Ivy Investment Management Co

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Ivy Investment Management Company is the registered investment adviser for Ivy Funds Inc. Waddell & Reed Financial Inc. is the parent company of Ivy Funds Distributor Inc. Founded in 1937, Waddell & Reed Financial Inc. operates its investment advisory business through its subsidiary companies, primarily Waddell & Reed Investment Management Company, a registered investment adviser and Ivy Investment Management Company. Its underwriting and distribution business operates through three broker/dealers: Waddell & Reed Inc., Ivy Funds Distributor Inc. and Legend Equities Corporation. Waddell & Reed Financial Inc. is the exclusive underwriter and distributor of 80 registered open-end mutual fund portfolios, including 20 portfolios in the Advisors Funds family, 32 portfolios in the Ivy Funds family, 25 portfolios in the Ivy Funds VIP family and three portfolios in InvestEd.