-----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, K0s7tXfveNZjF6kgQN7HvSBf0MlVp4UIgs0bzxlmklf563HYacX84JRXV/G2mg2N OK3Doix8+sCVH0BY8/eD4g== 0001104659-10-058607.txt : 20101116 0001104659-10-058607.hdr.sgml : 20101116 20101116092450 ACCESSION NUMBER: 0001104659-10-058607 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20101116 DATE AS OF CHANGE: 20101116 EFFECTIVENESS DATE: 20101116 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: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-07978 FILM NUMBER: 101195180 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 Class W IIVWX DEFA14A 1 a10-21347_1defa14a.htm DEFA14A

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 14A

(Rule 14a-101)

 

INFORMATION REQUIRED IN PROXY STATEMENT

SCHEDULE 14A INFORMATION

 

Proxy Statement Pursuant to Section 14(a) of
the Securities Exchange Act of 1934 (Amendment No.     )

 

Filed by the Registrant  x

 

Filed by a Party other than the Registrant  o

 

Check the appropriate box:

o

Preliminary Proxy Statement

o

Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

o

Definitive Proxy Statement

o

Definitive Additional Materials

x

Soliciting Material Pursuant to §240.14a-12

 

ING MAYFLOWER TRUST

(Name of Registrant as Specified In Its Charter)

 

 

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

 

Payment of Filing Fee (Check the appropriate box):

x

No fee required.

o

Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.

 

(1)

Title of each class of securities to which transaction applies:

 

 

 

 

(2)

Aggregate number of securities to which transaction applies:

 

 

 

 

(3)

Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):

 

 

 

 

(4)

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(5)

Total fee paid:

 

 

 

o

Fee paid previously with preliminary materials.

o

Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

 

(1)

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(2)

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(3)

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(4)

Date Filed:

 

 

 

 


 

ING Funds Update

 

Questions & Answers

 

The foregoing is not an offer to sell, nor a solicitation of an offer to buy, shares of the fund, nor is it a solicitation of any proxy. For information regarding the fund, or to receive a free copy of a Proxy Statement relating to a proposal please call ING Funds toll free at 1-800-992-0180. The Proxy Statement (when available) will contain important information about fund objectives, strategies, fees, expenses and risk considerations. The Proxy Statement, shareholder reports and other information will also be available for free on the SEC’s website (www.sec.gov). Please read the Proxy Statement carefully before making any decision to invest or to approve any proposal.

 

Proposed ING International Value Fund Sub-Advisor Addition

 

·                  The ING Funds Board has approved the addition of del Rey Global Investors, LLC (“del Rey”) to the International Value Fund, as the third sub-adviser.

·                  The addition requires shareholder approval. If approved, we anticipate del Rey to be added to the Fund in January 2011.

 

Who is del Rey?

 

del Rey is a registered investment adviser founded by Paul Hechmer in September of 2009. Focused on international and global large cap investing, the firm has grown to manage approximately $1 billion in assets as of 9/30/10.

 

What is del Rey’s investment process?

 

·                  Invest in undervalued non-U.S. companies of over $1 billion in market capitalizations that possess strategic catalysts to improve profitability and/or unlock value

·                  Identify franchises with strong and improving fundamentals, sustainable competitive advantages and industry leading positions

·                  Limit downside by emphasizing the risk/reward of each investment

 

The diversified portfolio is driven by a bottom-up stock selection process that includes:

 

·                  Fundamental valuation metrics that include price-to-earnings, price-to-book value, price-to-sales, price-to-net present value, price-to-free cash flow, sustainable dividend yield and price to liquidation/replacement value

·                  Qualitative analysis that produces an understanding of franchise quality, management strength, corporate strategy, competitive advantage, operating leverage and catalysts such as management change, company restructuring and industry consolidation

·                  Quantitative screening based on proprietary financial valuation models

 

Officers and employees of ING Investments, its affiliates or other representatives of the fund may be soliciting proxies from shareholders in favor of the proposal discussed above and other related matters. Information concerning persons who may be considered participants in the solicitation of fund shareholders under SEC rules will be set forth in the Proxy statement to be filed with the SEC.

 

Investment Risks: All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. Foreign Investing does pose special risks including currency fluctuation, economic and political risks not found in investments that are solely domestic. Emerging Market stocks may be especially volatile. The Fund may use Derivatives, such as options and futures, which can be illiquid, may disproportionately increase losses and have a potentially large impact on Fund performance. Investing in stocks of Small- and Mid-Sized Companies may entail greater volatility and less liquidity than larger companies. Prices of Value-Oriented Securities tend to correlate more closely with economic cycles than growth-oriented securities, they generally are more sensitive to changing economic conditions. Other risks of the Fund include but are not limited to: Convertible and Debt Securities Risks; Market Trends Risks; Other Investment Companies Risks; Price Volatility Risks; Inability to Sell Securities Risks; and Securities Lending Risks. Investors should consult the Fund’s Prospectus and Statement of Additional Information for a more detailed discussion of the Fund’s risks.

 


 

An investor should consider the investment objectives, risks, charges and expenses of the Fund(s) carefully before investing. For a free copy of the Funds’ prospectus, which contains this and other information, visit us at www.ingfunds.com or call ING Funds at (800) 992-0180. Please read the prospectus carefully before investing.

 

©2010 ING Investments Distributor, LLC, 230 Park Ave, New York, NY 10169

Individual Investors (800) 992-0180 | Investment Professionals (800) 334-3444

 

For financial professional use only. Not for inspection by, distribution or quotation to the general public.

 

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