EXHIBIT (E)(19)
IVY FUND
ADDENDUM TO
AMENDED AND RESTATED DISTRIBUTION AGREEMENT
Ivy International Growth Fund
Class A, Class B, Class C, Class I and Advisor Class Shares
AGREEMENT made as of the 8th day of December, 2000, by and between Ivy
Fund (the "Trust") and Ivy Mackenzie Distributors, Inc. ("IMDI")(formerly
"Mackenzie Ivy Funds Distribution, Inc.").
WHEREAS, the Trust is registered as an open-end investment company
under the Investment Company Act of 1940, as amended, and consists of one or
more separate investment portfolios, as may be designated from time to time; and
WHEREAS, IMDI serves as the Trust's distributor pursuant to an Amended
and Restated Distribution Agreement dated March 16, 1999 (the "Agreement"); and
WHEREAS, the Trustees of the Trust have duly approved an amendment to
the Agreement to include the Class A, Class B, Class C, Class I and Advisor
Class shares (the "Shares") of Ivy International Growth Fund.
WHEREAS, the Shares were established and designated by the Board of
Trustees of the Trust by written consent made effective as of the date that the
Registration Statement for the Funds was filed with the Securities and Exchange
Commission ("SEC") in accordance with Rule 485(a)(2) under the Securities Act of
1933 (the "Securities Act").
NOW THEREFORE, the Trust and IMDI hereby agree as follows:
Effective as of the date the Registration Statement pertaining
to Ivy International Growth Fund filed with the SEC pursuant
to Rule 485(a)(1) under the Securities Act first becomes
effective, the Agreement shall relate in all respects to the
Shares, in addition to the classes of shares of the Fund and
any other series of the Trust specifically identified in
Paragraph 1 of the Agreement and any other Addenda thereto.
IN WITNESS WHEREOF, the Trust and IMDI have adopted this Addendum as of
the date first set forth above.
IVY FUND
/s/ JAMES W. BROADFOOT
By: __________________________
James W. Broadfoot, President
IVY MACKENZIE DISTRIBUTORS, INC.
/s/ KEITH J. CARLSON
By: __________________________
Keith J. Carlson, President
