Exhibit (D)(11)(i)
(ING FUNDS LOGO)
April 3, 2006
NWQ Investment Management Company, LLC
Attention: General Counsel
0000 Xxxxxxx Xxxx Xxxx
Xxx Xxxxxxx, XX 00000
Dear Sir or Madam:
This letter serves to advise you that SCHEDULE A to the Sub-Advisory
Agreement dated July 28, 2005 between ING Investments, LLC and NWQ Investment
Management Company, LLC (the "Agreement") has been updated to remove ING MidCap
Value Choice Fund effective April 3, 2006.
Very sincerely,
/s/ Xxxx Xxxxx
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Xxxx Xxxxx
Senior Vice President
ING Investments, LLC
0000 X. Xxxxxxxxxx Xxxxx Xx. Tel: 000-000-0000 ING Investments, LLC
Scottsdale, AZ 00000-0000 Fax: 000-000-0000
xxx.xxxxxxxx.xxx
SCHEDULE A
WITH RESPECT TO THE
SUB-ADVISORY AGREEMENT
BETWEEN
ING INVESTMENTS, LLC
AND
NWQ INVESTMENT MANAGEMENT COMPANY, LLC
SERIES ANNUAL SUB-ADVISER FEE
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(AS A PERCENTAGE OF AVERAGE DAILY NET ASSETS)
ING SmallCap Value Choice Fund 0.50% on the initial $150 million;
0.60% thereafter at any aggregate asset level
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