ING Index Plus LargeCap Fund seeks approval for reorganization

By Toni Weeks

San Diego, March 30 - The board of directors of ING Series Fund, Inc. approved on March 22 a proposal to reorganize the ING Index Plus LargeCap Fund into the ING Corporate Leaders 100 Fund, according to a 497 filing with the Securities and Exchange Commission.

The reorganization is subject to shareholder approval at a meeting on June 28.

If approved, the reorganization will take place on July 21. Any contingent deferred sales charge that would normally apply to a redemption of shares of the ING Index Plus LargeCap Fund or to a redemption of shares of the ING Corporate Leaders 100 Fund that were acquired as a result of the reorganization will be waived from March 30 until 30 days following the closing date.

Scottsdale, Ariz.-based ING Investments, LLC is the investment adviser to the funds.

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