is not a good predictor of how the Fund will perform in the future. |
Line Graph [Table Text Block] | Fund Performance The following graph and chart compare the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the Fund compared with a broad measure of market performance and an additional index with characteristics relevant to the Fund. GROWTH OF $10,000 |
Average Annual Return [Table Text Block] | AVERAGE ANNUAL TOTAL RETURNS 1 Year 5 Year 10 Year Driehaus Emerging Markets Small Cap Growth Fund (DRESX) 21.04 % 11.95 % 5.38 % MSCI Emerging Markets Index - Net 12.55 % 3.10 % 2.79 % MSCI Emerging Markets Small Cap Index - Net 20.04 % 9.99 % 5.15 % MSCI Emerging Markets Small Cap Growth Index - Net 16.82 % 10.07 % 4.22 % |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit www.driehaus.com/fund-resources |
Net Assets | $ 118,135,190 |
Holdings Count | Holding | 84 |
Investment Company Portfolio Turnover | 50% |
Additional Fund Statistics [Text Block] | Key Fund Statistics The following table outlines key fund statistics that you should pay attention to. Fund net assets $ % Total number of portfolio holdings $ % Portfolio turnover rate as of the end of the reporting period (not annualized) $ % |
Holdings [Text Block] | Graphical Representation of Holdings The tables below show the investment makeup of the Fund, representing percentage of the total net asset of the Fund. TOP TEN HOLDINGS Northern Institutional U.S. Government Select Portfolio (Shares Class), 5.19% 5.9 % FPT Corp. 3.8 % HD Hyundai Electric Co. Ltd. 3.7 % Vista Energy SAB de CV - ADR 2.4 % Titagarh Rail System Ltd. 2.2 % ASPEED Technology, Inc. 2.1 % Hanwha Aerospace Co. Ltd. 2.1 % GMR Airports Infrastructure Ltd. 1.8 % Cury Construtora e Incorporadora SA 1.8 % LIG Nex1 Co. Ltd. 1.7 % INDUSTRY SECTOR ALLOCATION GEOGRAPHIC ALLOCATION |
Largest Holdings [Text Block] | TOP TEN HOLDINGS Northern Institutional U.S. Government Select Portfolio (Shares Class), 5.19% 5.9 % FPT Corp. 3.8 % HD Hyundai Electric Co. Ltd. 3.7 % Vista Energy SAB de CV - ADR 2.4 % Titagarh Rail System Ltd. 2.2 % ASPEED Technology, Inc. 2.1 % Hanwha Aerospace Co. Ltd. 2.1 % GMR Airports Infrastructure Ltd. 1.8 % Cury Construtora e Incorporadora SA 1.8 % LIG Nex1 Co. Ltd. 1.7 % |
C000176647 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Driehaus Global Fund |
Class Name | Driehaus Global Fund |
Trading Symbol | DMAGX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about the Driehaus Global Fund (“Fund”) for the period of January 01, 2024, to June 30, 2024. |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at www.driehaus.com/fund-resources |
Material Fund Change Notice [Text Block] | This report describes a planned change to the Fund that will occur subsequent to the reporting period. |
Additional Information Phone Number | 1-800-560-6111 |
Additional Information Website | www.driehaus.com/fund-resources |
Expenses [Text Block] | Fund Expenses for the Last Six Months (Based on a hypothetical $10,000 investment) Fund Cost of a $10,000 Investment Costs paid as a percentage of a $10,000 investment Driehaus Global Fund $ 0.75 % |
Expenses Paid, Amount | $ 41 |
Expense Ratio, Percent | 0.75% |
Factors Affecting Performance [Text Block] | Management’s Discussion of Fund Performance SUMMARY OF RESULTS The Fund returned 17.32% for the six-month period ended June 30, 2024. The Fund outperformed its performance benchmark, the MSCI AC World Index (the “Benchmark”) which returned 11.30% during the same period. Outperformance for the Fund during the first half of 2024 was driven primarily by security selection. TOP PERFORMANCE CONTRIBUTORS Holdings NVIDIA Corp., an American multinational technology company that engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software; and Super Micro Computer, Inc., an American information technology company which engages in the distribution and manufacture of information technology solutions and other computer products. Sectors Countries TOP PERFORMANCE DETRACTORS Holdings Grifols S.A., a Spanish multinational pharmaceutical and chemical manufacturer, which engages in the production of plasma derivatives; and Adyen N.V., a Dutch payment platform business. Products include online payments, point of sale, marketplaces, and unified commerce. Sectors Countries |
Performance Past Does Not Indicate Future [Text] | Keep in mind that the Fund’s past performance is not a good predictor of how the Fund will perform in the future.
