ADDENDUM TO TRANSFER AGENCY AND SHAREHOLDER SERVICES AGREEMENT
IVY FUND
The Transfer Agency and Shareholder Services Agreement, made as of the
1st day of January, 1992, between Ivy Fund and Xxxxxxxxx Xxx Investor Services
Corp., is hereby revised as set forth below in this Addendum.
Schedule A of the Agreement is revised in its entirety to read as
follows:
Schedule A
Ivy Management Fees
The transfer agency and shareholder service fees are based on an annual
per account fee. These fees are payable on a monthly basis at the rate of 1/12
of the annual fee and are charged with respect to all open accounts.
A. Per Account Fees
FUND ANNUAL FEE
Ivy Growth Fund $ 14.00
Ivy Growth with Income Fund 14.00
Ivy International Fund (Classes A and B) 14.00
Ivy International Fund (Class I) 4.25
Ivy Money Market Fund 16.00
Ivy Emerging Growth Fund 14.00
Ivy China Region Fund 14.00
Ivy Latin America Strategy Fund (Classes A and B) 14.00
Ivy New Century Fund (Classes A and B) 14.00
Ivy International Bond Fund (Classes A and B) 14.00
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In addition each Fund will pay a fee of $4.25 for each account that is
closed.
B. Special Services
Fees for activities of a non-recurring nature, such as preparation of
special reports, portfolio consolidations, or reorganization, and extraordinary
shipments will be subject to negotiation.
This Addendum shall take effect as of the effective date each of the
Post-Effective Amendments to Ivy Fund's Registration Statement on Form N-1A
under the Securities Act of 1933 containing the Prospectus offering multiple
classes of shares of Ivy Latin America Strategy Fund, Ivy New Century Fund and
Ivy International Bond Fund.
IN WITNESS WHEREOF, the parties hereto have caused this Addendum to be
executed as of this day 17th of September, 1994.
IVY FUND
By: /s/ XXXXXXX X. XXXXXX
TITLE: President
IVY MANAGEMENT INC.
By: /s/ XXXXXXX X. XXXXXX
TITLE: President
