AMENDED AND RESTATED APPENDIX A TO THE IVY FUNDS RULE 18F-3 MULTI-CLASS PLAN

Exhibit (n)(18)

AMENDED AND RESTATED

APPENDIX A

TO THE IVY FUNDS RULE 18F-3 MULTI-CLASS PLAN

This Amended and Restated Appendix A, as amended July 5, 2017 (“Appendix A”), to the Ivy Funds Rule 18F-3 Multi-Class Plan Agreement dated November 13, 2008 (the “Agreement”) is effective as of July 5, 2017, and supersedes any prior Appendix A to the Agreement.

Fund Series		Share Class
Ivy Advantus Bond Fund		Class A
		Class B
		Class C
		Class E
		Class I
		Class N
		Class R
		Class Y
Ivy Advantus Real Estate Securities Fund		Class A
		Class B
		Class C
		Class E
		Class I
		Class N
		Class R
		Class Y
Ivy Apollo Multi-Asset Income Fund		Class A
		Class C
		Class I
		Class N
		Class Y
Ivy Apollo Strategic Income Fund		Class A
		Class C
		Class I
		Class N
		Class Y
Ivy Asset Strategy Fund		Class A
		Class B
		Class C
		Class E
		Class I
		Class N
		Class R
		Class Y
Ivy Balanced Fund		Class A
		Class B
		Class C
		Class I
		Class N
		Class R
		Class Y

Ivy California Municipal High Income Fund		Class A
		Class C
		Class I
		Class Y
Ivy Core Equity Fund		Class A
		Class B
		Class C
		Class E
		Class I
		Class N
		Class R
		Class Y
Ivy Crossover Credit Fund		Class A
		Class E
		Class I
		Class N
		Class R
		Class Y
Xxx Xxxxxxx Global Value Fund		Class A
		Class B
		Class C
		Class E
		Class I
		Class N
		Class R
		Class Y
Ivy Dividend Opportunities Fund		Class A
		Class B
		Class C
		Class E
		Class I
		Class N
		Class R
		Class Y
Ivy Emerging Markets Equity Fund		Class A
		Class B
		Class C
		Class I
		Class N
		Class R
		Class T
		Class Y
Ivy Energy Fund		Class A
		Class B
		Class C
		Class I
		Class N
		Class R
		Class Y

Ivy European Opportunities Fund		Class A
		Class B
		Class C
		Class I
		Class N
		Class R
		Class Y
Ivy Global Bond Fund		Class A
		Class B
		Class C
		Class I
		Class N
		Class R
		Class Y
Ivy Global Equity Income Fund		Class A
		Class B
		Class C
		Class I
		Class N
		Class R
		Class Y
Ivy Global Growth Fund		Class A
		Class B
		Class C
		Class I
		Class N
		Class R
		Class Y
Ivy Global Income Allocation Fund		Class A
		Class B
		Class C
		Class E
		Class I
		Class N
		Class R
		Class Y
Ivy Government Money Market Fund		Class A
		Class B
		Class C
		Class E
		Class N
Ivy High Income Fund		Class A
		Class B
		Class C
		Class E
		Class I
		Class N
		Class R
		Class T
		Class Y

Ivy IG International Small Cap Fund		Class A
		Class C
		Class I
		Class N
		Class Y
Ivy International Core Equity Fund		Class A
		Class B
		Class C
		Class E
		Class I
		Class N
		Class R
		Class T
		Class Y
Ivy Large Cap Growth Fund		Class A
		Class B
		Class C
		Class E
		Class I
		Class N
		Class R
		Class Y
Xxx XxXxxxx Global Real Estate Fund		Class A
		Class B
		Class C
		Class I
		Class N
		Class R
		Class Y
Xxx XxXxxxx Global Risk-Managed		Class A
Real Estate Fund		Class B
		Class C
		Class I
		Class N
		Class R
		Class Y
Ivy Limited-Term Bond Fund		Class A
		Class B
		Class C
		Class E
		Class I
		Class N
		Class R
		Class Y
Ivy Managed International Opportunities Fund		Class A
		Class B
		Class C
		Class E
		Class I
		Class N
		Class R
		Class Y

Ivy Micro Cap Growth Fund		Class A
		Class B
		Class C
		Class I
		Class N
		Class R
		Class Y
Ivy Mid Cap Growth Fund		Class A
		Class B
		Class C
		Class E
		Class I
		Class N
		Class R
		Class Y
Ivy Mid Cap Income Opportunities Fund		Class A
		Class C
		Class E
		Class I
		Class N
		Class R
		Class Y
Ivy Municipal Bond Fund		Class A
		Class B
		Class C
		Class I
		Class N
		Class Y
Ivy Municipal High Income Fund		Class A
		Class B
		Class C
		Class I
		Class N
		Class Y
Ivy Natural Resources Fund		Class A
		Class B
		Class C
		Class E
		Class I
		Class N
		Class R
		Class Y
Ivy Pictet Emerging Markets Local Currency Debt Fund		Class A
		Class C
		Class E
		Class I
		Class N
		Class R
		Class Y

Ivy Pictet Targeted Return Bond Fund		Class A
		Class C
		Class I
		Class N
		Class Y
Ivy PineBridge High Yield Fund		Class A
		Class I
		Class N
		Class R
Ivy ProShares Interest Rate Hedged High Yield Index Fund		Class A
		Class E
		Class I
		Class N
		Class R
Ivy ProShares MSCI ACWI Index Fund		Class A
		Class E
		Class I
		Class N
		Class R
Ivy ProShares Xxxxxxx 2000 Dividend Growers Index Fund		Class A
		Class E
		Class I
		Class N
		Class R
Ivy ProShares S&P 500 Bond Index Fund		Class A
		Class E
		Class I
		Class N
		Class R
Ivy ProShares S&P 500 Dividend Aristocrats Index Fund		Class A
		Class E
		Class I
		Class N
		Class R
Ivy Science and Technology Fund		Class A
		Class B
		Class C
		Class E
		Class I
		Class N
		Class R
		Class Y
Ivy Small Cap Core Fund		Class A
		Class B
		Class C
		Class I
		Class N

		Class R
		Class T
		Class Y
Ivy Small Cap Growth Fund		Class A
		Class B
		Class C
		Class E
		Class I
		Class N
		Class R
		Class T
		Class Y
Ivy Tax-Managed Equity Fund		Class A
		Class B
		Class C
		Class I
		Class N
		Class Y
Ivy Value Fund		Class A
		Class B
		Class C
		Class I
		Class N
		Class R
		Class Y