ING LIQUID

Introduction

The ING (L) Liquid money market open-ended investment company (Société d'Investissement à Capital Variable, or "Sicav") actively invests in a diversified portfolio of very high-quality short-term money market instruments. The management and investment quality of the ING (L) Liquid fund has been graded by Standard & Poor's and Moody's, the two major rating agencies, which awarded it AAA, the highest rating.

Since a money market fund brings together surplus cash from numerous clients, it offers each investor an additional benefit: liquidity. Indeed, if liquidity is needed, investors can recover their money with the day's value date, so easing day-to-day treasury management considerably.

The minimum amount to be subscribed is EUR 250,000.

Return

The net asset value or "NAV" is issued daily. The day's subscriptions and redemptions are made at this NAV. The capital gain recorded between the NAV on the day of subscription and that of redemption gives the return of the investment. This yield is not known in advance but its aim is to replicate the return of the Eonia overnight rate.

Your Benefits

Maximum security

• Twofold AAA rating from the Moody's and Standard & Poor's agencies;
• diversification of investments made within the Sicav.

Liquidity

• Daily subscriptions and redemptions at the day's value date with no strings or expenses.

Yield

• Attractive yield; and
• reduction of costs by delegating treasury management to specialists.