Mutual Fund Insights: ING Russia A Fund (LETRX)

In-depth Analysis of ING Russia A Fund (LETRX)

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See ING Russia A Fund (LETRX) performance details as of January 31, 2010

  

Last Trade: $35.68 on 3/17/2010, Change: +0.37 (1.05%)

  

Fund Manager - Jan-Wim Derks

Fund Manager Tenure: 9.1 years
Fundmojo Fund Grade: A (Score: 0.72)     (What does this score mean?)

Derks is a portfolio manager with ING Investment Management, his employer since 1997. He serves as director of global emerging markets equities at ING Investment Management - Europe.  Get more insights on Jan-Wim Derks

  

 What we like about ING Russia A Fund (LETRX)

Data for ING Russia A Fund (LETRX) as of January 31, 2010

• ING Russia A Fund (LETRX) management has been with ING Russia A Fund for 9.1 years
• ING Russia A Fund (LETRX) has good short-term performance (1-year return 184.05% vs 59.71% Europe Stock category average)
• ING Russia A Fund (LETRX) has good mid-term performance (3-year return -3.43% vs -8.66% Europe Stock category average)
• ING Russia A Fund (LETRX) has good Long-term performance (5-year return 19.50% vs 3.99% Europe Stock category average)
• ING Russia A Fund (LETRX) has a Morningstar rating of 4 and above
• ING Russia A Fund (LETRX) has an annual stock turnover rate of 46.00% vs Europe Stock average of 123.48%. It is good that ING Russia A management does not trade extensively for its return.

  

 What we are cautious about ING Russia A Fund (LETRX)

Data for ING Russia A Fund (LETRX) as of January 31, 2010

• ING Russia A Fund is a focused fund with 64.41% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• ING Russia A Fund (LETRX) ratio of up-years vs down years can be improved
• ING Russia A Fund (LETRX) is more volatile than its peers as it has a 3-year Standard Deviation of 47.2 that is higher than category average of 27.28
• ING Russia A Fund (LETRX) has a higher management fee of 2.07% than its Europe Stock average of 1.72%
• ING Russia A Fund (LETRX) carries a 5.75% load

See ING Russia A Fund (LETRX) performance details as of January 31, 2010

  

  

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ING Russia A Fund (LETRX) Net Asset

Track net asset change of ING Russia A fund (LETRX)

Date	Net Asset
01/2010	$407.89M
11/2009	$395.04M
10/2009	$373.62M

More historic net asset information on ING Russia A Fund (LETRX)

  

ING Russia A Fund (LETRX) Portfolio Allocation

Track portfolio allocation change of ING Russia A fund (LETRX)

Date	Cash	Stock	Bond	Other
09/2009	0%	96.72%	0%	3.28%
06/2009	0%	99.7%	0%	0.3%
03/2009	0%	99.7%	0%	0.3%

Click here to see more historic asset allocation information on ING Russia A Fund (LETRX)

  

Most Recent Top 10 Holdings in ING Russia A Fund (LETRX)

Discover what ING Russia A Fund (LETRX) manager is buying

30-Sep-09 Ak Sberegatelny Bank Sberbank [12.29%] Lukoil Company ADR [11.64%] Gazprom OAO [7.32%] MMC Norilsk Nickel ADR [4.22%] Gazprom OAO (EDR) [4.06%] Magnit - Open Joint Stock [3.59%] OAO Tatneft GDR [3.49%] Surgutneftegaz OAO (GDR) [3.42%] RusHydro JSC [2.54%]

30-Jun-09 Lukoil Company ADR [18.09%] Gazprom OAO [9.43%] Sberbank Rossii OAO [6.25%] Gazprom OAO (EDR) [5.18%] OJSC Polyus Gold ADR [5.09%] Surgutneftegas OAO (ADR) [4.91%] OAO Tatneft GDR [4.54%] Oao Novatek GDR [4.44%] Magnit OAO [4.35%]

31-Mar-09 Lukoil Company ADR [18.09%] Gazprom OAO [9.43%] Sberbank Rossii OAO [6.25%] Gazprom OAO (EDR) [5.18%] OJSC Polyus Gold ADR [5.09%] Surgutneftegas OAO (ADR) [4.91%] OAO Tatneft GDR [4.54%] Oao Novatek GDR [4.44%] Magnit OAO [4.35%]

Click here for Stock Holding Change Map in ING Russia A Fund (LETRX)

  

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Latest News on ING Russia A (LETRX)

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See more information on ING Russia A Fund (LETRX)

• ING Russia A Fund Insights
• ING Russia A Fund Performance Data
• ING Russia A Fund News
• ING Russia A Fund Score Explaination
• ING Russia A Fund Manager Information
• Historic ING Russia A Fund Asset Allocation Report
• Historic ING Russia A Fund Top 10 Holding Tracking
• Historic ING Russia A Fund Asset Under Management Tracking