ING Opportunity Choice Advisory Program

What is the ING Opportunity Choice Advisory Program?

The ING Opportunity Choice Advisory Program is a professional portfolio management service. With this one convenient program, you have access to:

Advice: a customized asset allocation strategy and personalized recommendations from your dedicated investment adviser

Diversification: hundreds of mutual funds from many of the well-known fund families in the financial industry. You should consider the investment objectives, risks, charges and expenses of mutual funds offered through a retirement plan, carefully before investing. The prospectuses contain this and other information, and can be obtained by contacting your local representative. Please read the prospectuses carefully before investing.

Simplicity: Monthly activity statements, quarterly performance statements and annual reviews by your investment adviser helps monitor progress toward your financial objectives.

Advisory service

Your investment adviser will work with you to tailor a financial solution based on your current and ongoing objectives. In addition, you will receive personalized service from an experienced financial adviser who will provide the advice you need to make decisions based upon your life and goals.

There is an annual advisory fee based on the value of assets in your ING Opportunity Choice Advisory account. The annual advisory fee is 1.2% for account values less than $500,000 and 1.0% for account values of $500,000 or more.

This fee is paid quarterly, in advance, based on the account balance as of the last business day of the calendar quarter, and is deducted automatically from your account.

Initial investment requirement

The minimum initial investment to establish an ING Opportunity Choice Advisory account is $50,000.

Investment options

The program offers you a wide variety of actively managed mutual funds. Our investment selection committee and a team of financial experts builds and monitors the portfolios – right down to recommending the investment styles and individual funds in each portfolio.

With ING Opportunity Choice Advisory Program, you’ll invest in a wide variety of front load-waived mutual funds at Net Asset Value (NAV) (other fees may apply). That means more of your money goes directly into your investment portfolio. Investment management fees will also apply. These funds come from some of the most respected names in the business:

AIM Investments® *

Alliance Capital Management

American Funds SM

Fidelity Advisor Funds® **

Franklin® Templeton® Investments ***

ING Funds

MFS Investment Management® +

OppenheimerFunds

Putnam Investments

Van Kampen ++

These investments cover a wide range of risk/reward characteristics, from very conservative to more aggressive alternatives. You’ll have the flexibility to choose diverse funds and fund managers within the convenience of a single program. Your investment advisor will provide a full list of funds and fees associated with all investments.

* AIM Investments is a registered service mark of AIM Management Group, Inc. A I M Distributors, Inc. is the distributor for the retail mutual funds represented by AIM Investments. AIM Management Group, Inc. is a subsidiary of AMVESCAP PLC.

** Fidelity Advisor Funds is a registered trademark of FMR Corp.

*** Franklin and Templeton are registered trademarks of Franklin Resources, Inc. or its subsidiaries.

+ MFS® and MFS Investment Management® are registered trademarks of Massachusetts Financial Services Company.

++ Morgan Stanley Investment Management Inc. does business in certain instances using the name Van Kampen.

Rollover/transfer capability

ING Opportunity Choice allows you to expand beyond your Opportunity Plus 403(b) account and consolidate your tax-qualified retirement investments. Additionally, you may be able to move money you have invested in other tax-qualified retirement investments into your ING Opportunity Choice account.

For more information

For more information about the ING Opportunity Choice Advisory program, contact the Opportunity Plus Service Center at (800) 677-4636.

Securities and investment advisory services provided by ING Financial Advisers, LLC (member SIPC). Custodial and administrative services offered through Pershing, LLC.

Insurance products are offered through ING Life Insurance and Annuity Company (ILIAC), One Orange Way, Windsor, CT 06095-4774. Securities are offered through ING Financial Advisers, LLC (member SIPC) and other broker/dealers with which it has agreements. Custodial services are offered through ING National Trust. These companies are wholly owned subsidiaries of ING Groep N.V. Products and services may not be available in all states.