DELAWARE GROUP® CASH RESERVE
Delaware Investments Ultrashort Fund (the “Fund”)
Supplement to the Fund’s Summary Prospectus dated July 29, 2020
Effective September 30, 2020, the following replaces the information in the section entitled “Who manages the
Fund? — Investment manager”:
Investment manager
Delaware Management Company, a series of Macquarie Investment Management Business Trust (a Delaware statutory trust), is the Fund’s
investment manager and is responsible for the day-to-day management of the Fund’s portfolio.
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Portfolio managers
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Title with Delaware Management Company
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Start date on the Fund
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Stephen M. Juszczyszyn
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Senior Vice President, Senior Portfolio Manager
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June 2019
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Kathleen (Marnell) Burst
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Assistant Vice President, Portfolio Manager
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June 2019
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Because everyone’s tax situation is unique, you should consult your tax professional about federal, state, local, or
foreign tax consequences before making an investment in the Fund.
Delaware Management Company (Manager) is an indirect wholly owned subsidiary of Macquarie Group Limited (MGL). Other
than Macquarie Bank Limited (MBL), a subsidiary of MGL and an affiliate of the Manager, none of the entities noted are authorized deposit-taking institutions for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of
these entities do not represent deposits or other liabilities of MBL. MBL does not guarantee or otherwise provide assurance in respect of the obligations of these entities, unless noted otherwise. The Fund is governed by US laws and regulations.
Please keep this Supplement for future reference.
This Supplement is dated August 26, 2020.