ING (L) Invest Biotechnology I USD

The sub-fund essentially invests (minimum 2/3) in a diversified portfolio of equities and/or other transferable securities (warrants on transferable securities – up to a maximum of 10% of the sub-fund’s net assets – and convertible bonds) issued by companies in the biotechnology sector. Biotechnology activities include the research, development, production and distribution of biotechnology or biomedical products, services and processes.
The sub-fund reserves the right to invest up to 20% of its net assets in Rule 144A Securities.

Key stats

Management firm  ING Investment Management Luxembourg
Fund Status  OBSOLETE
Fund currency  USD
Net Assets Date  2011-06-30
Net Assets  $49,281,971
Launch Date  2008-07-28
Obsolete Date  2011-07-18
ISIN  LU0341734357
Manager 1 Name  Paul Vrouwes
Fund Strategy  Sector Equity Biotechnology
Benchmark  MSCI World/Biotechnology NR USD
Fund Structure  SICAV
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2011-06-30
Return - 1 Month  -1.60%
Return - 2 Months  -1.11 %
Return - 3 Months  6.28%
Return - 6 Months  13.36 %
Return - 9 months  19.60 %
Return - 12 Months  32.52%
Annualized return 24 months  13.04 %
Annualized return 36 months  0.00 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  -1.16%
Return YTD  13.36%

Charges

Initial  2.00 %
Minimum Investment  $250,000
Maximum Managment Charge  0.60 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  ING Investment Management Luxembourg S.A.
Contact Address 2  3, rue Jean Piret
Contact Address 3  L-2350 Luxembourg
Contact city  Luxembourg
Contact country  Luxembourg
Fund Admin Group  ING Investment Management Luxembourg
Web Address  www.ingim.com
Email contact  fundinfo@ingim.com

Price

Last Price Date  2011-07-18
Pre-tax nav  4750.19
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $-55.57
Price change (percentage)  -1.16 %
Guaranteed NAV  0.00000
Close Price  0.00

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