|
Line Graph [Table Text Block] | Fund Performance The following graph and chart compare the initial and subsequent account values at the end of each of the completed periods of the Fund since inception on April 10, 2017 compared with a broad measure of market performance with characteristics relevant to the Fund. GROWTH OF $10,000 |
Average Annual Return [Table Text Block] | AVERAGE ANNUAL TOTAL RETURNS 1 Year 5 Year Since Inception Driehaus Global Fund (DMAGX) 25.03 % 9.46 % 9.14 % MSCI ACWI Index - Net 19.37 % 10.76 % 10.38 % |
Performance Inception Date | Apr. 10, 2017 |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit www.driehaus.com/fund-resources |
Net Assets | $ 59,249,777 |
Holdings Count | Holding | 84 |
Investment Company Portfolio Turnover | 58% |
Additional Fund Statistics [Text Block] | Key Fund Statistics The following table outlines key fund statistics that you should pay attention to. Fund net assets $ % Total number of portfolio holdings $ % Portfolio turnover rate as of the end of the reporting period (not annualized) $ % |
Holdings [Text Block] | Graphical Representation of Holdings The tables below show the investment makeup of the Fund, representing percentage of the total net asset of the Fund. TOP TEN HOLDINGS Apple, Inc. 4.9 % Northern Institutional U.S. Government Select Portfolio (Shares Class), 5.19% 4.8 % Microsoft Corp. 4.5 % NVIDIA Corp. 4.2 % Alphabet, Inc. - A 3.6 % Amazon.com, Inc. 2.9 % Exxon Mobil Corp. 2.5 % Shell PLC 2.2 % Tencent Holdings Ltd. 2.2 % Rolls-Royce Holdings PLC 2.1 % INDUSTRY SECTOR ALLOCATION GEOGRAPHIC ALLOCATION |
Largest Holdings [Text Block] | TOP TEN HOLDINGS Apple, Inc. 4.9 % Northern Institutional U.S. Government Select Portfolio (Shares Class), 5.19% 4.8 % Microsoft Corp. 4.5 % NVIDIA Corp. 4.2 % Alphabet, Inc. - A 3.6 % Amazon.com, Inc. 2.9 % Exxon Mobil Corp. 2.5 % Shell PLC 2.2 % Tencent Holdings Ltd. 2.2 % Rolls-Royce Holdings PLC 2.1 % |
Material Fund Change [Text Block] | Material Fund Changes As of August 5, 2024, the Driehaus Global Fund modified its principal investment strategy to acknowledge its growth-style of investment and modified its principal risk disclosure to acknowledge growth stock risk. This is a summary of a planned change to the Fund. For more complete information, you may review the Fund’s prospectus supplement, filed August 5, 2024, available at www.driehaus.com/fund-resources |
Material Fund Change Strategies [Text Block] | As of August 5, 2024, the Driehaus Global Fund modified its principal investment strategy to acknowledge its growth-style of investment |
Material Fund Change Risks Change [Text Block] | modified its principal risk disclosure to acknowledge growth stock risk. |
Summary of Change Legend [Text Block] | This is a summary of a planned change to the Fund. For more complete information, you may review the Fund’s prospectus supplement, filed August 5, 2024, available at www.driehaus.com/fund-resources |
Updated Prospectus Phone Number | 1-800-560-6111 |
Updated Prospectus Web Address | www.driehaus.com/fund-resources |
C000249377 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Driehaus International Developed Equity Fund |
Class Name | Driehaus International Developed Equity Fund |
Trading Symbol | DIDEX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about the Driehaus International Developed Equity Fund (“Fund”) for the period of April 30, 2024 (Commencement of Operations) to June 30, 2024. |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at www.driehaus.com/fund-resources |
Additional Information Phone Number | 1-800-560-6111 |
Additional Information Website | www.driehaus.com/fund-resources |
Expenses [Text Block] | Fund Expenses for the Period April 30, 2024 (Commencement of Operations) to June 30, 2024 (Based on a hypothetical $10,000 investment) Fund Cost of a $10,000 Investment Costs paid as a percentage of a $10,000 investment Driehaus International Developed Equity Fund $ 0.80 % |
Expenses Paid, Amount | $ 13 |
Expense Ratio, Percent | 0.80% |
Factors Affecting Performance [Text Block] | Management’s Discussion of Fund Performance SUMMARY OF RESULTS The Fund returned 1.20% for the two-month period ended TOP PERFORMANCE CONTRIBUTORS Holdings Novo Nordisk A/S is a Danish global healthcare company, which engages in the discovery, development, manufacturing and marketing of pharmaceutical products in the diabetes, obesity care and rare disease segments; and ASML Holding NV is a Dutch company that engages in the development, production, marketing, sales, upgrading and servicing of advanced semiconductor equipment systems, including lithography, metrology and inspection systems. Sectors Countries TOP PERFORMANCE DETRACTORS Holdings NICE Ltd. ADR is an Israeli company that engages in the provision of enterprise software solutions and services for the consumer engagement, financial crime and compliance solution segments; and Banco Bilbao Vizcaya Argentaria, S.A. is headquartered in Spain and engages in the traditional banking businesses of retail banking, asset management, private banking, and wholesale banking. Sectors Countries |
Performance Past Does Not Indicate Future [Text] | Keep in mind that the Fund’s past performance is not a good predictor of how the Fund will perform in the future. |
Line Graph [Table Text Block] | Fund Performance The following graph and chart compare the initial and subsequent account values at the end of each of the completed periods of the Fund since inception on April 30, 2024 compared with a broad measure of market performance and an additional index with characteristics relevant to the Fund. GROWTH OF $10,000 |
