ING Alternative Beta A ING Funds Services 7337 E. Doubletree Ranch Road Scottsdale AZ 85258
Phone: 800-922-0180
| 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 |
|
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. |
| 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 |
|
|
|
| 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. |
| Last Dividend
(31-Dec-08):
|
0.06 |
| Last Cap Gain
|
N/A |
| Annual Holdings Turnover
|
N/A |
| Average for Category:
|
349.35% |
|
| 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 |
|
|