UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
(RULE14a-101)
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐
Check the appropriate box:
| ☐ | Preliminary Proxy Statement |
| ☐ | Confidential, for Use of the Commission Only (as permitted by Rule14a-6(e)(2)) |
| ☐ | Definitive Proxy Statement |
| ☒ | Definitive Additional Materials |
| ☐ | Soliciting Material under§240.14a-12 |
Ivy Funds
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
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| Payment of Filing Fee (Check the appropriate box): |
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| ☒ | | No fee required. |
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| ☐ | | Fee computed on table below per Exchange Act Rules14a-6(i)(1) and0-11. |
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| | (1) | | Title of each class of securities to which transaction applies: |
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| | (2) | | Aggregate number of securities to which transaction applies: |
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| | (3) | | Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): |
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| | (4) | | Proposed maximum aggregate value of transaction: |
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| | (5) | | Total fee paid: |
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| ☐ | | Fee paid previously with preliminary materials. |
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| ☐ | | Check box if any part of the fee is offset as provided by Exchange Act Rule0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. |
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| | (1) | | Amount Previously Paid: |
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| | (2) | | Form, Schedule or Registration Statement No.: |
| | (3) | | Filing Party: |
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IVYTax-Managed Equity Fund
Answering Machine Message
Meeting Date: November 1st, 2018
Toll-Free #1-844-288-1895
AUTOMATED ANSWERING MACHINE MESSAGE
Hello, we are calling on behalf of the IVYTax-Managed Equity Fund. You should have received proxy materials in the mail concerning the proposed fund merger to be voted on at the Special Meeting of Shareholders on November 1st, 2018.
Each shareholder is given the opportunity to vote, and your participation is very important. To vote over the telephone, call toll-free at1-844-288-1895 and a proxy voting specialist will assist you with voting your shares. Specialists are available Monday through Friday, 9:00am to 6:00pm Eastern Time. Voting takes just a few moments and will benefit all shareholders. Thank you for your prompt attention to this matter.
IVYTax-Managed Equity Fund
Inbound Closed, Call In Queue
and End of Campaign Script
Meeting Date: November 1st, 2018
Toll-Free #1-844-288-1895
INBOUND - CLOSED MESSAGE:
“Thank you for calling the Mediant Proxy Line on behalf ofIVYTax-Managed Equity Fund. Our offices are now closed. Please call us back during our normal business hours which are, Monday through Friday, 9:00 AM to 6:00 PM. Eastern Time. Thank you.”
INBOUND - CALL IN QUEUE MESSAGE:
“Thank you for calling the Mediant Proxy Line on behalf ofIVYTax-Managed Equity Fund. Our proxy specialists are currently assisting other shareholders. Your call is important to us. Please continue to hold and your call will be answered in the order in which it was received.”
END OF CAMPAIGN MESSAGE:
“Thank you for calling the Mediant Proxy Line on behalf ofIVYTax-Managed Equity Fund. The Special Meeting of Shareholders has been held and as a result, this toll free number is no longer in service for proxy related shareholder calls.
If you have questions about yourIVYTax-Managed Equity Fund account, please contact your Financial Advisor or callIVYdirectly at1-800-777-6472. Thank you for your partnership with Ivy Investments.
IVYTax-Managed Equity Fund
Inbound Script
Meeting Date: November 1st, 2018
Toll-Free #1-844-288-1895
GREETING:
Thank you for calling theIvyTax-Managed Equity Fundproxy information line.
My name is _____________, may I have your name please?
Thank you Mr./Ms._____________. Are you calling regarding the proposed fund merger to be voted on at the upcoming Special Shareholder meeting?
IF YES:
The Board of Directors recommends a vote “FOR” the Proposal
Would you like to vote along with the recommendation of your Board?
IF YES:Thank you. For the record, would you please state your full name and mailing address?
Again, my name is _____________, a proxy voting specialist on behalf of theIvyTax-Managed Equity Fund.
Today’s date is _____________ and the time is _____________ Eastern Time.
Mr./Ms. _____________, I have recorded your vote, in accordance with the Board’s recommendation. We will be mailing you a written confirmation of your vote within 72 hours.
If you wish to make any changes you may contact us by calling1-844-288-1985. Thank you very much for your participation and have a great day/evening.
IF NO TO VOTING WITH THE BOARD’S RECOMMENDATIONS:
How would you like to cast your vote on the proposal?
Proposal 1:
To approve a Plan of Reorganization between theIvy-Tax Managed Equity Fund and the Ivy Large Cap Growth Fund, each a series of Ivy Funds.
