003

Document Sample
003 Powered By Docstoc
					ING Money Market Portfolio - Class I
Money Market - Taxable

Release Date 09-30-09

.................................................................................................................................................................................................................................................................................................................................................... Category

Investment Strategy from investment's prospectus
The investment seeks to provide high current return. The fund invests in a portfolio of high-quality, U.S. dollar denominated short-term debt securities that are determined by the Sub-Adviser to present minimal credit risks. It may invest in instruments subject to repurchase agreements and certain variable and floating rate obligations that bear longer final maturities. The fund may invest more than 25% of assets in instruments issued by domestic banks. It may invest in securities issued by financial services companies. The fund may purchase securities on a when-issued basis and purchase or sell them on a forward commitment basis. Past name(s): ING VP Money Market R.

Portfolio Analysis
Composition as of 09-30-09 % Assets Morningstar Style Box™ as of 09-30-09 High

U.S. Stocks Non-U.S. Stocks Bonds Cash Other

0.0 0.0 0.0 100.0 0.0
Short Interm Long

Med Low

Operations
Gross Prosp Exp Ratio Net Prosp Exp Ratio Management Fee 12b-1 Fee Other Fee Fund Inception Date Total Fund Assets ($mil) Advisor Subadvisor 0.35% of fund assets 0.35% of fund assets 0.25% . 0.00% 01-02-80 1,468.2 ING Investments, LLC Ing Investment Management Co.
Waiver Data Type Exp. Date %

.
Portfolio Manager(s)

.

.

.

David Yealy. Since 2004.

Volatility and Risk
Prospectus Risk as of 09-30-09

Credit and Counterparty, Foreign Securities, Industry and Sector Investing, Interest Rate risk/Interest Rate Changes, Loss of money, Mortgage-Backed and Asset-Backed Securities, Not FDIC insured, Prepayment (Call), Repurchase Agreements, Restricted/Illiquid Securities, U.S. Government Obligations, and Underlying Fund (also known as Fund of Funds, or Subsidiary) risks.
Investment Risk

Notes
ING Funds Services, LLC receives an annual administrative fee equal to 0.055% on the first $5 billion of daily net assets and 0.03% thereafter. Funds or their affiliates may pay compensation to ING affiliates offering a fund. Such compensation may be paid out of distribution, service and/or 12b-1 fees that are deducted from the fund's assets, and/or may be paid directly by the fund's affiliates. Any fees deducted from fund assets are discussed in the fund's prospectus and disclosed in the fund fact sheet. Because these fees are paid on an on-going basis, over time these fees will increase the cost of your investment and may cost you more than paying other types of sales charges. If offered through a retirement program, additional fees and expenses may be charged under that program. NOT A DEPOSIT. NOT FDIC INSURED. NOT INSURED BYANY FEDERAL GOVERNMENT AGENCY. NOT GUARANTEED BY THE INSTITUTION. MAY GO DOWN IN VALUE. Money Market — An investment in this fund is not insured nor guaranteed by the Federal Deposit Insurance Corporation nor any other government agency, Although the fund will strive to maintain $1.00 net asset value per share, there is no assurance that it will be able to do so, While the fund's investment objective includes the preservation of capital, it is possible to lose money by investing in the fund.

The investor should note that funds that invest in securities involve special additional risks.

©2009 Morningstar, Inc., Morningstar Investment Profiles™ 312-696-6000. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com.

13.003-309 (10/09) C09-0721-038R