-----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, GyTRTzhtKmi+z7JmtB8yrTxd3ZbOyhNiUKnlas5Ogu2AO8ePyEW6+m8RqjQdI9Fl 3f8N1xzifZw4YB1gMoC9dw== 0001104659-09-055902.txt : 20090923 0001104659-09-055902.hdr.sgml : 20090923 20090923124341 ACCESSION NUMBER: 0001104659-09-055902 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090731 FILED AS OF DATE: 20090923 DATE AS OF CHANGE: 20090923 EFFECTIVENESS DATE: 20090923 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: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-07978 FILM NUMBER: 091082236 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 0000911294 S000008715 ING International Value Fund C000023748 Class A NIVAX C000023749 Class B NIVBX C000023750 Class C NIVCX C000023751 Class I NIIVX C000023752 Class Q NQGVX C000078745 W N-Q 1 a09-24071_2nq.htm N-Q

OMB APPROVAL
OMB Number: 3235-0578
Expires: April 30, 2010
Estimated average burden hours per response: 10.5

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

FORM N-Q

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

 

Investment Company Act file number: 811-7978

 

ING Mayflower Trust

(Exact name of registrant as specified in charter)

 

7337 E. Doubletree Ranch Rd., Scottsdale, AZ 85258

(Address of principal executive offices)         (Zip code)

 

CT Corporation System, 101 Federal Street, Boston, MA 02110

(Name and address of agent for service)

 

Registrant’s telephone number, including area code: 1-800-992-0180

 

Date of fiscal year end:

October 31

 

 

 

 

Date of reporting period:

July 31, 2009

 

 



 

Item 1. Schedule of Investments

 

The schedules of investments as of the close of the reporting period are set forth below for:

 

ING International Value Fund

 

The schedules are not audited.

 



 

 

 

PORTFOLIO OF INVESTMENTS

ING International Value Fund

 

as of July 31, 2009 (Unaudited)

 

Shares

 

 

 

 

 

Value

COMMON STOCK: 97.2%

 

 

 

 

 

 

Bermuda: 1.1%

 

 

622,934

 

@

 

Tyco Electronics Ltd.

 

$

13,374,393

433,100

 

 

 

XL Capital, Ltd.

 

6,098,048

 

 

 

 

 

 

19,472,441

 

 

 

 

Brazil: 3.4%

 

 

1,526,200

 

 

 

Banco do Brasil SA

 

19,321,369

938,371

 

 

 

Centrais Eletricas Brasileiras SA ADR - Class A

 

14,347,693

1,940,186

 

L

 

Contax Participacoes SA ADR

 

3,201,307

555,854

 

 

 

Tele Norte Leste Participacoes SA ADR

 

8,554,593

34,858

 

L

 

Telemig Celular Participation SA ADR

 

2,160,150

220,358

 

 

 

Tim Participacoes SA ADR

 

4,852,283

298,261

 

L

 

Vivo Participacoes SA ADR

 

6,791,403

 

 

 

 

 

 

59,228,798

 

 

 

 

Canada: 2.3%

 

 

156,200

 

@

 

Agrium, Inc.

 

7,214,878

172,800

 

 

 

EnCana Corp.

 

9,268,400

498,600

 

@

 

GoldCorp, Inc.

 

18,792,234

511,000

 

 

 

Yamana Gold, Inc.

 

4,861,910

 

 

 

 

 

 

40,137,422

 

 

 

 

China: 0.5%

 

 

11,046,000

 

L

 

Huaneng Power International, Inc.

