Past performance is no guarantee of future results. The performance quoted represents past performance. Investment return and principal value of an investment will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.

Average annual total returns with sales charge: Returns for Class A sales charge reflect the deduction of the maximum sales charge of: 5.75% for Domestic Equity, Global and International, Real Estate and Asset Allocation Funds; 2.50% for Fixed Income Funds; and 3.00% for Enhanced Index and Principal Protection Funds.


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Domestic Equity Funds - Class A Shares

With Sales Charge as of August 31, 2010

Cumulative Returns (%) Average Annual Total Returns (%) Expense
Ratios
Fund Name YTD 1 MO 1 YR 3 YR 5 YR 10 YR Inception Gross Net
ING Value Choice Fund -0.66 -5.52 +11.98 +1.00 +9.05 +9.66
(02/2005)
1.67% 1.41%3, 7
ING MidCap Opportunities Fund -3.76 -9.11 +11.81 -3.09 +3.60 -3.35 +6.99
(08/1998)
1.69% 1.36%3, 8
ING SmallCap Opportunities Fund -4.09 -11.05 +6.05 -6.70 +1.31 -6.80 +5.62
(06/1995)
1.92% 1.51%3, 8
ING Equity Dividend Fund -4.69 -9.12 +3.96 -6.29
(12/2007)
4.10% 1.26%3, 8
ING Growth Opportunities Fund -9.31 -9.31 +3.54 -9.35 -2.64 -9.75 +2.55
(07/1997)
1.74% 1.40%3, 8
ING Small Company Fund -8.00 -12.04 +1.50 -7.62 +0.11 +1.70 +8.95
(04/1994)
1.49% 1.49%3, 4
ING Corporate Leaders 100 Fund -9.94 -10.39 -0.82 -6.93
(06/2008)
3.23% 0.90%3, 8
ING Core Equity Research Fund -13.28 -10.42 -5.43 -10.66 -1.80 -3.78 +4.57
(04/1994)
1.25% 1.08%3, 8

Fixed Income Funds - Class A Shares

With Sales Charge as of August 31, 2010

Cumulative Returns (%) Average Annual Total Returns (%) Expense
Ratios
Fund Name YTD 1 MO 1 YR 3 YR 5 YR 10 YR Inception Gross Net
ING High Yield Bond Fund +4.17 -2.70 +17.34 +3.42 +3.76 +4.78 +5.08
(12/1998)
1.24% 1.10%5, 6
ING Intermediate Bond Fund +6.79 -1.05 +11.40 +3.69 +2.98 +5.75 +5.35
(12/1998)
0.71% 0.71%5, 9
ING Senior Income Fund +1.60 -2.08 +10.70 -0.11 +1.45 +3.69
(04/2001)
2.11% 2.07%10
ING Global Bond Fund +2.74 -1.06 +6.71 +11.00 +9.40
(06/2006)
1.07% 0.92%1, 11
ING GNMA Income Fund +3.39 -2.50 +4.23 +6.28 +4.62 +5.35 +6.89
(08/1973)
0.94% 0.94%5, 9
ING Floating Rate Fund -2.73
(08/2010)

