-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 MarL+NSlk7shuAF7BKttyK8IDwUEu0zYxIRha89ZnTKI/9Kzo/cZr3jmpkFZLCut
 8TZMEj8pkyaYJTqs3+E58Q==

<SEC-DOCUMENT>0000950153-06-000514.txt : 20060228
<SEC-HEADER>0000950153-06-000514.hdr.sgml : 20060228
<ACCEPTANCE-DATETIME>20060228132828
ACCESSION NUMBER:		0000950153-06-000514
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20060228
DATE AS OF CHANGE:		20060228
EFFECTIVENESS DATE:		20060228

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ING INVESTORS TRUST
		CENTRAL INDEX KEY:			0000837276
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	033-23512
		FILM NUMBER:		06649912

	BUSINESS ADDRESS:	
		STREET 1:		7337 E. DOUBLETREE RANCH ROAD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258
		BUSINESS PHONE:		800-366-0066

	MAIL ADDRESS:	
		STREET 1:		7337 E. DOUBLETREE RANCH ROAD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GCG TRUST
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SPECIALTY MANAGERS TRUST
		DATE OF NAME CHANGE:	19911209

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WESTERN CAPITAL SPECIALTY MANAGERS TRUST
		DATE OF NAME CHANGE:	19890725

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			USLICO SERIES FUND/VA/
		CENTRAL INDEX KEY:			0000827885
		IRS NUMBER:				541499398
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	033-20957
		FILM NUMBER:		06649913

	BUSINESS ADDRESS:	
		STREET 1:		7337 E. DOUBLETREE RANCH RD.
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258
		BUSINESS PHONE:		1-800-992-0180

	MAIL ADDRESS:	
		STREET 1:		7337 E. DOUBLETREE RANCH RD.
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	USLICO SERIES FUND
		DATE OF NAME CHANGE:	19880321

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ING VP NATURAL RESOURCES TRUST
		CENTRAL INDEX KEY:			0000844070
		IRS NUMBER:				222932678
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	033-26116
		FILM NUMBER:		06649914

	BUSINESS ADDRESS:	
		STREET 1:		THE PILGRIM FUNDS
		STREET 2:		7337 E. DOUBLETREE RANCH ROAD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258
		BUSINESS PHONE:		1-800-992-0180

	MAIL ADDRESS:	
		STREET 1:		THE PILGRIM  FUNDS
		STREET 2:		7337 E. DOUBLETREE RANCH ROAD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PILGRIM NATURAL RESOURCES TRUST
		DATE OF NAME CHANGE:	20020405

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ING NATURAL RESOURCES TRUST
		DATE OF NAME CHANGE:	20020320

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PILGRIM NATURAL RESOURCES TRUST
		DATE OF NAME CHANGE:	20010508

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ING VARIABLE INSURANCE TRUST
		CENTRAL INDEX KEY:			0001090682
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-83071
		FILM NUMBER:		06649916

	BUSINESS ADDRESS:	
		STREET 1:		7337 EAST DOUBLETREE RANCH RD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258
		BUSINESS PHONE:		8774636464

	MAIL ADDRESS:	
		STREET 1:		7337 E DOUBLETREE RANCH RD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PILGRIMVARIABLE INSURANCE TRUST
		DATE OF NAME CHANGE:	20020405

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ING VARIABLE INSURANCE TRUST
		DATE OF NAME CHANGE:	19990715

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ING PRIME RATE TRUST
		CENTRAL INDEX KEY:			0000826020
		IRS NUMBER:				956874587
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0228

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-68239
		FILM NUMBER:		06649918

	BUSINESS ADDRESS:	
		STREET 1:		ING PRIME RATE TRUST
		STREET 2:		7337 E. DOUBLETREE RANCH ROAD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258
		BUSINESS PHONE:		4804773000