 

8,648,248

 

 

 

 

 

 

8,648,248

 

 

 

 

France: 12.1%

 

 

943,842

 

L

 

Air France-KLM

 

11,867,573

8,738,520

 

@

 

Alcatel SA

 

24,206,489

189,600

 

 

 

BNP Paribas

 

13,767,060

1,090,560

 

 

 

Carrefour SA

 

51,135,286

1,356,000

 

 

 

Credit Agricole SA

 

19,313,291

856,335

 

 

 

France Telecom SA

 

21,359,417

3,955,328

 

 

 

Natixis

 

10,266,185

666,183

 

 

 

Sanofi-Aventis

 

43,586,363

303,204

 

 

 

Total SA

 

16,815,825

 

 

 

 

 

 

212,317,489

 

 

 

 

Germany: 6.6%

 

 

133,600

 

 

 

Allianz AG

 

13,190,829

314,500

 

 

 

Bayerische Motoren Werke AG

 

14,513,017

307,000

 

 

 

Deutsche Lufthansa AG

 

4,142,824

394,000

 

 

 

Deutsche Post AG

 

6,225,700

2,333,119

 

 

 

Deutsche Telekom AG

 

29,933,344

295,997

 

 

 

E.ON AG

 

11,183,808

1,879,400

 

@, L

 

Infineon Technologies AG

 

7,698,227

222,300

 

 

 

MAN AG

 

15,344,187

172,745

 

 

 

Siemens AG

 

13,766,377

 

 

 

 

 

 

115,998,313

 

 

 

 

Greece: 0.3%

 

 

187,100

 

 

 

National Bank of Greece SA

 

5,450,295

 

 

 

 

 

 

5,450,295

 

 

 

 

Hong Kong: 2.9%

 

 

1,041,500

 

L

 

China Unicom Ltd. ADR

 

14,976,770

4,049,000

 

 

 

Hongkong Land Holdings Ltd.

 

15,755,736

1,841,000

 

 

 

Swire Pacific Ltd.

 

20,653,582

 

 

 

 

 

 

51,386,088

 

 

 

 

Italy: 3.7%

 

 

3,178,982

 

 

 

Intesa Sanpaolo S.p.A.

 

11,820,701

9,779,185

 

 

 

Telecom Italia S.p.A.

 

15,309,015

20,598,316

 

 

 

Telecom Italia S.p.A. RNC

 

23,259,207

3,769,739

 

L

 

Terna S.p.A

 

13,286,631

 

 

 

 

 

 

63,675,554

 

 

 

 

Japan: 25.1%

 

 

1,375,800

 

L

 

Aiful Corp.

 

4,455,887

701,000

 

 

 

Akita Bank Ltd.

 

2,601,461

307,400

 

 

 

Astellas Pharma, Inc.

 

11,676,783

402,300

 

 

 

Canon, Inc. ADR

 

14,893,146

902,000

 

 

 

Dai Nippon Printing Co., Ltd.

 

13,167,690

850,436

 

 

 

Daiichi Sankyo Co., Ltd.

 

15,340,217

402,700

 

 

 

Denso Corp.

 

11,816,048

804,600

 

 

 

Fuji Photo Film Co., Ltd.

 

25,870,065

2,026,700

 

 

 

Hitachi Ltd.

 

6,791,272

6,212,700

 

 

 

Mitsubishi UFJ Financial Group, Inc.

 

37,942,057

657,800

 

 

 

Mitsui Sumitomo Insurance Group Holdings, Inc.

 

16,803,016

2,743,000

 

 

 

Mitsui Trust Holdings, Inc.

 

9,517,047

6,614,700

 

 

 

Mizuho Financial Group, Inc.

 

15,207,039

6,080,000

 

 

 

NEC Corp.

 

21,226,021

518,600

 

 

 

Nippon Telegraph & Telephone Corp.

 

21,407,701

416,000

 

 

 

Ono Pharmaceutical Co., Ltd.

 

18,424,838

359,800

 

 

 

Rohm Co., Ltd.

 

26,650,454

1,029,600

 

 

 

Seven & I Holdings Co., Ltd.

 

24,120,903

1,063,000

 

 

 

Sharp Corp.

 

11,754,018

 



 

 

 

PORTFOLIO OF INVESTMENTS

ING International Value Fund

 

as of July 31, 2009 (Unaudited) (continued)

 

Shares

 

 

 

 

 

Value

 

 

 

 

Japan (continued)

 

 

1,515,700

 

 

 

Sony Corp.

