CERTIFICATION
Pursuant to Rule 497(j) under the Securities Act of 1933, Ivy Funds (1933 Act File No. 2-17613; 1940 Act File No. 811-01028; CIK #000052858) ("Registrant") hereby certifies (a) that the form of Prospectus with respect to Equity Funds, the form of Prospectus with respect to Fixed Income Funds, the form of Prospectus with respect to Class E shares, the form of Prospectus with respect to Class R shares, and the form of Statement of Additional Information used with respect to the Registrant does not differ from that contained in Post-Effective Amendment No. 152 ("Amendment No. 152") to its Registration Statement on Form N-1A, which is Registrant's most recent post-effective amendment, and (b) that Amendment No. 152 was filed electronically.
		IVY FUNDS
Dated: August 5, 2009	By:	/s/Kristen A. Richards
		Kristen A. Richards
		Vice President, Assistant Secretary and
		Associate General Counsel