ING (L) RENTA FUND - ING Investment Management, Asia Pacific

ING (L) RENTA FUND Semi-annual report and unaudited financial statements
(Report dedicated for the Singapore market)
for the period ended September 30, 2010
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Securities portfolio as at 30/09/2010
Quantity/
Nominal
ING (L) Renta Fund - Euro Long Duration
(Denominated in EUR)
Transferable securities and money market instruments listed on
an official stock exchange
Italy
Name
Currency
Bonds and other debt instruments
Market value
in EUR
400,000 ASSICURAZIONI 5.125% 09-16/09/2024 EUR 430,548.00 0.13
200,000 ENEL (ENTNZENEL) 5.625% 07-21/06/2027 EUR 226,175.99 0.07
200,000 INFRASTRUTTURE 5.125% 04-31/07/2024 EUR 211,468.00 0.06
7,481,000 ITALY BTPS 4% 05-01/02/2037 EUR 6,785,865.48 2.06
7,700,000 ITALY BTPS 5% 03-01/08/2034 EUR 8,037,645.77 2.44
4,299,000 ITALY BTPS 5% 09-01/09/2040 EUR 4,471,605.15 1.36
11,943,000 ITALY BTPS 5.25% 98-01/11/2029 EUR 12,922,086.90 3.92
4,016,000 ITALY BTPS 5.75% 02-01/02/2033 EUR 4,587,316.08 1.39
11,198,000 ITALY BTPS 6.5% 97-01/11/2027 EUR 13,780,146.60 4.18
11,246,000 ITALY BTPS 7.25% 97-01/11/2026 EUR 14,744,742.16 4.49
6,183,000 ITALY 5% 07-01/08/2039 BTPS EUR 6,458,453.21 1.96
France
72,656,053.34 22.06
200,000 AUTOROUTES DU SUD 5.625% 07-
04/07/2022
EUR 233,516.01 0.07
670,000 CAISSE NAT D AUTO 3.75% 05-15/07/2025 EUR 707,519.99 0.21
325,000 CIE FIN FONCIER 3.875% 06-25/04/2055 EUR 311,707.51 0.09
2,383,000 CIE FIN FONCIER 4.875% 09-25/05/2021 EUR 2,715,666.97 0.82
200,000 COFIROUTE 5% 06-24/05/2021 EUR 222,390.01 0.07
3,740,000 DEXIA MUNI AGNCY 5.375% 09-08/07/2024 EUR 4,444,092.25 1.35
1,700,000 ELEC DE FRANCE 4.625% 09-11/09/2024 EUR 1,862,774.95 0.57
2,450,000 ELEC DE FRANCE 4.625% 10-26/04/2030 EUR 2,564,831.40 0.78
1,523,000 ELEC DE FRANCE 5.625% 03-21/02/2033 EUR 1,851,511.10 0.56
5,092,000 FRANCE O.A.T. 4% 05-25/04/2055 EUR 5,980,146.69 1.82
8,475,000 FRANCE O.A.T. 4% 06-25/10/2038 EUR 9,667,601.92 2.95
4,990,000 FRANCE O.A.T. 4.25% 07-25/10/2023 EUR 5,714,148.85 1.74
3,240,000 FRANCE O.A.T. 4.5% 09-25/04/2041 EUR 4,011,800.37 1.22
6,489,000 FRANCE O.A.T. 4.75% 04-25/04/2035 EUR 8,140,320.59 2.47
7,208,000 FRANCE O.A.T. 5.5% 98-25/04/2029 EUR 9,556,438.05 2.90
2,787,000 FRANCE O.A.T. 6% 94-25/10/2025 EUR 3,799,071.04 1.15
990,000 FRANCE TELECOM 8.125% 03-28/01/2033 EUR 1,485,128.70 0.45
300,000 GIE SUEZ ALLIANC 5.75% 03-24/06/2023 EUR 354,932.99 0.11
800,000 RESEAU FERRE FRANCE 4.375% 06-
02/06/2022
EUR 903,656.01 0.27
1,710,000 RESEAU FERRE FRANCE 5% 03-10/10/2033 EUR 2,122,075.80 0.64
200,000 VEOLIA ENVRNMT 4.375% 05-11/12/2020 EUR 212,244.00 0.06
1,582,000 VEOLIA ENVRNMT 5.125% 07-24/05/2022 EUR 1,776,759.97 0.54
Germany
68,638,335.17 20.84
1,019,000 DEUTSCHLAND REP 3.25% 10-04/07/2042 EUR 1,100,968.42 0.33
8,082,000 DEUTSCHLAND REP 4% 05-04/01/2037 EUR 9,699,853.95 2.95
4,730,000 DEUTSCHLAND REP 4.25% 07-04/07/2039 EUR 5,999,106.73 1.82
5,672,000 DEUTSCHLAND REP 4.75% 03-04/07/2034 EUR 7,452,497.86 2.26
1,616,000 DEUTSCHLAND REP 4.75% 08-04/07/2040 EUR 2,215,503.79 0.67
4,720,000 DEUTSCHLAND REP 4.75% 98-04/07/2028 EUR 5,968,581.74 1.81
1,930,000 DEUTSCHLAND REP 5.5% 00-04/01/2031 EUR 2,695,032.85 0.82
4,090,000 DEUTSCHLAND REP 6.25% 00-04/01/2030 EUR 6,139,948.98 1.86
3,452,000 DEUTSCHLAND REP 6.25% 94-04/01/2024 EUR 4,886,375.11 1.48
8,031,000 DEUTSCHLAND REP 6.5% 97-04/07/2027 EUR 12,020,318.62 3.66
200,000 KFW 3.5% 06-04/07/2021 EUR 214,287.99 0.07
Spain
58,392,476.04 17.73
400,000 AYT CEDULAS CAJA 3.75% 05-30/06/2025 EUR 292,952.00 0.09
400,000 AYT CEDULAS CAJA 4% 06-24/03/2021 EUR 335,816.01 0.10
The accompanying notes form an integral part of these financial statements.
