0001137439-21-000131.txt : 20210226 0001137439-21-000131.hdr.sgml : 20210226 20210226173001 ACCESSION NUMBER: 0001137439-21-000131 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20210226 DATE AS OF CHANGE: 20210226 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IVY FUNDS CENTRAL INDEX KEY: 0000883622 IRS NUMBER: 481112076 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-06569 FILM NUMBER: 21691574 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: IVY FUNDS INC DATE OF NAME CHANGE: 20030630 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 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INVESTED PORTFOLIOS CENTRAL INDEX KEY: 0001141323 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-10431 FILM NUMBER: 21691576 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: WADDELL & REED INVESTED PORTFOLIOS DATE OF NAME CHANGE: 20100301 FORMER COMPANY: FORMER CONFORMED NAME: WADDELL & REED INVESTED PORTFOLIOS INC DATE OF NAME CHANGE: 20010524 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Ivy Variable Insurance Portfolios CENTRAL INDEX KEY: 0000810016 IRS NUMBER: 481146010 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-05017 FILM NUMBER: 21691575 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 DATE OF NAME CHANGE: 20100301 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 0000810016 S000006224 Ivy VIP Asset Strategy C000017158 Class II C000190645 Class I 0000810016 S000006225 Ivy VIP International Core Equity C000017159 Class II 0000810016 S000006228 Ivy VIP Mid Cap Growth C000017162 Class II C000190647 Class I 0000810016 S000006229 Ivy VIP Government Money Market C000017163 Class II 0000810016 S000006231 Ivy VIP Securian Real Estate Securities C000017165 Class II 0000810016 S000006232 Ivy VIP Science and Technology C000017166 Class II C000190648 Class I 0000810016 S000006233 Ivy VIP Small Cap Growth C000017167 Class II C000203521 Class I 0000810016 S000006234 Ivy VIP Small Cap Core C000017168 Class II 0000810016 S000006235 Ivy VIP Balanced C000017169 Class II 0000810016 S000006236 Ivy VIP Value C000017170 Class II 0000810016 S000006237 Ivy VIP Corporate Bond C000017171 Class II 0000810016 S000006238 Ivy VIP Core Equity C000017172 Class II 0000810016 S000006239 Ivy VIP Global Equity Income C000017173 Class II 0000810016 S000006240 Ivy VIP Natural Resources C000017174 Class II 0000810016 S000006241 Ivy VIP Growth C000017175 Class II 0000810016 S000006242 Ivy VIP High Income C000017176 Class II C000190649 Class I 0000810016 S000006243 Ivy VIP Global Growth C000017177 Class II 0000810016 S000011749 Ivy VIP Energy C000032174 Class II C000190650 Class I 0000810016 S000020588 Ivy VIP Pathfinder Aggressive C000057543 Class II 0000810016 S000020589 Ivy VIP Pathfinder Moderately Aggressive C000057544 Class II 0000810016 S000020590 Ivy VIP Pathfinder Moderate C000057545 Class II 0000810016 S000020591 Ivy VIP Pathfinder Moderately Conservative C000057546 Class II 0000810016 S000020592 Ivy VIP Pathfinder Conservative C000057547 Class II 0000810016 S000029765 Ivy VIP Global Bond C000091475 Class II 0000810016 S000029766 Ivy VIP Limited-Term Bond C000091476 Class II 0000810016 S000041732 Ivy VIP Pathfinder Moderate - Managed 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C000017295 Class B WLTBX C000017296 Class C WLBCX C000017297 Class Y WLTYX C000043905 Class E IVLEX C000045548 Class I ILTIX C000122151 Class R IYLTX C000146683 Class N ILMDX 0000883622 S000006293 Ivy Mid Cap Growth Fund C000017298 Class R WMGRX C000017299 Class A WMGAX C000017300 Class B WMGBX C000017301 Class C WMGCX C000017302 Class Y WMGYX C000043906 Class E IMCEX C000045549 Class I IYMIX C000146684 Class N IGRFX 0000883622 S000006294 Ivy Government Money Market Fund C000017303 Class A WRAXX C000017304 Class B WRBXX C000017305 Class C WRCXX C000043907 Class E IVEXX C000193500 Class N WRNXX 0000883622 S000011242 Ivy Energy Fund C000030961 Class A IEYAX C000030962 