Waddell & Reed Financial, Inc. has completed the mergers of the
Advantus Funds with the
Ivy Funds family, for which its subsidiary serves as investment
adviser.
The Advantus Funds includes 11 mutual funds, which at the
date of the mergers in December had $631 million in assets. Four of the Advantus Funds were merged into Ivy Funds of similar objectives and the remaining seven funds were merged in as new products within the Ivy Funds family.
 
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