-----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, HRvqHKmhQvQgO/QXBR5OviJ4hYsafEMM66P8a6sWxu+K9TKYf4e/bQPoKvfg7rDw /YEq6OeFQS38jXQ5rugVJg== 0001105607-09-000122.txt : 20090701 0001105607-09-000122.hdr.sgml : 20090701 20090701131914 ACCESSION NUMBER: 0001105607-09-000122 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090701 DATE AS OF CHANGE: 20090701 EFFECTIVENESS DATE: 20090701 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: 09921600 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 0000052858 S000006362 Ivy European Opportunities Fund C000017498 Class A IEOAX C000017499 Class B IEOBX C000017500 Class C IEOCX C000017501 Class Y IEOYX C000017502 Advisor Class IEOVX C000043919 Class E C000045561 Class I 497 1 ivyeurop-497_7109.htm IVY FUNDS PROS STICKER
 

IVY FUNDS
 

Supplement dated July 1, 2009

to the

Ivy Equity Funds Prospectus dated July 31, 2008

and as supplemented September 4, 2008, April 8, 2009 and April 14, 2009
 
 

At a meeting held on March 26, 2009, the Board of Trustees of Ivy Funds unanimously approved the termination of the Investment Sub-Advisory Agreement between Ivy Investment Management Company (IICO) and Henderson Global Investors (North America) Inc. (Henderson), dated December 31, 2002, relating to Ivy European Opportunities Fund (Fund).  As a result, effective July 1, 2009, IICO, the Fund’s investment adviser, assumes direct investment management responsibilities of the Fund’s portfolio.  All references to Henderson where it appears in the Prospectus with respect to Ivy European Opportunities Fund are deleted. 
 

The following information replaces the disclosure regarding the management of Ivy European Opportunities Fund in the section entitled “Portfolio Management:”
 

Ivy European Opportunities Fund:  Thomas A. Mengel is primarily responsible for the day-to-day management of Ivy European Opportunities Fund and has held his Fund responsibilities since July 1, 2009, when IICO assumed direct investment management responsibilities of the Fund’s portfolio from Henderson Global Investors (North America) Inc., the Fund’s former investment subadviser.  He is Senior Vice President of IICO and WRIMCO.  Mr. Mengel has been a portfolio manager for, and employee of, WRIMCO since May 1996, other than a leave from December 31, 2008 through June 30, 2009.  He is a graduate of the University of Berlin with a degree in Business, Finance and Economics. 
 



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