To open an investment account with tax benefits, you pay a one-time account opening fee of €45. This amount will be automatically deducted from your linked payment account during the next quarterly charge.
"}},{"componentType":"sectionTitle","title":"Service fee"},{"componentType":"paragraph","richBody":{"value":"You pay 0.20% per year on the value of your investments. There is no minimum fee. For example, if you invest €5,000, you pay €10 per year as a service fee. In addition, there are no charges for depositing money into your investment account.
The costs are charged quarterly. We automatically deduct the costs from your investment account.
"}},{"componentType":"sectionTitle","title":"Fund costs"},{"componentType":"paragraph","richBody":{"value":"In addition to the service fee, you pay annual fund costs. This is the fee for the manager of the fund you invest in. The fund costs are already included in the price.
| Funds | Fund costs |
|---|---|
| ING Select Fund - Index Zeer Offensief | 0.65% |
| ING Select Fund - Index Offensief | 0.60% |
| ING Select Fund - Index Neutraal | 0.56% |
| ING Select Fund - Index Defensief | 0.49% |
| ING Select Fund - Index Zeer Defensief | 0.41% |
ING offers the following five index funds for Pension Investing. An investment fund pools money from multiple investors, usually investing in a mix of equities and bonds. An equity represents ownership in a company’s capital. This allows you to benefit when the company performs well and the share price rises. Bonds are loans issued by companies or governments. These funds are managed by ING experts. The ratio between equities and bonds varies per investment fund. You can choose a fund yourself or use automatic risk reduction, where a fund is selected that best suits you. On this page, you will find more information about investment funds.
It is important to understand the appropriate investment period before making a choice. The appropriate investment period indicates how long you should ideally invest your money to achieve a good return. Below you will find a table with the column ‘appropriate investment period’ that explains this in more detail.
| Investment funds | Ratio | Appropriate investment period |
|---|---|---|
| ING Select Fund - Index Zeer Offensief | 90% equities 10% bonds | Minimum of 5 years |
| ING Select Fund - Index Offensief | 70% equities 30% bonds | Minimum of 5 years |
| ING Select Fund - Index Neutraal | 50% equities 50% bonds | Minimum of 3 years |
| ING Select Fund - Index Defensief | 30% equities 70% bonds | Minimum of 3 years |
| ING Select Fund - Index Zeer Defensief | 10% equities 90% bonds | Minimum of 2 years |
Automatic Risk Reduction
It is possible to make use of automatic risk reduction. As you get closer to your retirement age, the risk is gradually reduced. With automatic risk reduction, we automatically adjust your investment fund based on your desired retirement age to reduce risk. We apply the following reduction schedule to spread risks as effectively as possible during your pension accumulation:
| Investment funds | Risk reduction | Example* | Key information document (KID), Factsheets** and prospectus*** |
|---|---|---|---|
| ING Select Fund - Index Zeer Offensief | Minimum of 16 years | Now until January 1, 2038 | KID Factsheet |
| ING Select Fund - Index Offensief | Minimum of 12 years | January 1, 2038 to January 1, 2042 | KID Factsheet |
| ING Select Fund - Index Neutraal | Minimum of 8 years | January 1, 2042 to January 1, 2046 | |
| ING Select Fund - Index Defensief | Minimum of 4 years | January 1, 2046 to January 1, 2048 | KID Factsheet |
| ING Select Fund - Index Zeer Defensief | Minimum of 2 years | January 1, 2048 to January 1, 2050 | KID Factsheet |
*Example based on retiring on January 1, 2050
**Would you like extra information about the investment strategy, returns and fund composition? Then read the factsheets.
***Would you like to know more about the fund’s terms and conditions? Then read the prospectus (Dutch only).
"}},{"componentType":"sectionTitle","title":"Good to know"},{"componentType":"paragraph","richBody":{"value":"Investing involves risks and costs. You may lose your deposit or part of it.
Investments that contribute to environmental or social goals can be part of the ING Select Fund – Index funds. However, the funds do not solely aim to invest in such investments; investing in financially attractive companies is also important. For more information about ING’s Sustainable Investing Policy, visit ing.nl/ESG (Dutch only).
*For informational purposes, we will use the name Pension Investing. The actual product name is Pensioenbeleggen. This translation is intended for the customer’s convenience only. In the event of any inconsistency between the English translation and the original Dutch version, the original Dutch version shall prevail.
"}},{"componentType":"sectionTitle","title":"Frequently asked questions"},{"componentType":"accordion","accordionList":[{"title":"How does automatic risk reduction work?","richBody":{"value":"With automatic risk reduction, we gradually reduce your investment risk based on your desired retirement age by adjusting the investment fund. This way, your risk is reduced step by step. Because this is based on your chosen retirement date, we also call this lifecycle investing. Lifecycle investing is an approach where risks are automatically reduced as you get closer to retirement. At the start, you invest in funds with a higher proportion of shares, as you still have plenty of time to recover from potential losses. As you grow older and approach retirement, you invest in funds with lower risk because the proportion of bonds increases, helping protect your accumulated wealth against market fluctuations.
"}},{"title":"Should I use automatic risk reduction?","richBody":{"value":"You are always free to choose your own investment fund. Please note: if you choose an investment fund yourself, you are also responsible for reducing the risk as you get closer to your retirement age. If you do this too late, you risk (significant) fluctuations in value shortly before your retirement age.
"}},{"title":"Can I switch between investment funds?","richBody":{"value":"Yes, you can switch funds at any time. You can easily arrange this via the ING App:
Using this option, you can also turn automatic risk reduction on or off. This way, you stay in control of your investments and the associated risk profile.
"}}]}]}}}