IMAAX : Ivy Apollo Multi-Asset Income Fund Class A

Fund Summary

The investment seeks to provide a high level of current income; capital appreciation is a secondary objective. The fund seeks to achieve its objectives by allocating its assets among four different investment strategies: total return strategy; high income strategy; global equity income strategy; and global real estate strategy. The target allocation of the total return strategy is 20%; the target allocation of the high income strategy is 30%; the target allocation of the global equity income strategy is 40%; the target allocation of the global real estate strategy is 10%.