IVY FUNDS

6300 LAMAR AVENUE

P. O. BOX 29217

SHAWNEE MISSION, KANSAS 66201-9217

April 3, 2014

Securities and Exchange Commission

100 F Street NE

Washington DC 20549

 

Re: Ivy Funds (Registrant)
     File Nos. 33-45961 and 811-6569/CIK No. 883622

On behalf of the Registrant, attached for filing are exhibits containing interactive data format risk/return summary information that mirrors the risk/return summary information contained in the Registrant’s Ivy Emerging Markets Equity Fund Prospectus dated February 11, 2014, and as supplemented March 17, 2014, and filed pursuant to Rule 497(e) under the Securities Act of 1933, as amended. The purpose of this filing is to submit the data in XBRL format for the Registrant.

If you have any questions or comments concerning the foregoing, please contact me at 913-236-2227.

Very truly yours,

 

/s/Philip A. Shipp
Philip A. Shipp
Assistant Secretary
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