%
NAV
Quantity/
Nominal
Name
Currency
Market value
in EUR
%
NAV
1,000,000 AYT CEDULAS CAJA 4.75% 07-25/05/2027 EUR 812,610.02 0.25
700,000 BANCO SANTANDER 4.625% 07-04/05/2027 EUR 692,608.00 0.21
400,000 CEDULAS TDA 6 3.875% 05-23/05/2025 EUR 295,008.00 0.09
400,000 LA CAIXA 3.625% 06-18/01/2021 EUR 364,044.01 0.11
6,932,000 SPANISH GOVT 4.2% 05-31/01/2037 EUR 6,202,406.86 1.89
2,012,000 SPANISH GOVT 4.7% 09-30/07/2041 EUR 1,924,558.46 0.58
6,588,000 SPANISH GOVT 4.8% 08-31/01/2024 EUR 6,852,969.56 2.09
3,676,000 SPANISH GOVT 4.9% 07-30/07/2040 EUR 3,667,030.45 1.11
4,483,000 SPANISH GOVT 6% 98-31/01/2029 EUR 5,151,639.49 1.56
Netherlands
26,591,642.86 8.08
100,000 HIT FINANCE BV 4.875% 06-27/10/2021 EUR 93,500.00 0.03
1,350,000 KPN NV 5.625% 09-30/09/2024 EUR 1,544,116.47 0.47
1,190,000 NETHERLANDS GOVT 3.75% 10-15/01/2042 EUR 1,376,187.45 0.42
2,359,000 NETHERLANDS GOVT 4% 05-15/01/2037 EUR 2,805,440.82 0.85
470,000 NETHERLANDS GOVT 4% 09-15/07/2019 EUR 529,643.05 0.16
5,907,000 NETHERLANDS GOVT 5.5% 98-15/01/2028 EUR 8,001,385.57 2.42
1,000,000 RABOBANK 4.75% 07-06/06/2022 EUR 1,109,739.99 0.34
1,300,000 TENNET BV 4.5% 10-09/02/2022 EUR 1,435,941.01 0.44
Supranational - Multinational
16,895,954.36 5.13
1,176,000 EUROPEAN INVT BK 4% 05-15/10/2037 EUR 1,310,510.92 0.40
4,420,000 EUROPEAN INVT BK 4% 10-15/04/2030 EUR 4,885,337.95 1.48
2,240,000 EUROPEAN INVT BK 4.125% 07-15/04/2024 EUR 2,509,113.42 0.76
4,913,000 EUROPEAN INVT BK 4.5% 09-15/10/2025 EUR 5,741,086.30 1.75
Belgium
14,446,048.59 4.39
900,000 BELGIAN 320 4.25% 10-28/03/2041 EUR 989,162.98 0.30
3,373,000 BELGIUM OLO 5% 04-28/03/2035 EUR 4,125,786.41 1.25
7,208,000 BELGIUM OLO 5.5% 98-28/03/2028 EUR 9,110,119.12 2.77
Austria
14,225,068.51 4.32
1,200,000 OEBB INFRASTRUKT 4.875% 07-27/06/2022 EUR 1,401,216.06 0.43
1,920,000 REP OF AUSTRIA 4.15% 07-15/03/2037 EUR 2,191,948.97 0.67
5,499,000 REP OF AUSTRIA 4.85% 09-15/03/2026 EUR 6,642,462.01 2.01
863,000 REP OF AUSTRIA 6.25% 97-15/07/2027 EUR 1,207,906.61 0.37
Portugal
11,443,533.65 3.48
1,924,000 PORTUGUESE OTS 4.1% 06-15/04/2037 EUR 1,386,415.12 0.42
3,666,000 PORTUGUESE OTS 4.95% 08-25/10/2023 EUR 3,224,357.09 0.98
Ireland
4,610,772.21 1.40
600,000 GE CAP EUR FUND 4.35% 06-03/11/2021 EUR 607,505.95 0.18
500,000 GE CAP EUR FUND 6.025% 08-01/03/2038 EUR 606,779.98 0.18
300,000 GERMAN POST PENS 3.75% 05-18/01/2021 EUR 315,621.00 0.10
3,086,000 IRISH GOVT 5.4% 09-13/03/2025 EUR 2,702,101.54 0.83
United Kingdom
4,232,008.47 1.29
300,000 ABBEY NATL TREAS 4.25% 06-12/04/2021 EUR 305,571.02 0.09
950,000 BAT INTL FINANCE 4.875% 09-24/02/2021 EUR 1,063,382.48 0.32
700,000 HBOS TSY SRVCS 4.75% 07-08/06/2022 EUR 743,939.00 0.23
1,100,000 HSBC BANK PLC 4% 10-15/01/2021 EUR 1,146,475.07 0.35
United States
3,259,367.57 0.99
120,000 CITIGROUP INC 05-25/02/2030 SR EUR 98,400.00 0.03
54 ING INVESTMENT MANAGEMENT