IATAX : Ivy Accumulative Fund Class A

Fund Summary

The investment seeks to provide capital growth and appreciation. The fund seeks to achieve its objective to provide capital growth and appreciation by investing primarily in a diversified portfolio of common stocks of U.S. companies that IICO considers to be high quality growth companies with an attractive long-term investment potential, the risks of which are, in IICO's opinion, consistent with the fund's objective. It will invest primarily in growth-oriented companies.