Ivy Funds now co-branded with the Delaware name

On April 30, 2021, Macquarie Asset Management completed the acquisition of the investment management business of Waddell & Reed Financial, Inc., the parent company of the investment manager and distributor of Ivy Investments. View Press Release

Following a thoughtful review of both the Ivy Investments and Delaware Funds® by Macquarie brands, while taking into account the needs of clients and intermediary partners and the growing presence of the Delaware Funds by Macquarie mutual fund family in the US retail channel, the legacy Ivy Funds will be co-branded with the Delaware name, effective July 1, 2021. The Delaware name has been appended to all Ivy US retail mutual funds, closed-end funds, separately managed accounts (SMAs), and the variable insurance product (VIP) funds. For example, the Ivy Large Cap Growth Fund will be renamed Delaware Ivy Large Cap Growth Fund.

Please note, there are no changes to CUSIPs and ticker symbols for the legacy Ivy mutual funds, except for the closed-end fund, Ivy High Income Opportunities Fund (NYSE: IVH), whose CUSIP will change from 465893105 to 246107106. Additionally, there are no changes to the names of the legacy Delaware Funds as a result of the acquisition.

If you have any questions or need more information on the changes, please contact us.