	MAIL ADDRESS:	
		STREET 1:		ING PRIME RATE TRUST
		STREET 2:		7337 E. DOUBLETREE RANCH ROAD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PILGRIM AMERICA PRIME RATE TRUST
		DATE OF NAME CHANGE:	19960518

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PILGRIM PRIME RATE TRUST/
		DATE OF NAME CHANGE:	19960518

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PILGRIM PRIME RATE TRUST
		DATE OF NAME CHANGE:	19920703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ING MAYFLOWER TRUST
		CENTRAL INDEX KEY:			0000911294
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	033-67852
		FILM NUMBER:		06649920

	BUSINESS ADDRESS:	
		STREET 1:		ING PILGRIM FUNDS
		STREET 2:		7337 E. DOUBLETREE RANCH ROAD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258
		BUSINESS PHONE:		800-992-0180

	MAIL ADDRESS:	
		STREET 1:		ING PILGRIM FUNDS
		STREET 2:		7337 E. DOUBLETREE RANCH ROAD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PILGRIM MAYFLOWER TRUST
		DATE OF NAME CHANGE:	19991029

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NORTHSTAR TRUST
		DATE OF NAME CHANGE:	19981209

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NORTHSTAR ADVANTAGE TRUST
		DATE OF NAME CHANGE:	19950620

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ING MUTUAL FUNDS
		CENTRAL INDEX KEY:			0000895430
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	033-56094
		FILM NUMBER:		06649919

	BUSINESS ADDRESS:	
		STREET 1:		7337 E DOUBLETREE RANCH ROAD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258
		BUSINESS PHONE:		18009920180

	MAIL ADDRESS:	
		STREET 1:		7337 E DOUBLETREE RANCH ROAD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PILGRIM MUTUAL FUNDS
		DATE OF NAME CHANGE:	19990526

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NICHOLAS APPLEGATE MUTUAL FUNDS
		DATE OF NAME CHANGE:	19930328

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ING INVESTMENT FUNDS INC
		CENTRAL INDEX KEY:			0000061448
		IRS NUMBER:				136066974
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	002-34552
		FILM NUMBER:		06649921

	BUSINESS ADDRESS:	
		STREET 1:		7337 E DOUBLETREE RANCH ROAD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258
		BUSINESS PHONE:		18009920180

	MAIL ADDRESS:	
		STREET 1:		7337 E DOUBLETREE RANCH ROAD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PILGRIM INVESTMENT FUNDS INC/MD
		DATE OF NAME CHANGE:	19981113

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PILGRIM INVESTMENT FUNDS INC
		DATE OF NAME CHANGE:	19950503

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PILGRIM MAGNACAP FUND INC
		DATE OF NAME CHANGE:	19920703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ING FUNDS TRUST
		CENTRAL INDEX KEY:			0001066602
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-59745
		FILM NUMBER:		06649923

	BUSINESS ADDRESS:	
		STREET 1:		7337 E. DOUBLETREE RANCH ROAD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258
		BUSINESS PHONE:		800-992-0180

	MAIL ADDRESS:	
		STREET 1:		7337 E. DOUBLETREE RANCH ROAD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PILGRIM FUNDS TRUST
		DATE OF NAME CHANGE:	20010312

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ING FUNDS TRUST
		DATE OF NAME CHANGE:	19980721

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ING PARTNERS INC
		CENTRAL INDEX KEY:			0001039001
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-32575
		FILM NUMBER:		06649911

	BUSINESS ADDRESS:	
		STREET 1:		151 FARMINGTON AVENUE
		CITY:			HARTFORD
		STATE:			CT
		ZIP:			06156-8962
		BUSINESS PHONE:		8602731409

	MAIL ADDRESS:	
		STREET 1:		161 FARMINGTON AVENUE
		CITY:			HARTFORD
		STATE:			CT
		ZIP:			06156-8962

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PORTFOLIO PARTNERS INC
		DATE OF NAME CHANGE:	19970512

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ING VARIABLE PRODUCTS TRUST
		CENTRAL INDEX KEY:			0000916403
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	033-73140
		FILM NUMBER:		06649915

