This provides Canadians who invest in wrap programs, or fee-for-service investment programs through their financial advisor, with access to ING Funds' global management expertise, on a commission-free basis.
An investor in one of these programs pays a fee to their investment dealer based on the assets in the investor's account and/or for financial planning advice. No sales or redemption charges are payable for purchases or sales of ING Funds' F Class Units, and ING Funds does not pay any trailing or other commissions on them. As a result, these Funds also feature a lower management fee.
About ING Funds
ING Funds now offers its line-up of 22 funds on an initial sales charge (front-end) option, redemption charge (back-end) option, low-load redemption charge option, and F Class option. ING Funds is a member of Amsterdam-based ING Groep N.V., one of the world's largest providers of financial services including banking, asset management and insurance with operations in more than 65 countries and more than 110,000 employees.
For more information please contact ING Funds at 1 866 669-4464 or visit our web site at www.ingfunds.ca .
For further information:
Doug Paul, Managing Director, ING Investment Management, Inc., (416) 440-8154; Gillian Hewitt, Edelman Public Relations Canada, (416) 979 1120 x229
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ING Funds Offers Exclusive Class (F Class) Units to Financial Advisors
February 25, 2002