ING Global Natural Resources Fund Class A (LEXMX)

10.72
Net Asset Value
+0.56%
1 Day
+8.17%
Year-to-Date
Overall Morningstar Rating
Natural resources
Style or Category
5.75
Sales Expenses
1.55%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund normally invests at least 80% of its assets in the equity securities of companies in the natural resources industries located in a number of different countries, one of which may be the United States. It is permitted to invest up to a maximum of 50% of its assets in any single industry that is engaged in any of the types of natural resources industries set out in the prospectus. The fund also may invest in securities issued by companies that are not in natural resources industries, investment-grade corporate debt, and repurchase agreements. It is non-diversified.

Performance

1 month+6.03% 3 years-0.61%
3 months+9.84% 5 years+12.09%
1 year+28.71% Since inception+7.24%
Data through --

Peer Comparisonvs. Natural resources

 LEXMXCategory
Performance 5-yr return+12.09%+14.59%
Expense ratio1.55%1.49%
Risk 5 year sharpe ratio0.660.73
Net assets$90.1M$722.6M
Average market cap$33.4B$20.4B
Average P/E16.717.8
Portfolio turnover47%47%

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Fund Management and Purchase Info

Fund familyING Funds
Fund manager & tenureJoseph Basset / 3 Years
Minimal initial investment$1,000.00
Minimum IRA investment$250.00

Holdings

U.S. stock77.71%
International stock20.19%
Cash2.09%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Energy 77.76%
Industrial materials 19.31%
Consumer goods 2.93%
Business service 0.00%
Consumer service 0.00%
Top 10 Holdings
Portfolio weighting
XOM Exxon Mobil Corporation9.34%
SLB Schlumberger NV7.20%
CVX Chevron Corp5.89%
OXY Occidental Petroleum Corporation5.73%
EOG EOG Resources3.65%
HAL Halliburton Company3.63%
-- Canadian Natural Resources Ltd3.47%
APC Anadarko Petroleum Corp3.40%
FCX Freeport-McMoRan Copper & Gold3.25%
PSX Phillips 662.97%

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