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ING Cuts Fund Expense Ratios
ING Investment Management reduced the expense ratios for the
"I" shares of five of its actively managed fundamental equity funds, the
company announced.
Reported by Fred Schneyer
A news release said, expense ratios were cut effective October 1. The five funds are managed by a U.S. fundamental equity team that has been in place for five years.
According to the announcement, the five funds with their previous and new expense ratios are:
- ING Core Equity Research Fund – 0.83, 0.75
- ING Small Company Fund – 1.24, 1.05
- ING Equity Dividend Fund – 1.01, 0.80
- ING MidCap Opportunities Fund – 1.11, 0.91
- ING SmallCap Opportunities Fund – 1.26, 1.11