IVYTax-Managed Equity Fund
Inbound Script
Meeting Date: November 1st, 2018
Toll-Free #1-844-288-1895
Thank you. For the record, would you please state your full name and mailing address?
Again, my name is _____________, a proxy voting specialist on behalf of theIvyTax-Managed Equity Fund.
Today’s date is _____________ and the time is _____________ Eastern Time.
Mr./Ms. _____________, I have recorded your(For/Against/Abstain) vote with respect to the proposal as set forth in the proxy materials you received. We will be mailing you a written confirmation of your vote within 72 hours.
If you wish to make any changes you may contact us by calling1-844-288-1895. Thank you very much for your time and your vote. We hope you have a great day/evening.
IF NO:
Are there any questions regarding the proposal that I can help answer so that you may participate in the vote today?
If anon-proxy related question, respond:
Mr./Ms. _____________. I apologize I do not have access to that information. Please feel free to call your Financial Advisor or theIvyTax-Managed Equity Fundshareholder services teamdirectly at1-800-777-6472.
IVYTax-Managed Equity Fund
Outbound Script
Meeting Date: November 1st, 2018
Toll-Free #1-844-288-1895
GREETING:
Hello, is Mr./Ms. _____________ available?
IF YES SHAREHOLDER AVAILABLE:
Hi Mr./Ms. _____________, my name is _____________ and I am calling on a recorded line on behalf of theIvyTax-Managed Equity Fund.The Fund sent you proxy materials regarding the proposed merging of IvyTax-Managed Equity Fund into the similar Ivy Large Cap Growth Fund. Each shareholder is being given the opportunity to vote his or her eligible shares prior to the upcoming Special Shareholders meeting scheduled for November 1st, 2018.
The Board of Directors recommends a vote “FOR” the Proposal and we are calling to ask if you would like to vote along with the Board’s Recommendation.
IF YES TO VOTING WITH BOARD’s RECOMMENDATION:
Thank you. For the record, would you please state your full name and mailing address?
Again, my name is _____________, a proxy voting specialist on behalf of theIvyTax-Managed Equity Fund.
Today’s date is _____________ and the time is _____________ Eastern Time.
Mr./Ms. _____________, I have recorded your vote in accordance with the Board’s recommendation. We will be mailing you a written confirmation of your vote within 72 hours.
If you wish to make any changes you may contact us by calling 1-844-288-1895 Monday-Friday9am-6pm EST. Thank you very much for your time and your vote. We hope you have a great day/evening.
IF NO TO VOTING WITH THE BOARD’S RECOMMENDATION:
How would you like to cast your vote on the proposal?
Proposal 1:
To approve a Plan of Reorganization between theIvy-Tax Managed Equity Fund and the Ivy Large Cap Growth Fund, each a series of Ivy Funds.
1
IVYTax-Managed Equity Fund
Outbound Script
Meeting Date: November 1st, 2018
Toll-Free #1-844-288-1895
Thank you. For the record, would you please state your full name and mailing address?
Again, my name is _____________, a proxy voting specialist on behalf of theIvyTax-Managed Equity Fund.
Today’s date is _____________ and the time is _____________ Eastern Time.
Mr./Ms. _____________, I have recorded your(For/Against/Abstain) vote with respect to the proposal as set forth in the proxy materials you received. We will be mailing you a written confirmation of your vote within 72 hours.
If you wish to make any changes you may contact us by calling1-844-288-1895, Monday-Friday9am-6pm EST. Thank you very much for your time and your vote. We hope you have a great day/evening.
IF Shareholder NOT AVAILABLE:
Is there a better time to reach Mr./Ms._____________? (IF YES) Make note & set up call back time.
If materials not received:
I can resend the materials to you. Do you have an email address this can be sent to?
(IF YES: Type email addresses in the notes and read it back phonetically to the shareholder)
(IF NO: Continue with standard script)Can you please verify your mailing address? (Verify entire address, including street name, number, town, state & zip, to confirm we have it correctly) If shareholder will not provide address or email address they will need to contact their Financial Advisor to get a new package mailed to them.
Thank you. You should receive these materials shortly. Included in the email will be the statement as well as the toll free number to call us back and place your vote. The number is1-844-288-1895 and we are available Monday-Friday9am-6pm EST.
2
Your vote is needed now for the IvyTax-Managed Equity Fund
Special Meeting of Shareholders on November 1, 2018.
