ING Global Target Payment A ING Funds Services 7337 E. Doubletree Ranch Road Scottsdale AZ 85258 Map
Phone: 800-922-0180
| Category: | World Allocation | | Fund Family: | ING Funds | | Net Assets: | 29.63M | | Year-to-Date Return: | 20.18% | | Yield: | 6.73% | | Morningstar Rating: | N/A | | Fund Inception Date: | 01-Jul-08 |
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Paul Zemsky
Lead Manager since
20-Jun-08 | | | Zemsky is the head of ING?s Multi-Asset Strategies & Solutions Group. He joined ING Investment Management Co. in 2005 as Head of Derivative Strategies. Prior to joining ING, Mr. Zemsky held a number of key positions at J.P. Morgan Investment Management where he worked for 18 years. |
| Min Initial Investment: | $10,000 | | Min Initial Investment, IRA: | $10,000 | | Min Initial Investment, AIP: | $10,000 | | Min Subsequent Investment: | NaN | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | $100 |
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| The investment seeks to meet the managed payment policy of the fund, while seeking to preserve investors' capital over the long term; seeking the potential for long-term capital appreciation is the secondary. Under normal conditions, the fund allocates approximately 70% of total assets to underlying funds investing in equity securities and 30% to underlying funds investing in fixed-income securities. It may invest up to 10% of assets in high-yield debt securities, commonly referred to as "junk bonds," which are rated below investment grade. |
| Last Dividend
(30-Sep-09):
| 0.05 | | Last Cap Gain
| YFT_NOT_APPLICABLE_ABBREVIATION | | Annual Holdings Turnover
| YFT_NOT_APPLICABLE_ABBREVIATION | | Average for Category:
| 65.49% |
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| Expense | IGPAX | Category Avg | | Total Expense Ratio: | 1.30%
| 1.17% | | Max 12b1 Fee: | 0.25%
| N/A | | Max Front End Sales Load: | 5.75%
| 4.95% | | Max Deferred Sales Load: | %
| 2.27% | | 3 Yr Expense Projection*: |
$ 1,053 | $718 | | 5 Yr Expense Projection*: |
$ 1,430 | $1,129 | | 10 Yr Expense Projection*: |
$ 2,484 | $2,251 |
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