X0101 EFFECT 33 LIVE 2012-12-18 0001193125-12-503696 485APOS 0000883622 IVY FUNDS 033-45961 S000006288 Ivy Core Equity Fund C000122149 Class R S000006289 Ivy High Income Fund C000122150 Class R S000006292 Ivy Limited-Term Bond Fund C000122151 Class R S000011242 Ivy Energy Fund C000122152 Class R S000024823 Ivy Balanced Fund C000122153 Class R S000024824 Ivy International Growth Fund C000122154 Class R S000024825 Ivy Managed European/Pacific Fund C000122155 Class R S000024826 Ivy Managed International Opportunities Fund C000122156 Class R S000024827 Ivy Micro Cap Growth Fund C000122157 Class R S000024829 Ivy Pacific Opportunities Fund C000122158 Class R S000024831 Ivy Small Cap Value Fund C000122159 Class R S000024832 Ivy Value Fund C000122160 Class R S000024833 Ivy Bond Fund C000122161 Class R S000024834 Ivy Cundill Global Value Fund C000122162 Class R S000024835 Ivy Dividend Opportunities Fund C000122163 Class R S000024836 Ivy European Opportunities Fund C000122164 Class R S000024837 Ivy Global Bond Fund C000122165 Class R S000024839 Ivy Global Income Allocation Fund C000119095 Class R S000024840 Ivy International Core Equity Fund C000122166 Class R S000037255 Ivy Global Equity Income Fund C000119096 Class R