<PAGE> PAGE 1
000 B000000 12/31/1999
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007 C010200 2
007 C020200 IVY GROWTH WITH INCOME FUND
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007 C010300 3
007 C020300 IVY INTERNATIONAL FUND
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007 C010400 4
007 C020400 IVY MONEY MARKET FUND
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007 C010500 5
007 C020500 IVY US EMERGING GROWTH FUND
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007 C010600 6
007 C020600 IVY CHINA REGION FUND
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007 C010700 7
007 C020700 IVY SOUTH AMERICA FUND
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007 C010800 8
007 C020800 IVY DEVELOPING NATIONS FUND
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007 C010900 9
007 C011000 10
007 C011100 11
007 C021100 IVY GLOBAL FUND
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<PAGE> PAGE 2
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007 C011300 13
007 C021300 IVY BOND FUND
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007 C011400 14
007 C021400 IVY GLOBAL SCIENCE & TECHNOLOGY FUND
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007 C011500 15
007 C021500 IVY ASIA PACIFIC FUND
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007 C011600 16
007 C021600 IVY GLOBAL NATURAL RESOURCES FUND
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007 C011700 17
007 C021700 IVY INTERNATIONAL SMALL COMPANIES FUND
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007 C011800 18
007 C021800 IVY INTERNATIONAL FUND II
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007 C011900 19
007 C021900 IVY PAN-EUROPE FUND
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007 C012000 20
007 C022000 IVY US BLUE CHIP FUND
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007 C012100 21
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007 C022200 IVY EUROPEAN OPPORTUNITIES FUND
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 39
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<PAGE> PAGE 40
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<PAGE> PAGE 41
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008 D010701 BOCA RATON
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<PAGE> PAGE 42
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<PAGE> PAGE 43
057 000700 N
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<PAGE> PAGE 44
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<PAGE> PAGE 45
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008 B000801 A
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<PAGE> PAGE 46
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<PAGE> PAGE 47
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<PAGE> PAGE 48
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<PAGE> PAGE 49
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<PAGE> PAGE 50
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008 B001101 A
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<PAGE> PAGE 51
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<PAGE> PAGE 52
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<PAGE> PAGE 53
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<PAGE> PAGE 54
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<PAGE> PAGE 55
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<PAGE> PAGE 56
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<PAGE> PAGE 57
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<PAGE> PAGE 58
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<PAGE> PAGE 59
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<PAGE> PAGE 60
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<PAGE> PAGE 61
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<PAGE> PAGE 62
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<PAGE> PAGE 63
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<PAGE> PAGE 64
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<PAGE> PAGE 65
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<PAGE> PAGE 66
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<PAGE> PAGE 67
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<PAGE> PAGE 68
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<PAGE> PAGE 69
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<PAGE> PAGE 70
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<PAGE> PAGE 71
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<PAGE> PAGE 72
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<PAGE> PAGE 73
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<PAGE> PAGE 74
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<PAGE> PAGE 75
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<PAGE> PAGE 76
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<PAGE> PAGE 77
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<PAGE> PAGE 78
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<PAGE> PAGE 79
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<PAGE> PAGE 80
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<PAGE> PAGE 81
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<PAGE> PAGE 82
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<PAGE> PAGE 83
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<PAGE> PAGE 84
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<PAGE> PAGE 85
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<PAGE> PAGE 86
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<PAGE> PAGE 87
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<PAGE> PAGE 88
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<PAGE> PAGE 89
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<PAGE> PAGE 90
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<PAGE> PAGE 91
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<PAGE> PAGE 92
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<PAGE> PAGE 93
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<PAGE> PAGE 94
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<PAGE> PAGE 95
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<PAGE> PAGE 96
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<PAGE> PAGE 97
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<PAGE> PAGE 98
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<PAGE> PAGE 99
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<PAGE> PAGE 100
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SIGNATURE JAMES W. BROADFOOT, III
TITLE PRESIDENT
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