IVSAX : Ivy Global Bond 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 investing at least 80% of its net assets in a diversified portfolio of bonds of foreign and U.S. issuers. It invests at least 40% (or, if the advisor deems it warranted by market conditions, at least 30%) of its total assets in securities of non-U.S. issuers. The fund may invest up to 100% of its total assets in foreign securities and in securities denominated in currencies other than the U.S. dollar. It may invest in securities of any maturity.