(January 23 – 12:40 ET) – ING Canada, the Canadian arm of Amsterdam-based ING Group, has launched a new family of mutual funds that caters to investors’ growing needs for international and global investment management expertise.

The new family, known as the ING Advisor Funds, consists of 18 funds. It comprises seven Canadian funds as well as eleven international and global funds, including four RSP-eligible versions. The funds are available through financial advisors.

The funds rely on the capabilities of ING’s global asset management team, which manages more than CDN$ 550 billion on behalf of institutional, corporate and individual investors around the world. ING Investment Management, with its 1,200 employees located in more than 20 countries, acts as investment advisor to the new funds.

According to Doug Paul, managing director of ING Funds, “Canadian investors are increasingly demanding high performing international funds managed by highly-structured global investment management teams. By launching this new family, Canadian investors can now benefit from ING’s structured proprietary investment process as well as the depth and breadth of its international investment expertise in Canada and around the world”.

This is the second ING family of funds available in Canada. In December 1999, ING Direct Funds Ltd. launched three no-load mutual funds.

Information regarding each of the 18 ING Advisor funds, their objectives, the management style as well as the prospectus is available at www.ingadvisorfunds.com.
-IE Staff