Dear Shareholder,
We are following up on proxy materials that were recently sent to you via email regarding theIvyTax-Managed Equity Fund Special Meeting.Due to the lack of response we have decided to send you a paper package.These materials describe the proposed reorganization of the IvyTax-Managed Equity Fund into the Ivy Large Cap Growth Fund (the Reorganization) and ask for your vote on this important matter. Our records indicate that we have not received your vote. By voting at your earliest convenience, prior to the November 1, 2018meeting date, you canhelp avoid additional costs associated with soliciting votes.
Your vote is important, no matter how many shares you own, in order for us to reach the required number of votes to hold the meeting.Once you have voted your account will be removed from further communications concerning this meeting.
Some of the reasons supporting the Reorganization include:
| | ● | | Ivy Large Cap Growth Fund has a similar investment strategy with a larger asset base. |
| | ● | | Reorganization would decrease the total expense ratio of certain classes of Ivy Large Cap Growth Fund. |
| | ● | | No expenses would increase. |
| | ● | | There will be no change to the strategy of Ivy Large Cap Growth Fund and its’ portfolio. |
| | ● | | The Reorganization is not a taxable event. |
| | ● | | Shareholders will not recognize a gain or loss for federal income tax purposes. |
To record your very important vote, choose one of the options below:
| | o | Touch tone voting – refer to the instructions on your enclosed ballot |
| | o | Internet voting – refer to the instructions on your enclosed ballot |
| | o | Mail – return your ballot in the enclosed Business Reply Envelope |
OR
| | o | To speak with a live representative - Call1-844-288-1895 (toll free) Monday through Friday – between 9:00 a.m. and 6:00 p.m., EDT, and Saturday between 10:00 a.m. and 6:00 p.m. |
When you call this number, you will speak with a representative of Mediant Communications, the firm assisting Ivy in gathering votes.
**Please be sure to have your ballot with your control number in hand when calling**
To view the proxy materials, follow the instructions on the
enclosed ballot.
After careful consideration, the Board of Trustees of IvyTax-Managed Equity Fund unanimously recommends that shareholders vote in favor of the proposal.
Thank you!
IVY TME MF R2
Your vote is needed now for the IvyTax-Managed Equity Fund
Special Meeting of Shareholders on November 1, 2018.
Dear Shareholder,
We are following up on proxy materials that were recently sent to you regarding theIvyTax-Managed Equity Fund Special Meeting.These materials describe the proposed reorganization of the IvyTax-Managed Equity Fund into the Ivy Large Cap Growth Fund (the Reorganization) and ask for your vote on this important matter. Our records indicate that we have not received your vote. By voting at your earliest convenience, prior to the November 1, 2018meeting date, you canhelp avoid additional costs associated with soliciting votes.
Your vote is important, no matter how many shares you own, in order for us to reach the required number of votes to hold the meeting.Once you have voted your account will be removed from further communications concerning this meeting.
Some of the reasons supporting the Reorganization include:
| | ● | | Ivy Large Cap Growth Fund has a similar investment strategy with a larger asset base. |
| | ● | | Reorganization would decrease the total expense ratio of certain classes of Ivy Large Cap Growth Fund. |
| | ● | | No expenses would increase. |
| | ● | | There will be no change to the strategy of Ivy Large Cap Growth Fund and its’ portfolio. |
| | ● | | The Reorganization is not a taxable event. |
| | ● | | Shareholders will not recognize a gain or loss for federal income tax purposes. |
To record your very important vote, choose one of the options below:
| | o | Touch tone voting – refer to the instructions on your enclosed ballot |
| | o | Internet voting – refer to the instructions on your enclosed ballot |
| | o | Mail – return your ballot in the enclosed Business Reply Envelope |
OR
| | o | To speak with a live representative - Call1-844-288-1895 (toll free) Monday through Friday – between 9:00 a.m. and 6:00 p.m., EDT, and Saturday between 10:00 a.m. and 6:00 p.m. |
When you call this number, you will speak with a representative of Mediant Communications, the firm assisting Ivy in gathering votes.
**Please be sure to have your ballot with your control number in hand when calling**
To view the proxy materials, follow the instructions on the
enclosed ballot.
After careful consideration, the Board of Trustees of IvyTax-Managed Equity Fund unanimously recommends that shareholders vote in favor of the proposal.
Thank you!
IVY TME MF R2
Your vote is needed now for the IvyTax-Managed Equity Fund
Special Meeting of Shareholders on November 1, 2018.
Dear Shareholder,
We are following up on proxy materials that were recently sent to you regarding theIvyTax-Managed Equity Fund Special Meeting.These materials describe the proposed reorganization of the IvyTax-Managed Equity Fund into the Ivy Large Cap Growth Fund (the Reorganization) and ask for your vote on this important matter. Our records indicate that we have not received your vote. By voting at your earliest convenience, prior to the November 1, 2018meeting date, you canhelp avoid additional costs associated with soliciting votes.
