[LOGO] IVY FUND
Ivy European Opportunities Fund
Ivy Global Fund
Ivy Global Natural Resources Fund
Ivy Global Science & Technology Fund
Ivy International Fund II
Ivy International Small Companies Fund
Ivy Pan-Europe Fund
Supplement Dated June 21, 1999
to Prospectus Dated May 3, 1999
*
Effective June 21, 1999, orders for the purchase of shares of Ivy
European Opportunities Fund are no longer being accepted.
*
Via Mizner Financial Plaza
700 South Federal Highway
Boca Raton, Florida 33432
1-800-456-5111
www.ivymackenzie.com
e-mail: [email protected]
16INTLX0699
[LOGO] IVY FUND
Ivy European Opportunities Fund
Ivy Global Fund
Ivy Global Natural Resources Fund
Ivy Global Science & Technology Fund
Ivy International Fund II
Ivy International Small Companies Fund
Ivy Pan-Europe Fund
ADVISOR CLASS SHARES
Supplement Dated June 21, 1999
to Prospectus Dated May 3, 1999
*
Effective June 21, 1999, orders for the purchase of shares of Ivy European
Opportunities Fund are no longer being accepted.
*
Via Mizner Financial Plaza
700 South Federal Highway
Boca Raton, Florida 33432
1-800-456-5111
www.ivymackenzie.com
e-mail: [email protected]
16INTAC0699