Our investment products

Investment funds

Find out about investment funds !

Have you thought about investing rather than saving? Opt for a potential return by investing through investment funds (UCIs or undertakings for collective investment) based on the level of risk you are willing to take.

  • Diversification

    Investment funds allow the investor to compile a diversified portfolio with risk spread.

  • Risks

    Risk and return on investments are linked: the greater the risk you are prepared to take, the higher the potential return on your investments. Therefore, it is not certain that you will recover the capital you have invested.

  • Returns

    An investment fund potentially offers you a greater return than savings vehicles. Of course, investing is never without risk, but you determine for yourself the risk you are willing to take.

  • ING Selection

    ING specialists constantly analyze the management, diversification, performance and risk of each fund and carefully select products based on ING’s investment strategy.

  • Expertise

    More profitable and more efficient, professional managers are able to react more quickly to market conditions. For investors who don’t have the time, inclination or knowledge required to look after the management of a portfolio, including buying and selling shares at the opportune moment, bond choice and arbitrage, etc., UCIs offer an appropriate solution.

An investment fund is an “undertaking for collective investment” (UCI). The term “Undertaking for Collective Investment” (hereafter referred to as ‘UCI’) is a general term used for an entity, with or without legal personality, that collects capital from the public and invests it collectively in a basket of securities on the principle of risk spread. UCIs are a form of collective portfolio management. The most popular UCIs are SICAVs. However, the term UCI covers a whole range of products of a specific legal nature:

  • SICAVs (sociétés d’investissement à capital variable/investment companies with variable capital);
  • investment funds (including the Belgian pension savings funds);
  • SICAFs (sociétés d’investissement à capital fixe/investment companies with fixed capital) including the SICAFIs (investment companies with fixed capital investing in real estate);
  • PRICAFs (sociétés d’investissement à capital fixe investissant dans des sociétés non cotées et dans des sociétés en croissance/investment companies with fixed capital investing in non-listed and growth companies);
  • SICs (sociétés d’investissement en créances/debt investment companies).

We will limit ourselves here to SICAVs and investment funds.


Before you subscribe to an investment fund, we invite you to familiarize yourself with:

  • The prospectus
  • The technical sheet
  • The key investor information document (KIID).

Each investment fund has its own documents. The documents relevant to your investment fund, drafted in French and Dutch, are available free of charge by logging in to ebanking.ing.be > Investments, from your ING branch and by phone on +32 2 464 60 02.

Our objective: to select solutions for all fund categories.

Therefore, ING’s specialists constantly analyze the performance and risk of every fund. This exercise also takes into account the ratings set by Morningstar*, which are based on an objective assessment of past performance (adjusted for risk).

Our analysts are also the people who define ING’s investment strategy. This strategy is adjusted every month in line with the economic situation. This means you can closely monitor this strategy at any time.

Moreover, as a distributor, ING also proposes sustainable investment funds selected with the utmost care. This unique selection process takes into account not only the Environmental, Social and Governance (ESG) criteria, but also the risk and performance of these funds. The investment strategy chosen by ING guarantees that the capital you invest will be used directly to stimulate those companies that contribute actively to the environmental, social and governmental transition of our society. For more information, see our page on sustainable investment and our policy:

Finally, as well as offering you our own ING investment solutions, we work in partnership with reputable asset managers and choose our funds from among the offering from these partners, which have been chosen for their size, stability and diversity of their range of investment funds.

You decide for yourself the risk you are willing to take. Risk and return on investments are linked: the greater the risk you are prepared to take, the higher the potential return on your investments.

Your investments are diversified in terms of time and asset class, and in different sectors, regions and activities, to limit the risk as much as possible. But based on the funds you choose, the return on your investments may fluctuate and is not guaranteed. Depending on the quantity of equity or bond funds in your portfolio, you expose yourself to greater or lesser risk.

Therefore, it is not certain that you will recover the capital you have invested.

Regardless of the fund or funds you choose, investing involves risk. The main risks to consider are listed below:

  • Market risk: Different factors have an influence on shares and/or financial instruments. These include the development of the financial markets and the economic situation of the issuers of shares and/or financial instruments, who are themselves affected by the conditions of the global economy in general, as well as the political and economic context of each country.
  • Non-performance risk: The return realised during a specific period may be positive or negative, depending on the fund's investment strategy. The non-performance risk is strongly linked to the market risk.
  • Capital risk: There is no guarantee that the initial stake will be recovered.

Every fund carries other, inherent, risks. The occurrence of one of these risks can have a negative impact on the net value of your portfolio. Please consult the key investor information document (KIID) to learn more about the specific risks involved.

Fees (non-recurring):

  • Entry fees for purchase (applicable by ING Belgium) : maximum 3 %
  • Exit fees : 0 %

Ongoing charges:

  • Custody fees : 0 %/year
  • Other charges, like overperformance fees or ongoing sub-fund charges may be due, depending on the investment fund you choose: we refer you to the pre-contractual documents (KIID and Prospectus) of the fund in question.
  • ! The amount shown above do not apply to funds that are not monitored by ING: the custody fee is available from branches and on the ING website : Charges and regulations > Charges applied to the main investment services and transactions (PDF)

Tax regime

Stock market tax (TOB):

  • on purchase (subscription) : nil ;
  • on sale (buyback) :
  • capitalization share : 1.32 % (max EUR 4,000) ;
  • distribution share : nil.

Withholding tax (WT):

  • on distribution of dividends : 30 % ;
  • on sale (buyback) of shares or on liquidation (of the sub-fund) of the SICAV: 30%. This is applicable exclusively to taxpayers liable to personal income tax (IPP) in Belgium and on the hypothesis that the shares in question affected by the sale (buyback) or liquidation are issued by a sub-fund that invests more than 10% (if the shares were purchased on or before 1 January 2018) or more than 25% (if the shares were purchased before 1 January 2018) of its wealth in “debts” (bonds, monetary deposits, etc.).

The above information relating to TOB and WT is based on current Belgian tax legislation, which is subject to change by the legislature at any time.

If you have a complaint, you may contact us by phone on +32 (0)2 464 60 02, in branch with your usual ING liaison officer or via the complaint module available here.

If you are not satisfied, please contact ING Complaint Management Cours Saint-Michel/Sint-Michielswarande 60, 1040 Brussels or contact the Financial Disputes Ombudsman, North Gate II. Boulevard du Roi Albert II/Koning Albert II-laan 8, PO Box 2. 1000 Brussels (www.ombudsfin.be).

Important information:

This publicity communication is a public offer which does not comprise any investment advice, in accordance with Article 46(9) and (10) of the Law of 6 April 1995 on the status and supervision of investment companies, or any opinion on savings or investment insurance, in accordance with the Royal Decree of 21 February 2014 on the terms of application to the insurance sector of Articles 27 to 28a of the Law of 2 August 2002 on supervision of the finance sector and financial services. The customer must analyse the information contained in this document in respect of their personal situation, taking into account their financial situation and investment objectives. The customer remains solely and fully liable for the use he or she chooses to make of such information and for the consequences of his or her decisions. ING Bank Belgium does not, in principle, grant any investment services to U.S. Persons.

ING Belgium SA/NV • Bank • Avenue Marnix/Marnixlaan 24, B-1000 Brussels • Brussels RPM/RPR • VAT BE 0403.200.393 • BIC: BBRUBEBB • IBAN: BE45 3109 1560 2789 Insurance broker registered with the FSMA under no. 0403.200.393.