 

$

42,247,196

761,900

 

 

 

Sumitomo Corp.

 

7,495,993

689,600

 

 

 

Sumitomo Mitsui Financial Group, Inc.

 

29,354,442

270,000

 

 

 

Taisho Pharmaceutical Co., Ltd.

 

5,182,491

874,700

 

L

 

Takefuji Corp.

 

4,754,086

145,800

 

 

 

TDK Corp.

 

7,626,814

548,500

 

 

 

Tokio Marine Holdings, Inc.

 

15,811,116

414,100

 

 

 

Toyota Motor Corp.

 

17,381,166

 

 

 

 

 

 

439,518,967

 

 

 

 

Mexico: 1.1%

 

 

864,465

 

 

 

Telefonos de Mexico SA de CV ADR

 

13,667,192

445,420

 

 

 

Telmex Internacional SAB de CV ADR

 

5,594,475

 

 

 

 

 

 

19,261,667

 

 

 

 

Netherlands: 6.9%

 

 

3,654,747

 

 

 

Aegon NV

 

26,732,588

256,100

 

 

 

Akzo Nobel NV

 

14,053,009

1,464,612

 

 

 

Koninklijke Ahold NV

 

16,637,642

456,600

 

 

 

Royal Dutch Shell PLC - Class A

 

11,992,867

688,503

 

 

 

Royal KPN NV

 

10,355,733

846,179

 

 

 

SNS Reaal

 

4,863,730

871,100

 

 

 

Unilever NV

 

23,740,864

648,933

 

 

 

Wolters Kluwer NV

 

12,743,153

 

 

 

 

 

 

121,119,586

 

 

 

 

New Zealand: 0.7%

 

 

6,578,835

 

 

 

Telecom Corp. of New Zealand Ltd.

 

12,173,134

 

 

 

 

 

 

12,173,134

 

 

 

 

Norway: 1.4%

 

 

2,264,100

 

 

 

Norsk Hydro ASA

 

13,308,290

374,400

 

 

 

Yara International ASA

 

11,631,743

 

 

 

 

 

 

24,940,033

 

 

 

 

Portugal: 1.4%

 

 

2,383,176

 

 

 

Portugal Telecom SGPS SA

 

24,365,280

 

 

 

 

 

 

24,365,280

 

 

 

 

Singapore: 1.2%

 

 

1,651,000

 

 

 

United Overseas Bank Ltd.

 

20,265,977

 

 

 

 

 

 

20,265,977

 

 

 

 

South Korea: 3.8%

 

 

124,000

 

 

 

Hyundai Motor Co.

 

8,881,471

458,610

 

@

 

Korea Electric Power Corp.

 

12,351,976

368,410

 

 

 

KT Corp. ADR

 

5,916,665

29,200

 

 

 

Samsung Electronics Co., Ltd.

 

17,193,152

407,600

 

@

 

Shinhan Financial Group Ltd.

 

13,712,135

51,085

 

 

 

SK Telecom Co., Ltd.

 

7,714,461

 

 

 

 

 

 

65,769,860

 

 

 

 

Spain: 1.1%

 

 

795,902

 

 

 

Telefonica SA

 

19,801,815

 

 

 

 

 

 

19,801,815

 

 

 

 

Sweden: 1.6%

 

 

804,000

 

L

 

Skanska AB

 

11,281,109

1,605,060

 

 

 

Telefonaktiebolaget LM Ericsson

 

15,802,039

 

 

 

 

 

 

27,083,148

 

 

 

 

Switzerland: 5.0%

 

 

232,200

 

 

 

Adecco SA

 

11,189,351

3,567,500

 

 

 

STMicroelectronics NV

 

27,272,320

471,310

 

 

 

Swiss Reinsurance

 

18,001,344

53,000

 

 

 

Swisscom AG

 

17,411,786

64,803

 

 

 

Zurich Financial Services AG

 

12,725,884

 

 

 

 

 

 

86,600,685

 

 

 

 

Taiwan: 0.9%

 

 

2,379,350

 

 

 

HON HAI Precision Industry Co., Ltd.

