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Ivy Cash Management Fund

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Fund Summary

Overview
The Fund seeks to achieve its objective by investing in U.S. dollar-denominated, high-quality money market obligations and instruments. The Fund seeks, as well, to maintain a net asset value (NAV) of $1.00 per share.
Table View
Daily Net Shareholder Flows
Government & Retail Funds - Six Month Historical Shadow NAV - Daily
Prime Institutional Funds (including Institutional Municipal Money Funds) - Six Month Historical Floating NAV - Daily
Daily Liquid Assets
Weekly Liquid Assets
Date Net Inflows/Outflows % Daily Liquid Assets % Weekly Assets Shadows NAV
07/19/2018 1693094.89 14.89% 46.66% 0.9997
07/18/2018 (2554808) 13.48% 46.74% 0.9997
07/17/2018 4626817.61 12.75% 42.74% 0.9997
07/16/2018 8645734.30 18.54% 46.79% 0.9997
07/13/2018 (1179734) 19.49% 47.26% 0.9997
07/12/2018 3729350.30 14.88% 49.66% 0.9997
07/11/2018 (17520862) 14.40% 49.72% 0.9996
07/10/2018 (1988819) 14.83% 52.34% 0.9996
07/09/2018 (8427691) 15.58% 49.47% 0.9996
07/06/2018 (668204) 14.11% 44.88% 0.9996
07/05/2018 (10207047) 14.44% 44.37% 0.9996
07/03/2018 5383593.74 11.18% 42.13% 0.9996
07/02/2018 1340665.52 12.63% 40.81% 0.9996
06/29/2018 1737356.38 14.34% 38.61% 0.9996
06/28/2018 3136175.24 14.96% 40.07% 0.9996
06/27/2018 (1885069) 13.66% 38.79% 0.9996
06/26/2018 3723186.79 14.22% 40.09% 0.9996
06/25/2018 2882068.70 14.77% 40.11% 0.9996
06/22/2018 (6026130) 12.78% 39.23% 0.9996
06/21/2018 (7934295) 15.19% 39.39% 0.9996
06/20/2018 3532427.39 14.38% 40.71% 0.9996
06/19/2018 4294486.44 17.60% 43.66% 0.9996
06/18/2018 4024799.93 19.99% 47.93% 0.9996
06/15/2018 (5609797) 16.31% 50.68% 0.9996
06/14/2018 8714951.17 17.76% 52.39% 0.9996
06/13/2018 1692369.35 15.56% 53.12% 0.9996
06/12/2018 4602207.13 12.79% 49.98% 0.9996
06/11/2018 (23753898) 17.88% 49.11% 0.9996
06/08/2018 4239828.84 13.65% 46.69% 0.9997
06/07/2018 (8009461) 12.40% 41.38% 0.9997
06/06/2018 (4586645) 16.11% 41.64% 0.9997
06/05/2018 183391.19 14.65% 43.78% 0.9997
06/04/2018 6345707.96 21.24% 45.92% 0.9996
06/01/2018 (3764545) 13.03% 44.64% 0.9996
05/31/2018 2820163.72 13.05% 44.75% 0.9996
05/30/2018 7339907.55 16.00% 44.01% 0.9996
05/29/2018 1110635.19 12.55% 42.76% 0.9996
05/25/2018 6655270.07 14.41% 35.74% 0.9996
05/24/2018 (472786) 13.47% 34.97% 0.9996
05/23/2018 286030.50 14.14% 35.02% 0.9996
05/22/2018 (2932988) 13.66% 36.06% 0.9996
05/21/2018 (8341561) 12.43% 33.41% 0.9996
05/18/2018 2097075.95 16.19% 37.06% 0.9995
05/17/2018 535483.03 15.20% 37.34% 0.9995
05/16/2018 1706044.37 14.60% 38.06% 0.9995
05/15/2018 (6599869) 14.61% 40.69% 0.9995
05/14/2018 (6353907) 15.91% 44.52% 0.9995
05/11/2018 (731879) 14.55% 45.13% 0.9995
05/10/2018 4354588.22 14.82% 43.46% 0.9995
05/09/2018 (18003379) 13.41% 42.51% 0.9995
05/08/2018 12260522.39 13.85% 41.50% 0.9995
05/07/2018 (17552274) 11.43% 37.85% 0.9995
05/04/2018 1705173.91 12.02% 37.23% 0.9995
05/03/2018 (3326910) 14.60% 38.02% 0.9995
05/02/2018 (3535309) 19.04% 43.56% 0.9994