	BUSINESS ADDRESS:	
		STREET 1:		ING PILGRIM FUNDS
		STREET 2:		7337 E. DOUBLETREE RANCH ROAD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258
		BUSINESS PHONE:		800-992-0180

	MAIL ADDRESS:	
		STREET 1:		ING PILGRIM FUNDS
		STREET 2:		7337 E. DOUBLETREE RANCH ROAD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PILGRIM VARIABLE PRODUCTS TRUST
		DATE OF NAME CHANGE:	20020405

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ING VARIABLE PRODUCTS TRUST
		DATE OF NAME CHANGE:	20020320

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PILGRIM VARIABLE PRODUCTS TRUST
		DATE OF NAME CHANGE:	20000830

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ING EQUITY TRUST
		CENTRAL INDEX KEY:			0001063946
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-56881
		FILM NUMBER:		06649922

	BUSINESS ADDRESS:	
		STREET 1:		ING FUNDS
		STREET 2:		7337 E. DOUBLETREE RANCH ROAD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258
		BUSINESS PHONE:		800-992-0180

	MAIL ADDRESS:	
		STREET 1:		ING FUNDS
		STREET 2:		7337 E. DOUBLETREE RANCH ROAD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PILGRIM EQUITY TRUST
		DATE OF NAME CHANGE:	19991029

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NORTHSTAR EQUITY TRUST
		DATE OF NAME CHANGE:	19980612

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ING SENIOR INCOME FUND
		CENTRAL INDEX KEY:			0001124959
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-54910
		FILM NUMBER:		06649917

	BUSINESS ADDRESS:	
		STREET 1:		ING SENIOR INCOME FUND
		STREET 2:		7337 E. DOUBLETREE RANCH ROAD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258
		BUSINESS PHONE:		4804773000

