As filed with the Securities and Exchange Commission on January 19, 2001
Securities Act File No. 333-52000
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-14
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 [X]
Pre-Effective Amendment No. [ ]
Post-Effective Amendment No. 1 [X]
ING FUNDS TRUST
(Exact Name of Registrant as Specified in Charter)
7337 E. Doubletree Ranch Road, Scottsdale, Arizona 85258
(Address of Principal Executive Offices) (Zip Code)
(800) 992-0180
(Registrant's Area Code and Telephone Number)
James M. Hennessy
ING Pilgrim Investments, Inc.
7337 E. Doubletree Ranch Road
Scottsdale, Arizona 85258
(Name and Address of Agents for Service)
With copies to:
Jeffrey S. Puretz Steven R. Howard
Dechert Paul, Weiss, Rifkind, Wharton & Garrison
1775 Eye Street, N.W. 1285 Avenue of the Americas
Washington, DC 20006 New York, NY 10019
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Approximate Date of Proposed Public Offering:
As soon as practicable after this Registration Statement becomes effective.
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It is proposed that this filing will become effective immediately
pursuant to Rule 485(b) under the Securities Act of 1933.
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No filing fee is required because an indefinite number of shares have previously
been registered pursuant to Rule 24f-2 under the Investment Company Act of 1940,
as amended.
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ING FUNDS TRUST
CONTENTS OF REGISTRATION STATEMENT
This Registration Statement consists of the following papers and documents:
* Cover Sheet
* Contents of Registration Statement
* Explanatory Note
* Cover Page of Statement of Additional Information
* Signature Page
* Exhibit Index
* Consents of Independent Accountants
EXPLANATORY NOTE
This Post-Effective Amendment No. 1 to the Registration Statement on Form
N-14 for ING Funds Trust incorporates by reference the Registrant's Part A, Part
B and Part C contained in the Registrant's Registration Statement on Form N-14
which was filed with the Securities and Exchange Commission on December 15,
2000. This Post-Effective Amendment is being filed to add consents of the
accountants as exhibits to Part C of the Registration Statement.
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PART B
ING FUNDS TRUST
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Statement of Additional Information
January 14, 2001
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Acquisition of the Assets and Liabilities By and in Exchange for Shares of
of Pilgrim Global Technology Fund, Inc. ING Global Information Technology
7337 East Doubletree Ranch Road Fund (a series of ING Funds Trust)
Scottsdale, Arizona 85258 7337 East Doubletree Ranch Road
Scottsdale, Arizona 85258
This Statement of Additional Information is available to the Shareholders of
Pilgrim Global Technology Fund in connection with a proposed transaction whereby
all of the assets and liabilities of Pilgrim Global Technology Fund, Inc.
("Pilgrim Global Technology Fund") will be transferred to ING Global Information
Technology Fund, a series of ING Funds Trust, in exchange for shares of ING
Global Information Technology Fund.
This Statement of Additional Information of ING Funds Trust consists of this
cover page and the following documents, each of which was filed electronically
with the Securities and Exchange Commission and is incorporated by reference
herein:
1. The Statement of Additional Information for ING Global Information
Technology Fund, dated November 6, 2000 and as filed on November 13, 2000
and of Pilgrim Global Technology Fund, dated August 11, 2000, as filed on
August 11, 2000, respectively.
2. The Financial Statements of ING Global Information Technology Fund are
included in the Annual Report of ING Funds Trust dated October 31, 2000, as
filed on January 10, 2001.
3. The Financial Statements of Pilgrim Global Technology Fund are included in
the Annual Report of Pilgrim Global Technology Fund dated October 31, 2000,
as filed on January 10, 2001.
This Statement of Additional Information is not a prospectus. A Proxy
Statement/Prospectus dated January 14, 2001 relating to the reorganization of
Pilgrim Global Technology Fund may be obtained, without charge, by writing to
ING Pilgrim Investments, Inc. at 7337 East Doubletree Ranch Road, Scottsdale,
Arizona 85258 or calling 1-800-992-0180. This Statement of Additional
Information should be read in conjunction with the Proxy Statement/Prospectus.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the
Registrant has duly caused this Post-Effective Amendment to its Registration
Statement on Form N-14 to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Scottsdale and State of Arizona on the 19th day
of January, 2001.
ING FUNDS TRUST
By: /s/ Robert W. Stallings
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Robert W. Stallings
President and Chief Executive Officer
Pursuant to the requirements of the Securities Act of 1933, this
Post-Effective-Amendment to this Registration Statement has been signed below by
the following persons in the capacities and on the date indicated.
Signature Title Date
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/s/ Robert W. Stallings President and Chief January 19, 2001
--------------------------- Executive Officer
Robert W. Stallings
/s/ Michael J. Roland Treasurer January 19, 2001
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Michael J. Roland
/s/ Joseph N. Hankin* Trustee January 19, 2001
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Joseph N. Hankin
/s/ Jack D. Rehm* Trustee January 19, 2001
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Jack D. Rehm
/s/ Blaine E. Rieke* Trustee January 19, 2001
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Blaine E. Rieke
/s/ Richard A. Wedemeyer* Trustee January 19, 2001
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Richard A. Wedemeyer
/s/ Robert W. Stallings January 19, 2001
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Robert W. Stallings
Attorney-in-Fact*
* Executed pursuant to powers of attorney filed as part of Registrant's
Registration Statement on Form N-14 which was filed with the Securities and
Exchange Commission on December 15, 2000.
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EXHIBIT INDEX
(14)(a) Consent of PricewaterhouseCoopers LLP, independent accountants.
(14)(b) Consent of Ernst & Young LLP
