Definitive Materials Filed by Investment Companies. (497)
January 31 2013 - 4:06PM
Edgar (US Regulatory)
Waddell & Reed Advisors Funds
Supplement dated January 31, 2013 to the
Waddell & Reed Advisors Equity Funds Prospectus
dated October 31, 2012
and as
supplemented January 2, 2013
The following replaces the third sentence of the Fees and Expenses section on pages 3, 7,
11, 15, 19, 23, 27, 31, 35, 39, 44, 48 and 52 of the Waddell & Reed Advisors Equity Funds prospectus:
More information about
these and other discounts is available from your financial professional and in the Sales Charge Reductions section on page 78 of the Funds prospectus and in the Purchase, Redemption and Pricing of Shares section on page
85 of the Funds statement of additional information (SAI).
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