Average Annual Return [Table Text Block] | AVERAGE ANNUAL TOTAL RETURNS Since Inception Driehaus International Developed Equity Fund (DIDEX) 1.20 % MSCI World ex USA Index - Net 2.10 % MSCI World ex USA Growth Index - Net 3.11 % |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit www.driehaus.com/fund-resources |
Net Assets | $ 1,128,966 |
Holdings Count | Holding | 49 |
Investment Company Portfolio Turnover | 17% |
Additional Fund Statistics [Text Block] | Key Fund Statistics The following table outlines key fund statistics that you should pay attention to. Fund net assets $ % Total number of portfolio holdings $ % Portfolio turnover rate as of the end of the reporting period (not annualized) $ % |
Holdings [Text Block] | Graphical Representation of Holdings The tables below show the investment makeup of the Fund, representing percentage of the total net asset of the Fund. TOP TEN HOLDINGS ASML Holding NV 5.3 % Northern Institutional U.S. Government Select Portfolio (Shares Class), 5.19% 4.4 % Novo Nordisk A/S - B 4.3 % Industria de Diseno Textil SA 3.2 % Siemens Energy AG 2.9 % Nestle SA 2.8 % Cameco Corp. 2.6 % Lonza Group AG 2.6 % Alcon, Inc. 2.6 % Rolls-Royce Holdings PLC 2.6 % INDUSTRY SECTOR ALLOCATION GEOGRAPHIC ALLOCATION |
Largest Holdings [Text Block] | TOP TEN HOLDINGS ASML Holding NV 5.3 % Northern Institutional U.S. Government Select Portfolio (Shares Class), 5.19% 4.4 % Novo Nordisk A/S - B 4.3 % Industria de Diseno Textil SA 3.2 % Siemens Energy AG 2.9 % Nestle SA 2.8 % Cameco Corp. 2.6 % Lonza Group AG 2.6 % Alcon, Inc. 2.6 % Rolls-Royce Holdings PLC 2.6 % |
C000050883 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Driehaus International Small Cap Growth Fund |
Class Name | Driehaus International Small Cap Growth Fund |
Trading Symbol | DRIOX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about the Driehaus International Small Cap Growth Fund (“Fund”) for the period of January 01, 2024, to June 30, 2024. |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at www.driehaus.com/fund-resources |
Additional Information Phone Number | 1-800-560-6111 |
Additional Information Website | www.driehaus.com/fund-resources |
Expenses [Text Block] | Fund Expenses for the Last Six Months (Based on a hypothetical $10,000 investment) Fund Cost of a $10,000 Investment Costs paid as a percentage of a $10,000 investment Driehaus International Small Cap Growth Fund $ 1.14 % |
Expenses Paid, Amount | $ 58 |
Expense Ratio, Percent | 1.14% |
Factors Affecting Performance [Text Block] | Management’s Discussion of Fund Performance SUMMARY OF RESULTS The Fund returned 5.95% for the six-month period ended June 30, 2024. The Fund outperformed its performance benchmark, the MSCI AC World ex USA Small Cap Growth Index which returned 2.51% during the same period. The first half of 2024 produced mixed returns globally for ex-US markets, with interest rate volatility and in many cases election results creating dispersion at the country level. TOP PERFORMANCE CONTRIBUTORS Holdings Celestica, Inc., a multinational design, manufacturing, hardware platform and supply chain electronics manufacturing services company headquartered in Toronto, Ontario; and Asics Corp., a Japanese multinational corporation that engages in the manufacture and sale of sporting goods. Sectors Countries TOP PERFORMANCE DETRACTORS Holdings Jins Holdings, Inc., a Japanese company which engages in the planning, manufacture, import and export sales of eyewear and fashion accessories; and Grifols S.A., a Spanish multinational pharmaceutical and chemical manufacturer, which engages in the production of plasma derivatives. Sectors Countries |
Performance Past Does Not Indicate Future [Text] | Keep in mind that the Fund’s past performance is not a good predictor of how the Fund will perform in the future. |
Line Graph [Table Text Block] | Fund Performance The following graph and chart compare the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the Fund compared with a broad measure of market performance and an additional index with characteristics relevant to the Fund. GROWTH OF $10,000 |
Average Annual Return [Table Text Block] | AVERAGE ANNUAL TOTAL RETURNS 1 Year 5 Year 10 Year Driehaus International Small Cap Growth Fund (DRIOX) 12.90 % 7.89 % 6.75 % MSCI All Country World ex USA Index - Net 11.62 % 5.55 % 3.84 % MSCI All Country World ex USA Small Cap Growth Index - Net 8.75 % 5.52 % 4.52 % |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit www.driehaus.com/fund-resources |
Net Assets | $ 234,459,899 |
Holdings Count | Holding | 110 |
Investment Company Portfolio Turnover | 44% |
Additional Fund Statistics [Text Block] | Key Fund Statistics The following table outlines key fund statistics that you should pay attention to. Fund net assets $ % Total number of portfolio holdings $ % Portfolio turnover rate as of the end of the reporting period (not annualized) $ % |
Holdings [Text Block] | Graphical Representation of Holdings The tables below show the investment makeup of the Fund, representing percentage of the total net asset of the Fund. TOP TEN HOLDINGS Northern Institutional U.S. Government Select Portfolio (Shares Class), 5.19% 2.5 % Saipem SpA 2.0 % Indra Sistemas SA 1.7 % Asics Corp. 1.7 % DO & CO AG 1.7 % Glanbia PLC 1.7 % DOF Group ASA 1.6 % SUESS MicroTec SE 1.6 % Comet Holding AG 1.6 % Intermediate Capital Group PLC 1.5 % INDUSTRY SECTOR ALLOCATION GEOGRAPHIC ALLOCATION |
