Investment Management

Becoming Voya™ Investment Management in May 2014

ING Corporate Leaders Trust Fund - Class A

Growth of a $10,000 Investment

For the period 03/31/2004 through 03/31/2014

Ending Value: $27,737.00

The performance quoted in the "Growth of a $10,000 Investment" chart represents past performance. Performance shown is without sales charges; had sales charges been deducted, performance would have been less. Ending value includes reinvestment of distributions.

Yields as of 03/31/2014

SEC Yield Class A 1.69
Distribution Yield @ NAV 1.49
Distribution Yield @ MOP 1.49

View Prospectus

Calendar Year Returns %

Past performance is no guarantee of future results. Returns are shown in %. These figures are for the year ended December 31 of each year. They do not reflect sales charges and would be lower if they did. The bar chart above shows the Fund’s annual returns and long-term performance, and illustrates the variability of the Fund’s returns.

Average Annual Total Returns %

As of 03/31/2014 As of 03/31/2014 YTD 1 YR 3 YR 5 YR 10 YR Inception (11/18/35) Gross Exp. Net Exp.
Net Asset Value +2.52 +18.63 +15.19 +22.02 +10.74 0.52% 0.52%
With Sales Charge +2.52 +18.63 +15.19 +22.02 +10.74    
S&P 500 Index +1.81 +21.86 +14.66 +21.16 +7.42    
Net Asset Value +2.52 +18.63 +15.19 +22.02 +10.74 0.52% 0.52%
With Sales Charge +2.52 +18.63 +15.19 +22.02 +10.74    
S&P 500 Index +1.81 +21.86 +14.66 +21.16 +7.42    

Benchmark Disclosures

S&P 500 Index

The Standard and Poor's 500 Index is an unmanaged capitalization-weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries. The index does not reflect fees, brokerage commissions, taxes or other expenses of investing. Investors cannot invest directly in an index.

The performance quoted represents past performance and does not guarantee future results. Current performance may be lower or higher than the performance information shown. The investment return and principal value of an investment in the Portfolio will fluctuate, so that your shares, when redeemed, may be worth more or less than their original cost. You may obtain performance information current to the most recent month-end by visiting Returns for the other share classes will vary due to different charges and expenses.  Performance assumes reinvestment of distributions and does not account for taxes.

SEC fund returns assume the reinvestment of dividends and capital gain distributions and include a sales charge. Net Asset Value fund returns assume the reinvestment of dividends and capital gain distributions. Total return for less than one year is not annualized. Results would have been less favorable if the sales charge were included.

Principal Risks

All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. Investing in funds that are concentrated in a smaller number of holdings poses greater risk than funds with a larger number of holdings because each investment has a greater effect on the Fund's performance. The value of a participation fluctuates with the market value of the underlying portfolio securities of the Trust. The dividend income, if any, from the portfolio securities is subject to fluctuation which in turn will affect the amounts of distributions made to participants. An investor in the Trust has no assurance against loss in a declining market, and redemption at a time when the market value of the participations is less than their cost will result in a loss to the investor.

Taxation: For Federal income tax purposes, (1) the Trust will be treated as a fixed investment trust and will not be subject to Federal income tax, (2) each participant will be treated as the owner of his pro rata portion of the common stock of the corporations held by the Trust, (3) each participant will be required to include in his gross income his pro rata portion of the dividends and interest received by the Trust (including the amounts of such dividends and interest that are not distributed to participants but are used to pay the fees and expenses of the Trust), at the time such dividends and interest are received by the Trust, not at the later time such dividends and interests are distributed to participants or reinvested in additional participations, and (4) each individual participant who itemizes deductions may deduct his pro rata portion of the fees and expenses of the Trust only to the extent such amount, together with his other miscellaneous itemized deductions, exceeds 2% of his adjusted gross income. Please see the prospectus for further information.