Exhibit 9(nn)
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 Ivy
Management, Inc. ("IMI"), of which the duties of IMI thereunder
were assigned on October 1, 1993 to Xxx Xxxxxxxxx Services Corp.
("IMSC"), 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 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
Classes Class Advisor
Fund Name A, B, C I Class
Ivy Asia Pacific Fund $20.00 N/A $20.00
Ivy Bond Fund 20.75 10.25 20.75
Ivy Canada Fund 20.00 N/A 20.00
Ivy China Region Fund 20.00 N/A 20.00
Ivy Pan-Europe Fund 20.00 N/A 20.00
Ivy US Emerging Growth Fund 20.00 N/A 20.00
Ivy Global Fund 20.00 N/A 20.00
Ivy Global Natural Resources Fund 20.00 N/A 20.00
Ivy Global Science & Technology Fund 20.00 10.25 20.00
Ivy Growth Fund 20.00 N/A 20.00
Ivy Growth with Income Fund 20.00 N/A 20.00
Ivy High Yield Fund 20.00 10.25 20.00
Ivy International Fund 20.00 10.25 N/A
Ivy International Small Companies Fund 20.00 10.25 20.00
Ivy International Fund II 20.00 10.25 20.00
Ivy South America Fund 20.00 N/A 20.00
Ivy Money Market Fund 22.00 N/A N/A
Ivy Developing Nations Fund 20.00 N/A 20.00
In addition, in accordance with an agreement between IMSC
and First Data Investor Services Group, Inc. (formerly The
Shareholder Services Group, Inc.), each Fund will pay a fee of
$4.48 for each account that is closed, which fee may be increased
from time to time in accordance with the terms of that agreement.
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 date that the
Registration Statement pertaining to Ivy High Yield Fund, filed
with the Securities and Exchange Commission on or about January
30, 1998, pursuant to Rule 485(a)(1) under the Securities Act of
1933, first becomes effective.
IN WITNESS WHEREOF, the parties hereto have caused this
Addendum to be executed on this 25th day of March, 1998.
IVY FUND
By: XXXXX X. XXXXXXX, President
XXX XXXXXXXXX SERVICES CORP.
By: C. XXXXXXX XXXXXX, President
