Ivy Funds has announced a significant update regarding its management structure for several of its investment funds. This change is particularly relevant for the Nomura Global Growth Fund and the Nomura International Core Equity Fund. The update highlights the importance of experienced leadership in navigating the complexities of the investment landscape.

Effective immediately, the company has appointed Charles John and Charles (Trey) Schorgl as the primary portfolio managers for both funds. This decision reflects Ivy Funds' commitment to enhancing its management team, which is crucial for maintaining investor confidence and ensuring effective fund performance.

Background

Ivy Funds operates as an investment management company, focusing on providing a range of investment solutions. The company is incorporated in Delaware and has a fiscal year ending on March 31. Recent filings include several updates, with the latest being a 497K form filed on October 29, 2026, under accession number 0002071844-26-001521.

What the Filing Says

The SEC filing states, "Effective immediately, the changes set forth below will take place." The document details the replacement of the current information within the portfolio manager table for the funds, indicating a shift in management responsibilities.

Impact

This management update may affect investors in the Nomura Global Growth Fund and Nomura International Core Equity Fund, as the new portfolio managers will be responsible for the day-to-day management of these funds. The experience of Charles John and Charles (Trey) Schorgl is expected to bring a fresh perspective to the investment strategies of these funds.

What's Next

The filing does not say what happens next.