Your vote is important, no matter how many shares you own, in order for us to reach the required number of votes to hold the meeting.Once you have voted your account will be removed from further communications concerning this meeting.
Some of the reasons supporting the Reorganization include:
| | ● | | Ivy Large Cap Growth Fund has a similar investment strategy with a larger asset base. |
| | ● | | Reorganization would decrease the total expense ratio of certain classes of Ivy Large Cap Growth Fund. |
| | ● | | No expenses would increase. |
| | ● | | There will be no change to the strategy of Ivy Large Cap Growth Fund and its’ portfolio. |
| | ● | | The Reorganization is not a taxable event. |
| | ● | | Shareholders will not recognize a gain or loss for federal income tax purposes. |
To record your very important vote, choose one of the options below:
| | o | Touch tone voting – refer to the instructions on your enclosed ballot |
| | o | Internet voting – refer to the instructions on your enclosed ballot |
| | o | Mail – return your ballot in the enclosed Business Reply Envelope |
**Please be sure to have your ballot with your control number in hand when calling**
To view the proxy materials, follow the instructions on the
enclosed ballot.
After careful consideration, the Board of Trustees of IvyTax-Managed Equity Fund unanimously recommends that shareholders vote in favor of the proposal.
Thank you!
IVY TME MF B2
Your vote is needed for the IvyTax-Managed Equity Fund
Special Meeting of Shareholders to be held on November 1, 2018.
Dear Shareholder,
We are following up on proxy materials that were recently sent to you regarding theSpecial Meeting of Shareholders of the IvyTax-Managed Equity Fund.These materials describe the proposed reorganization of the IvyTax-Managed Equity Fund into the Ivy Large Cap Growth Fund and ask for your vote on this important matter. Our records indicate that we have not received your vote.By voting prior to the November 1, 2018 meeting date, you can help avoid additional costs associated with soliciting votes. Additionally, this account will be removed from further contact regarding voting for this meeting.
Your vote is important – regardless of how many shares you own – in order for us to reach the required number of votes to hold the meeting and pass the proposal.
Choose one of the options below to record your very important vote:
| | o | Internet voting – refer to the instructions and Voting Control Number on your enclosed ballot; |
| | o | Touch-tone voting - refer to the instructions and Voting Control Number on your enclosed ballot; |
| | o | Mail – return your ballot in the enclosed Business Reply Envelope |
To view the proxy materials online, go to:
www.proxyvote.com
and enter the control number from your ballot. Click on IMPORTANT MATERIALS.
After careful consideration, the Board of Trustees unanimously recommends that Shareholders vote “FOR” the Proposal.
Sincerely,
Ivy Investments
Ben1ITME
Your vote is needed for the IvyTax-Managed Equity Fund
Special Meeting of Shareholders to be held on November 1, 2018.
Dear Shareholder,
We are following up on proxy materials that were recently sent to you regarding theSpecial Meeting of Shareholders of the IvyTax-Managed Equity Fund.These materials describe the proposed reorganization of the IvyTax-Managed Equity Fund into the Ivy Large Cap Growth Fund and ask for your vote on this important matter. Our records indicate that we have not received your vote.By voting prior to the November 1, 2018 meeting date, you can help avoid additional costs associated with soliciting votes. Additionally, this account will be removed from further contact regarding voting for this meeting.
Your vote is important – regardless of how many shares you own – in order for us to reach the required number of votes to hold the meeting and pass the proposal.
Choose one of the options below to record your very important vote:
| | o | Internet voting –visit http://www.proxypush.com/IVY and refer to the instructions and Voting Control Number on your enclosed ballot; |
| | o | Touch-tone voting - refer to the instructions and Voting Control Number on your enclosed ballot; |
| | o | Mail – return your ballot in the enclosed Business Reply Envelope; or |
| | o | Call (844)288-1895 (toll free) Monday through Thursday between 9:00 a.m. and 10:00 p.m. EDT, Friday between 9:00 a.m. and 6:00 p.m. and Saturday between 10:00 a.m. and 6:00 p.m. EDT to speak with a live representative. Please ensure to have your ballot with control number in hand. |
To view the proxy materials online, visit www.proxypush.com/IVY and follow the
instructions on the enclosed ballot.
After careful consideration, the Board of Trustees unanimously recommends that Shareholders vote “FOR” the Proposal.
Sincerely,
Ivy Investments
Reg1ITME