Largest Holdings [Text Block] | TOP TEN HOLDINGS Northern Institutional U.S. Government Select Portfolio (Shares Class), 5.19% 2.5 % Saipem SpA 2.0 % Indra Sistemas SA 1.7 % Asics Corp. 1.7 % DO & CO AG 1.7 % Glanbia PLC 1.7 % DOF Group ASA 1.6 % SUESS MicroTec SE 1.6 % Comet Holding AG 1.6 % Intermediate Capital Group PLC 1.5 % |
C000132648 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Driehaus Micro Cap Growth Fund |
Class Name | Driehaus Micro Cap Growth Fund |
Trading Symbol | DMCRX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about the Driehaus Micro Cap Growth Fund (“Fund”) for the period of January 01, 2024, to June 30, 2024. |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at www.driehaus.com/fund-resources |
Additional Information Phone Number | 1-800-560-6111 |
Additional Information Website | www.driehaus.com/fund-resources |
Expenses [Text Block] | Fund Expenses for the Last Six Months (Based on a hypothetical $10,000 investment) Fund Cost of a $10,000 Investment Costs paid as a percentage of a $10,000 investment Driehaus Micro Cap Growth Fund $ 1.37 % |
Expenses Paid, Amount | $ 73 |
Expense Ratio, Percent | 1.37% |
Factors Affecting Performance [Text Block] | Management’s Discussion of Fund Performance SUMMARY OF RESULTS The Fund returned 14.23% for the six-month period ended June 30, 2024. The Fund outperformed its performance benchmark, the Russell Microcap ® The U.S. equity market experienced a mixed first half of 2024. Large cap companies experienced positive gains driven by strength in the mega cap tech stocks. Large cap stocks outperformed small caps and mid caps overall. TOP PERFORMANCE CONTRIBUTORS Holdings FTAI Aviation Ltd., which manufactures, sells, and leases aerospace products; and Modine Manufacturing Co. engages in the provision of thermal management products and solutions. Sectors TOP PERFORMANCE DETRACTORS Holdings Applied Optoelectronics, Inc., which engages in the design and manufacture of optical communications products; and Kura Sushi USA, Inc., which engages in the operation of technology-enabled Japanese restaurants. Sectors |
Performance Past Does Not Indicate Future [Text] | Keep in mind that the Fund’s past performance is not a good predictor of how the Fund will perform in the future. |
Line Graph [Table Text Block] | Fund Performance The following graph and chart compare the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the Fund compared with a broad measure of market performance and an additional index with characteristics relevant to the Fund. GROWTH OF $10,000 |
Average Annual Return [Table Text Block] | AVERAGE ANNUAL TOTAL RETURNS 1 Year 5 Year 10 Year Driehaus Micro Cap Growth Fund (DMCRX) 14.44 % 15.40 % 15.84 % Russell 3000 ® 23.13 % 14.14 % 12.15 % Russell Microcap ® 2.49 % 2.92 % 3.61 % |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit www.driehaus.com/fund-resources |
Net Assets | $ 266,782,685 |
Holdings Count | Holding | 113 |
Investment Company Portfolio Turnover | 52% |
Additional Fund Statistics [Text Block] | Key Fund Statistics The following table outlines key fund statistics that you should pay attention to. Fund net assets $ % Total number of portfolio holdings $ % Portfolio turnover rate as of the end of the reporting period (not annualized) $ % |
Holdings [Text Block] | Graphical Representation of Holdings The tables below show the investment makeup of the Fund, representing percentage of the total net asset of the Fund. TOP TEN HOLDINGS Crinetics Pharmaceuticals, Inc. 2.8 % Modine Manufacturing Co. 2.8 % TransMedics Group, Inc. 2.6 % Camtek Ltd. 1.9 % FTAI Aviation Ltd. 1.9 % Veeco Instruments, Inc. 1.9 % Credo Technology Group Holding Ltd. 1.9 % Xenon Pharmaceuticals, Inc. 1.7 % Sterling Infrastructure, Inc. 1.7 % Arlo Technologies, Inc. 1.7 % INDUSTRY SECTOR ALLOCATION GEOGRAPHIC ALLOCATION |
Largest Holdings [Text Block] | TOP TEN HOLDINGS Crinetics Pharmaceuticals, Inc. 2.8 % Modine Manufacturing Co. 2.8 % TransMedics Group, Inc. 2.6 % Camtek Ltd. 1.9 % FTAI Aviation Ltd. 1.9 % Veeco Instruments, Inc. 1.9 % Credo Technology Group Holding Ltd. 1.9 % Xenon Pharmaceuticals, Inc. 1.7 % Sterling Infrastructure, Inc. 1.7 % Arlo Technologies, Inc. 1.7 % |
C000190956 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Driehaus Emerging Markets Growth Fund |
Class Name | Institutional Class |
Trading Symbol | DIEMX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about the Driehaus Emerging Markets Growth Fund's Institutional Class (“Fund”) for the period of January 01, 2024, to June 30, 2024. |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at www.driehaus.com/fund-resources |
Additional Information Phone Number | 1-800-560-6111 |
Additional Information Website | www.driehaus.com/fund-resources |
Expenses [Text Block] | Fund Expenses for the Last Six Months (Based on a hypothetical $10,000 investment) Fund (Class) Cost of a $10,000 Investment Costs paid as a percentage of a $10,000 investment Driehaus Emerging Markets Growth Fund $ 0.99 % |
Expenses Paid, Amount | $ 52 |
Expense Ratio, Percent | 0.99% |
