ING Funds has made its Exclusive Class (F Class) Units available on each of the ING Funds, effective immediately.
This provides investors the ability to invest in wrap programs, or “fee-for-service” investment programs through their financial advisor, with access to ING Funds’ global management expertise, on a commission-free basis. An investor in one of these programs pays a fee to their investment dealer based on the assets in the investor’s account and/or for financial planning advice.
No sales or redemption charges are payable for purchases or sales of ING Funds’ F Class Units, and ING Funds does not pay any trailing or other commissions on them. As a result, these Funds also feature a lower management fee.