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
The accompanying notes form an integral part of these financial statements.
ING (L) Renta Fund - International
(Denominated in EUR)
2,000,000 SOCIETE GENERALE 3.125% 10-21/09/2017 EUR 1,984,060.06 1.55
50,000 ST GOBAIN 4.75% 07-11/04/2017 EUR 53,129.50 0.04
182,000 VEOLIA ENVRNMT 4% 05-12/02/2016 EUR 193,227.58 0.15
60,000 VEOLIA ENVRNMT 5.375% 03-28/05/2018 EUR 68,086.19 0.05
10,625,991.24 8.27
Italy
Name
100,000 ATLANTIA 5% 04-09/06/2014 EUR 107,328.00 0.08
215,000 BANCO POPOLARE 07-29/06/2049 FRN EUR 167,162.50 0.13
300,000 ENEL (ENTNZENEL) 5.25% 07-20/06/2017 EUR 338,379.02 0.26
50,000 ENI SPA 4.75% 07-14/11/2017 EUR 55,474.00 0.04
7,000,000 ITALY BTPS 4.5% 07-01/02/2018 EUR 7,527,099.93 5.87
1,350,000 ITALY BTPS 6.5% 97-01/11/2027 EUR 1,661,296.47 1.29
150,000 UNICREDIT SPA 10-21/07/2049 FRN EUR 151,875.01 0.12
10,008,614.93 7.79
United Kingdom
Currency
Market value
in EUR
%
NAV
320,000 AVIVA PLC 03-02/10/2023 SR EUR 323,200.00 0.25
70,000 AVIVA PLC 08-22/05/2038 FRN EUR 72,100.00 0.06
245,000 BARCLAYS BK PLC 04-04/03/2019 SR EUR 249,664.80 0.19
400,000 BARCLAYS BK PLC 4% 10-20/01/2017 EUR 417,604.00 0.32
455,000 BARCLAYS BK PLC 4.875% 09-13/08/2019 EUR 497,888.28 0.39
150,000 BARCLAYS BK PLC 5.125% 10-08/01/2020 USD 118,790.51 0.09
300,000 BARCLAYS BK PLC 6% 10-14/01/2021 EUR 319,653.01 0.25
130,000 BAT INTL FINANCE BATSLN 5.375% 07-
29/06/2017
EUR 148,385.91 0.12
131,000 BAT INTL FINANCE 4.875% 09-24/02/2021 EUR 146,634.85 0.11
135,000 HBOS PLC 05-18/03/2030 SR EUR 104,738.40 0.08
10,000 HSBC HLDGS PLC 5.25% 02-12/12/2012 USD 7,855.59 0.01
159,000 LBG CAPITAL NO.1 7.375% 09-12/03/2020 EUR 147,803.22 0.12
200,000 LEGAL & GENL 05-08/06/2025 SR EUR 183,000.00 0.14
84,000 LLOYDS TSB BANK 6.25% 09-15/04/2014 EUR 91,872.47 0.07
1,000,000 NORTHERN ROCK 3.625% 05-20/04/2015 EUR 989,879.99 0.77
299,000 ROYAL BK SCOTLAND 04-22/09/2021 SR EUR 270,526.22 0.21
80,000 ROYAL BK SCOTLAND 5.25% 08-15/05/2013 EUR 84,100.80 0.07
320,000 UK TREASURY 4.25% 03-07/03/2036 GBP 391,679.11 0.30
375,000 UK TREASURY 4.25% 09-07/09/2039 GBP 458,726.25 0.36
2,000,000 UK TREASURY 4.75% 05-07/03/2020 GBP 2,648,952.55 2.06
276,000 UK TREASURY 6.25% 94-25/11/2010 GBP 321,314.53 0.25
200,000 UK TREASURY 8% 95-07/12/2015 GBP 301,968.02 0.23
411,000 UK TREASURY 8% 96-07/06/2021 GBP 689,579.56 0.54
Supranational - Multinational
8,985,918.07 6.99
10,000,000 ASIAN DEV BANK 5.82% 98-16/06/2028 USD 8,676,010.84 6.75
5,900,000 EURO BK RECON&DV 0% 98-31/12/2020 ZAR 264,676.78 0.21
Netherlands
8,940,687.62 6.96
200,000 ALLIANZ FINANCE 4% 06-23/11/2016 EUR 214,601.99 0.17
110,000 BASF FIN EUROPE 5% 07-26/09/2014 EUR 121,590.70 0.09
370,000 BK NED GEMEENTEN 3.75% 03-15/07/2013 USD 289,769.73 0.23
135,000 BMW FINCE NV 4.875% 07-18/10/2012 EUR 142,986.60 0.11
90,000 COCA-COLA HBC BV 5.125% 04-17/09/2013 USD 71,871.38 0.06
90,000 DEUTSCHE TEL FIN 5.25% 03-22/07/2013 USD 72,312.48 0.06
15,000 DEUTSCHE TEL FIN 8.25% 00-15/06/2030 USD 15,375.77 0.01
