Supplement dated April 14, 2000
to Prospectus dated February 28, 2000
of ING Funds Trust
ING Large Cap Growth Fund
ING Growth & Income Fund
ING Mid Cap Growth Fund
ING Small Cap Growth Fund
ING Global Brand Names Fund
ING International Equity Fund
ING European Equity Fund
ING Tax Efficient Equity Fund
ING Tax Efficient Equity Value Fund
ING Focus Fund
ING Global Information Technology Fund
ING Global Communications Fund
ING Internet Fund
ING Internet Fund II
ING Balanced Fund
ING Emerging Markets Equity Fund
ING Global Real Estate Fund
ING Quality of Life Fund
This Supplement is provided to update, and should be read in conjunction with,
the information provided in the Prospectus. This Supplement replaces
the Supplement dated February 28, 2000.
* ING Funds Trust is currently offering only thirteen of the eighteen funds
listed in the Prospectus. These funds are: ING Large Cap Growth Fund,
ING Growth & Income Fund, ING Mid Cap Growth Fund, ING Small Cap Growth
Fund, ING Global Brand Names Fund, ING International Equity Fund, ING
European Equity Fund, ING Tax Efficient Equity Fund, ING Focus Fund,
ING Global Information Technology Fund, ING Global Communications Fund,
ING Internet Fund and ING Emerging Markets Equity Fund. The ING Tax
Efficient Equity Value Fund, ING Internet Fund II, ING Balanced Fund,
ING Global Real Estate Fund and ING Quality of Life Fund, although
listed in the Prospectus, are not being offered as of the date of this
supplement.
* The ING Internet Fund will be closed to new investors upon reaching
$500 million of assets under management. At such point, existing
shareholders will be permitted to continue to make additional investments
in the Fund.
* The third paragraph under the sub-section entitled "Portfolio Managers"
in the section of the Prospectus entitled "Management of the Funds"
concerning the management of the ING Growth & Income Fund should be
deleted and the following paragraph should be inserted as the third
paragraph:
ING Growth & Income Fund. Mr. Martin Jansen has primary responsibility
for managing the Fund and heads a five-member team of investment
professionals. Mr. Jansen has been employed by IIMA as an investment
professional since 1997 and has 20 years of investment experience.
If you would like more information about ING Funds Trust call 877-INFO-ING
or 877-463-6464.
ING-EQSUPP-00-2
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Supplement dated April 14, 2000
to the Statement of Additional Information
dated February 28, 2000
of ING Funds Trust
This Supplement is provided to update, and should be read in conjunction
with, the information provided in the Statement of Additional Information.
On page 46, under "Description of Class C Shares," in the "Additional
Purchase Information " section, add the following information after
the "Waiver of Class C CDSL" discussion:
Starpoint Program. IMFC and Starwood Preferred Guests are providing
purchasers of Class C shares who purchase their shares directly through IFD
the opportunity to earn Starpoints. Through July 15, 2000, one Starpoint
will be earned for every $2 invested in Class C shares of the ING Funds and
purchased directly through IFD. After July 15, 2000 new investments will
receive one Starpoint for every $4 invested in Class C shares of the ING
Funds and purchased directly through IFD. The offer is valid only for new
purchases of the Class C shares of ING Funds by individual, joint and
custodial accounts. IRAs and other retirement accounts may not participate
in this program. A valid Starwood Preferred Guest membership number must be
provided at the time of the application. Starpoints received through this
program reduce an investor's tax basis in his shares by 2 cents per Starpoint.
IMFC or an affiliate thereof will purchase the Starpoints from Starwood
Preferred Guest from its own resources and not from the resources of the Funds.
To receive benefits under this program with respect to the earning and
redemption of Starpoints associated with Starwood Preferred Guest, you must
join or be a member of Starwood Preferred Guest and have paid for at least one
night's lodging at a qualifying room rate with Starwood Hotel & Resorts. As
stated above, a valid Starwood Preferred Guest Membership number must be
provided at the time of application. All promotions associated with Starwood
Preferred Guest are subject to the General Terms and Conditions of the Starwood
Preferred Guest Program, which are subject to change.
ING-SAISUPP-00-1