	MAIL ADDRESS:	
		STREET 1:		ING SENIOR INCOME FUND
		STREET 2:		7337 E. DOUBLETREE RANCH ROAD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PILGRIM SENIOR INCOME FUND
		DATE OF NAME CHANGE:	20010316
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<EXISTING-SERIES-AND-CLASSES-CONTRACTS>
<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000008372
<SERIES-NAME>ING Convertible Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022918
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>NIGAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022919
<CLASS-CONTRACT-NAME>Class B
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<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000008373
<SERIES-NAME>ING Principal Protection Fund V
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022922
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>VPAX
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<CLASS-CONTRACT>
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<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000008374
<SERIES-NAME>ING Principal Protection Fund VI
<CLASS-CONTRACT>
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<CLASS-CONTRACT-NAME>Class Q
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<CLASS-CONTRACT>
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<CLASS-CONTRACT-NAME>Class B
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<CLASS-CONTRACT-ID>C000022928
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>VIPCX
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<SERIES>
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<SERIES-ID>S000008376
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<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>IAIIX
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<SERIES>
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<SERIES-ID>S000008377
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<CLASS-CONTRACT-TICKER-SYMBOL>IXSAX
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<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022936
<CLASS-CONTRACT-NAME>Class B
<CLASS-CONTRACT-TICKER-SYMBOL>IXSBX
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<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022937
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>IXSCX
</CLASS-CONTRACT>
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<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000008378
<SERIES-NAME>ING Principal Protection Fund X
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022938
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>IPXAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022939
<CLASS-CONTRACT-NAME>Class B
<CLASS-CONTRACT-TICKER-SYMBOL>IPXBX
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<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022940
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>IPXCX
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<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000008379
<SERIES-NAME>ING Principal Protection Fund XI
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022941
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>IXIAX
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<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022942
<CLASS-CONTRACT-NAME>Class B
<CLASS-CONTRACT-TICKER-SYMBOL>IXIBX
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<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022943
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>IXICX
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<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000008380
<SERIES-NAME>ING Principal Protection Fund XII
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022944
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>AXIIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022945
<CLASS-CONTRACT-NAME>Class B
<CLASS-CONTRACT-TICKER-SYMBOL>BXIIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022946
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>CXIIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000008381
<SERIES-NAME>ING Real Estate Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022947
<CLASS-CONTRACT-NAME>Class Q
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022948
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>CLARX
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<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022949
<CLASS-CONTRACT-NAME>Class B
<CLASS-CONTRACT-TICKER-SYMBOL>CRBCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022950
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>CRCRX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022951
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>CRARX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000028635
<CLASS-CONTRACT-NAME>O
<CLASS-CONTRACT-TICKER-SYMBOL>IDROX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000008382
<SERIES-NAME>ING SmallCap Opportunities Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022952
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>NSPAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022953
<CLASS-CONTRACT-NAME>Class B
<CLASS-CONTRACT-TICKER-SYMBOL>NSPBX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022954
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>NSPCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022955
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>NSPIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000028636
<CLASS-CONTRACT-NAME>Q
<CLASS-CONTRACT-TICKER-SYMBOL>NSPQX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000008383
<SERIES-NAME>ING LargeCap Growth Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022956
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>NLCAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022957
<CLASS-CONTRACT-NAME>Class B
<CLASS-CONTRACT-TICKER-SYMBOL>NLCBX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022958
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>NLCCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022959
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>PLCIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022960
<CLASS-CONTRACT-NAME>Class Q
<CLASS-CONTRACT-TICKER-SYMBOL>NLCQX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000008384
<SERIES-NAME>ING SmallCap Value Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022961
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>IVSAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022962
<CLASS-CONTRACT-NAME>Class B
<CLASS-CONTRACT-TICKER-SYMBOL>IVSBX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022963
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>IVSCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022964
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>IVSIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022965
<CLASS-CONTRACT-NAME>Class Q
<CLASS-CONTRACT-TICKER-SYMBOL>IVSQX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000008385
<SERIES-NAME>ING MidCap Opportunities Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022966
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>NMCAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022967
<CLASS-CONTRACT-NAME>Class B
<CLASS-CONTRACT-TICKER-SYMBOL>NMCBX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022968
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>NMCCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022969
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>NMCIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022970
<CLASS-CONTRACT-NAME>Class Q