05/01/2018 13799074.84 13.01% 42.43% 0.9994
04/30/2018 2828452.50 13.34% 42.90% 0.9994
04/27/2018 (2887804) 12.86% 44.18% 0.9994
04/26/2018 (8159790) 14.37% 44.42% 0.9994
04/25/2018 (3848701) 16.63% 42.44% 0.9993
04/24/2018 5512093.65 13.16% 42.49% 0.9993
04/23/2018 (7590139) 15.90% 45.34% 0.9993
04/20/2018 (5103023) 12.73% 44.94% 0.9993
04/19/2018 314426.33 11.77% 42.84% 0.9993
04/18/2018 (3758205) 15.74% 42.82% 0.9993
04/17/2018 (731132) 13.32% 42.39% 0.9993
04/16/2018 16625996.31 12.75% 39.40% 0.9993
04/13/2018 (960652) 11.21% 37.49% 0.9993
04/12/2018 2058628.61 12.75% 39.30% 0.9993
04/11/2018 4092194.25 16.82% 40.73% 0.9992
04/10/2018 (19483201) 12.44% 40.89% 0.9992
04/09/2018 (8660763) 17.82% 46.10% 0.9993
04/06/2018 (6380222) 10.57% 45.67% 0.9992
04/05/2018 (811725) 13.89% 47.22% 0.9993
04/04/2018 (11696365) 15.29% 45.66% 0.9993
04/03/2018 6816532.15 13.77% 47.40% 0.9993
04/02/2018 10938436.89 15.50% 43.55% 0.9993
03/29/2018 (9835689) 13.19% 42.80% 0.9993
03/28/2018 10226225.11 11.53% 40.09% 0.9993
03/27/2018 1582088.69 12.26% 35.86% 0.9993
03/26/2018 (9887622) 14.89% 37.44% 0.9994
03/23/2018 599701.09 13.38% 37.80% 0.9994
03/22/2018 (102405) 14.88% 40.54% 0.9994
03/21/2018 (19242017) 22.86% 50.66% 0.9994
03/20/2018 5565294.82 15.36% 53.26% 0.9994
03/19/2018 11841299.60 16.43% 51.18% 0.9995
03/16/2018 (1662445) 12.11% 49.39% 0.9995
03/15/2018 (3289156) 12.71% 47.98% 0.9995
03/14/2018 4385278.82 13.59% 42.00% 0.9995
03/13/2018 5528995.38 13.53% 42.92% 0.9995
03/12/2018 10403108.21 11.88% 38.88% 0.9995
03/09/2018 (19987856) 10.62% 38.05% 0.9995
03/08/2018 (8769350) 14.64% 39.91% 0.9995
03/07/2018 (2632739) 17.54% 42.17% 0.9994
03/06/2018 243774.80 14.83% 43.15% 0.9994
03/05/2018 (6242846) 11.54% 41.80% 0.9994
03/02/2018 (5632239) 12.88% 43.45% 0.9994
03/01/2018 (6462232) 15.15% 43.63% 0.9994
02/28/2018 (5186624) 12.41% 37.80% 0.9994
02/27/2018 32775370.11 15.33% 37.52% 0.9994
02/26/2018 (1598297) 13.81% 38.38% 0.9994
02/23/2018 4147463.08 15.91% 39.86% 0.9994
02/22/2018 (1411481) 18.05% 42.55% 0.9994
02/21/2018 (5236517) 15.17% 46.46% 0.9994
02/20/2018 (2020180) 15.37% 47.40% 0.9994
02/16/2018 5857719.51 16.42% 50.20% 0.9994
02/15/2018 (2383465) 15.78% 47.64% 0.9994
02/14/2018 13116227.91 12.79% 43.84% 0.9994
02/13/2018 750084.76 14.06% 41.63% 0.9995
02/12/2018 (7739872) 14.74% 41.43% 0.9995
02/09/2018 (14790253) 16.41% 42.61% 0.9995
02/08/2018 (12392754) 15.71% 43.21% 0.9994
02/07/2018 7065833.51 17.29% 49.96% 0.9994
02/06/2018 (2937498) 13.74% 48.67% 0.9994
02/05/2018 (8306530) 15.86% 48.74% 0.9994
02/02/2018 7325610.17 16.78% 48.31% 0.9994
02/01/2018 (1327405) 12.54% 45.41% 0.9994
01/31/2018 (9588544) 18.24% 47.06% 0.9994
01/30/2018 21495852.05 18.02% 50.98% 0.9994
01/29/2018 1029722.26 13.25% 49.07% 0.9994
01/26/2018 (5001931) 14.08% 47.09% 0.9994
01/25/2018 3674207.73 14.53% 46.56% 0.9994
01/24/2018 (14460302) 16.61% 45.26% 0.9994
01/23/2018 1096135.54 16.32% 45.47% 0.9994
01/22/2018 (9086634) 12.62% 45.49% 0.9994
Portfolio Management
  • Mira Stevovich, CFA