 

8,215,260

16,309,059

 

 

 

United Microelectronics Corp.

 

7,218,451

 

 

 

 

 

 

15,433,711

 

 

 

 

United Kingdom: 14.1%

 

 

782,890

 

 

 

AstraZeneca PLC

 

36,465,644

1,495,391

 

 

 

Barclays PLC

 

7,601,030

215,587

 

 

 

BP PLC ADR

 

10,787,973

1,271,900

 

 

 

British Sky Broadcasting PLC

 

11,599,937

730,464

 

 

 

Cadbury PLC

 

7,185,149

1,875,980

 

 

 

GlaxoSmithKline PLC

 

35,942,999

1,170,993

 

 

 

HSBC Holdings PLC

 

11,849,106

729,700

 

 

 

Imperial Tobacco Group PLC

 

20,823,769

13,292,426

 

 

 

ITV PLC

 

8,928,623

3,517,500

 

 

 

Kingfisher PLC

 

12,519,419

4,117,351

 

 

 

Marks & Spencer Group PLC

 

23,821,136

101,960

 

 

 

Rio Tinto PLC

 

4,246,428

13,406,949

 

 

 

Royal Bank of Scotland Group PLC

 

9,962,740

7,437,300

 

 

 

Vodafone Group PLC

 

15,291,091

4,616,631

 

 

 

WM Morrison Supermarkets PLC

 

20,734,907

198,968

 

@

 

Wolseley PLC

 

4,452,327

668,600

 

 

 

WPP PLC

 

5,156,661

 

 

 

 

 

 

247,368,939

 

 

 

 

Total Common Stock

 

 

 

 

 

 

(Cost $1,981,296,734)

 

1,700,017,450

 



 

 

 

PORTFOLIO OF INVESTMENTS

ING International Value Fund

 

as of July 31, 2009 (Unaudited) (continued)

 

Shares

 

 

 

 

 

Value

EXCHANGE-TRADED FUNDS: 0.4%

 

 

 

 

 

 

Developed Markets: 0.4%

 

 

137,900

 

 

 

iShares MSCI EAFE Index Fund

 

$

6,951,539

 

 

 

 

Total Exchange-Traded Funds

 

 

 

 

 

 

(Cost $6,123,248)

 

6,951,539

RIGHTS: 0.0%

 

 

 

 

 

 

Germany: 0.0%

 

 

1,879,398

 

L

 

Infineon Technologies AG

 

383,618

 

 

 

 

Total Rights

 

 

 

 

 

 

(Cost $-)

 

383,618

 

 

 

 

Total Long-Term Investments

 

 

 

 

 

 

(Cost $1,987,419,982)

 

1,707,352,607

SHORT-TERM INVESTMENTS: 3.9%

 

 

 

 

 

 

Affiliated Mutual Fund: 1.7%

 

 

30,584,523

 

 

 

ING Institutional Prime Money Market Fund - Class I

 

30,584,523

 

 

 

 

Total Mutual Fund

 

 

 

 

 

 

(Cost $30,584,523)

 

30,584,523

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Principal Amount

 

 

 

 

 

Value

 

 

 

 

Securities Lending Collateral(cc): 2.2%

 

 

$

38,771,927

 

 

 

Bank of New York Mellon Corp. Institutional Cash Reserves

 

$

38,531,469

 

 

 

 

Total Securities Lending Collateral

 

 

 

 

 

 

(Cost $38,771,927)

 

38,531,469

 

 

 

 

Total Short-Term Investments

 

 

 

 

 

 

(Cost $69,356,450)

 

69,115,992

 

 

 

 

Total Investments in Securities

 

 

 

 

 

 

(Cost $2,056,776,432)*

101.5%

 

$

1,776,468,599

 

 

 

 

Other Assets and Liabilities - Net

(1.5)

 

(26,895,551)

 

 

 

 

Net Assets

100.0%

 

$

1,749,573,048

 

 

 

 

 

 

 

 

 

@

 

Non-income producing security

 

 

 

 

ADR

 

American Depositary Receipt

 

 

 

 

cc

 

Securities purchased with cash collateral for securities loaned.

