How Can I Get an ING Direct Orange key $25.00 bonus for Opening a Streetwise Mutual Fund

Join up with this working Orange key code: 35934724S1

Since January of 2008 ING Direct Canada has ended up offering Canadians, just like you, their very own type of mutual funds which they have chosen to call ING Direct “Streetwise” Mutual funds. It’s my opinion this new portfolio of funds has brought Canadians a excellent investment opportunity which has not been available. In this article I hope to resolve the following questions:

• What are Streetwise Mutual Funds?
• How do they differ from other fund offerings?
• More notably, how could they be my greatest investment option?
• How can I use an ING direct orange key to recieve at ING Direct verified orange key bonus of $25.00 just for opening an account?

What is an ING Direct Streetwise Mutual Fund?

They’re is one of three mutual funds currently offered by ING Direct Canada. These funds invest exclusively in market indexes; specifically Canadian Bonds (DEX Universe Bond Index), the Canadian market (S&P/TSX 60), the US market (S&P 500) and International Stocks (Morgan Stanley Capital Inc. EAFE).

As stated there are three funds Income, Balanced, and Growth each having progressively higher risk then the previous with correspondingly potentially higher returns. One way of thinking of it’s the closer you are to when you plan on spending the money the less risk you want to take. So if you had been planing on spending the investment in the next couple of years you’d probably want to invest in the Income Fund, or if your time line was more like 20 to 30 years away you’d probably consider the Growth Fund. This of course leaving the Balanced one somewhere in between. Note that there are many other factors to selecting your level of acceptable risk and this only takes one into account.

How do they differ from other fund offerings?

A number of other banks and fund companies provide index funds that is true. The 2 biggest advantages that a majority of advocates of index funds are as follows:

• Index funds have historical performed better then managed funds
• They have lower management fees than other managed funds which means you keep more of the income and your investments growth that much faster.

What this means is that the option for an average Joe to invest in mutual should be an easy choice for even the most novice investor. With ING Direct Canada, they should easily be able to choose to invest exclusively in Index Funds. However, you still may wish to get proper exposure to the various markets. This is where the Streetwise Funds comes in, not only do the ING Direct streetwise funds invest in Indexes they already invest in several so it’s not necessary to buy a variety of varied ones from many other providers.

More importantly, how are they my best investment choice?

As previously stated, not simply are Street wise funds invested solely in indexes additionally they invest in various different indexes. The degree that each of the 3 funds invest in each index is continuously maintained which means that once you start investing in one of these funds you don’t have to do anything whatsoever unless you decide that you want to alter your degree of risk (ie buy a different fund).

Along with this, ING Direct Canada has put a cap on the management expense ration (MER) to 1% (which at this time of writing this article was essentially .8%) this amount is actually as good or better then that is presently being offered by most other index funds that invest in only one index.

To my knowledge the only real other good alternative is the TD e-series or iShares ETF.

The TD e-series portfolio offers essentially exactly the same option as the ING Streetwise funds, however they’re MER is really a bit greater so your returns would likely be lower. But if you would like the ease of dealing with a primary bank and possibly an improved online banking system, you might choose it instead.

As for iShares they don’t actually offer mutual funds but rather what are called ETF (Exchange Traded Funds) which is really a fancy way of saying you purchase mutual funds through the stock market. It is more work to purchase them and you can only invest in one index at any given time but at an MER of around .17% it could be worth the extra effort and additional work.

ING Direct Canada is providing you the chance to use this Working ING Direct Orange Key
35934724S1

Simply by entering this number in when registering with ING Direct Canada you’ll receive $25 within 24hrs of opening an account with a balance of $100. What a better way of growing your investment! I have signed up to start saving using their ING Streetwise funds and it has been very simple and easy along the way. Customer support online and via telephone have been outstanding. I highly recommend using ING Direct Canada.