(d)(17)(iv)

AMENDED SCHEDULE A

to the

AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT

ING MUTUAL FUNDS

OPERATING EXPENSE LIMITS

Name of Fund1	Maximum Operating Expense Limit (as a percentage of average net assets)
	Class
	A		B		C		I		O		Q	R		W
ING Asia-Pacific Real Estate Fund Initial Term Expires March 1, 2009	1.75	%	2.50	%	2.50	%	1.50	%	N/A		N/A	N/A		N/A
ING Disciplined International SmallCap Fund Initial Term Expires March 1, 2008	1.20	%	1.95	%	1.95	%	0.95	%	N/A		N/A	N/A		N/A
ING Diversified International Fund2,5,6 Term Expires March 1, 2010	0.50	%	1.25	%	1.25	%	0.25	%	0.35	%	N/A	0.75	%	0.10	%

¹ This Agreement shall automatically renew for one-year terms with respect to a Fund unless otherwise terminated in accordance with the Agreement.

² The operating expense limits apply only at the Fund level and do not limit the fees payable by the underlying investment companies in which the Funds invest. The operating expense limits for Class O and Class W of ING Diversified International Fund will increase to 0.50% and 0.25%, respectively, at the Fund level, effective March 1, 2010.

³ The operating expense limits, including the expenses of the underlying investment companies in which the Funds invest, for Class O and Class W of ING Diversified International Fund will increase to 1.65% and 1.40%, respectively, effective March 1, 2010.

⁴ The Initial Term expires March 1, 2010 for Class I for ING Global Natural Resources Fund.

⁵ Class W shares effective December 17, 2007 and the Initial Term for Class W shares expires March 1, 2010.

⁶ Class O Shares of ING Diversified International Fund, ING Global Bond Fund, and ING International SmallCap Multi-Manager Fund effective May 30, 2008. The Initial Term for Class O Shares of ING Global Bond Fund and ING International SmallCap Multi-Manager Fund expires March 1, 2010.

1

Name of Fund1	Maximum Operating Expense Limit (as a percentage of average net assets)
	Class
	A		B		C		I		O		Q		R		W
Total Expense Limit 3 including expenses of the underlying investment companies	1.65	%	2.40	%	2.40	%	1.40	%	1.47	%	N/A		1.90	%	1.22	%
ING Emerging Countries Fund5 Initial Term Expires March 1, 2006	2.25	%	2.90	%	2.90	%	1.90	%	N/A		2.15	%	N/A		1.90	%
ING Emerging Markets Fixed Income Fund Initial Term Expires March 1, 2007	1.25	%	2.00	%	2.00	%	1.00	%	N/A		N/A		N/A		N/A
ING European Real Estate Fund Initial Term Expires March 1, 2009	1.75	%	2.50	%	2.50	%	1.50	%	N/A		N/A		N/A		N/A
ING Foreign Fund5 Initial Term Expires March 1, 2006	1.95	%	2.70	%	2.70	%	1.60	%	N/A		1.85	%	N/A		1.45	%
ING Global Bond Fund6 Initial Term Expires March 1, 2008	0.90	%	1.65	%	1.65	%	0.61	%	0.90	%	N/A		N/A		N/A

¹ This Agreement shall automatically renew for one-year terms with respect to a Fund unless otherwise terminated in accordance with the Agreement.

² The operating expense limits apply only at the Fund level and do not limit the fees payable by the underlying investment companies in which the Funds invest. The operating expense limits for Class O and Class W of ING Diversified International Fund will increase to 0.50% and 0.25%, respectively, at the Fund level, effective March 1, 2010.

³ The operating expense limits, including the expenses of the underlying investment companies in which the Funds invest, for Class O and Class W of ING Diversified International Fund will increase to 1.65% and 1.40%, respectively, effective March 1, 2010.

⁴ The Initial Term expires March 1, 2010 for Class I for ING Global Natural Resources Fund.

⁵ Class W shares effective December 17, 2007 and the Initial Term for Class W shares expires March 1, 2010.

⁶ Class O Shares of ING Diversified International Fund, ING Global Bond Fund, and ING International SmallCap Multi-Manager Fund effective May 30, 2008. The Initial Term for Class O Shares of ING Global Bond Fund and ING International SmallCap Multi-Manager Fund expires March 1, 2010.

