ING Greater China I  IFCIX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Pacific/Asia ex-Japan Stk Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
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   Large
   Value
  
  
As of 2009-09-30
Day Change
$ -0.07
  
NAV (2009-11-20)
$ 15.07
  
YTD Return % (2009-11-20)
57.47%
  
Total Assets ($ mil)
50
View Data Definitions
  Performance    
Growth of $10,000 Fund: ING Greater China I
(from 2006-05-08 to 2009-10-31) Category: Pacific/Asia ex-Japan Stk
Index: MSCI EAFE NR USD
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20
Inception date: 2006-05-08 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-20
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 57.47 112.13 11.43 --- --- 9.44
+/- Category 0.62 44.68 2.83 --- --- ---
+/- MSCI EAFE NR USD 27.86 59.45 16.18 --- --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 48.80 27.32 13.38 --- --- 9.53
Month-End (as of 2009-10-31) 49.53 67.78 12.03 --- --- 9.44
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 63.34 9.67 --- --- ---
On Distribution & Sale of Shares --- 43.41 8.94 --- --- ---
Morningstar Rating --- --- --- --- ---
# of compared funds covered (3 yrs : out of 106 funds), (5 yrs : out of funds), (10 yrs : out of funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is none.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
Information 26.83
Software 0.00
Hardware 13.81
Media 0.00
Telecommunications 13.02
Service 40.28
Healthcare 0.00
Consumer Services 2.49
Business Services 4.26
Financial Services 33.53
Manufacturing 32.89
Consumer Goods 4.10
Industrial Materials 14.59
Energy 11.21
Utilities 2.99
Asset Allocation
% of Net Assets
Cash 0.0
Stocks 99.3
Bonds 0.0
Other 0.7
Foreign Stocks 99.0
(as a % of Assets)
Data through 2009-09-30 Data through 2009-09-30
 
Holding Status
Total Number of Stock Holdings 65 Turnover % 159
Total Number of Bond Holdings 0 30 Day SEC Yield % ---
% of Assets in Top 10 Holdings 39.22 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Sector Country % of Net
Assets
China Mobile Ltd. China 7.94
China Construction Bank Corporation China 5.20
Industrial & Commercial Bank of China China 4.83
China Petroleum & Chemical Corporation China 3.44
PetroChina Company, Ltd. China 3.30
Cheung Kong Holdings, Ltd. Hong Kong 3.19
Hongkong Electric Holdings Ltd. Hong Kong 2.95
China Life Insurance Company, Ltd. China 2.93
Bank of China Ltd China 2.75
Taiwan Semiconductor Manufacturing Taiwan 2.69
Data through 2009-09-30
  Other Information
Fund Inception: 2006-05-08
Portfolio Manager  (Start Date)
Michael Hon Lung Chiu  (2005-12-21)
Chiu joined IIM Asia Pacific in April 2004. He is responsible for the daily management of the Fund and for decisions relating to purchases of individual securities. Prior to joining IIMA Asia Pacific, Chiu was an assistant vice president, Asia Ex-Japan Equities, at Credit Suisse Asset Management since 2002. Before joining Credit Suisse Asset Management, he was an investment analyst at Investec Guinness Flight from 1999 to 2002. Chiu holds the Chartered Financial Analyst designation.
Oscar Leung Kin Fai  (2005-12-21)
Leung joined IIM Asia Pacific in August 2001 as a senior investment manager and assists with the management of the Fund. Prior to joining IIM Asia Pacific, Leung was a senior investment manager at ING Life Insurance Co. for three years. Leung holds the Chartered Financial Analyst designation.
Bratin Sanyal  (2005-12-21)
Sanyal joined IIM Asia Pacific in Hong Kong as head of Asian Equity Investments in August 2004. He is responsible for the supervision of the management of the Fund. Sanyal has worked for ING for 12 years in New York, Amsterdam, Luxembourg and The Hague and has been directly involved in the management of Asian and emerging market equity portfolios for 10 years.
Nick Toovey  (2005-12-21)
Toovey is responsible for the equity teams in the Asia Pacific region. He joined ING IM Asia/Pacific as Regional Head of Equity in 2003. Prior to that, he was a Managing Director at Merrill Lynch Investment Managers in Singapore from 1997 to 2002.
Sales Charge %
(taken from prospectus dated 2009-02-27)
Front: None
Deferred: None
Expense Ratio % 1.70
based on net assets
(taken from annual report dated 2008-10-31)
Correspondence Information

7337 E Doubletree Ranch Road
Scottsdale,  AZ  85258
United States
Telephone:
800-992-0180
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.