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ING Alternative Beta A (IABAX)

On Feb 9: 10.92 USD  Up 0.09 (0.83%)  
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Profile  As of 31-Jan-10 Get Profile for:
ING Alternative Beta A
ING Funds Services 7337 E. Doubletree Ranch Road Scottsdale AZ 85258
Phone: 800-922-0180
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FUND OVERVIEW
Category: Long-Short
Fund Family: ING Funds
Net Assets: 15.28M
Year-to-Date Return: -2.06%
Yield: 0.00%
Morningstar Rating: N/A
Fund Inception Date: 15-Dec-08
MORNINGSTAR STYLE BOX
Long-Short
[View Category Definition]
View Top Long-Short Funds
About the Morningstar Style Box
MANAGEMENT INFORMATION
Frank van Etten
Lead Manager since 15-Dec-08
Etten is currently an Investment Manager of Structured Products and joined IIM Europe in 2002. In this capacity he is responsible for managing a range of structured products and the execution of transactions in the derivatives portfolios. Etten also carries out research in structured products development and option strategies and markets.
INVESTMENT INFORMATION
Min Initial Investment: $1,000
Min Initial Investment, IRA: $250
Min Initial Investment, AIP: $1,000
Min Subsequent Investment: NaN
Min Subsequent Investment, IRA: N/A
Min Subsequent Investment, AIP: $100
IABAX can be purchased from 9 brokerages.
FUND SUMMARY
The investment seeks the results that approximate the performance of the beta component of the returns of hedge funds as a broad asset class. The fund invests in financial instruments that provide long and/or short exposure to a group of market indices. At inception it takes long and/or short positions in relation to indices reflecting all market capitalizations of U.S., foreign and emerging market equities; commodities; equity market volatility and currencies; as well as positions in U.S. dollar money markets. The fund doesn?t invest in hedge funds. It is nondiversified.
FUND OPERATIONS
Last Dividend (31-Dec-08): 0.06
Last Cap Gain N/A
Annual Holdings Turnover N/A
Average for Category: 349.35%
FEES & EXPENSES
Expense IABAX Category
Avg
Total Expense Ratio: 1.40% 2.07%
Max 12b1 Fee: 0.25% N/A
Max Front End Sales Load: 5.75% 5.37%
Max Deferred Sales Load: % 1.83%
3 Yr Expense Projection*: $1,001 $1,057
5 Yr Expense Projection*: $N/A $1,772
10 Yr Expense Projection*: $N/A $3,501
* Per $10,000 invested


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