The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:ING Axes Four Funds Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, July 14, 2009

ING Axes Four Funds

Reported by Meredith Mazzilli

ING Funds appears poised to make some major changes to several of its funds. The firm filed Monday with the SEC, reavealing that the board of trustees of the ING equity trust approved a proposal on July 10 to liquidate four ING funds. The Disciplined International Small Cap Fund and the Emerging Markets Fixed Income Fund both closed to new investment Monday, and are scheduled to be liquidated on or about August 17.

An additional filing revealed that the Index Plus LargeCap Equity Fund VII and Index Plus Large Cap Equity Fund IX have also closed to investors as of Monday. The two large cap funds will liquidate on or about September 20.

It is unclear at this point what motivated the liquidations, and whether the liquidated funds are to be folded into any other existing funds. The filings note that additional shareholder communication is forthcoming. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use