Subscribe to Entrepreneur for $5
Subscribe

Black Gold

Oil is key to the success of this Russian fund.

By
This story appears in the December 2004 issue of Entrepreneur. Subscribe »

Oil. A portfolio dominated by it bubbles when prices are up and sinks downward when they're not.

For emerging-market enthusiasts, ING's Fund (LETRX) has been one of that category's top performers. Ranked No.1 in performance history in five of the past seven years by Morningstar, this fund of some 35 holdings got its high marks thanks to black gold and other resource-type stocks. (As of late August, ING's Russia Fund holdings had about 43.74 percent of assets invested in oil and gas companies.)

Continue reading this article - and everything on Entrepreneur!

We make some of our best content available to Entrepreneur subscribers only. Become a subscriber for just $5 to get an ad-free experience, exclusive access to premium content like this, and unlock special discounts.

Entrepreneur Editors' Picks