ING Alternative Beta A
ING Funds Services 7337 E. Doubletree Ranch Road Scottsdale AZ 85258
Map
Phone: 800-922-0180
| Category: | Long-Short | | Fund Family: | ING Funds | | Net Assets: | 14.05M | | Year-to-Date Return: | 9.39% | | Yield: | % | | Morningstar Rating: | N/A | | Fund Inception Date: | 15-Dec-08 |
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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 |
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| 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
| YFT_NOT_APPLICABLE_ABBREVIATION | | Annual Holdings Turnover
| YFT_NOT_APPLICABLE_ABBREVIATION | | Average for Category:
| 286.46% |
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| 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%
| 5.46% | | Max Deferred Sales Load: | %
| 1.98% | | 3 Yr Expense Projection*: |
$ 1,001 | $1,060 | | 5 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $1,739 | | 10 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $3,415 |
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2.03% Nasdaq 
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