Factors Affecting Performance [Text Block] | Management’s Discussion of Fund Performance SUMMARY OF RESULTS The Fund returned 11.72% for the six-month period ended June 30, 2024. The Fund outperformed its performance benchmark, the MSCI Emerging Markets Index (“Benchmark”), which returned 7.49% during the same period. It also outperformed the MSCI Emerging Markets Growth Index, which returned 8.45%. During the first half of 2024, the Fund’s outperformance was driven by strong stock selection. From a country perspective, China was the biggest positive driver of returns despite the Fund being underweight its Benchmark in an outperforming market. TOP PERFORMANCE CONTRIBUTORS Holdings Taiwan Semiconductors Manufacturing Co. Ltd. Sponsored ADR, a Taiwanese multinational semiconductor contract manufacturing and design company; and Tencent Holdings Ltd., a Chinese multinational technology conglomerate and holding company. Sectors Countries TOP PERFORMANCE DETRACTORS Holdings Fibra Uno Administracion SA de CV Series 11, which is a real estate investment trust (REIT) engaging in the acquisition, development and operation of various types of real estate projects; and Grupo Financiero Banorte SAB de CV is a Mexican banking and financial services holding company. Sectors Countries |
Performance Past Does Not Indicate Future [Text] | Keep in mind that the Fund’s past performance is not a good predictor of how the Fund will perform in the future. |
Line Graph [Table Text Block] | Fund Performance The following graph and chart compare the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the Institutional Class compared with a broad measure of market performance and an additional index with characteristics relevant to the Fund. GROWTH OF $500,000 |
Average Annual Return [Table Text Block] | AVERAGE ANNUAL TOTAL RETURNS 1 Year 5 Year 10 Year Driehaus Emerging Markets Growth Fund (Institutional Class/DIEMX) 16.96 % 5.75 % 4.59 % MSCI Emerging Markets Index - Net 12.55 % 3.10 % 2.79 % MSCI Emerging Markets Growth Index - Net 11.08 % 3.18 % 3.51 % |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit www.driehaus.com/fund-resources |
Net Assets | $ 3,106,022,559 |
Holdings Count | Holding | 122 |
Investment Company Portfolio Turnover | 63% |
Additional Fund Statistics [Text Block] | Key Fund Statistics The following table outlines key fund statistics that you should pay attention to. Fund net assets $ % Total number of portfolio holdings $ % Portfolio turnover rate as of the end of the reporting period (not annualized) $ % |
Holdings [Text Block] | Graphical Representation of Holdings The tables below show the investment makeup of the Fund, representing percentage of the total net asset of the Fund. TOP TEN HOLDINGS Taiwan Semiconductor Manufacturing Co. Ltd. - SP ADR 8.5 % Tencent Holdings Ltd. 6.6 % Northern Institutional U.S. Government Select Portfolio (Shares Class), 5.19% 6.5 % Samsung Electronics Co. Ltd. 5.7 % ICICI Bank Ltd. - SP ADR 2.5 % SK Hynix, Inc. 1.8 % Reliance Industries Ltd. 1.7 % Tencent Music Entertainment Group - ADR 1.5 % Shell PLC 1.4 % PetroChina Co. Ltd. - H 1.4 % INDUSTRY SECTOR ALLOCATION GEOGRAPHIC ALLOCATION |
Largest Holdings [Text Block] | TOP TEN HOLDINGS Taiwan Semiconductor Manufacturing Co. Ltd. - SP ADR 8.5 % Tencent Holdings Ltd. 6.6 % Northern Institutional U.S. Government Select Portfolio (Shares Class), 5.19% 6.5 % Samsung Electronics Co. Ltd. 5.7 % ICICI Bank Ltd. - SP ADR 2.5 % SK Hynix, Inc. 1.8 % Reliance Industries Ltd. 1.7 % Tencent Music Entertainment Group - ADR 1.5 % Shell PLC 1.4 % PetroChina Co. Ltd. - H 1.4 % |
C000005025 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Driehaus Emerging Markets Growth Fund |
Class Name | Investor Class |
Trading Symbol | DREGX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about the Driehaus Emerging Markets Growth Fund's Investor Class (“Fund”) for the period of January 01, 2024, to June 30, 2024. |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at www.driehaus.com/fund-resources |
Additional Information Phone Number | 1-800-560-6111 |
Additional Information Website | www.driehaus.com/fund-resources |
Expenses [Text Block] | Fund Expenses for the Last Six Months (Based on a hypothetical $10,000 investment) Fund (Class) Cost of a $10,000 Investment Costs paid as a percentage of a $10,000 investment Driehaus Emerging Markets Growth Fund $ 1.23 % |
Expenses Paid, Amount | $ 65 |
Expense Ratio, Percent | 1.23% |
Factors Affecting Performance [Text Block] | Management’s Discussion of Fund Performance SUMMARY OF RESULTS The Fund returned 11.56% for the six-month period ended June 30, 2024. The Fund outperformed its performance benchmark, the MSCI Emerging Markets Index (“Benchmark”), which returned 7.49% during the same period. During the first half of 2024, the Fund’s outperformance was driven by strong stock selection. From a country perspective, China was the biggest positive driver of returns despite the Fund being underweight its Benchmark in an outperforming market. TOP PERFORMANCE CONTRIBUTORS Holdings Taiwan Semiconductors Manufacturing Co. Ltd. (Sponsored ADR), a Taiwanese multinational semiconductor contract manufacturing and design company; and Tencent Holdings Ltd., a Chinese multinational technology conglomerate and holding company. Sectors Countries TOP PERFORMANCE DETRACTORS Holdings Fibra Uno Administracion SA de CV Series 11, which is a real estate investment trust (REIT) engaging in the acquisition, development and operation of various types of real estate projects; and Grupo Financiero Banorte SAB de CV is a Mexican banking and financial services holding company. Sectors Countries |
Performance Past Does Not Indicate Future [Text] | Keep in mind that the Fund’s past performance is not a good predictor of how the Fund will perform in the future. |
