Fund Description Overview Provides broad-based international asset allocation, through exposure to multiple styles, capitalizations, sectors, countries and sub-asset classes Offers access to some of the world's most experienced international managers, who are typically only available to large institutional investors Uses tactical asset allocation to reallocate each quarter based on prevailing market conditions Investment Objective The Fund seeks long-term growth of capital. Daily Prices as of 02/08/2010 Net Asset Value (NAV) $7.91 % Change -1.13 $ Change -0.09 Public Offering Price (POP) $8.39 YTD Return -8.87% Lookup Historical Prices Fund Facts Ticker Symbol IFFAX CUSIP 44980Q633 Inception Date Dec 21, 2005 Dividends Paid Annually Min. Initial Investment $1,000 More Info Related Resources Prospectus Fund Fact Sheet Annual Report Semi-Annual Report Complete Portfolio Holdings Portfolio Construction Made Easier

Investment Style More Info Management Team The ING Diversified International Fund is a fund-of-funds, a single fund made up of eight individual ING Mutual Funds, each with their own sub-adviser. Each of the seven sub-advisers is a specialist in their respective market sector and investment style. View Detailed Information

Average Annual Total Returns %

* 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.

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Current Maximum Sales Charge: 5.75%

¹ The Adviser has contractually agreed to limit expenses of the Fund. This agreement excludes interest, taxes, brokerage, extraordinary expenses and is subject to possible recoupment. The expense limits will continue through at least March 1, 2010. Expenses are being waived to the contractual cap.

² 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 and 1.90% for the Class R shares.

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.

It is important to note that the Fund has a limited operating history. Performance over a longer period of time may be more meaningful than short-term performance.