-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 3VQFDvlkWpPcWfJA3DE91g==

<SEC-DOCUMENT>0001047469-06-008305.txt : 20060612
<SEC-HEADER>0001047469-06-008305.hdr.sgml : 20060612
<ACCEPTANCE-DATETIME>20060612162856
ACCESSION NUMBER:		0001047469-06-008305
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20060612
DATE AS OF CHANGE:		20060612
EFFECTIVENESS DATE:		20060612

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:		06900175

	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 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:		06900171

	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 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:		06900173

	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 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:		06900174

	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 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:		06900170

	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 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:		06900176

	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 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:		06900172

	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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<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022933
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<CLASS-CONTRACT-ID>C000022934
<CLASS-CONTRACT-NAME>Class C
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</SERIES>
<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000008377
<SERIES-NAME>ING Principal Protection Fund IX
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<CLASS-CONTRACT-NAME>Class A
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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
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</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
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<CLASS-CONTRACT-NAME>Class A
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<CLASS-CONTRACT-NAME>Class B
<CLASS-CONTRACT-TICKER-SYMBOL>IXIBX
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<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
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<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022945
<CLASS-CONTRACT-NAME>Class B
<CLASS-CONTRACT-TICKER-SYMBOL>BXIIX
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<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
</CLASS-CONTRACT>
<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
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<CLASS-CONTRACT-ID>C000022951
<CLASS-CONTRACT-NAME>Class I
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<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000028635
<CLASS-CONTRACT-NAME>O
<CLASS-CONTRACT-TICKER-SYMBOL>IDROX
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</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
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<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000028636
<CLASS-CONTRACT-NAME>Q
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<SERIES>
<OWNER-CIK>0001063946
<SERIES-ID>S000008383
<SERIES-NAME>ING LargeCap Growth Fund
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<CLASS-CONTRACT-NAME>Class A
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<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022957
<CLASS-CONTRACT-NAME>Class B
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<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022958
<CLASS-CONTRACT-NAME>Class C
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<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022959
<CLASS-CONTRACT-NAME>Class I
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<CLASS-CONTRACT-NAME>Class Q
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<CLASS-CONTRACT-NAME>Class A
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<CLASS-CONTRACT-NAME>Class I
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<CLASS-CONTRACT-ID>C000022965
<CLASS-CONTRACT-NAME>Class Q
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<SERIES>
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<CLASS-CONTRACT-NAME>Class A
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<CLASS-CONTRACT-NAME>Class C
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<CLASS-CONTRACT-ID>C000022969
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>NMCIX
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<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022970
<CLASS-CONTRACT-NAME>Class Q
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<SERIES>
<OWNER-CIK>0001063946
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<SERIES-NAME>ING MidCap Value Fund
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<CLASS-CONTRACT-NAME>Class A
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<CLASS-CONTRACT-NAME>Class B
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<CLASS-CONTRACT-ID>C000022973
<CLASS-CONTRACT-NAME>Class C
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<CLASS-CONTRACT-NAME>Class I
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<SERIES-NAME>ING MidCap Value Choice Fund
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<CLASS-CONTRACT-NAME>Class A
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<CLASS-CONTRACT>
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<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022977
<CLASS-CONTRACT-NAME>Class C
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<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000022978
<CLASS-CONTRACT-NAME>Class I
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<OWNER-CIK>0001063946
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<CLASS-CONTRACT-ID>C000022979
<CLASS-CONTRACT-NAME>Class Q
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<CLASS-CONTRACT-ID>C000022980
<CLASS-CONTRACT-NAME>Class A
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<CLASS-CONTRACT-NAME>Class B
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<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>a2171164z497.txt
<DESCRIPTION>497
<TEXT>
<Page>


                         SUPPLEMENT DATED JUNE 12, 2006
         TO THE CURRENT STATEMENTS OF ADDITIONAL INFORMATION ("SAI"s) OF
     THE ING EQUITY TRUST, ING FUNDS TRUST, ING INVESTMENT FUNDS, INC., ING
          MAYFLOWER TRUST, ING MUTUAL FUNDS, ING SENIOR INCOME FUND AND
                      ING PRIME RATE TRUST (THE "REGISTRANTS")

Effective May 25, 2006, Mr. Richard A. Wedemeyer retired from the Boards of
Directors/Trustees ("Boards") of the ING Funds and has been removed from the
Boards' committees.

Effective April 28, 2006, Mr. Thomas J. McInerney resigned from the Board of
the ING Funds and was removed from the Boards' committees.

Effective immediately, the third and sixth paragraphs of the section
entitled, "Dealer Commissions and Other Incentives" for all of the above
Registrants' SAIs, except ING Equity Trust, ING Funds Trust - ING Institutional
Prime Money Market Fund, ING Investment Funds, Inc., ING Prime Rate Trust and
ING Senior Income Fund are herby deleted and replaced with the following:

       Also, the Distributor will pay out of its own assets a commission of
       1.00% of the amount invested for purchases of Class A shares of less
       than $1 million by qualified retirement plans with 50 or more
       participants.

       In connection with qualified retirement plans that invest $1 million
       or more in Class A shares of the Funds, the Distributor will pay dealer
       compensation of 1.00% of the purchase price of the shares to the dealer
       from its own resources at the time of the initial investment.

Effective immediately, the third paragraph of the section entitled, "Dealer
Commissions and Other Incentives" for ING Equity Trust and ING Investment
Funds, Inc. is herby deleted and replaced with the following:

       Also, the Distributor will pay out of its own assets a commission of
       1.00% of the amount invested for purchases of Class A shares of less
       than $1 million by qualified retirement plans with 50 or more
       participants. In connection with qualified retirement plans that invest
       $1 million or more in Class A shares of the Funds, the Distributor will
       pay dealer compensation of 1.00% of the purchase price of the shares to
       the dealer from its own resources at the time of the initial investment.



               PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE


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