Line Graph [Table Text Block] | Fund Performance The following graph and chart compare the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the Investor Class compared with a broad measure of market performance and an additional index with characteristics relevant to the Fund. GROWTH OF $10,000 |
Average Annual Return [Table Text Block] | AVERAGE ANNUAL TOTAL RETURNS 1 Year 5 Year 10 Year Driehaus Emerging Markets Growth Fund (Investor Class/DREGX) 16.69 % 5.51 % 4.43 % MSCI Emerging Markets Index - Net 12.55 % 3.10 % 2.79 % MSCI Emerging Markets Growth Index - Net 11.08 % 3.18 % 3.51 % |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit www.driehaus.com/fund-resources |
Net Assets | $ 3,106,022,559 |
Holdings Count | Holding | 122 |
Investment Company Portfolio Turnover | 63% |
Additional Fund Statistics [Text Block] | Key Fund Statistics The following table outlines key fund statistics that you should pay attention to. Fund net assets $ % Total number of portfolio holdings $ % Portfolio turnover rate as of the end of the reporting period (not annualized) $ % |
Holdings [Text Block] | Graphical Representation of Holdings The tables below show the investment makeup of the Fund, representing percentage of the total net asset of the Fund. TOP TEN HOLDINGS Taiwan Semiconductor Manufacturing Co. Ltd. - SP ADR 8.5 % Tencent Holdings Ltd. 6.6 % Northern Institutional U.S. Government Select Portfolio (Shares Class), 5.19% 6.5 % Samsung Electronics Co. Ltd. 5.7 % ICICI Bank Ltd. - SP ADR 2.5 % SK Hynix, Inc. 1.8 % Reliance Industries Ltd. 1.7 % Tencent Music Entertainment Group - ADR 1.5 % Shell PLC 1.4 % PetroChina Co. Ltd. - H 1.4 % INDUSTRY SECTOR ALLOCATION GEOGRAPHIC ALLOCATION |
Largest Holdings [Text Block] | TOP TEN HOLDINGS Taiwan Semiconductor Manufacturing Co. Ltd. - SP ADR 8.5 % Tencent Holdings Ltd. 6.6 % Northern Institutional U.S. Government Select Portfolio (Shares Class), 5.19% 6.5 % Samsung Electronics Co. Ltd. 5.7 % ICICI Bank Ltd. - SP ADR 2.5 % SK Hynix, Inc. 1.8 % Reliance Industries Ltd. 1.7 % Tencent Music Entertainment Group - ADR 1.5 % Shell PLC 1.4 % PetroChina Co. Ltd. - H 1.4 % |
C000124893 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Driehaus Event Driven Fund |
Class Name | Driehaus Event Driven Fund |
Trading Symbol | DEVDX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about the Driehaus Event Driven Fund (“Fund”) for the period of January 01, 2024, to June 30, 2024. |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at www.driehaus.com/fund-resources |
Additional Information Phone Number | 1-800-560-6111 |
Additional Information Website | www.driehaus.com/fund-resources |
Expenses [Text Block] | Fund Expenses for the Last Six Months (Based on a hypothetical $10,000 investment) Fund Cost of a $10,000 Investment Costs paid as a percentage of a $10,000 investment Driehaus Event Driven Fund $ 1.45 % |
Expenses Paid, Amount | $ 72 |
Expense Ratio, Percent | 1.45% |
Factors Affecting Performance [Text Block] | Management’s Discussion of Fund Performance SUMMARY OF RESULTS The Fund returned (0.57)% for the six-month period ended June 30, 2024. The S&P 500 ® TOP PERFORMANCE CONTRIBUTORS Investment Strategy Bond catalyst driven - Event-driven trades that are expressed predominately through bond positions. Portfolio hedges - A hedge to an unwanted factor exposure, such as equity, volatility, credit or interest rate risk. TOP PERFORMANCE DETRACTORS Investment Strategy Equity catalyst driven - Event-driven trades that are expressed predominately through equity positions. Risk Arbitrage - Trades that attempt to capture a valuation discrepancy between similar securities. |
Performance Past Does Not Indicate Future [Text] | Keep in mind that the Fund’s past performance is not a good predictor of how the Fund will perform in the future. |
Line Graph [Table Text Block] | Fund Performance The following graph and chart compare the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the Fund compared with a broad measure of market performance and an additional index with characteristics relevant to the Fund. GROWTH OF $10,000 |
Average Annual Return [Table Text Block] | AVERAGE ANNUAL TOTAL RETURNS 1 Year 5 Year 10 Year Driehaus Event Driven Fund (DEVDX) 5.80 % 5.97 % 4.14 % S&P 500 ® 24.56 % 15.05 % 12.86 % Morningstar Event Driven Category 5.13 % 3.61 % 3.14 % |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit www.driehaus.com/fund-resources |
Net Assets | $ 207,407,695 |
Holdings Count | Holding | 62 |
Investment Company Portfolio Turnover | 55% |
Additional Fund Statistics [Text Block] | Key Fund Statistics The following table outlines key fund statistics that you should pay attention to. Fund net assets $ % Total number of portfolio holdings $ % Portfolio turnover rate as of the end of the reporting period (not annualized) $ % |
Holdings [Text Block] | Graphical Representation of Holdings The tables below show the investment makeup of the Fund, representing percentage of the total exposure of the Fund. Asset Type Allocation |
C000190999 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Driehaus Small Cap Growth Fund |
Class Name | Institutional Class |
Trading Symbol | DNSMX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about the Driehaus Small Cap Growth Fund's Institutional Class (“Fund”) for the period of January 01, 2024, to June 30, 2024. |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at www.driehaus.com/fund-resources |
Additional Information Phone Number | 1-800-560-6111 |