Class B IEYBX C000030963 Class C IEYCX C000030964 Class Y IEYYX C000045550 Class I IVEIX C000122152 Class R IYEFX C000146685 Class N IENRX 0000883622 S000024823 Ivy Balanced Fund C000073854 Class A IBNAX C000073855 Class B IBNBX C000073856 Class C IBNCX C000073858 Class I IYBIX C000073859 Class Y IBNYX C000122153 Class R IYBFX C000146686 Class N IBARX 0000883622 S000024824 Ivy Global Growth Fund C000073860 Class A IVINX C000073861 Class Y IVIYX C000073862 Class B IVIBX C000073863 Class C IVNCX C000073865 Class I IGIIX C000122154 Class R IYIGX C000146687 Class N ITGRX 0000883622 S000024826 Ivy Managed International Opportunities Fund C000073872 Class Y IVTYX C000073873 Class A IVTAX C000073874 Class B IVTBX C000073875 Class C IVTCX C000073877 Class I IVTIX C000122156 Class R IYMGX C000193501 Class N IVTNX 0000883622 S000024829 Ivy Emerging Markets Equity Fund C000073889 Class Y IPOYX C000073890 Class A IPOAX C000073891 Class B IPOBX C000073892 Class C IPOCX C000073894 Class I IPOIX C000122158 Class R IYPCX C000146689 Class N IMEGX 0000883622 S000024830 Ivy Securian Real Estate Securities Fund C000073895 Class Y IRSYX C000073896 Class A IRSAX C000073897 Class B IRSBX C000073898 Class C IRSCX C000073899 Class E IREEX C000073900 Class I IREIX C000073901 Class R IRSRX C000146690 Class N IRSEX 0000883622 S000024831 Ivy Small Cap Core Fund C000073902 Class Y IYSYX C000073903 Class A IYSAX C000073904 Class B IYSBX C000073905 Class C IYSCX C000073907 Class I IVVIX C000122159 Class R IYSMX C000146691 Class N ISPVX 0000883622 S000024832 Ivy Value Fund C000073908 Class A IYVAX C000073909 Class B IYVBX C000073910 Class C IYVCX C000073912 Class I IYAIX C000073913 Class Y IYVYX C000122160 Class R IYVLX C000146692 Class N IVALX 0000883622 S000024833 Ivy Securian Core Bond Fund C000073914 Class A IBOAX C000073915 Class B IBOBX C000073916 Class C IBOCX C000073917 Class E IVBEX C000073918 Class I IVBIX C000073919 Class Y IBOYX C000122161 Class R IYBDX C000146693 Class N IBNDX 0000883622 S000024834 Ivy Pzena International Value Fund C000073920 Class B ICDBX C000073921 Class A ICDAX C000073922 Class C ICDCX C000073924 Class I ICVIX C000073925 Class Y ICDYX C000122162 Class R IYCUX C000146694 Class N ICNGX 0000883622 S000024837 Ivy Global Bond Fund C000073938 Class B IVSBX C000073939 Class C IVSCX C000073940 Class I IVSIX C000073941 Class Y IVSYX C000073942 Class A IVSAX C000122165 Class R IYGOX C000146697 Class N IVBDX 0000883622 S000024838 Ivy Natural Resources Fund C000073943 Class B IGNBX C000073944 Class C IGNCX C000073945 Class E IGNEX C000073946 Class I IGNIX C000073947 Class R IGNRX C000073948 Class Y IGNYX C000073949 Class A IGNAX C000146698 Class N INRSX 0000883622 S000024840 Ivy International Core Equity Fund C000073956 Class Y IVVYX C000073957 Class B IIFBX C000073958 Class C IVIFX C000073959 Class E IICEX C000073960 Class I ICEIX C000073961 Class A IVIAX C000122166 Class R IYITX C000146700 Class N IINCX 0000883622 S000025600 Ivy Municipal High Income Fund C000076687 Class A IYIAX C000076688 Class B IYIBX C000076689 Class C IYICX C000076690 Class I WYMHX C000076691 Class Y IYIYX C000193505 Class N IYINX 0000883622 S000037255 Ivy Global Equity Income Fund C000114758 Class A IBIAX C000114759 Class B IBIBX C000114760 Class C IBICX C000114761 Class I IBIIX C000114762 Class Y IBIYX C000119096 Class R IYGEX C000146701 Class N IICNX C000198428 Class E IBIEX 0000883622 S000040037 Ivy LaSalle Global Real Estate Fund C000124273 Class A IREAX C000124274 Class B IREBX C000124275 Class C IRECX C000124276 Class I IRESX C000124277 Class R IRERX C000124278 Class Y IREYX C000193507 Class N IRENX 0000883622 S000043807 Ivy Pictet Emerging Markets Local Currency Debt Fund C000135880 Class A IECAX C000135881 Class C IECCX C000135883 Class I IECIX C000135885 Class Y IECYX C000154020 Class N IMMCX 0000883622 S000046881 Ivy Mid Cap Income Opportunities Fund C000146475 Class A IVOAX C000146476 Class C