Created in 1935 to invest in companies that survived the worst of the Great Depression, ING Corporate Leaders Trust was founded on the timeless principles of investing. 75 years later, after most of the funds of that era have vanished, the Trust still seeks to provide investors with a portfolio that has a true long-term focus, without emotional or reactionary decision-making.Find a Financial Advisor
As a passive grantor trust, the fund invests in a fixed list of 21 blue-chip companies it bought in 1935 (or their direct descendents), targeting an equal number of shares of each stock.
The fund's current holdings have withstood every kind of investment fad and market condition.
The fund can't buy new holdings, so over time it may become highly concentrated, and this may lead to periods of under performance.
Past performance does not guarantee future results. For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating for a fund is derived from a weighted-average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. Ranking as of 3/31/2012 in Large Value Morningstar category. The Fund’s rankings in other time periods is 11th (135/1244) for 1 Year, 12th (125/1098) or 5 Stars for 3 Years, 2nd (11/973) or 5 Stars for 5 Years and 1st (4/570) or 5 Stars for 10 Years. Wall Street Journal ranking as of 11/30/2011. WSJ Category Kings recognizes funds ranked in the top 10 of their respective Lipper mutual fund categories, ranked by their year-to-date total returns (changes in net asset values with reinvested distributions) as of month-end.
Investment 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.