100,000 E.ON INTL FIN BV 5.75% 08-07/05/2020 EUR 120,473.01 0.09
76,000 E.ON INTL FIN 5.125% 07-02/10/2012 EUR 80,943.04 0.06
50,000 E.ON INTL FIN 5.125% 08-07/05/2013 EUR 54,074.50 0.04
200,000 GENERALI FINANCE 06-29/06/2049 SR EUR 180,000.00 0.14
268,000 ING BANK NV 04-15/03/2019 SR EUR 273,338.55 0.21
2,100,000 NETHERLANDS GOVT 4% 08-15/07/2018 EUR 2,360,210.81 1.84
400,000 RABOBANK 4.125% 10-14/01/2020 EUR 423,700.01 0.33
Quantity/
Nominal
Name
Currency
Market value
in EUR
%
NAV
71,000 REPSOL INTL FIN 4.625% 04-08/10/2014 EUR 75,151.37 0.06
160,000 TELEFONICA EUROP 5.125% 03-14/02/2013 EUR 169,513.61 0.13
160,000 TELEFONICA EUROP 5.875% 03-14/02/2033 EUR 180,297.61 0.14
Ireland
4,846,211.16 3.77
200,000 AIB MORTGAGE BNK 3.75% 06-30/04/2013 EUR 188,006.00 0.15
92,000 BANK OF IRELAND 10% 10-12/02/2020 EUR 88,090.00 0.07
280,000 GE CAP EUR FUND 4.35% 06-03/11/2021 EUR 283,502.78 0.22
200,000 GE CAP EUR FUND 4.625% 07-22/02/2027 EUR 203,894.00 0.16
150,000 GE CAP EUR FUND 4.875% 08-06/03/2013 EUR 158,650.50 0.12
80,000 GE CAP EUR FUND 5.25% 08-18/05/2015 EUR 87,923.21 0.07
300,000 IBERDROLA FIN 5% 09-11/09/2019 USD 221,498.32 0.17
3,100,000 IRISH GOVT 3.9% 09-05/03/2012 EUR 3,099,224.94 2.41
150,000 TRANSNEFT 5.381% 07-27/06/2012 EUR 155,850.00 0.12
Japan
4,486,639.75 3.49
180,000,000 JAPAN GOVT 10-YR 1.3% 04-20/03/2014 JPY 1,638,755.87 1.28
200,000,000 JAPAN GOVT 10-YR 1.6% 06-20/03/2016 JPY 1,877,292.88 1.46
65,000,000 JAPAN GOVT 20-YR 1.9% 02-20/09/2022 JPY 616,497.15 0.48
25,000,000 JAPAN GOVT 2.4% 07-20/03/2037 JPY 245,792.81 0.19
Poland
4,378,338.71 3.41
6,700,000 POLAND GOVT BOND 5.25% 09-25/10/2020 PLN 1,662,053.73 1.29
2,000,000 REP OF POLAND 5% 05-19/10/2015 USD 1,600,688.54 1.25
Austria
3,262,742.27 2.54
300,000 ASFINAG 3.125% 05-06/10/2015 EUR 313,242.00 0.24
850,000 REP OF AUSTRIA 4% 06-15/09/2016 EUR 939,666.59 0.73
1,000,000 REP OF AUSTRIA 4.35% 08-15/03/2019 EUR 1,129,209.98 0.88
Belgium
2,382,118.57 1.85
650,000 BELGIAN 0315 4% 09-28/03/2019 EUR 701,883.01 0.55
400,000 BELGIUM OLO 5% 04-28/03/2035 EUR 489,272.03 0.38
100,000 FORTIS BNK SA/NV 04-29/10/2049 SR EUR 89,500.00 0.07
70,000 FORTIS BNK 5.757% 07-04/10/2017 EUR 78,850.10 0.06
500,000 INBEV NV 4% 10-26/04/2018 EUR 528,800.01 0.41
Luxembourg
1,888,305.15 1.47
500,000 ARCELORMITTAL 7% 09-15/10/2039 USD 374,147.38 0.29
350,000 ENEL FIN INTL SA 5% 09-14/09/2022 EUR 384,051.46 0.30
50,000 GAZPROM 6.605% 07-13/02/2018 EUR 54,437.50 0.04
240,000 HOLCIM FINANCE L 4.375% 04-09/12/2014 EUR 252,479.97 0.20
300,000 OLIVETTI FINANCE 7.25% 02-24/04/2012 EUR 321,053.97 0.25
265,000 SYNGENTA LUX FIN 4.125% 05-22/04/2015 EUR 285,720.35 0.22
75,000 TELECOM ITALIA 5.25% 04-15/11/2013 USD 59,024.32 0.05
Portugal
1,730,914.95 1.35
300,000 BANCO ESPIRITO 3.875% 10-21/01/2015 EUR 272,841.00 0.21
1,000,000 PORTUGUESE OTS 4.45% 07-15/06/2018 EUR 917,910.00 0.72
Denmark
1,190,751.00 0.93
183,000 DANSKE BANK A/S 07-29/05/2049 SR EUR 170,190.00 0.13
1,000,000 DENMARK KINGDOM 1.875% 09-16/03/2012 USD 743,630.24 0.58
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