<CLASS-CONTRACT-TICKER-SYMBOL>NMCQX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000008386
<SERIES-NAME>ING MidCap Value Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022971
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>IMVAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022972
<CLASS-CONTRACT-NAME>Class B
<CLASS-CONTRACT-TICKER-SYMBOL>IMVBX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022973
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>IMVCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022974
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>IMVIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000027100
<CLASS-CONTRACT-NAME>Q
<CLASS-CONTRACT-TICKER-SYMBOL>IMVQX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000008387
<SERIES-NAME>ING MidCap Value Choice Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022975
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>PAVAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022976
<CLASS-CONTRACT-NAME>Class B
<CLASS-CONTRACT-TICKER-SYMBOL>PAVBX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022977
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>PAVCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022978
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>PAVIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000008388
<SERIES-NAME>ING Principal Protection Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022979
<CLASS-CONTRACT-NAME>Class Q
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022980
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>NPPAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022981
<CLASS-CONTRACT-NAME>Class B
<CLASS-CONTRACT-TICKER-SYMBOL>NPPBX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022982
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>NPPCX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000008389
<SERIES-NAME>ING Principal Protection Fund II
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022983
<CLASS-CONTRACT-NAME>Class Q
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022984
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>PIIAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022985
<CLASS-CONTRACT-NAME>Class B
<CLASS-CONTRACT-TICKER-SYMBOL>PIIBX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022986
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>PICIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000008390
<SERIES-NAME>ING Principal Protection Fund III
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022987
<CLASS-CONTRACT-NAME>Class Q
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022988
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>IIIAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022989
<CLASS-CONTRACT-NAME>Class B
<CLASS-CONTRACT-TICKER-SYMBOL>IIIBX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022990
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>IIICX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000008391
<SERIES-NAME>ING Principal Protection Fund IV
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022991
<CLASS-CONTRACT-NAME>Class Q
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022992
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>IVPAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022993
<CLASS-CONTRACT-NAME>Class B
<CLASS-CONTRACT-TICKER-SYMBOL>IVPBX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022994
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>IVPCX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000009777
<SERIES-NAME>ING Disciplined LargeCap Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000026865
<CLASS-CONTRACT-NAME>A
<CLASS-CONTRACT-TICKER-SYMBOL>NREIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000026866
<CLASS-CONTRACT-NAME>B
<CLASS-CONTRACT-TICKER-SYMBOL>NBEIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000026867
<CLASS-CONTRACT-NAME>C
<CLASS-CONTRACT-TICKER-SYMBOL>NEICX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000026868
<CLASS-CONTRACT-NAME>I
<CLASS-CONTRACT-TICKER-SYMBOL>NEIIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000009783
<SERIES-NAME>ING Financial Services Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000026906
<CLASS-CONTRACT-NAME>A
<CLASS-CONTRACT-TICKER-SYMBOL>PBTAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000026907
<CLASS-CONTRACT-NAME>B
<CLASS-CONTRACT-TICKER-SYMBOL>PBTBX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000026908
<CLASS-CONTRACT-NAME>C
<CLASS-CONTRACT-TICKER-SYMBOL>PBCCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000028634
<CLASS-CONTRACT-NAME>O
<CLASS-CONTRACT-TICKER-SYMBOL>IDFOX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000009803
<SERIES-NAME>ING SmallCap Value Choice Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000027080
<CLASS-CONTRACT-NAME>A
<CLASS-CONTRACT-TICKER-SYMBOL>SAAAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000027081
<CLASS-CONTRACT-NAME>B
<CLASS-CONTRACT-TICKER-SYMBOL>SAABX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000027082
<CLASS-CONTRACT-NAME>C
<CLASS-CONTRACT-TICKER-SYMBOL>SAACX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000027083
<CLASS-CONTRACT-NAME>I
<CLASS-CONTRACT-TICKER-SYMBOL>SAIIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000009804
<SERIES-NAME>ING Opportunistic LargeCap Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000027084
<CLASS-CONTRACT-NAME>A
<CLASS-CONTRACT-TICKER-SYMBOL>IOLAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000027085
<CLASS-CONTRACT-NAME>B
<CLASS-CONTRACT-TICKER-SYMBOL>IOLBX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000027086
<CLASS-CONTRACT-NAME>C
<CLASS-CONTRACT-TICKER-SYMBOL>ILCPX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000027087
<CLASS-CONTRACT-NAME>I
<CLASS-CONTRACT-TICKER-SYMBOL>ILIPX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000009806
<SERIES-NAME>ING Fundamental Research Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000027092
<CLASS-CONTRACT-NAME>A
<CLASS-CONTRACT-TICKER-SYMBOL>IFRAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000027093
<CLASS-CONTRACT-NAME>B
<CLASS-CONTRACT-TICKER-SYMBOL>IFRBX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000027094
<CLASS-CONTRACT-NAME>C
<CLASS-CONTRACT-TICKER-SYMBOL>IFRCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000027095
<CLASS-CONTRACT-NAME>I
<CLASS-CONTRACT-TICKER-SYMBOL>IFRIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000009808
<SERIES-NAME>ING LargeCap Value Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000027101
<CLASS-CONTRACT-NAME>A
<CLASS-CONTRACT-TICKER-SYMBOL>IVLAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000027102
<CLASS-CONTRACT-NAME>B
<CLASS-CONTRACT-TICKER-SYMBOL>IVLBX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000027103
<CLASS-CONTRACT-NAME>C
<CLASS-CONTRACT-TICKER-SYMBOL>IVLCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000027104
<CLASS-CONTRACT-NAME>I
<CLASS-CONTRACT-TICKER-SYMBOL>IVLIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000011296
<SERIES-NAME>ING Equity and Bond Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000031115
<CLASS-CONTRACT-NAME>A
<CLASS-CONTRACT-TICKER-SYMBOL>NABGX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000031116
<CLASS-CONTRACT-NAME>B
<CLASS-CONTRACT-TICKER-SYMBOL>NABBX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000031117
<CLASS-CONTRACT-NAME>C
<CLASS-CONTRACT-TICKER-SYMBOL>NABCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000031118
<CLASS-CONTRACT-NAME>Q
<CLASS-CONTRACT-TICKER-SYMBOL>NABQX
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<FILENAME>p71908de497.txt
<DESCRIPTION>497
<TEXT>
<PAGE>


