EXHIBIT 17 FORM OF PROXY IVY CANADA FUND A Series of IVY FUND PROXY SOLICITED BY TRUSTEES The undersigned, having received Notice of the February 26, 1999 Special Meeting of Shareholders of Ivy Canada Fund (the "Fund"), a series of Ivy Fund (the "Trust"), and the related Proxy Statement/Prospectus, hereby appoints C. William Ferris, Keith J. Carlson, and Deborah P. Mason, and each of them, as proxies, with full power of substitution and revocation, to represent the undersigned and to vote all shares of the Fund which the undersigned is entitled to vote at the Special Meeting of Shareholders of the Fund to be held on February 26, 1999 and any adjournments thereof. PLEASE INDICATE VOTE ON REVERSE SIDE OF CARD. UNLESS OTHERWISE SPECIFIED, THIS PROXY WILL BE VOTED IN FAVOR OF ITEM 1. Dated: __________________, 1999 Please sign name or names as appearing on proxy. If signing as a representative, please include capacity. Please indicate by filling in the appropriate box below, as shown, using blue or black ink or dark pencil, do not use red ink. UNLESS OTHERWISE SPECIFIED, THIS PROXY WILL BE VOTED IN FAVOR OF ITEM 1. FOR AGAINST ABSTAIN 1. Approval of the Agreement and Plan of Reorganization between the Trust, on behalf of the Fund, and the Trust, on behalf of Ivy Global _____ _____ _____ Natural Resources Fund, as set forth in the Proxy Statement/Prospectus. 2. In the discretion of the proxies, on any other matters _____ _____ _____ that may properly come before the meeting. As to matters set forth in item 1 above, this proxy will be voted in accordance with the specifications of the shareholder. PLEASE DO NOT FORGET TO SIGN THE REVERSE SIDE OF CARD.