Our investment products

Pension Savings Fund

Star Fund Balanced is a pension savings fund managed by ING Solutions Investment Management S.A.

Star Fund Balanced, a sub-fund of the fund* Star Fund, is a pension savings fund in the form of a mutual investment fund under Belgian law with an unlimited term. Star Fund aims to invest in companies and issuers that pursue responsible development policies while respecting the principles of the environment, social responsibility and corporate governance. ING Solutions Investment Management S.A. is a management company under the laws of Luxembourg. *'Fund' refers to a pension savings fund and a mutual investment fund.

  • To your size

    You choose the amount and frequency of your payments yourself, starting at 10 euros per month (with a minimum of 120 euros per calendar year).

  • Accessibility

    Check your Star Fund Balanced online, anytime, anywhere in the ING Banking app or Home’bank and manage your payments easily. 

  • Tax relief

    Benefit from a potential tax relief every year while supplementing your state pension. Two birds with one stone! 

  • Charges

    The ongoing charges amount to 1.16% and the subscription fees are 3%.

  • Risks

    Investing involves risks. Understanding them and spreading them over time increases your chances of achieving your financial goals.

  • Investment Objective: the sub-fund invests in a mixed portfolio of equities, bonds and money market instruments and cash mainly denominated in euros and is subject to the legislation concerning investment funds and taxation of pension savings funds.
  • Investment Policy: The sub-fund invests in different asset classes, countries and sectors. It is actively managed so it can respond quickly to changes in market conditions. To do so, it relies on fundamental and behavioural analyses, and there is no guarantee of future results. In a neutral position, the weighting is: 50% bonds, money market instruments and cash; and 50 % equities. However, the asset manager may decide to change these weightings according to market conditions.
  • ESG considerations: the purpose of the fund is to invest in companies and institutions seeking responsible development and respecting the environment, their social role and good governance. For more information, please refer to the Prospectus and the website https:/www.ing-isim.lu/ESG.

There is no guarantee that the investment objective will be achieved or will be achieved during the recommended holding period, and there is a risk of loss of the invested capital.

  • you live in Belgium
  • you are between 18 and 64 years old (on 31 December of the year of subscription)
  • you pay your personal income tax in Belgium


Your payments will be made by direct debit from your ING current account or an ING Invest Account. The only condition is that the (joint) account holder is the same person whose account is linked to your pension saving.

Before you start investing in Star Fund Balanced, please read the Key Investor Information and the prospectus.

These documents are available free of charge, on request, in your ING branch in English, French and Dutch.

Find out about the pension savings fund on the website Star Fund (FR) Please note: by clicking on this link, you will leave the ING website.

Valid on 31/10/2022

Return* (%)





Devise

after 1 year

after 3 years

after 5 years

after 10 years

Since inception

EUR

-13.6%

0.3%

0.5%

4.4%

6.0%

Source: ING Solutions Investment Management S.A.


Actuarial return expressed on an annual basis in the currency of the relevant mutual investment fund over 1 year, 3 years, 5 years, 10 years and since inception. This relates to the end-of-month returns based on historical data.

The returns shown and the changes in net asset value refer to the past, and past performance is not a reliable indicator of future performance. Past returns include fees and commissions, with the exception of entry and exit fees and conversion costs. Past returns are calculated in EUR on an annual basis. The returns shown apply to the investment fund's capitalisation base.

*The returns between 2008 and 2015 were achieved at a time when the pension savings fund had different characteristics. As a result of the change to the investment policy of the pension savings fund the returns have been calculated on a different basis since then.


ISIN code: BE0026510298

Class: R

Date of creation of the share class: 19/02/1987

Currency of the share class: The currency of reference is the euro.

This pension savings funds has received the Febelfin sustainability label for a period of one year. The label, that is re-evaluated annually, is a quality standard drawn up by Febelfin, the representative of the Belgian financial sector. This standard defines a number of minimum requirements that sustainable financial products must meet, both in terms of the portfolio and the investment process. For more information on the label, see https://www.towardssustainability.be/en/quality-standard.

The attribution of this label to the pension savings funds does not imply that this financial product meets your own sustainability objectives or that the label meets the requirements of future national or European regulations. For more information on this subject, please visit https://www.fsma.be/en/sustainable-finance.

The main risks to be considered are as follows:

  • Market risk: Taking into consideration past performance and potential future changes in the financial markets in relation to the financial instruments used to attain the investment objectives, the market risk is considered to be high.
  • Capital risk: The investor has no guarantee or capital protection. The value of investments can increase or decrease. This risk is considered to be high.
  • Return risk: Closely linked to market risk. It is considered to be high.
  • Credit risk: The risk of default by an issuer or counterparty. It is considered to be moderate.
  • Currency risk: The risk that the value of the investment will be affected by changes in exchange rates. It is considered to be moderate.
  • Concentration risk: Risk associated with a high concentration of investments in certain assets or in certain markets. It is considered moderate.
  • Inflation risk: Risk of a decrease in the real value of the assets held by undertakings for collective investment. It is considered to be moderate. 

