Fund Description
Overview
- Invests in large, mid and small-cap companies in a number of different emerging market countries
- Seeks to buy and hold companies at a significant discount to their true worth, based on sophisticated computer screening and the Graham & Dodd investment principles
Investment Objective
The Fund seeks maximum long-term capital appreciation.
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Management Team
Jan-Wim Derks
Portfolio Manager
Managed Fund since 2002
Michiel Bootsma
Portfolio Manager
Managed Fund since 2002
View Detailed Information
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Most Recent Month-End
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Most Recent Quarter-End
| As of 06/30/2010 |
YTD |
1 YR |
3 YR |
5 YR |
10 YR |
Inception
(11/1994) |
Gross
Exp. |
Net
Exp.1, 2, 3 |
| Net Asset Value |
-8.74 |
+18.04 |
-13.64 |
+2.93 |
+2.63 |
+5.50 |
2.33% |
2.09% |
| With Sales Charge |
-13.98 |
+11.27 |
-15.32 |
+1.72 |
+2.02 |
+5.10 |
|
|
| As of 06/30/2010 |
YTD |
1 YR |
3 YR |
5 YR |
10 YR |
Inception
(11/1994) |
Gross
Exp. |
Net
Exp.1, 2, 3 |
| Net Asset Value |
-8.74 |
+18.04 |
-13.64 |
+2.93 |
+2.63 |
+5.50 |
2.33% |
2.09% |
| With Sales Charge |
-13.98 |
+11.27 |
-15.32 |
+1.72 |
+2.02 |
+5.10 |
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* Return calculations for the period beginning April 2, 2001 through June 30, 2002, reflect no deduction of a front-end sales charge. Return calculations for the period beginning July 1, 2002 through October 10, 2004, reflect the deduction of the maximum Class A sales charge of 4.75%. Effective, October 11, 2004, return calculations with a starting date on or after October 11, 2004 are based on a 2.50% sales charge.
View Detailed Performance
Current Maximum Sales Charge: 5.75%
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. Expenses are being waived to the contractual cap.
3 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.
Index return calculations starting prior to December 31, 1998 are at Price. Index returns with a starting date January 31, 1999 are based on dividends reinvested.
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.
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. Foreign Investing does pose special risks including currency fluctuation, economic and political risks not found in investments that are solely domestic. Emerging Market stocks may be especially volatile. Prices of Growth Stocks may be more volatile than value stocks due to their relatively high valuations, and growth investing may fall out of favor with investors. Other risks of the Fund include but are not limited to: Convertible Securities Risks; Market Trends Risks; Other Investment Companies Risks; Price Volatility Risks; Debt Securities Risks; Inability to Sell Securities Risks; Portfolio Turnover Risks; and Securities Lending Risks. Investors should consult the Fund's Prospectus and Statement of Additional Information for a more detailed discussion of the Fund's risks.