    • — Ivy Investment Management Company
    • — <1 Years with Fund
    • — 31 Years in Industry
Documents
Fact Sheet
Prospectus
Summary Prospectus
Statement of Additional Information
Annual Report
Semi-Annual Report
Quarterly Commentary
XBRL
Fund Facts
Ticker Symbol IABXX
CUSIP 46600G689
Fund Code 185
Fund Type Fixed Income Funds
Fund Inception 8/23/1979
Class Inception 8/23/1979
Fiscal Year End September
Dividends Paid Daily, Paid Monthly
Fund Assets
(as of 6/30/2018)
$1.3 bil
Total Holdings
(as of 6/30/2018)
115
Lipper Category Money Market Funds
Morningstar Category Money Market – Taxable

Fund Performance

Data quoted is past performance and current performance may be lower or higher. Past performance is no guarantee of future results. Investment return and principal value of an investment will fluctuate, and shares, when redeemed, may be worth more or less than their original cost.

Performance at NAV does not include the effect of sales charges, if it had, performance shown would be lower. Class B shares, including sales charge, reflects the applicable contingent deferred sales charge (CDSC), which declines from 5% at the time of purchase to zero at the beginning of the seventh year.

Monthly Rates of Return Average Annual Total Returns as of 6/30/2018

(Returns for periods of less than 1-yr are not annualized)
YTD 1YR 3YR 5YR 10YR LIFE
Fund at NAV 0.12% 0.13% 0.06% 0.04% 0.18% 1.15%
Lipper Money Market Funds 0.63% 1.02% 0.47% 0.29% 0.29% -

Quarterly Rates of Return Average Annual Total Returns as of 6/30/2018

(Returns for periods of less than 1-yr are not annualized)
YTD 1YR 3YR 5YR 10YR LIFE
Fund at NAV 0.12% 0.13% 0.06% 0.04% 0.18% 1.15%
Lipper Money Market Funds 0.63% 1.02% 0.47% 0.29% 0.29% -

Annualized 7-Day Yield as of 7/19/2018

NAV 0.48%
With Sales Charge 0.48%

Lipper Ranking through 6/30/2018

Category: Money Market Funds

  Rank Percentile
1 Year 108 /110 98
3 Year 82 /84 97
5 Year 76 /78 97
10 Year 73 /75 97

Rankings are based on average annual total returns, but do not consider sales charges.

