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As recovery takes hold, our focus sharpens on equities, emerging middle class

Ivy Funds near the top of Barron's Best list for two years running

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			Ivy Funds #2 in Barron's 5-Year Ranking of "Best Mutual Fund Familities"

			Tech stocks off the beaten path Fortune

			Active vs. passive investment management In the ongoing debate over which management style generates the greatest return, one critical factor — asset allocation — is often overlooked.

			As recovery takes hold, our focus sharpens on equities, emerging middle class The Ivy Asset Strategy portfolio management team addresses the economy's continued recovery, reviews portfolio allocation and shares their thoughts on the likeliest sources of opportunity and growth in the months ahead.

			After a tumultuous year, what's ahead for global bonds? Ivy Global Bond Fund Portfolio Managers Dan Vrabac and Mark Beischel review an unprecedented year in the global bond market and share their perspective on what global bond investors may experience in the month ahead.

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Past performance is no guarantee of future results. The Ivy Funds are managed by Ivy Investment Management Company and distributed by its subsidiary, Ivy Funds Distributor, Inc. Waddell & Reed Financial, Inc., the ultimate parent company of Ivy Funds Distributor, Inc., acquired the investment advisor to the Ivy Funds in December 2002.

The products and services described in this website are offered only in the United States, Puerto Rico and the U.S. Virgin Islands. Nothing in this website should be considered a solicitation to buy or an offer to sell such products and services in any jurisdiction where the offer or solicitation would be unlawful under the laws of such jurisdiction. Ivy Funds distributed by Ivy Funds Distributor, Inc. and Waddell & Reed InvestEd Portfolios distributed by Waddell & Reed, Inc. are offered by prospectus only.

Investors should consider the investment objectives, risks, charges and expenses of a fund carefully before investing. For a prospectus containing this and other information for the Ivy Funds, call your financial advisor or click here. Please read the prospectus carefully before investing.