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

Semi-annual report and unaudited financial statements
(Report dedicated for the Singapore market)
for the period ended September 30, 2010
The accompanying notes form an integral part of these financial statements.
ING INVESTMENT MANAGEMENT
ING (L) Renta Fund - Euromix Bond
(Denominated in EUR)
63
ING (L) RENTA FUND
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Securities portfolio as at 30/09/2010
Quantity/
Nominal
Transferable securities and money market instruments listed on
an official stock exchange
Italy
Bonds and other debt instruments
4,942,000 ITALY BTPS 3% 09-01/03/2012 EUR 5,022,949.61 5.20
1,750,000 ITALY BTPS 3.75% 05-01/08/2015 EUR 1,827,874.95 1.89
3,400,000 ITALY BTPS 3.75% 09-15/12/2013 EUR 3,539,467.66 3.66
4,008,000 ITALY BTPS 4.5% 04-01/02/2020 EUR 4,252,247.60 4.39
850,000 ITALY BTPS 5.25% 02-01/08/2017 EUR 954,515.98 0.99
2,640,000 ITALY BTPS 5.25% 98-01/11/2029 EUR 2,856,427.15 2.95
2,485,000 ITALY 5% 07-01/08/2039 BTPS EUR 2,595,706.97 2.68
21,049,189.92 21.76
Germany
474,000 BUNDESSCHATZANW 1% 10-16/03/2012 EUR 475,725.32 0.49
480,000 DEUTSCHLAND REP 3% 10-04/07/2020 EUR 510,590.41 0.53
907,000 DEUTSCHLAND REP 3.25% 05-04/07/2015 EUR 981,727.71 1.01
9,468,500 DEUTSCHLAND REP 3.5% 09-04/07/2019 EUR 10,455,969.96 10.81
2,605,000 DEUTSCHLAND REP 3.75% 06-04/01/2017 EUR 2,905,747.41 3.01
2,070,000 DEUTSCHLAND REP 4.25% 07-04/07/2039 EUR 2,625,401.89 2.71
1,327,000 DEUTSCHLAND REP 4.75% 98-04/07/2028 EUR 1,678,031.35 1.73
230,000 DEUTSCHLAND REP 5.5% 00-04/01/2031 EUR 321,169.72 0.33
372,000 DEUTSCHLAND REP 5.625% 98-04/01/2028 EUR 513,058.70 0.53
20,467,422.47 21.15
United Kingdom
1,107,000 UK TREASURY 3.25% 08-07/12/2011 GBP 1,317,858.37 1.36
1,336,000 UK TREASURY 4% 06-07/09/2016 GBP 1,707,153.14 1.76
2,430,000 UK TREASURY 4.25% 00-07/06/2032 GBP 2,991,871.54 3.09
1,180,000 UK TREASURY 4.5% 08-07/03/2013 GBP 1,480,683.18 1.53
202,000 UK TREASURY 4.75% 04-07/12/2038 GBP 267,630.48 0.28
1,035,000 UK TREASURY 4.75% 05-07/03/2020 GBP 1,370,832.94 1.42
2,293,000 UK TREASURY 5% 01-07/03/2025 GBP 3,106,448.23 3.21
2,800,000 UK TREASURY 5% 02-07/09/2014 GBP 3,673,531.81 3.79
1,697,000 UNITED KINGDOM 4.25% 08-07/12/2049 TSY GBP 2,088,680.12 2.16
18,004,689.81 18.60
France
2,891,000 FRANCE O.A.T. 3% 05-25/10/2015 EUR 3,055,411.05 3.16
780,000 FRANCE O.A.T. 3.75% 05-25/04/2021 EUR 850,753.85 0.88
2,860,000 FRANCE O.A.T. 4% 04-25/10/2014 EUR 3,137,162.66 3.23
2,022,000 FRANCE O.A.T. 4.5% 09-25/04/2041 EUR 2,503,660.60 2.59
1,000,000 FRANCE O.A.T. 5.5% 98-25/04/2029 EUR 1,325,809.94 1.37