Global and International Funds - Class A Shares

With Sales Charge as of August 31, 2010

Cumulative Returns (%) Average Annual Total Returns (%) Expense
Ratios
Fund Name YTD 1 MO 1 YR 3 YR 5 YR 10 YR Inception Gross Net
ING Russia Fund -4.02 -8.86 +27.09 -7.65 +11.05 +20.03 +13.10
(07/1996)
2.23% 2.23%1, 2
ING Global Value Choice Fund -3.44 -6.61 +8.22 +2.33 +8.66 -0.79 +8.79
(04/1993)
1.59% 1.51%1, 11
ING Emerging Countries Fund -8.53 -8.30 +7.83 -13.48 +2.30 +3.06 +5.45
(11/1994)
2.33% 2.09%1, 11, 12
ING Global Target Payment Fund -5.30 -7.08 +3.07 -4.96
(07/2008)
2.38% 1.30%1, 11, 13
ING Greater China Fund -9.32 -6.96 +2.65 -4.52 +11.45
(12/2005)
2.29% 2.11%1, 11
ING International SmallCap Multi-Manager Fund -5.93 -8.77 +2.58 -14.97 +0.33 -0.20 +9.13
(08/1994)
1.91% 1.91%1, 2
ING Global Natural Resources Fund -14.40 -9.30 -0.36 -7.17 +8.69 +14.56 +6.86
(12/1975)
1.64% 1.64%1, 2
ING Global Equity Dividend Fund -9.55 -8.76 -1.51 -12.61 -1.94 +4.00
(09/2003)
1.54% 1.40%1, 11
ING International Capital Appreciation Fund -14.12 -10.66 -2.84 -11.74 -1.73
(12/2005)
1.55% 1.51%1, 11
ING Diversified International Fund -10.97 -8.99 -3.11 -12.52 -2.03
(12/2005)
2.00% 1.65%1, 11, 16
ING International Value Choice Fund -6.25 -7.39 -3.64 -5.83 +1.97 +2.81
(02/2005)
1.83% 1.70%1, 11
ING Alternative Beta Fund -8.52 -6.39 -5.41 +1.64
(12/2008)
3.06% 1.68%1, 11
ING Global Opportunities Fund -14.24 -8.95 -7.39 -14.77 -1.46 +4.78
(07/2003)
1.72% 1.50%1, 17
ING Index Plus International Equity Fund -13.92 -9.20 -8.99 -13.68 -3.48
(12/2005)
1.53% 1.15%1, 11
ING International Value Fund -13.88 -9.65 -12.61 -13.12 -0.63 +2.62 +8.26
(03/1995)
1.75% 1.75%1, 2

Real Estate Funds - Class A Shares

With Sales Charge as of August 31, 2010

Cumulative Returns (%) Average Annual Total Returns (%) Expense
Ratios
Fund Name YTD 1 MO 1 YR 3 YR 5 YR 10 YR Inception Gross Net
ING Real Estate Fund +7.22 -6.85 +26.52 -5.98 +1.29 +10.28
(12/2002)
1.35% 1.35%3, 4
ING Global Real Estate Fund -5.34 -5.89 +4.11 -10.81 +0.64 +10.21
(11/2001)
1.49% 1.49%1, 2
ING Asia-Pacific Real Estate Fund -4.37 -3.94 +1.08 -17.39
(11/2007)
5.08% 1.77%1, 11
ING International Real Estate Fund -9.63 -5.14 -4.37 -13.28 -3.08
(02/2006)
1.70% 1.50%1, 11
ING European Real Estate Fund -13.99 -7.98 -5.85 -13.98
(11/2007)
3.85% 1.76%1, 11

Enhanced Index Funds - Class A Shares

With Sales Charge as of August 31, 2010

Cumulative Returns (%) Average Annual Total Returns (%) Expense
Ratios
Fund Name YTD 1 MO 1 YR 3 YR 5 YR 10 YR Inception Gross Net
ING Index Plus MidCap Fund -5.31 -8.20 +4.67 -8.64 -1.84 +1.85 +6.36
(02/1998)
1.14% 1.00%3, 8
ING Index Plus SmallCap Fund -7.07 -10.35 +2.69 -10.59 -3.86 +2.51 +3.34
(02/1998)
1.33% 1.00%3, 8
ING Index Plus LargeCap Fund -7.15 -6.87 +1.68 -10.35 -2.72 -3.46 +3.08
(02/1997)
1.14% 0.95%3, 7

Asset Allocation Funds - Class A Shares

With Sales Charge as of August 31, 2010

Cumulative Returns (%) Average Annual Total Returns (%) Expense
Ratios
Fund Name YTD 1 MO 1 YR 3 YR 5 YR 10 YR Inception Gross Net
ING Capital Allocation Fund -4.32 -7.22 +1.54 -4.46 -0.49 +0.92 +2.83
(01/1997)
1.73% 1.15%3, 8, 14

Money Market Funds - Class A Shares

Net Asset Value as of August 31, 2010

Cumulative Returns (%) Average Annual Total Returns (%) Expense
Ratios
Fund Name YTD 1 MO 1 YR 3 YR 5 YR 10 YR Inception Gross Net
ING Classic Money Market Fund +0.02 +0.00 +0.02 +1.33 +2.51 +2.22 +2.63
(12/1998)
1.11% 0.76%15
ING Money Market Fund +0.00 +0.00 +0.02 +1.34 +2.59 +2.31 +3.52
(04/1994)
0.66% 0.66%

1 The Adviser has contractually agreed to limit expenses of the Fund. This expense limitation agreement excludes interest, taxes, brokerage, and extraordinary expenses and is subject to possible recoupment. Please see the Fund's prospectus for more information.

