Ivy Value Fund

Fund Fees

Updated 07.31.2013

Maximum Sales Fees %
Initial
Deferred

Updated 07.31.2013

Maximum Fees %
Administrative 0.01
Management 0.7
Redemption

Updated 07.31.2013

Actual Fees %
12b-1 0.5
Management 0.7
Net Expense Ratio: Annual Report 1.55
Net Expense Ratio: Prospectus 1.55

Updated 03.05.2014

Total Cost Projections
3-Year $490.00
5-Year $845.00
10-Year $1,845.00

Purchase Information

Updated 07.31.2013

Minimum Investments
Initial $0.00
Additional
Initial IRA
Additional IRA
Initial AIP
Additional AIP