No guarantee is given that returns will be obtained and/or that the initial stake will be recovered. Amounts invested in CIUs (Undertaking for Collective Investment) are not covered by the Fund for the protection of deposits and financial instruments.

The net asset value is published on every public banking working day in the Belgian financial press as well as on the BeAMA website (please note: if you click on this link, you will leave the ING website). It is also available at the management company’s registered address and from branches with financial service providers.

  • Entry charge (applicable by ING Belgium): 3%
  • Exit charge: 0%
  • Ongoing charges taken from the sub-fund over a year: 1.16% of which 1.00% management fees.
  • A swing price may be applied. Swing pricing aims to reduce the dilution effect brought about when significant operations within a sub-fund compel its manager to buy or sell its underlying assets. Where swing pricing is applied, the sub-fund's net asset value is adjusted by a particular amount when the capital flow exceeds a certain threshold (the swing factor). This swing factor amounts to a maximum of 3%. This amount must offset expected transactions fees resulting from the difference between incoming and outgoing capital.

A detailed description of all fees is available in the prospectus.

An investment in Star Fund entitles you to pension savings tax relief in accordance with the provisions of the 1992 Income Tax Code, as described below, subject to changes to fiscal regulations. An investor in Star Fund who is a resident of Belgium (or of a member state of the European Economic Area) and subject to Belgian personal income tax is eligible for the tax relief.

The investor must be over 18 and under 64 years of age in the year when the account is opened. The account must also have a minimum term of 10 years.

The amount that qualifies for tax relief is limited to a maximum purchase amount per tax payer in each taxable period. This may be increased by Royal Decree. From the age of 55 you should not deposit more than what you did in the previous years. Indexation of the amounts is possible in accordance with the legal provisions. The tax relief is calculated at the special average tax rate of 30% or 25% respectively, plus municipal tax. You receive an annual tax reduction of, respectively:

  • 30% if you opt for the ceiling of up to 990 euros in 2022. The maximum tax reduction in that case amounts to 297 euros + municipal taxes.
  • 25% if you opt for the increased ceiling of up to 1,270 euros in 2022. The maximum tax reduction in that case amounts to 317.5 euros + municipal taxes.

Conditions for the increased tax ceiling of 1,270 euros:

  • If you wish to invest more than 990 euros/year, then you have to inform ING of your explicit choice.
  • The choice is irrevocable and valid exclusively for the tax period specified. As a result, you will have to make the choice again each year.
  • If a sum higher than 990 euros is transfered in a year for which this choice was not explicitly communicated in advance, the amount above 990 euros will be returned free of charge.

For those who opened their pension savings account before their 55th birthday an 8% tax is automatically applied on their 60th birthday (or when you retired. After this automated taxation, you can continue investing in the fund for another 4 years, while keeping the fiscal advantage and without being subject to taxation.

For those who opened their pension savings account on their 55th birthday or later, this automatic tax is deducted 10 years after the opening date.

You have to wait for 10 years to end your pension savings plan. You are allowed to end it prior, but this is fiscally very disadvantageous. 

For a more detailled description of the possible cases of capital repayment and the associated tax regime, please refer to the Prospectus, chapter III paragraphe 6.

Tax certificate: Every year, in the month of May, you will receive a tax certificate for the contributions you made in the preceding year. You can also download the certificate from Home’Bank, along with a number of other tax certificates.

Contact us online: www.ing.be/complaints, call us: +32 2 464 60 04 or send us a letter: ING Complaint Management, cours Saint-Michel/Sint-Michielswarande 60, 1040 Brussels.

Have you already been in touch with ING? You can also contact Ombudsfin, Nort Gate II, Boulevard du Roi Albert II N°8, bte 2, B-1000 Brussels - E-mail: ombudsman@ombudsfin.be - www.ombudsfin.be

The Belgian Star Fund Balanced pension savings fund is offered (to acceptance by ING Belgium SA/NV and mutual agreement) by: ING Belgium SA/NV – Bank. Head office: Avenue Marnix/Marnixlaan 24, B-1000 Brussels – Brussels Register of Companies – VAT BE 0403.200.393 – BIC (SWIFT): BBRUBEBB - IBAN (account): BE45 3109 1560 2789 (310-9156027-89).

This publicity message is a public offer and not a personal recommendation and does not constitute 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. Customers should assess this information for themselves in the light of their own individual situation, taking account of their financial situation and their investment objectives. Customers remain solely and fully liable for the use they choose to make of such information and the consequences of their decisions.

Start saving for your pension

  1. Log in

    Use your debit card or itsme®.

  2. Fill out the form

    Choose the amount and the payment date.

  3. Finalise your application

    Read the summary and sign.

First read this page carefully, then you can Open a Star Fund Balanced