IVOCX C000146478 Class I IVOIX C000146479 Class R IVORX C000146480 Class Y IVOYX C000146481 Class N IVOSX 0000883622 S000051065 Ivy Apollo Strategic Income Fund C000160881 Class A IAPOX C000160882 Class C ICPOX C000160883 Class I IIPOX C000160884 Class N IRPOX C000160885 Class Y IYPOX 0000883622 S000051066 Ivy Apollo Multi-Asset Income Fund C000160886 Class Y IMAYX C000160887 Class A IMAAX C000160888 Class C IMACX C000160889 Class I IMAIX C000160890 Class N IMURX 0000883622 S000052348 Ivy Pictet Targeted Return Bond Fund C000164624 Class A IRBAX C000164625 Class C IRBCX C000164626 Class I IRBIX C000164627 Class N IRBRX C000164628 Class Y IRBYX 0000883622 S000055249 Ivy California Municipal High Income Fund C000173730 Class A IMHAX C000173731 Class C IMHCX C000173732 Class I IMHIX C000173733 Class Y IMHYX 0000883622 S000056044 Ivy International Small Cap Fund C000176465 Class A IVJAX C000176466 Class C IVJCX C000176467 Class I IVJIX C000176468 Class N IVJRX C000176469 Class Y IVJYX 0000883622 S000056903 Ivy Crossover Credit Fund C000180678 Class A ICKAX C000180680 Class I ICKIX C000180681 Class N ICKNX C000180684 Class Y ICKYX 0000883622 S000057248 Ivy ProShares S&P 500 Dividend Aristocrats Index Fund C000182589 Class A IDAAX C000182590 Class E IDAEX C000182591 Class I IDAIX C000182592 Class N IDANX C000182593 Class R IDARX 0000883622 S000057249 Ivy ProShares Russell 2000 Dividend Growers Index Fund C000182595 Class N IRUNX C000182598 Class A IRUAX C000182599 Class E IRUEX C000182600 Class I IRUIX 0000883622 S000057250 Ivy ProShares Interest Rate Hedged High Yield Index Fund C000182601 Class A IAIRX C000182602 Class E IIREX C000182603 Class I IIIRX C000182605 Class R IIRRX 0000883622 S000057251 Ivy ProShares S&P 500 Bond Index Fund C000182607 Class A IAPRX C000182608 Class E IPREX C000182609 Class I IPRIX C000182611 Class R IPRRX 0000883622 S000057252 Ivy ProShares MSCI ACWI Index Fund C000182613 Class A IMWAX C000182614 Class E IMWEX C000182615 Class I IMWIX 0000883622 S000057669 Ivy PineBridge High Yield Fund C000184431 Class A IPNAX C000184432 Class I IPNIX C000184433 Class N IPNNX 0000883622 S000058120 Ivy Accumulative Fund C000190303 Class A IATAX C000190304 Class B IATBX C000190305 Class C IATCX C000190307 Class I IATIX C000190308 Class N IATNX 0000883622 S000058121 Ivy Wilshire Global Allocation Fund C000190311 Class B IWGBX C000190312 Class C IWGCX C000190314 Class I IWGIX C000190315 Class N IWGNX C000190318 Class A IWGAX 0000883622 S000058122 Ivy Corporate Bond Fund C000190319 Class A IBJAX C000190320 Class B IBJBX C000190321 Class C IBJCX C000190323 Class I IBJIX C000190324 Class N IBJNX C000190326 Class Y IBJYX 0000883622 S000058123 Ivy Government Securities Fund C000190327 Class A IGJAX C000190328 Class B IGJBX C000190329 Class C IGJCX C000190331 Class I IGJIX C000190332 Class N IGJNX 0000883622 S000058124 Ivy Cash Management Fund C000190335 Class A IAAXX C000190336 Class B IABXX C000190337 Class C IACXX 0001141323 S000006296 InvestEd 60 Portfolio C000017312 InvestEd 60 Portfolio WBLAX 0001141323 S000006297 InvestEd 40 Portfolio C000017315 InvestEd 40 Portfolio WICAX 0001141323 S000006298 InvestEd 70 Portfolio C000017318 InvestEd 70 Portfolio WAGRX 0001141323 S000058996 InvestEd 90 Portfolio C000193526 InvestEd 90 Portfolio WAGPX 0001141323 S000058997 InvestEd 20 Portfolio C000193527 InvestEd 20 Portfolio WICPX 0001141323 S000058998 InvestEd 0 Portfolio C000193528 InvestEd 0 Portfolio WFXPX 0001141323 S000069376 InvestEd 80 Portfolio C000221381 InvestEd 80 Portfolio WAAJX 0001141323 S000069377 InvestEd 50 Portfolio C000221382 InvestEd 50 Portfolio WAAHX 0001141323 S000069378 InvestEd 30 Portfolio C000221383 InvestEd 30 Portfolio WAAGX 0001141323 S000069379 InvestEd 10 Portfolio C000221384 InvestEd 10 Portfolio WAAFX DEFA14A 1 diffivydefa14a02262021.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a)
of the Securities Exchange Act of 1934
(Amendment No.     )

