0001104659-12-067389.txt : 20121004 0001104659-12-067389.hdr.sgml : 20121004 20121003173458 ACCESSION NUMBER: 0001104659-12-067389 CONFORMED SUBMISSION TYPE: 425 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20121004 DATE AS OF CHANGE: 20121003 SUBJECT COMPANY: 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: 425 SEC ACT: 1934 Act SEC FILE NUMBER: 811-08817 FILM NUMBER: 121127703 BUSINESS ADDRESS: STREET 1: ING FUNDS STREET 2: 7337 E. DOUBLETREE RANCH ROAD, STE 100 CITY: SCOTTSDALE STATE: AZ ZIP: 85258 BUSINESS PHONE: 800-992-0180 MAIL ADDRESS: STREET 1: ING FUNDS STREET 2: 7337 E. DOUBLETREE RANCH ROAD, STE 100 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 FILED BY: 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: 425 BUSINESS ADDRESS: STREET 1: ING FUNDS STREET 2: 7337 E. DOUBLETREE RANCH ROAD, STE 100 CITY: SCOTTSDALE STATE: AZ ZIP: 85258 BUSINESS PHONE: 800-992-0180 MAIL ADDRESS: STREET 1: ING FUNDS STREET 2: 7337 E. DOUBLETREE RANCH ROAD, STE 100 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 CENTRAL INDEX KEY: 0001063946 S000019684 ING Large Cap Value Fund C000055103 Class A IEDAX CENTRAL INDEX KEY: 0001063946 S000008387 ING Value Choice Fund C000022975 Class A PAVAX CENTRAL INDEX KEY: 0001063946 S000019684 ING Large Cap Value Fund C000055104 Class B IBEDX CENTRAL INDEX KEY: 0001063946 S000008387 ING Value Choice Fund C000022976 Class B PAVBX CENTRAL INDEX KEY: 0001063946 S000019684 ING Large Cap Value Fund C000055105 Class C IEDCX CENTRAL INDEX KEY: 0001063946 S000008387 ING Value Choice Fund C000022977 Class C PAVCX CENTRAL INDEX KEY: 0001063946 S000019684 ING Large Cap Value Fund C000055106 Class I IEDIX CENTRAL INDEX KEY: 0001063946 S000008387 ING Value Choice Fund C000022978 Class I PAVIX CENTRAL INDEX KEY: 0001063946 S000019684 ING Large Cap Value Fund C000078999 Class W IWEDX CENTRAL INDEX KEY: 0001063946 S000008387 ING Value Choice Fund C000057295 Class W IVCWX CENTRAL INDEX KEY: 0001063946 S000019684 ING Large Cap Value Fund C000103066 Class R IEDRX CENTRAL INDEX KEY: 0001063946 S000008387 ING Value Choice Fund C000067077 Class O PAVOX 425 1 a12-22868_1425.htm 425

 

Filed by: ING Mutual Funds (SEC File Nos.: 33-56094; 811-07428) and ING Equity Trust (SEC File Nos.: 333-56881; 811-08817) pursuant to Rule 425 under the Securities Act of 1933, as amended.

 

ING Email Template

 

Wholesaler Information: Variable

 

Dear Mr/Mrs Financial Advisor –

 

Effective November 13, 2012, ING Investments, LLC, will be removing Tradewinds Global Investors, LLC as the subadvisor for the three funds listed below following the departure of co-founder and CIO David Iben and several other investment personnel.

 

The impacted funds are:

 

·      ING Value Choice Fund (“Value Choice Fund”)

·      ING Global Value Choice Fund (“Global Value Choice Fund”)

·      ING International Value Choice Fund (“International Value Choice Fund”)

 

ING Investment Management Co. LLC (“ING IM”) will be appointed sub-advisor and manage the Funds through March 23, 2013.  At that time, pending a positive shareholder vote, these funds will be merged as detailed below.

 

·      ING Value Choice Fund

·      Pending shareholder approval, reorganization of ING Value Choice Fund into ING Large Cap Value Fund, on or about March 23, 2013

·      Portfolio Managers Chris Corapi and Bob Kloss

 

·      ING Global Value Choice & ING International Value Choice Fund

·      ING Global Value Choice will have a name and strategy change to “ING International Value Equity Fund,” effective November 30, 2012

·      Pending shareholder approval, reorganization of ING International Value Choice Fund into ING International Value Equity Fund (formerly ING Global Value Choice Fund), effective March 23, 2012

·      Martin Jansen, David Rabinowitz and Joseph Vultaggio will manage the Funds

 

Investors will experience a reduction in Fund expense limitation agreements, effective November 30, 2012.  For example, the proposed Class A expense limits are set out below:

 

·      ING Value Choice - 1.40% reduced to 1.25%

·      ING Global Value Choice – 1.50% reduced to 1.35%

·      ING International Value Choice – 1.60% reduced to 1.35%

 

For more information, please contact your ING Wholesaler.

 

Thank you,

 

 

ING Wholesaler

 


 

For financial professional use only. Not for inspection by, distribution or quotation to, the general public.

 

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