-----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, TM0MTKfHSJZecKfHHOp3FEuo7xjMLoC27Nf1C/fFVk5T9rTh+Xy+4dfPlguYaUNX 5m329gIogpkp2i6u+TEY4A== 0001105607-08-000080.txt : 20080311 0001105607-08-000080.hdr.sgml : 20080311 20080311172000 ACCESSION NUMBER: 0001105607-08-000080 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080311 DATE AS OF CHANGE: 20080311 EFFECTIVENESS DATE: 20080311 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IVY FUNDS CENTRAL INDEX KEY: 0000052858 IRS NUMBER: 046006759 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-17613 FILM NUMBER: 08681539 BUSINESS ADDRESS: STREET 1: 6300 LAMAR AVENUE STREET 2: P. O. BOX 29217 CITY: OVERLAND PARK STATE: KS ZIP: 66202 BUSINESS PHONE: 913-236-2000 MAIL ADDRESS: STREET 1: P. O. BOX 29217 CITY: SHAWNEE MISSION STATE: KS ZIP: 66201-9217 FORMER COMPANY: FORMER CONFORMED NAME: IVY FUND DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IVY FUNDS INC CENTRAL INDEX KEY: 0000883622 IRS NUMBER: 481112076 STATE OF INCORPORATION: MD FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-45961 FILM NUMBER: 08681540 BUSINESS ADDRESS: STREET 1: 6300 LAMAR AVE CITY: OVERLAND PARK STATE: KS ZIP: 66202 BUSINESS PHONE: 9132362000 MAIL ADDRESS: STREET 1: P O BOX 29217 CITY: SHAWNEE MISSION STATE: KS ZIP: 66201-9217 FORMER COMPANY: FORMER CONFORMED NAME: W&R FUNDS INC DATE OF NAME CHANGE: 20000829 FORMER COMPANY: FORMER CONFORMED NAME: WADDELL & REED FUNDS INC DATE OF NAME CHANGE: 19920717

0000052858 S000006351 Ivy Balanced Fund

C000045551 Class I

0000052858 S000006352 Ivy International Core Equity Fund

C000045552 Class I

0000052858 S000006353 Ivy Mortgage Securities Fund

C000045553 Class I

0000052858 S000006354 Ivy Pacific Opportunities Fund

C000045554 Class I

0000052858 S000006355 Ivy Real Estate Securities Fund

C000045555 Class I

0000052858 S000006356 Ivy Small Cap Value Fund

C000045556 Class I

0000052858 S000006357 Ivy Value Fund

C000045557 Class I

0000052858 S000006358 Ivy Bond Fund

C000045558 Class I

0000052858 S000006360 Ivy Cundill Global Value Fund

C000045559 Class I

0000052858 S000006361 Ivy Dividend Income Fund

C000045560 Class I

0000052858 S000006362 Ivy European Opportunities Fund

C000045561 Class I

0000052858 S000006363 Ivy Global Natural Resources Fund

C000045562 Class I

0000052858 S000006364 Ivy International Growth Fund

C000045563 Class I

0000052858 S000006365 Ivy International Balanced Fund

C000045564 Class I

0000052858 S000016724 Ivy Managed EuroPacific Fund

C000046724 Class I

0000052858 S000016725 Ivy Managed International Opportunities Fund

C000046727 Class I

0000883622 S000006283 Ivy Asset Strategy Fund

C000045541 Class I

0000883622 S000006285 Ivy Science and Technology Fund

C000045542 Class I

0000883622 S000006286 Ivy Small Cap Growth Fund

C000045543 Class I

0000883622 S000006287 Ivy Capital Appreciation Fund

C000045544 Class I

0000883622 S000006288 Ivy Core Equity Fund

C000045545 Class I

0000883622 S000006289 Ivy High Income Fund

C000045546 Class I

0000883622 S000006291 Ivy Large Cap Growth Fund

C000045547 Class I

0000883622 S000006292 Ivy Limited-Term Bond Fund

C000045548 Class I

0000883622 S000006293 Ivy Mid Cap Growth Fund

C000045549 Class I

0000883622 S000011242 Ivy Energy Fund

C000045550 Class I

497 1 ivy_classi.htm CLASS I

IVY FUNDS

Supplement dated March 11, 2008

to the

Ivy Equity Funds Prospectus dated July 31, 2007

and supplemented September 13, 2007 and February 4, 2008

and

Ivy Fixed Income and Money Market Funds Prospectus dated July 31, 2007

and supplemented September 13, 2007 and February 4, 2008

The following replaces the corresponding section of "Your Account" titled "Class I Shares":

Class I shares

Class I shares are sold without any front-end sales load or contingent deferred sales charges. Class I shares do not pay an annual 12b-1 distribution and/or service fee. Class I shares are only available for purchase by:

fund of funds
participants of employee benefit plans established under Section 403(b) or Section 457, or qualified under Section 401, of the Code, including 401(k) plans if the value of the plan exceeds $10,000,000, when the shares are held in an omnibus account on the Fund's records, and an unaffiliated third party provides administrative and/or other support services to the plan
certain financial intermediaries that charge their customers transaction fees with respect to their customers' investments in the Funds
endowments, foundations, corporations and high net worth individuals using a trust or custodial platform
investors participating in 'wrap fee' or asset allocation programs or other fee-based arrangements sponsored by nonaffiliated broker-dealers and other financial institutions that have entered into agreements with IFDI
participants of the Waddell & Reed Financial, Inc. Retirement Plans

Plan sponsors, plan fiduciaries and other financial intermediaries may choose to impose qualification requirements for plans that differ from the Funds' share class eligibility standards. In certain cases this could result in the selection of a share class with higher service and distribution-related fees than otherwise would have been charged. The Funds and IFDI are not responsible for, and have no control over, the decision of any plan sponsor, plan fiduciary or financial intermediary to impose such differing requirements. Please consult with your plan sponsor, plan fiduciary or financial intermediary for more information about available share classes as not all share classes may be made available.

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