2 The expense limits will continue through at least March 1, 2011. The Fund is operating under the contractual expense limits.

3 The Adviser has contractually agreed to limit expenses of the Fund. This expense limitation agreement excludes interest, taxes, brokerage, and extraordinary expenses and is subject to possible recoupment. Please see the Fund's prospectus for more information.

4 The expense limits will continue through at least October 1, 2010. The Fund is operating under the contractual expense limits.

5 The Adviser has contractually agreed to limit expenses of the Fund. This expense limitation agreement excludes interest, taxes, brokerage, and extraordinary expenses and is subject to possible recoupment. Please see the Fund's prospectus for more information.

6 The expense limits will continue through at least August 1, 2011. Expenses are being waived to the contractual cap.

7 The expense limits will continue through at least October 1, 2011. Expenses are being waived to the contractual cap.

8 The expense limits will continue through at least October 1, 2010. Expenses are being waived to the contractual cap.

9 The expense limits will continue through at least August 1, 2011. The Fund is operating under the contractual expense limits.

10 The Adviser has contractually agreed to limit expenses of the Fund. This expense limitation agreement excludes interest, taxes, brokerage, and extraordinary expenses and is subject to possible recoupment. Please see the Fund's prospectus for more information. The expense limits will continue through at least July 1, 2010. The Fund is operating under the contractual expense limits. If the Fund were not to borrow, or the interest expense on the borrowings is excluded from the expenses of the Fund, the net annual expenses for Class A, Class B, Class C, Class I, and Class W shares would be 1.45%, 1.95%, 1.95%, 1.20%, and 1.20%, respectively.

11 The expense limits will continue through at least March 1, 2011. Expenses are being waived to the contractual cap.

12 ING Funds Distributor, LLC has contractually agreed to waive 0.10% of the distribution fee for Class A shares of ING Emerging Countries Fund. The fee waiver will continue through at least March 1, 2011.

13 The Fund’s Acquired (Underlying) Funds Fees and Expenses are based on a weighted average of the fees and expenses of the Underlying Funds in which it invests. The amount of fees and expenses of the Underlying Funds borne by the Fund will vary based on the Fund’s allocation of assets to, and annualized net expenses of, the particular Underlying Funds during the Fund’s fiscal year.

14 The Fund’s Acquired (Underlying) Funds Fees and Expenses are based on a weighted average of the fees and expenses of the Underlying Funds in which it invests. The amount of fees and expenses of the Underlying Funds borne by a Fund will vary based on the Fund’s allocation of assets to, and annualized net expenses of, the particular Underlying Funds during the Fund’s fiscal year.

15 The Adviser has contractually agreed to limit expenses of the Fund. This expense limitation agreement excludes interest, taxes, brokerage, and extraordinary expenses and is subject to possible recoupment. Please see the Fund's prospectus for more information. The expense limits will continue through at least August 1, 2010. Expenses are being waived to the contractual cap.

16 The Fund's Acquired (Underlying) Funds Fees and Expenses are based on a weighted average of the fees and expenses of the Underlying Funds in which it invests. The amount of fees and expenses of the Underlying Funds borne by a Fund will vary based on the Fund's allocation of assets to, and annualized net expenses of, the particular Underlying Funds during the Fund's fiscal year. The total expense limit for the Fund, including the expenses for the Acquired (Underlying) Funds, is 1.65% for the Class A shares, 2.40% for Class B and Class C shares, 1.40% for Class I shares, 1.40% for Class W shares and 1.90% for the Class R shares.

17 The expense limits will continue through at least March 1, 2012. Expenses are being waived to the contractual cap.