0001193125-15-242329.txt : 20150701 0001193125-15-242329.hdr.sgml : 20150701 20150701100233 ACCESSION NUMBER: 0001193125-15-242329 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150701 DATE AS OF CHANGE: 20150701 EFFECTIVENESS DATE: 20150701 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Ivy Funds Variable Insurance Portfolios CENTRAL INDEX KEY: 0000810016 IRS NUMBER: 481146010 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-11466 FILM NUMBER: 15963386 BUSINESS ADDRESS: STREET 1: 6300 LAMAR AVENUE 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: Ivy Funds Variable Insurance Portfolios, Inc. DATE OF NAME CHANGE: 20080819 FORMER COMPANY: FORMER CONFORMED NAME: W&R TARGET FUNDS INC DATE OF NAME CHANGE: 20001026 FORMER COMPANY: FORMER CONFORMED NAME: TARGET UNITED FUNDS INC DATE OF NAME CHANGE: 19990506 0000810016 S000006227 Ivy Funds VIP Micro Cap Growth C000017161 SAME 497 1 d948471d497.htm IVY FUNDS VIP SAI SUPPLEMENT Ivy Funds VIP SAI Supplement

Ivy Funds Variable Insurance Portfolios

Supplement dated July 1, 2015 to the

Ivy Funds Variable Insurance Portfolios Statement of Additional Information

dated April 30, 2015

Effective July 1, 2015, WRIMCO, the Portfolio’s investment adviser, assumed direct investment management responsibilities of Ivy Funds VIP Micro Cap Growth from Wall Street Associates, LLC (Wall Street), the Portfolio’s former investment subadviser. In addition, effective July 1, 2015, John Bichelmeyer assumed investment management responsibilities for Ivy Funds VIP Micro Cap Growth.

Therefore, as of July 1, 2015, all references to Wall Street, Paul J. Ariano, Paul K. LeCoq, Luke A. Jacobson and Alexis C. Waadt where they appear in the SAI are deleted. The following changes to the SAI also take effect as of July 1, 2015:

The following is added to the end of the first table in the “Portfolio Managers — Portfolio Managers employed by WRIMCO — Ownership of Securities” section:

As of June 30, 2015, the dollar range of shares beneficially owned by the portfolio manager was:

 

Manager      Portfolio Managed in
Ivy Funds Variable
Insurance Portfolios		    Dollar Range of Shares
Owned* in Portfolio
Managed		      Dollar Range of Shares
Owned in Similarly
Managed Funds within
the Fund Complex		      Dollar Range of Shares
Owned in the Fund
Complex		  

John Bichelmeyer

      Ivy Funds VIP Micro Cap Growth1    $ 0       $ 0       $ 0   
* The Portfolios’ shares are available for purchase only by Participating Insurance Companies and are indirectly owned by investors in the Policies for which the Portfolios serve as underlying investment vehicles.
1 

Mr. Bichelmeyer assumed investment management responsibilities for Ivy Funds VIP Micro Cap Growth effective July 1, 2015.

 

Supplement   Statement of Additional Information   1