10,872,798.10 11.23
Spain
870,000 SPANISH GOVT 3.15% 05-31/01/2016 EUR 862,683.27 0.89
897,000 SPANISH GOVT 4.3% 09-31/10/2019 EUR 916,626.40 0.95
1,180,000 SPANISH GOVT 4.4% 04-31/01/2015 EUR 1,246,776.16 1.28
1,153,000 SPANISH GOVT 4.7% 09-30/07/2041 EUR 1,102,890.61 1.14
720,000 SPANISH GOVT 5.5% 02-30/07/2017 EUR 798,890.41 0.83
1,030,000 SPANISH GOVT 6% 98-31/01/2029 EUR 1,183,624.51 1.22
6,111,491.36 6.31
Belgium
Name
Currency
Market value
in EUR
%
NAV
580,000 BELGIAN 0315 4% 09-28/03/2019 EUR 626,295.61 0.65
720,000 BELGIAN 0316 3.5% 09-28/03/2015 EUR 764,013.65 0.79
1,000,000 BELGIUM OLO 5% 02-28/09/2012 EUR 1,074,649.96 1.11
368,000 BELGIUM OLO 5% 04-28/03/2035 EUR 450,130.27 0.47
565,000 BELGIUM OLO 5.5% 98-28/03/2028 EUR 714,097.85 0.74
Quantity/
Nominal
500,000 FLEMISH COMMUNITY 2.75% 09-30/03/2012 EUR 508,589.98 0.53
1,700,000 FLEMISH COMMUNITY 3.75% 09-31/03/2014 EUR 1,803,478.83 1.85
5,941,256.15 6.14
Netherlands
1,984,000 NETHERLANDS GOVT 2.5% 09-15/01/2012 EUR 2,026,278.98 2.09
1,450,000 NETHERLANDS GOVT 3.25% 05-15/07/2015 EUR 1,557,822.07 1.61
450,000 NETHERLANDS GOVT 4% 05-15/01/2037 EUR 535,162.51 0.55
710,000 NETHERLANDS GOVT 4% 09-15/07/2019 EUR 800,099.07 0.83
455,000 NETHERLANDS GOVT 5.5% 98-15/01/2028 EUR 616,324.77 0.64
5,535,687.40 5.72
Denmark
12,300,000 DENMARK - BULLET 4% 03-15/11/2010 DKK 1,656,466.57 1.71
1,656,466.57 1.71
Slovenia
500,000 REP OF SLOVENIA 4.25% 09-05/02/2012 EUR 519,640.05 0.54
519,640.05 0.54
France
Name
Currency
Money market instruments
Market value
in EUR
%
NAV
90,158,641.83 93.16
3,760,000 FRENCH BTAN 3.75% 07-12/01/2012 EUR 3,955,041.27 4.09
3,955,041.27 4.09
3,955,041.27 4.09
Total securities portfolio 94,113,683.10 97.25
Financial derivative instruments as at 30/09/2010
Quantity
Name
Currency
Futures on interest rates
Commitment
in EUR
8 EURO-BUND FUTURE 08/12/2010 EUR 1,051,440.00
6,560.00
(31) EURO-SCHATZ FUTURE 08/12/2010 EUR 3,381,635.00
12,710.00
7 LONG GILT FUTURE (LIFFE)
29/12/2010
GBP 1,004,490.10
5,494.32
5,437,565.10
Unrealized
profit or (loss)
in EUR
24,764.32
To receive To pay Maturity Commitment Unrealized
Date in EUR
profit or (loss)
in EUR
Forward foreign exchange contracts
2,752,871.85 EUR 26,030,000.00 SEK 16/11/10 2,752,871.85 (78,429.38)
669,018.01 EUR 570,000.00 GBP 27/01/11 669,018.01 10,811.94
7,790,000.00 PLN 1,943,004.86 EUR 02/02/11 1,943,004.86 (2,535.66)
12,000,000.00 SEK 1,299,012.98 EUR 16/11/10 1,299,012.98
6,214.74
26,030,000.00 SEK 2,791,175.47 EUR 16/11/10 2,791,175.47 40,080.99
9,455,083.17
(23,857.37)
Total financial derivative instruments 906.95