 

 

 

 

L

 

Loaned security, a portion or all of the security is on loan at July 31, 2009.

 

 

 

 

*

 

Cost for federal income tax purposes is $2,151,167,341.

 

 

 

 

 

 

Net unrealized depreciation consists of:

 

 

 

 

 

 

Gross Unrealized Appreciation

 

$

228,959,335

 

 

 

 

Gross Unrealized Depreciation

 

(603,658,077)

 

 

 

 

Net Unrealized Depreciation

 

$

(374,698,742)

 



 

 

 

PORTFOLIO OF INVESTMENTS

ING International Value Fund

 

as of July 31, 2009 (Unaudited) (continued)

 

 

 

Percentage of

Industry

 

Net Assets

Agriculture

 

1.2%

Airlines

 

0.9

Auto Manufacturers

 

2.3

Auto Parts & Equipment

 

0.7

Banks

 

13.1

Chemicals

 

1.9

Commercial Services

 

1.6

Computers

 

0.4

Distribution/Wholesale

 

0.7

Diversified Financial Services

 

1.3

Electric

 

3.4

Electrical Components & Equipment

 

0.4

Electronics

 

2.4

Engineering & Construction

 

0.6

Food

 

6.8

Holding Companies - Diversified

 

1.2

Home Furnishings

 

3.1

Insurance

 

6.2

Machinery - Diversified

 

0.9

Media

 

2.2

Mining

 

2.4

Miscellaneous Manufacturing

 

2.3

Office/Business Equipment

 

0.9

Oil & Gas

 

2.8

Pharmaceuticals

 

9.5

Real Estate

 

0.9

Retail

 

3.5

Semiconductors

 

4.9

Telecommunications

 

18.3

Transportation

 

0.4

Other Long-Term Investments

 

0.4

Short-Term Investments

 

3.9

Other Assets and Liabilities - Net

 

(1.5)

Net Assets

 

100.0%

 



 

 

 

PORTFOLIO OF INVESTMENTS

ING International Value Fund

 

as of July 31, 2009 (Unaudited) (continued)

 

Fair Value Measurements - Effective November 1, 2008, the Fund adopted Financial Accounting Standards Board Statement of Financial Accounting Standards No. 157 (“SFAS 157”), “Fair Value Measurements.” This new accounting statement defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles (“GAAP”), and expands disclosures about fair value measurements. The three levels of the fair value hierarchy are as follows:

 

·      Level 1 - quoted prices in active markets for identical investments

·      Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

·      Level 3 - significant unobservable inputs (including the Fund’s own assumption in determining the fair value of investments)

 

The inputs or methodology used in valuing securities are not necessarily an indication of the risk associated with investing in those securities.

 

The following is a summary of the inputs used as of July 31, 2009 in determining the Fund’s investments at fair value for purposes of SFAS 157:

 

 

 

Quoted Prices

 

Significant Other

 

Significant

 

 

 

in Active Markets

 

Observable

 

Unobservable

 

 

 

for Identical Investments

 

Inputs

 

Inputs

 

 

 

(Level 1)

 

(Level 2)+

 

(Level 3)

 

Common Stock

 

 

 

 

 

 

 

Bermuda

 

$

19,472,441

 

$

 

$

 

Brazil

 

59,228,798

 

 

 

Canada

 

40,137,422

 

 

 

China

 

 

8,648,248

 

 

France

 

 

212,317,489

 

 

Germany

 

 

115,998,313

 

 

Greece

 

 

5,450,295

 

 

Hong Kong

 

14,976,770

 

36,409,318

 

 

Italy

 

 

63,675,554

 

 

Japan

 

14,893,146

 

424,625,821

 

 

Mexico

 

19,261,667

 

 

 

Netherlands

 

 

121,119,586

 

 

New Zealand

 

 

12,173,134

 

 

Norway

 

 

24,940,033

 

 

Portugal

 