Additional Information Website | www.driehaus.com/fund-resources |
Expenses [Text Block] | Fund Expenses for the Last Six Months (Based on a hypothetical $10,000 investment) Fund (Class) Cost of a $10,000 Investment Costs paid as a percentage of a $10,000 investment Driehaus Small Cap Growth Fund $ 0.70 % |
Expenses Paid, Amount | $ 38 |
Expense Ratio, Percent | 0.70% |
Factors Affecting Performance [Text Block] | Management’s Discussion of Fund Performance SUMMARY OF RESULTS The Fund returned 19.21% for the six-month period ended June 30, 2024. The Fund outperformed its performance benchmark, the Russell 2000 ® The U.S. equity market experienced a mixed first half of 2024. Large cap companies experienced positive gains driven TOP PERFORMANCE CONTRIBUTORS Holdings Super Micro Computer, Inc., which engages in the distribution and manufacture of server solutions and computer products; and FTAI Aviation Ltd., which manufactures, sells, and leases aerospace products. Sectors TOP PERFORMANCE DETRACTORS Holdings Applied Optoelectronics, Inc., which engages in the design and manufacture of optical communications products; and SentinelOne, Inc., which engages in the provision of endpoint security software that detects, models, and predicts threat behavior to block attacks on any computing device. Sectors |
Performance Past Does Not Indicate Future [Text] | Keep in mind that the Fund’s past performance is not a good predictor of how the Fund will perform in the future. |
Line Graph [Table Text Block] | Fund Performance The following graph and chart compare the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the Fund compared with a broad measure of market performance and an additional index with characteristics relevant to the fund. GROWTH OF $500,000 |
Average Annual Return [Table Text Block] | AVERAGE ANNUAL TOTAL RETURNS 1 Year 5 Year 10 Year Driehaus Small Cap Growth Fund (Institutional Class/DNSMX) 24.84 % 14.44 % 15.33 % Russell 3000 ® 23.13 % 14.14 % 12.15 % Russell 2000 ® 9.14 % 6.17 % 7.39 % |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit www.driehaus.com/fund-resources |
Net Assets | $ 784,729,182 |
Holdings Count | Holding | 110 |
Investment Company Portfolio Turnover | 58% |
Additional Fund Statistics [Text Block] | Key Fund Statistics The following table outlines key fund statistics that you should pay attention to. Fund net assets $ % Total number of portfolio holdings $ % Portfolio turnover rate as of the end of the reporting period (not annualized) $ % |
Holdings [Text Block] | Graphical Representation of Holdings The tables below show the investment makeup of the Fund, representing percentage of the total net asset of the Fund. TOP TEN HOLDINGS TransMedics Group, Inc. 2.9 % FTAI Aviation Ltd. 2.3 % Crinetics Pharmaceuticals, Inc. 2.2 % Cameco Corp. 2.1 % Vaxcyte, Inc. 2.0 % Natera, Inc. 2.0 % BellRing Brands, Inc. 1.9 % Camtek Ltd. 1.9 % Axon Enterprise, Inc. 1.9 % Onto Innovation, Inc. 1.8 % INDUSTRY SECTOR ALLOCATION GEOGRAPHIC ALLOCATION |
Largest Holdings [Text Block] | TOP TEN HOLDINGS TransMedics Group, Inc. 2.9 % FTAI Aviation Ltd. 2.3 % Crinetics Pharmaceuticals, Inc. 2.2 % Cameco Corp. 2.1 % Vaxcyte, Inc. 2.0 % Natera, Inc. 2.0 % BellRing Brands, Inc. 1.9 % Camtek Ltd. 1.9 % Axon Enterprise, Inc. 1.9 % Onto Innovation, Inc. 1.8 % |
C000190998 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Driehaus Small Cap Growth Fund |
Class Name | Investor Class |
Trading Symbol | DVSMX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about the Driehaus Small Cap Growth Fund's Investor Class (“Fund”) for the period of January 01, 2024, to June 30, 2024. |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at www.driehaus.com/fund-resources |
Additional Information Phone Number | 1-800-560-6111 |
Additional Information Website | www.driehaus.com/fund-resources |
Expenses [Text Block] | Fund Expenses for the Last Six Months (Based on a hypothetical $10,000 investment) Fund (Class) Cost of a $10,000 Investment Costs paid as a percentage of a $10,000 investment Driehaus Small Cap Growth Fund $ 0.91 % |
Expenses Paid, Amount | $ 50 |
Expense Ratio, Percent | 0.91% |
Factors Affecting Performance [Text Block] | Management’s Discussion of Fund Performance SUMMARY OF RESULTS The Fund returned 19.10% for the six-month period ended June 30, 2024. The Fund outperformed its performance benchmark, the Russell 2000 ® The U.S. equity market experienced a mixed first half of 2024. Large cap companies experienced positive gains driven TOP PERFORMANCE CONTRIBUTORS Holdings Super Micro Computer, Inc., which engages in the distribution and manufacture of server solutions and computer products; and FTAI Aviation Ltd., which manufactures, sells, and leases aerospace products. Sectors TOP PERFORMANCE DETRACTORS Holdings Applied Optoelectronics, Inc., which engages in the design and manufacture of optical communications products; and SentinelOne, Inc., which engages in the provision of endpoint security software that detects, models, and predicts threat behavior to block attacks on any computing device. Sectors |
Performance Past Does Not Indicate Future [Text] | Keep in mind that the Fund’s past performance is not a good predictor of how the Fund will perform in the future. |
Line Graph [Table Text Block] | Fund Performance The following graph and chart compare the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the Fund compared with a broad measure of market performance and an additional index with characteristics relevant to the fund. GROWTH OF $10,000 |
