ING Corporate Leaders Trust Fund Series B

Average Annual Total Returns  |  Calendar Year Returns

Average Annual Total Returns %

Most Recent Month-End
 | 

As of 12/31/2009 YTD 1 YR 3 YR 5 YR 10 YR Inception
(11/1935)		 Gross
Exp.		 Net
Exp.
Net Asset Value +12.15 +12.15 -4.19 +3.09 +3.53 — 0.59% 0.59%

Past performance is no guarantee of future results. Net asset value and yield fluctuate so that an investor’s participations, when redeemed, may be worth more or less than their original cost. The Fund’s performance is subject to change since the quarter’s end. The Fund is registered with the SEC as a unit investment trust. Current performance may be lower or higher than the performance data quoted.

Net Asset Value fund returns assume the reinvestment of dividends and capital gain distributions but do not include a sales charge.


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.

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.