 

24,365,280

 

 

Singapore

 

 

20,265,977

 

 

South Korea

 

5,916,665

 

59,853,195

 

 

Spain

 

 

19,801,815

 

 

Sweden

 

 

27,083,148

 

 

Switzerland

 

 

86,600,685

 

 

Taiwan

 

 

15,433,711

 

 

United Kingdom

 

10,787,973

 

236,580,966

 

 

Total Common Stock

 

184,674,882

 

1,515,342,568

 

 

Exchange-Traded Funds

 

6,951,539

 

 

 

Rights

 

 

383,618

 

 

Short-Term Investments

 

30,584,523

 

38,531,469

 

 

Total

 

$

222,210,944

 

$

1,554,257,655

 

$

 

 

 

 

 

 

 

 

 

Other Financial Instruments**

 

 

 

 

 

 

 

Total

 

$

 

$

 

$

 

 

“Fair value” for purposes of SFAS 157 is different from “fair value” as used in the 1940 Act. The former generally implies market value, and can include market quotations as a source of value, and the latter refers to determinations of value in absence of available market quotations.

 

** Other financial instruments may include open forward foreign currency contracts, futures, swaps, and written options. Forward foreign currency contracts and futures are reported at their unrealized gain/loss at period end. Swaps and written options are reported at their market value at period end.

 

+ The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Fund’s investments are catagorized as Level 2 investments.

 



 

Item 2. Controls and Procedures

 

(a)

 

Based on our evaluation conducted within 90 days of the filing date, hereof, the design and operation of the registrant’s disclosure controls and procedures are effective to ensure that material information relating to the registrant is made know to the certifying officers by others within the appropriate entities, particularly during the period in which Forms N-Q are being prepared, and the registrant’s disclosure controls and procedures allow timely preparation and review of the information for the registrant’s Form N-Q and the officer certifications of such Form N-Q.

 

 

 

(b)

 

There were no significant changes in the registrant’s internal controls over financial reporting that occurred during the registrant’s last fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

 

Item 3. Exhibits

 

A separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2 under the Act (17 CFR 270.30a-2) is attached hereto as EX-99.CERT.

 



 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

(Registrant):

ING Mayflower Trust

 

 

 

 

 

 

By

 

/s/ Shaun P. Mathews

 

 

 

Shaun P. Mathews

 

 

President and Chief Executive Officer

 

 

 

Date:

 

September 23, 2009

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By

 

/s/ Shaun P. Mathews

 

 

 

Shaun P. Mathews

 

 

President and Chief Executive Officer

 

 

 

Date:

 

September 23, 2009

 

 

 

 

By

 

/s/ Todd Modic

 

 

 

Todd Modic

 

 

Senior Vice President and Chief Financial Officer

 

 

 

Date:

 

September 23, 2009

 

 


EX-99.CERT 2 a09-24071_2ex99dcert.htm EX-99.CERT

Exhibit 99.CERT

 

CERTIFICATION

 

I, Shaun P. Mathews, certify that:

 

1.              I have reviewed this report on Form N-Q of ING Mayflower Trust;

 

2.              Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.              Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

 

4.              The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

 

a)             Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

b)            Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

c)             Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

 

d)            Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5.              The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

a)             All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

 

b)            Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal controls over financial reporting.

 

Date:

 

September 23, 2009

 

/s/ Shaun P. Mathews

 

 

 

 

Shaun P. Mathews

 

 

 

 

President and Chief Executive Officer

 



 

CERTIFICATION

 

I, Todd Modic, certify that:

 

1.              I have reviewed this report on Form N-Q of ING Mayflower Trust;

 

2.              Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.              Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

 

4.              The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

 

a)             Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

b)            Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

c)             Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

 

d)            Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5.              The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

a)             All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

 

b)            Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal controls over financial reporting.

 

Date:

 

September 23, 2009

 

/s/ Todd Modic

 

 

 

 

Todd Modic

 

 

 

 

Senior Vice President and Chief Financial Officer

 


-----END PRIVACY-ENHANCED MESSAGE-----