2

Name of Fund1	Maximum Operating Expense Limit (as a percentage of average net assets)
	Class
	A		B		C		I		O		Q	R	W
ING Global Natural Resources Fund 4,5 Initial Term Expires March 1, 2010	2.75	%	N/A		N/A		2.50	%	N/A		N/A	N/A	2.50	%
ING Global Real Estate Fund5 Initial Term Expires March 1, 2007	1.75	%	2.50	%	2.50	%	1.50	%	1.75	%	N/A	N/A	1.50	%
ING Index Plus International Equity Fund Term Expires March 1, 2011	1.15	%	1.90	%	1.90	%	0.90	%	1.15	%	N/A	N/A	N/A
ING International Capital Appreciation Fund Initial Term Expires March 1, 2007	1.50	%	2.25	%	2.25	%	1.25	%	N/A		N/A	N/A	N/A
ING International Equity Dividend Fund5 Initial Term Expires March 1, 2009	1.40	%	2.15	%	2.15	%	1.15	%	N/A		N/A	N/A	1.15	%

¹ This Agreement shall automatically renew for one-year terms with respect to a Fund unless otherwise terminated in accordance with the Agreement.

² The operating expense limits apply only at the Fund level and do not limit the fees payable by the underlying investment companies in which the Funds invest. The operating expense limits for Class O and Class W of ING Diversified International Fund will increase to 0.50% and 0.25%, respectively, at the Fund level, effective March 1, 2010.

³ The operating expense limits, including the expenses of the underlying investment companies in which the Funds invest, for Class O and Class W of ING Diversified International Fund will increase to 1.65% and 1.40%, respectively, effective March 1, 2010.

⁴ The Initial Term expires March 1, 2010 for Class I for ING Global Natural Resources Fund.

⁵ Class W shares effective December 17, 2007 and the Initial Term for Class W shares expires March 1, 2010.

⁶ Class O Shares of ING Diversified International Fund, ING Global Bond Fund, and ING International SmallCap Multi-Manager Fund effective May 30, 2008. The Initial Term for Class O Shares of ING Global Bond Fund and ING International SmallCap Multi-Manager Fund expires March 1, 2010.

3

Name of Fund1	Maximum Operating Expense Limit (as a percentage of average net assets)
	Class
	A		B		C		I		O		Q		R	W
ING International Growth Opportunities Fund Initial Term Expires March 1, 2010	1.55	%	2.30	%	2.30	%	1.30	%	N/A		1.55	%	N/A	N/A
ING International SmallCap Multi-Manager Fund5,6 Initial Term Expires March 1, 2006	1.95	%	2.60	%	2.60	%	1.40	%	1.85	%	1.85	%	N/A	1.60	%
ING International Value Choice Fund Initial Term Expires March 1, 2006	1.70	%	2.45	%	2.45	%	1.45	%	N/A		N/A		N/A	N/A
ING International Value Opportunities Fund Initial Term Expires March 1, 2008	1.40	%	2.15	%	2.15	%	1.15	%	N/A		N/A		N/A	N/A
ING Russia Fund Initial Term Expires March 1, 2006	3.35	%	4.10	%	N/A		N/A		N/A		N/A		N/A	N/A

/s/ HE        

HE            

Date Last Amended: March 1, 2009

¹ This Agreement shall automatically renew for one-year terms with respect to a Fund unless otherwise terminated in accordance with the Agreement.

² The operating expense limits apply only at the Fund level and do not limit the fees payable by the underlying investment companies in which the Funds invest. The operating expense limits for Class O and Class W of ING Diversified International Fund will increase to 0.50% and 0.25%, respectively, at the Fund level, effective March 1, 2010.

³ The operating expense limits, including the expenses of the underlying investment companies in which the Funds invest, for Class O and Class W of ING Diversified International Fund will increase to 1.65% and 1.40%, respectively, effective March 1, 2010.

⁴ The Initial Term expires March 1, 2010 for Class I for ING Global Natural Resources Fund.

⁵ Class W shares effective December 17, 2007 and the Initial Term for Class W shares expires March 1, 2010.

⁶ Class O Shares of ING Diversified International Fund, ING Global Bond Fund, and ING International SmallCap Multi-Manager Fund effective May 30, 2008. The Initial Term for Class O Shares of ING Global Bond Fund and ING International SmallCap Multi-Manager Fund expires March 1, 2010.

4