                       SUPPLEMENT DATED FEBRUARY 24, 2006
        TO THE CURRENT STATEMENTS OF ADDITIONAL INFORMATION ("SAIS") FOR
  ING EQUITY TRUST, ING FUNDS TRUST, ING INVESTMENT FUNDS, INC., ING INVESTORS
   TRUST, ING MAYFLOWER TRUST, ING MUTUAL FUNDS, ING PARTNERS, INC., ING PRIME
      RATE TRUST, ING SENIOR INCOME FUND, ING VARIABLE INSURANCE TRUST, ING
    VARIABLE PRODUCTS TRUST, ING VP NATURAL RESOURCES TRUST AND USLICO SERIES
                            FUND (THE "REGISTRANTS")

Effective January 18, 2006, Mses. Patricia W. Chadwick and Sheryl K. Pressler
have been appointed to the Boards of Directors/Trustees of the ING Funds. The
SAIs for the Registrants are hereby supplemented with the following information:

1.    The table of Directors/Trustees in the "Management of the Trust/ING
      Funds/Fund - Directors/Trustees" section for all of the above Registrants,
      except ING Investors Trust and ING Prime Rate Trust, is hereby amended to
      include the following information:

<Table>
<Caption>
<S>                          <C>       <C>            <C>                               <C>   <C>
PATRICIA W. CHADWICK (7)     Director/ January 2006 - Consultant and President of self- 173   None
7337 E. Doubletree Ranch Rd. Trustee   Present        owned company, Ravengate
Scottsdale, Arizona 85258                             Partners LLC (January 2000 -
Age:  57                                              Present).
</Table>

<TABLE>
<CAPTION>
<S>                          <C>       <C>            <C>                               <C>   <C>
SHERYL K. PRESSLER (7)       Director/ January 2006 - Consultant (May 2001-Present),    173   Stillwater Mining Company (May 2002 -
7337 E. Doubletree Ranch Rd. Trustee   Present        Chief Executive Officer, Lend           Present); Nuevo Energy (May 2002 -
Scottsdale, Arizona 85258                             Lease Real Estate Investments,          May 2004); Advanced Portfolio
Age:  55                                              Inc. (March 2000 - April 2001)          Management (September 2002 -
                                                      and Chief Investment Officer,           Present); California HealthCare
                                                      California Public Employees'            Foundation (June 1999 - Present);
                                                      Retirement System (April 1994 -         Romanian-American Enterprise Fund
                                                      February 2000).                         (February 2004 - Present); and
                                                                                              Robert A. Toigo Foundation (January
                                                                                              1997 - December 2002).

</Table>

(7) Commenced services as Director/Trustee on January 18, 2006.