Expense Ratios as of 1/8/2018

Net 1.59%
Gross 1.59%

Fund Distributions

Historical Prices Inception 8/23/1979

Date Price Dividend Reinvest Date Capital Gain Reinvest Date

Historical Distributions Inception 8/23/1979

Ex-date Income Capital Gains Reinvest Gains Payment Date

*Special Dividend
The table includes the daily prices at NAV (net asset value) for the history of this fund's selected share class. NAV is the amount per share you would receive if you sold shares that day.

Fund Documents

Top 10 Holdings as a % of net assets as of 6/30/2018

Toyota Motor Credit Corp. (1-Month U.S. LIBOR plus 15 bps), 2.2%, 7/6/2018 Toyota Motor Corporation operates in the automotive industry worldwide. It engages in the design, manufacture, assembly, and sale of passenger cars, minivans, and trucks and related parts and accessories, 0.23%, 7/1/2010 4.21%
SC Pub Svc Auth, Rev Commercial Paper Notes, Ser 2018DD (GTD by Bank of America N.A.), 2.1%, 7/16/2018 3.51%
Malayan Banking Berhad (GTD by Wells Fargo Bank N.A.), 2.2%, 7/23/2018 3.04%
Royal Bank of Canada (1-Month U.S. LIBOR plus 24 bps), 2.3%, 12/19/2018 2.26%
Wisconsin Electric Power Co., 2.1%, 7/10/2018 1.90%
Wisconsin Electric Power Co., 2.1%, 7/11/2018 1.90%
Corporacion Andina de Fomento, 2.2%, 7/24/2018 1.89%
Bank of America N.A., 2.3%, 7/12/2018 1.89%
Canadian Imperial Bank of Commerce (1-Month U.S. LIBOR plus 25 bps), 2.3%, 1/17/2019 1.89%
Wells Fargo Bank N.A. (1-Month U.S. LIBOR plus 25 bps), 2.3%, 1/25/2019 1.89%
Total Portfolio Holdings VIEW | DOWNLOAD (as of 6/30/2018)
updated quarterly, upon availability
Maturity (as of 6/30/2018)
Weighted Average Maturity 17 days
Weighted Average Life Maturity 62 days
Total Portfolio Holdings
VIEW | DOWNLOAD (as of 6/30/2018)

Fund Documents

Documents

Fact Sheet
Prospectus
Summary Prospectus
Statement of Additional Information
Annual Report
Semi-Annual Report
Quarterly Commentary
XBRL

Additional Fund Literature

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Performance results for some funds may include the effect of expense reduction arrangements. If those arrangements had not been in place, the performance results would have been lower.

Daily Net Shareholder Flows: Shows daily net shareholder flows (inflows minus outflows) over the last six months for the fund.

Daily Liquid Assets: Regulations require that a money market mutual fund hold at least 10% of its total assets in daily liquid assets that can be readily converted to cash in one business day. The graph shows the percentage of daily liquid assets over the last six months for the fund.

Weekly Liquid Assets: Regulations require that a money market mutual fund hold at least 30% of its total assets in weekly liquid assets that can be readily converted to cash in five business days. The graph shows the percentage of weekly liquid assets over the last six months for the fund.

Six Month Historical Shadow NAV - Daily: Money market funds that transact at a stable price are required by the Securities and Exchange Commission (SEC) to report instances on Form N-CR when the Fund’s current NAV per share deviates downward from its intended stable price of $1.00 by more than ¼ of 1 percent, $0.9975. The red line in the chart shows where a report would be required, compared with the historical NAV per share of the fund.

You could lose money by investing in the Ivy Cash Management Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The Fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the Fund’s liquidity falls below required minimums because of market conditions or other factors. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.

Waddell & Reed Advisors (WRA) Cash Management Fund merged into Ivy Cash Management Fund on Feb. 26, 2018. The returns shown prior to this date reflect the performance of WRA Cash Management Fund, which was incepted on Aug. 23, 1979. Ivy Cash Management Fund adopted that performance as the result of a reorganization in which it acquired all assets and liabilities of WRA Cash Management Fund.

Pricing: All prices and year-to-date returns are based on closing quotes unless noted, as supplied to the NASDAQ by 6:00 p.m. Eastern time. YTD Prices can be updated 3 to 4 hours after the Daily Pricing information which can result in mismatching data.

