-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BTTEITg7ur0NCrrCmGEYIhv+ak1j7OsKkDRno4G1mL0glFQIwyeq9KD+y0hREjNQ iRN+PlsPrV0FWznsHi3urA== 0001104659-08-038425.txt : 20080606 0001104659-08-038425.hdr.sgml : 20080606 20080606130033 ACCESSION NUMBER: 0001104659-08-038425 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20080606 DATE AS OF CHANGE: 20080606 EFFECTIVENESS DATE: 20080606 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ING EQUITY TRUST CENTRAL INDEX KEY: 0001063946 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-56881 FILM NUMBER: 08885002 BUSINESS ADDRESS: STREET 1: ING FUNDS STREET 2: 7337 E. DOUBLETREE RANCH ROAD CITY: SCOTTSDALE STATE: AZ ZIP: 85258 BUSINESS PHONE: 800-992-0180 MAIL ADDRESS: STREET 1: ING FUNDS STREET 2: 7337 E. DOUBLETREE RANCH ROAD CITY: SCOTTSDALE STATE: AZ ZIP: 85258 FORMER COMPANY: FORMER CONFORMED NAME: PILGRIM EQUITY TRUST DATE OF NAME CHANGE: 19991029 FORMER COMPANY: FORMER CONFORMED NAME: NORTHSTAR EQUITY TRUST DATE OF NAME CHANGE: 19980612 0001063946 S000009803 ING SmallCap Value Multi-Manager Fund C000027080 A SAAAX C000027081 B SAABX C000027082 C SAACX C000027083 I SAIIX C000057296 Class W 497 1 a08-16130_1497.htm 497

 

ING Equity Trust

ING SmallCap Value Multi-Manager Fund

(formerly, ING SmallCap Value Choice Fund)

(“Fund”)

 

Supplement dated June 6, 2008

to the Fund’s Class A, Class B, Class C and Class M shares’  Prospectus and

Class I and Class Q shares’ Prospectus each dated September 28, 2007 and

to the Fund’s Class W shares’ Prospectus dated December 17, 2007

 

Effective April 1, 2008, Julie Kutasov was added as co-portfolio manager to the Fund. The Prospectuses are hereby revised as follows:

 

The information relating to Kayne Anderson Rudnick Investment Management, LLC under the section entitled “Management of the Funds – Adviser and Sub-Advisers” on page 45 of the Class A, Class B, Class C and Class M shares’ Prospectus, on page 37 of the Class I and Class Q shares’ Prospectus and page 26 of the Class W shares’ Prospectus is hereby amended to include the following:

 

Julie Kutasov, CPA, is a Portfolio Manager and a Senior Research Analyst with primary research responsibilities for the small and mid-capitalization financials (banks, REITS, and business development) sector. Before joining Kayne Anderson Rudnick in 2001, she worked at Goldman Sachs in a program focused on investment management for high-net worth individuals and at Arthur Andersen as a Senior Associate leading teams that provided financial-audit and business-advisory services to a variety of clients in service-related industries. She has approximately seven years of equity research experience.

 

PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE

 



 

ING Equity Trust

ING SmallCap Value Multi-Manager Fund

(formerly, ING SmallCap Value Choice Fund)

(“Fund”)

 

Supplement dated June 6, 2008

to the Fund’s Class A, Class B, Class C, Class I, Class M, Class O and Class Q shares’

Statement of Additional Information (“SAI”) dated September 28, 2007 and

to the Fund’s Class W shares’ SAI dated December 17, 2007

 

Effective April 1, 2008, Julie Kutasov, CPA, was added as co-portfolio manager to the Fund. The SAIs are hereby revised as follows:

 

The information in the table entitled “Other Accounts Managed” in the section entitled “Portfolio Managers – ING SmallCap Value Multi-Manager Fund – Kayne Anderson Rudnick Investment Management, LLC” on page 120 of the Class A, Class B, Class C, Class I, Class M, Class O and Class Q shares’ SAI and page 107 of the Class W shares’ SAI and in the table entitled “Ownership of Securities” on page 123 of the Class A, Class B, Class C, Class I, Class M, Class O and Class Q shares’ SAI and on page 107 of the Class W shares’ SAI is hereby amended to include the following:

 

Other Accounts Managed

 

 

 

Registered Investment Companies

 

Other Pooled Investment
Vehicles

 

Other Accounts

 

Portfolio Manager

 

Number of
Accounts

 

Total Assets

 

Number of
Accounts

 

Total Assets

 

Number of
Accounts*

 

Total Assets

 

JULIE KUTASOV, CPA(1)

 

6

 

217.4

 

0

 

0

 

14,500

 

2,919.8

 

 


* None of the accounts are subject to a performance fee.

(1)  The information is as of April 30, 2008.

 

Portfolio Manager

 

Dollar Range of Fund Shares Owned

 

JULIE KUTASOV, CPA(1)

 

None

 

 


(1)  The information is as of April 30, 2008.

 

PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE

 


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