Thursday, October 21, 2010

ING Direct Streetwise Fund Performance 2010

It's rapidly approaching the end of 2010, so I thought I'd update my previous post on the performance of the ING Direct Streetwise mutual funds.

This chart shows the price performance of the Income, Balanced and Growth funds.


Along with the rest of the stock market, the funds have risen gradually during the latter part of the year.
This chart shows the fractional month-on-month change of each of the funds.

 
The performance isn't stellar, but I haven't lost money.  I've been buying units every month this year, and the price has gradually since July.

Since I started investing in the Streetwise Balanced fund in February, my total investment of  $4183.3 ($100 in February plus $408.33 every month after that) is now worth $4390.22. That's an increase of 4.9% - a bit better than a savings account.

By the way, if you're considering opening your first account with ING Direct, then use this reader-posted Orange Key

3068497S1 

You'll get a $25 bonus when you make an initial deposit of $100.  You'll also get your own Orange Key, so you can make your own referrals.  Every time someone opens an account with your Orange Key, both you and the account opener get $25.  

There are bonuses for every 10, 20, 30, 40 and 50 people you register, and you could make as much as $2000.  

When you get your Orange Key, post it in a blog comment and I'll feature it in a new post.

28 comments:

  1. Yay, thanks! My Orange Key is: 35372105S1

    ReplyDelete
  2. Thanks! Mine is : 32994525S1

    ReplyDelete
  3. I just opened my account (Nov 2010): here is my orange key 35386449S1

    ReplyDelete
  4. The real travesty is the discrepancy that the fund shows with the underlying assets. Streetwise Balanced Growth is supposed to track:

    DEX Universe Bond Index
    S&P TSX60
    S&P 500
    MSCI EAFE

    These indices showed enormous growth last year, so the 25%+25%+25%+25% combo in balanced growth should show similar spectacular growth.

    Yet, it does not. Somehow ING's 1% management fee does not seem to be correct, as pretty much all stock market gains have disappeared when you examine fund performance. Are we being taken for a ride here?

    Do your own comparisons here:
    http://www.google.com/finance?q=NYSE:EFA,INDEXSP:.INX,TSE:.GSPTSE,TSE:XBB,MUTF_CA:INI130

    Bram

    ReplyDelete
  5. Here is an up-to-date ING Orange Key for the $25 referral bonus 17465528S1

    To sign up with this Orange Key go to:
    http://www.ingdirect.ca/referafriend

    ReplyDelete
  6. Hi, my Orange Key is 35307875S1
    Thanks!

    ReplyDelete
  7. Here's a brand new orange key!
    35665122S1

    Cheers

    ReplyDelete
  8. here is an up to date orange key good until 2014 17289125S1 use it to get your $25 bonus

    ReplyDelete
  9. Hey there. Would like to post my orange key for some referrals! here it is:

    35736756S1

    This is recent! As of today March 22 2011

    ReplyDelete
  10. Here's a working ING Orange Key updated daily.

    14424363S1

    ReplyDelete
  11. Here is an up-to-date ING Orange Key good until 2015 for the $25 referral bonus 17465528S1

    To sign up with this Orange Key go to:
    http://www.ingdirect.ca/referafriend

    ReplyDelete
  12. Here is a fresh new Orange KEy

    35967014S1

    ReplyDelete
  13. here is a bran new orange key 17289125S1 please add it to the list of valid keys thanks

    ReplyDelete
  14. Brand new Orange Key 36111272S1

    ReplyDelete
  15. http://ingdirectcanada-orangekey.blogspot.com/

    33885729S1

    ReplyDelete
  16. Hey I have a brand new orange key, should be good for some referrals! Thanks!


    35651657S1

    ReplyDelete
  17. Here is an up-to-date ING Orange Key good until 2015 for the $25 referral bonus 17465528S1

    ReplyDelete
  18. Hey all prospective INGers. From now until the end of December you will get a $50 bonus! That's double the original bonus. Just use this code 17465528S1 and deposit at least $100 and you will get $50 FREE! Thanks! www.ingdirect.ca

    ReplyDelete
  19. up to date orange referral code for the $50 bonus simply enter this code 17289125S1 and watch your money grow

    ReplyDelete
  20. Here is brand new one

    32997475S1

    Thanks

    ReplyDelete
  21. use this up to date orange referral code for your $50 bonus, remember to get the bonus you must deposit $50 or more 17289125S1

    Merry Xmas!!

    ReplyDelete
  22. Hello,

    here is my new Orange Key:

    35810571S1

    ReplyDelete
  23. Valid and works in Canada 14792909S1

    ReplyDelete
  24. Use my Orange key, 13974008S1 to get an ING savings account and a bonus $25 for being referred.
    Then after that, open a Thrive account and get your pay deposited to the Thrive account for an extra $100!! That offer is on until the end of February.

    ReplyDelete
  25. Here is a new Key:
    39227118S1

    ReplyDelete