Style Analysis: The Morningstar Style Box reveals a fund's investment style. For equity funds the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend, or growth). For fixed-income funds, the vertical axis shows the credit quality of the bonds owned and the horizontal axis shows interest rate sensitivity as measured by a bond's effective duration. Morningstar seeks credit rating information from fund companies on a periodic basis (e.g., quarterly). In compiling credit rating information, Morningstar instructs fund companies to only use ratings that have been assigned by the following Nationally Recognized Statistical Rating Organizations (NRSROs): Moody's, Standard & Poor's, Fitch, and Egan-Jones. If two NRSROs have rated a security, fund companies are to report the lowest rating; if three or more NRSROs have rated the same security differently, fund companies are to report the rating that is in the middle. For example, if NRSRO X rates a security AA-, NRSRO Y rates the same security an A and NRSRO Z rates it a BBB+, the fund company should use the credit rating of 'A' in its reporting to Morningstar. PLEASE NOTE: Morningstar, Inc. is not itself an NRSRO nor does it issue a credit rating on the fund. An NRSRO rating on a fixed-income security can change from time-to-time. For credit quality, Morningstar combines the credit rating information provided by the fund companies with an average default rate calculation to come up with a weighted-average credit quality. The weighted-average credit quality is currently a letter that roughly corresponds to the scale used by a leading NRSRO. Bond funds are assigned a style box placement of "low", "medium", or "high" based on their average credit quality. Funds with a low credit quality are those whose weighted-average credit quality is determined to be less than "BBB-"; medium are those less than "AA-", but greater or equal to "BBB-"; and high are those with a weighted-average credit quality of "AA-" or higher. When classifying a bond portfolio, Morningstar first maps the NRSRO credit ratings of the underlying holdings to their respective default rates (as determined by Morningstar's analysis of actual historical default rates). Morningstar then averages these default rates to determine the average default rate for the entire bond fund. Finally, Morningstar maps this average default rate to its corresponding credit rating along a convex curve. For interest-rate sensitivity, Morningstar obtains from fund companies the average effective duration. Generally, Morningstar classifies a fixed-income fund's interest-rate sensitivity based on the effective duration of the Morningstar Core Bond Index (MCBI), which is currently three years. The classification of Limited will be assigned to those funds whose average effective duration is between 25% to 75% of MCBI's average effective duration; funds whose average effective duration is between 75% to 125% of the MCBI will be classified as Moderate; and those that are at 125% or greater of the average effective duration of the MCBI will be classified as Extensive. For municipal bond funds, Morningstar also obtains from fund companies the average effective duration. In these cases static breakpoints are utilized. These breakpoints are as follows: (i) Limited: 4.5 years or less; (ii) Moderate: more than 4.5 years but less than 7 years; and (iii) Extensive: more than 7 years. In addition, for non-US taxable and non-US domiciled fixed income funds static duration breakpoints are used: (i) Limited: less than or equal to 3.5 years; (ii) Moderate: greater than 3.5 and less than equal to 6 years; (iii) Extensive: greater than 6 years.

7-Day Annualized Yield: represents past performance and future yields will vary. Principal is not guaranteed. The annualized 7-day yield is calculated based on the income generated by an investment in the fund over a seven-day period and is expressed as an annual percentage rate. The yield quotation more closely reflects the current earnings of the fund than the total return quotation.

Unsubsidized yields reflect what the yield would have been without the effect of reimbursements and waivers. The adviser and its affiliates have or may voluntarily waive a portion of their fees (including, but not limited to, distribution and service (12b-1) fees) and reimburse certain expenses. There is no guarantee that the fund will avoid a negative yield. Such undertaking may be amended or withdrawn at any time.

12-Month Trailing Distribution Yield: at NAV refers to the 12-month historical cash flow paid over the past 12 months in dividends, divided by the past months ending NAV.

Information is subject to change and is not intended to represent any past or future investment recommendations.