-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DmqcYJN4JdHGlt14sUHqYydWjGWcy6K0n5mIf3J4aVrIMA2cxCNBjajVK1D8G3I8 LDBrsowDO5G/Z3wAbRcLkA== 0000945621-00-000345.txt : 20000510 0000945621-00-000345.hdr.sgml : 20000510 ACCESSION NUMBER: 0000945621-00-000345 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000509 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IVY FUND CENTRAL INDEX KEY: 0000052858 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 046006759 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: SEC FILE NUMBER: 002-17613 FILM NUMBER: 623525 BUSINESS ADDRESS: STREET 1: 700 SOUTH FEDERAL HIGHWAY STREET 2: SUITE 300 CITY: BOCA RATON STATE: FL ZIP: 33432 BUSINESS PHONE: 407-393-8900 MAIL ADDRESS: STREET 1: P. O. BOX 5007 CITY: BOCA RATON STATE: FL ZIP: 33431-0807 497 1 497 [LOGO]IVY FUNDS Ivy International Fund Supplement Dated May 9, 2000 to Prospectus Dated May 1, 2000 * The information in this Supplement updates and amends the information presented in the "Management" section of the Prospectus dated May 1, 2000. * Northern Cross Investments, Ltd. is resigning its position as sub-advisor of Ivy International Fund effective May 15, 2000. Following the resignation of Northern Cross, the Fund's current investment advisor, Ivy Management, Inc. ("IMI"), will assume management of the Fund's investment portfolio. Sheridan P. Reilly, Senior Vice President and Chief Investment Officer for International Equities at IMI, will serve as lead manager for the Fund, supported by IMI's international equities team (comprised of portfolio managers and research analysts). Prior to joining IMI in April, 2000, Mr. Reilly served as team leader for institutional international investing and was responsible for $14 billion in assets at Scudder Kemper Investments, Inc. in New York. While at Scudder Kemper Investments, he was also part of the team that managed the $5.3 billion Scudder International Fund. Mr. Reilly has 16 years of professional investment experience. Ivy International Fund will be reopened to new shareholders on June 1, 2000. * Via Mizner Financial Plaza 700 South Federal Highway Boca Raton, Florida 33432 800.456.5111 www.ivymackenzie.com E-mail: invest@ivymackenzie.com REV5/8/00 [LOGO] IVY FUNDS International Equity Funds Ivy Asia Pacific Fund Ivy China Region Fund Ivy Developing Markets Fund Ivy European Opportunities Fund Ivy Global Fund Ivy Global Natural Resources Fund Ivy Global Science & Technology Fund Ivy International Fund II Ivy International Small Companies Fund Ivy Pan-Europe Fund Ivy South America Fund Supplement Dated May 9, 2000 to Prospectus Dated May 1, 2000 The Board of Trustees of Ivy Fund (the "Trust") has approved a proposed reorganization involving the acquisition of the assets of Ivy Pan-Europe Fund ("IPEF") by and in exchange for shares of Ivy European Opportunities Fund, another series of the Trust. Shareholders of IPEF will be asked to approve the proposed reorganization at a special meeting of shareholders to be held on or about June 27, 2000. Detailed information about the proposed reorganization will be sent to IPEF shareholders before the meeting. *** The Board of Trustees of the Trust has approved a proposed reorganization involving the acquisition of the assets of Ivy South America Fund ("ISAF") by and in exchange for shares of Ivy Developing Markets Fund, another series of the Trust. Shareholders of ISAF will be asked to approve the proposed reorganization at a special meeting of shareholders to be held on or about June 27, 2000. Detailed information about the proposed reorganization will be sent to ISAF shareholders before the meeting. *** Via Mizner Financial Plaza 700 South Federal Highway Boca Raton, Florida 33432 800.456.5111 www.ivymackenzie.com E-mail: invest@ivymackenzie.com [LOGO] IVY FUNDS International Equity Funds ADVISOR CLASS SHARES Ivy Asia Pacific Fund Ivy China Region Fund Ivy Developing Markets Fund Ivy European Opportunities Fund Ivy Global Fund Ivy Global Natural Resources Fund Ivy Global Science & Technology Fund Ivy International Fund II Ivy International Small Companies Fund Ivy Pan-Europe Fund Ivy South America Fund Supplement Dated May 9, 2000 to Prospectus Dated May 1, 2000 The Board of Trustees of Ivy Fund (the "Trust") has approved a proposed reorganization involving the acquisition of the assets of Ivy Pan-Europe Fund ("IPEF") by and in exchange for shares of Ivy European Opportunities Fund, another series of the Trust. Shareholders of IPEF will be asked to approve the proposed reorganization at a special meeting of shareholders to be held on or about June 27, 2000. Detailed information about the proposed reorganization will be sent to IPEF shareholders before the meeting. *** The Board of Trustees of the Trust has approved a proposed reorganization involving the acquisition of the assets of Ivy South America Fund ("ISAF") by and in exchange for shares of Ivy Developing Markets Fund, another series of the Trust. Shareholders of ISAF will be asked to approve the proposed reorganization at a special meeting of shareholders to be held on or about June 27, 2000. Detailed information about the proposed reorganization will be sent to ISAF shareholders before the meeting. *** Via Mizner Financial Plaza 700 South Federal Highway Boca Raton, Florida 33432 800.456.5111 www.ivymackenzie.com E-mail: invest@ivymackenzie.com [LOGO] IVY FUNDS U.S. Equity Funds Ivy Growth Fund Ivy Growth with Income Fund Ivy US Blue Chip Fund Ivy US Emerging Growth Fund Supplement Dated May 9, 2000 to Prospectus Dated May 1, 2000 The Board of Trustees of Ivy Fund (the "Trust") has approved a proposed reorganization involving the acquisition of the assets of Ivy Growth with Income Fund ("IGWIF") by and in exchange for shares of Ivy US Blue Chip Fund, another series of the Trust. Shareholders of IGWIF will be asked to approve the proposed reorganization at a special meeting of shareholders to be held on or about June 27, 2000. Detailed information about the proposed reorganization will be sent to IGWIF shareholders before the meeting. *** Via Mizner Financial Plaza 700 South Federal Highway Boca Raton, Florida 33432 800.456.5111 www.ivymackenzie.com E-mail: invest@ivymackenzie.com [LOGO] IVY FUNDS U.S. Equity Funds ADVISOR CLASS SHARES Ivy Growth Fund Ivy Growth with Income Fund Ivy US Blue Chip Fund Ivy US Emerging Growth Fund Supplement Dated May 9, 2000 to Prospectus Dated May 1, 2000 The Board of Trustees of Ivy Fund (the "Trust") has approved a proposed reorganization involving the acquisition of the assets of Ivy Growth with Income Fund ("IGWIF") by and in exchange for shares of Ivy US Blue Chip Fund, another series of the Trust. Shareholders of IGWIF will be asked to approve the proposed reorganization at a special meeting of shareholders to be held on or about June 27, 2000. Detailed information about the proposed reorganization will be sent to IGWIF shareholders before the meeting. *** Via Mizner Financial Plaza 700 South Federal Highway Boca Raton, Florida 33432 800.456.5111 www.ivymackenzie.com E-mail: invest@ivymackenzie.com -----END PRIVACY-ENHANCED MESSAGE-----