Exhibit 6(l)
IVY FUND
ADDENDUM TO
AMENDED AND RESTATED DISTRIBUTION AGREEMENT
Ivy High Yield Fund
Class A, Class B, Class C , Class I and Advisor Class Shares
AGREEMENT made as of the 25th day of March, 1998, by and
between Ivy Fund (the "Trust") and Xxx Xxxxxxxxx Distributors,
Inc. ("IMDI").
WHEREAS, the Trust is registered as an open-end investment
company under the Investment Company Act of 1940, as amended, and
consists of one or more separate investment portfolios, as may be
designated from time to time; and
WHEREAS, IMDI serves as the Trust's distributor pursuant to
an Amended and Restated Distribution Agreement dated October 23,
1993 (the "Agreement"); and
WHEREAS, the Trustees of the Trust, at a meeting held on
February 7, 1998, duly approved an amendment to the Agreement to
include the Class A, Class B, Class C, Class I and Advisor Class
shares (the "Shares") of Ivy High Yield Fund (the "Fund").
WHEREAS, the Shares were established and designated by the
Board of Trustees of the Trust by written consent made effective
as of the date that the Registration Statement for the Fund was
filed with the Securities and Exchange Commission in accordance
with Rule 485(a)(1) under the Securities Act of 1933.
NOW THEREFORE, the Trust and IMDI hereby agree as follows:
Effective as of the date of this Addendum,
the Agreement shall relate in all respects to
the Shares, in addition to the classes of
shares of any other series of the Trust
specifically identified in Paragraph 1 of the
Agreement and any other Addenda thereto.
IN WITNESS WHEREOF, the Trust and IMDI have adopted this
Addendum as of the date first set forth above.
IVY FUND
By: XXXXX X. XXXXXXX, President
XXX XXXXXXXXX DISTRIBUTORS, INC.
By: XXXXX X. XXXXXXX, President