Filed by the Registrant  ☑                              Filed by a Party other than the Registrant  ☐
Check the appropriate box:

     
☐
  
Preliminary Proxy Statement
   
☐
  
Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
   
☐
  
Definitive Proxy Statement
   
☑
  
Definitive Additional Materials
   
☐
  
Soliciting Material Pursuant to §240.14a-12

Ivy Funds
InvestEd Portfolios
Ivy Variable Insurance Portfolios
(Names of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check the appropriate box):
         
   
☑
  
No fee required.
   
☐
  
Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
     
 
  
(1)
  
Title of each class of securities to which transaction applies:
 
     
 
     
 
  
(2)
  
Aggregate number of securities to which transaction applies:
 
     
 
     
 
  
(3)
  
Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):
 
     
 
     
 
  
(4)
  
Proposed maximum aggregate value of transaction:
 
     
 
     
 
  
(5)
  
Total fee paid:
 
     
 
   
☐
  
Fee paid previously with preliminary materials.
   
☐
  
Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
     
 
  
(1)
  
Amount Previously Paid:
 
     
 
     
 
  
(2)
  
Form, Schedule or Registration Statement No.:
 
     
 
     
 
  
(3)
  
Filing Party:
 
     
 
     
 
  
(4)
  
Date Filed:
 
     
 
 







[FMG email from advisor to clients]
I wanted to give you more background on information you recently received from Ivy Investments. You received the information, called a proxy statement, because some of your investment accounts include investment strategies managed by Ivy Investment Management Company.
The Ivy Funds, InvestEd Portfolios, Ivy Variable Insurance Portfolios and Ivy High Income Opportunities Fund are collectively referred to here as the “Ivy Trusts.” The proxy or proxies you received seek approval of three proposals related to Macquarie Group Limited’s (“Macquarie Group”) proposed acquisition of Waddell & Reed Financial, Inc. (“WDR”)*, which is the parent firm of Ivy Investment Management Company:

 •
To elect thirteen (13) trustees to the Board of Trustees of each Ivy Trust

•
To approve a new investment advisory agreement for each Ivy Trust

•
To approve each Ivy Trust’s ability to rely on a new manager of managers exemptive order and, if applicable, certain of its affiliated sub-advisors
You can vote on these matters online, via telephone or standard mail, according to the directions included in the materials. Once you vote, you should no longer be contacted regarding this matter. Here are some things that it is important to keep in mind when preparing to vote:

 •
Your investments in any of the Ivy Trusts will not change as a result of these proposals or the pending acquisition.

•
You will own the same shares and the underlying value of those shares will not change as a result of these proposals or the pending transaction.

•
Following the closing of the acquisition, the portfolio managers will continue to manage the Ivy Trusts according to the same objectives and policies as before.

•
There is no shareholder cost associated with these proposals.

•
The Board of Trustees of each Trust has approved and recommends that shareholders vote for all nominees in the Trustee Election Proposal, for the New Investment Advisory Agreement Proposal and for the Manager of Managers Proposal and, if applicable, certain of its affiliated sub-advisors.
Thank you for your attention to this, and please let me know if you have further questions or any concerns about this proxy statement.
Sincerely,

*Macquarie Group’s proposed acquisition of WDR is subject to separate approval by WDR’s shareholders and customary closing conditions, including receipt of applicable regulatory approvals. Subject to such approvals and the satisfaction of certain other conditions, the transaction is expected to close on or about  April 30, 2021.
IVY INVESTMENTSTM refers to investment management and investment management advisory services offered by Ivy Investment Management Company, the financial services offered by Ivy Distributors, Inc, a FINRA member broker dealer and distributor of the IVY FUNDS® mutual funds, IVY VARIABLE INSURANCE PORTFOLIOS®, and the financial services offered by their affiliates.