Average Annual Return [Table Text Block] | AVERAGE ANNUAL TOTAL RETURNS 1 Year 5 Year 10 Year Driehaus Small Cap Growth Fund (Investor Class/DVSMX) 24.57 % 14.13 % 15.12 % Russell 3000 ® 23.13 % 14.14 % 12.15 % Russell 2000 ® 9.14 % 6.17 % 7.39 % |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit www.driehaus.com/fund-resources |
Net Assets | $ 784,729,182 |
Holdings Count | Holding | 110 |
Investment Company Portfolio Turnover | 58% |
Additional Fund Statistics [Text Block] | Key Fund Statistics The following table outlines key fund statistics that you should pay attention to. Fund net assets $ % Total number of portfolio holdings $ % Portfolio turnover rate as of the end of the reporting period (not annualized) $ % |
Holdings [Text Block] | Graphical Representation of Holdings The tables below show the investment makeup of the Fund, representing percentage of the total net asset of the Fund. TOP TEN HOLDINGS TransMedics Group, Inc. 2.9 % FTAI Aviation Ltd. 2.3 % Crinetics Pharmaceuticals, Inc. 2.2 % Cameco Corp. 2.1 % Vaxcyte, Inc. 2.0 % Natera, Inc. 2.0 % BellRing Brands, Inc. 1.9 % Camtek Ltd. 1.9 % Axon Enterprise, Inc. 1.9 % Onto Innovation, Inc. 1.8 % INDUSTRY SECTOR ALLOCATION GEOGRAPHIC ALLOCATION |
Largest Holdings [Text Block] | TOP TEN HOLDINGS TransMedics Group, Inc. 2.9 % FTAI Aviation Ltd. 2.3 % Crinetics Pharmaceuticals, Inc. 2.2 % Cameco Corp. 2.1 % Vaxcyte, Inc. 2.0 % Natera, Inc. 2.0 % BellRing Brands, Inc. 1.9 % Camtek Ltd. 1.9 % Axon Enterprise, Inc. 1.9 % Onto Innovation, Inc. 1.8 % |
C000219126 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Driehaus Small/Mid Cap Growth Fund |
Class Name | Driehaus Small/Mid Cap Growth Fund |
Trading Symbol | DSMDX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about the Driehaus Small/Mid Cap Growth Fund (“Fund”) for the period of January 01, 2024, to June 30, 2024. |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at www.driehaus.com/fund-resources |
Additional Information Phone Number | 1-800-560-6111 |
Additional Information Website | www.driehaus.com/fund-resources |
Expenses [Text Block] | Fund Expenses for the Last Six Months (Based on a hypothetical $10,000 investment) Fund Cost of a $10,000 Investment Costs paid as a percentage of a $10,000 investment Driehaus Small/Mid Cap Growth Fund $ 0.80 % |
Expenses Paid, Amount | $ 43 |
Expense Ratio, Percent | 0.80% |
Factors Affecting Performance [Text Block] | Management’s Discussion of Fund Performance SUMMARY OF RESULTS The Fund returned 18.68% for the six-month period ended June 30, 2024. The Fund outperformed its performance benchmark, the Russell 2500 ® The U.S. equity market experienced a mixed first half of 2024. Large cap companies experienced positive gains driven by strength in the mega cap tech stocks. Large cap stocks outperformed small caps and mid caps overall. TOP PERFORMANCE CONTRIBUTORS Holdings Super Micro Computer, Inc., which engages in the distribution and manufacture of server solutions and computer products; and Camtek Ltd., which engages in the business of developing and manufacturing high-end inspection and metrology equipment for the semiconductor industry. Sectors TOP PERFORMANCE DETRACTORS Holdings Gitlab, Inc., which provides code hosting and collaboration platform services; and SentinelOne, Inc., which engages in the provision of endpoint security software that detects, models, and predicts threat behavior to block attacks on any computing device. Sectors |
Performance Past Does Not Indicate Future [Text] | Keep in mind that the Fund’s past performance is not a good predictor of how the Fund will perform in the future. |
Line Graph [Table Text Block] | Fund Performance The following graph and chart compare the initial and subsequent account values at the end of each of the completed periods of the Fund since inception on May 01, 2020 compared with a broad measure of market performance and an additional index with characteristics relevant to the Fund. GROWTH OF $10,000 |
Average Annual Return [Table Text Block] | AVERAGE ANNUAL TOTAL RETURNS 1 Year Since Inception Driehaus Small/Mid Cap Growth Fund (DSMDX) 24.15 % 18.47 % Russell 3000 ® 23.13 % 18.37 % Russell 2500 ® 9.02 % 11.24 % |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit www.driehaus.com/fund-resources |
Net Assets | $ 54,451,615 |
Holdings Count | Holding | 102 |
Investment Company Portfolio Turnover | 62% |
Additional Fund Statistics [Text Block] | Key Fund Statistics The following table outlines key fund statistics that you should pay attention to. Fund net assets $ % Total number of portfolio holdings $ % Portfolio turnover rate as of the end of the reporting period (not annualized) $ % |
Holdings [Text Block] | Graphical Representation of Holdings The tables below show the investment makeup of the Fund, representing percentage of the total net asset of the Fund. TOP TEN HOLDINGS Axon Enterprise, Inc. 2.6 % Cameco Corp. 2.4 % Natera, Inc. 2.2 % Crinetics Pharmaceuticals, Inc. 2.1 % Onto Innovation, Inc. 2.1 % TransMedics Group, Inc. 2.1 % HEICO Corp. 2.0 % Camtek Ltd. 2.0 % BellRing Brands, Inc. 2.0 % Monday.com Ltd. 1.9 % INDUSTRY SECTOR ALLOCATION GEOGRAPHIC ALLOCATION |
Largest Holdings [Text Block] | TOP TEN HOLDINGS Axon Enterprise, Inc. 2.6 % Cameco Corp. 2.4 % Natera, Inc. 2.2 % Crinetics Pharmaceuticals, Inc. 2.1 % Onto Innovation, Inc. 2.1 % TransMedics Group, Inc. 2.1 % HEICO Corp. 2.0 % Camtek Ltd. 2.0 % BellRing Brands, Inc. 2.0 % Monday.com Ltd. 1.9 % |