2.    The table of Trustees in the section entitled "Management of the Trust -
      Information About The Trustees" for ING Investors Trust is hereby amended
      to include the following information:

<Table>
<Caption>
<S>                          <C>       <C>            <C>                               <C>   <C>
PATRICIA W. CHADWICK (9)     Trustee   January 2006 - Consultant and President of self- 173   None
7337 E. Doubletree Ranch Rd.           Present        owned company, Ravengate
Scottsdale, Arizona 85258                             Partners LLC (January 2000 -
Age:  57                                              Present).
</TABLE>


<TABLE>
<Caption>
<S>                          <C>       <C>            <C>                              <C>    <C>
SHERYL K. PRESSLER (9)       Trustee   January 2006 - Consultant (May 2001 - Present), 173    Stillwater Mining Company (May 2002 -
7337 E. Doubletree Ranch Rd.           Present        Chief Executive Officer, Lend           Present); Nuevo Energy (May 2002 -
Scottsdale, Arizona 85258                             Lease Real Estate Investments,          May 2004); Advanced Portfolio
Age:  555                                             Inc. (March 2000 - April 2001)          Management (September 2002 -
                                                      and Chief Investment Officer,           Present); California HealthCare
                                                      California Public Employees'            Foundation (June 1999 - Present);
                                                      Retirement System (April 1994 -         Romanian-American Enterprise Fund
                                                      February 2000).                         (February 2004 - Present); and
                                                                                              Robert A. Toigo Foundation (January
                                                                                              1997 - December 2002).
</TABLE>



(9)  Commenced services as Trustee on January 18, 2006.

<PAGE>

3.    The table of Trustees in the section entitled "Management of the Trust"
      beginning on page 12 for ING Prime Rate Trust is hereby amended to include
      the following information:

<TABLE>
<CAPTION>
<S>                          <C>        <C>              <C>                              <C>   <C>
PATRICIA W. CHADWICK (4)     Trustee    January 2006 -   Consultant and President of      173   None
7337 E. Doubletree Ranch Rd.            Present          self-owned company, Ravengate
Scottsdale, Arizona 85258                                Partners LLC (January 2000 -
Age:  57                                                 Present).

<S>                          <C>        <C>              <C>                              <C>  <C>
SHERYL K. PRESSLER (4)       Trustee    January 2006 -   Consultant (May 2001 -           173  Stillwater Mining Company (May 2002 -
7337 E. Doubletree Ranch Rd.            Present          Present), Chief Executive             Present); Nuevo Energy (May 2002 -
Scottsdale, Arizona 85258                                Officer, Lend Lease Real              May 2004); Advanced Portfolio
Age:  55                                                 Estate Investments, Inc.              Management (September 2002 -
                                                         (March 2000 - April 2001) and         Present); California HealthCare
                                                         Chief Investment Officer,             Foundation (June 1999 - Present);
                                                         California Public Employees'          Romanian-American Enterprise Fund
                                                         Retirement System (April 1994         (February 2004 - Present); and Robert
                                                         - February 2000).                     A. Toigo Foundation (January 1997 -
                                                                                               December 2002).
</Table>

(4)  Commenced services as Trustee on January 18, 2006.

Effective January 18, 2006, Mses. Patricia W. Chadwick and Sheryl K. Pressler
have been appointed to the Boards of Directors/Trustees of the ING Funds.  At
the present time, Mses. Chadwick and Pressler do not beneficially own any
funds in the ING Family of Funds.

4.    The table of Directors/Trustees in the section entitled "Independent
      Director/Trustee Ownership of Securities/Ownership of Shares" is hereby
      amended to include the following information:

<Table>
<Caption>
<S>                 <C>       <C>         <C>          <C>         <C>
Patricia W.         N/A       N/A         N/A          $0          N/A
Chadwick (3)

<S>                 <C>       <C>         <C>          <C>         <C>
Sheryl K.           N/A       N/A         N/A          $0          N/A
Pressler (3)
</Table>

(3)  Commenced services as Trustee on January 18, 2006.







              PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
