Multi-asset funds

Delaware Investments multi-asset mutual funds are intended to provide exposure to a globally diversified mix of asset classes. The asset classes in each fund have strategic policy weights that have been determined with respect to the fund's intended risk profile. Each asset class is actively managed by a Delaware Investments team. The funds are overseen by a team of senior executives from across the firm, who meet at least monthly, and who have responsibility for determining tactical allocations away from the strategic policy weights. These multi-asset mutual funds may be effective building blocks for a well-diversified investment portfolio. Diversification may not protect against market risk.

Carefully consider the Funds' investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in the Funds' prospectuses and their summary prospectuses, which may be obtained by visiting the fund literature page or calling 800 523-1918. Investors should read the prospectus and the summary prospectus carefully before investing.

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