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Boston, Massachusetts 02109
PH: (617)728-7100
FAX: (617)426-6567
December 15, 1998
VIA ELECTRONIC TRANSMISSION
U.S. Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
RE: IVY FUND, FILE NOS. 2-17613, 811-1028
Dear Sir or Madam:
Pursuant to Rule 497(j) under the Securities Act of 1933, as amended
(the "Act"), please accept this letter as certification on behalf of the
above-named Registrant (the "Trust") that the forms of Prospectuses and
Statements of Additional Information relating to Ivy US Blue Chip Fund that the
Trust would have filed pursuant to Rule 497(c) under the Act, in connection with
the filing on October 30, 1998 pursuant to Rule 485(b) under the Act of
Post-Effective Amendment No. 101 to the Trust's Registration Statement on Form
N-1A ("PEA101"), would not have differed from those contained in PEA101. PEA101
was filed electronically on October 30, 1998 as Accession No.:
0000945621-98-000158.
No fees are required in connection with this filing. Please call me at
(617) 728-7174 or Joseph R. Fleming at (617) 728-7161 if you have any questions.
Very truly yours,
TRACY M. SOEHLE
cc: Joseph R. Fleming, Esq.