ING Diversified Floating Rate Senior Loan Fund Files Final Prospectus

ING Diversified Floating Rate Senior Loan Fund Files Final Prospectus 
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN 
THE UNITED STATES./ 
TORONTO, Feb. 28, 2013 /CNW/ - Connor, Clark & Lunn Capital Markets Inc. (the 
"Manager") is pleased to announce that a final prospectus for ING Diversified 
Floating Rate Senior Loan Fund (the "Fund") has been filed and receipted by 
the securities regulatory authorities of all the Canadian provinces and 
territories for an initial public offering of Class A Units and Class U Units 
(the "Units") of the Fund. The Fund is a closed-end investment fund 
established under the laws of the Province of Ontario which proposes to offer 
Units at a price of $10.00 per Class A Unit and U.S. $10.00 per Class U 
Unit. Class U Units are designed for investors wishing to make their 
investment in U.S. dollars. The maximum amount of the offering is $200 million 
($230 million if the over-allotment option is exercised in full) and is 
expected to close on or about March 22, 2013. The Toronto Stock Exchange 
("TSX") has conditionally approved the listing of the Class A Units under the 
symbol IFL.UN. Class U Units will not be listed but may be converted into 
Class A Units on a weekly basis. 
The Fund's investment objectives are to (i) provide tax-advantaged monthly 
cash distributions consisting primarily of returns of capital; (ii) preserve 
capital; and (iii) generate increased returns in the event that short-term 
interest rates rise, in each case, through exposure to a diversified portfolio 
consisting primarily of senior, secured floating rate corporate loans ("Senior 
Loans") and other senior debt obligations of non-investment grade North 
American borrowers, actively managed by ING Investment Management Co. LLC (the 
"Sub-Advisor"). The Portfolio will consist primarily of senior, secured 
floating rate corporate loans that are expected to generate increased returns 
in the event that short-term interest rates rise. 
The Fund will not have a fixed distribution policy, but intends to make 
monthly distributions based on the actual and expected returns on the 
Portfolio. Given that the majority of the Portfolio will be invested in Senior 
Loans which are floating rate, returns may vary with changes in interest 
rates. The Fund's initial distribution target is expected to be $0.05 per Unit 
per month (U.S. $0.05 in the case of the Class U Units), representing an 
initial yield on the Unit issue price of 6.0% per annum. 
ING Investment Management Co. LLC is currently an indirect, wholly-owned 
subsidiary of ING Group N.V., one of the world's largest financial services 
companies. As of September 30, 2012, the Sub-Advisor employed over 200 
investment professionals and had over $179 billion in total assets under 
management across all portfolios and strategies. The ING Senior Loan Group, a 
unit of the Sub-Advisor, which will manage the Portfolio, is located in 
Scottsdale, Arizona (with an additional office in London, UK), and consists of 
a team of 25 investment professionals and 21 support staff. The ING Senior 
Loan Group currently manages over U.S. $12.0 billion in assets that are 
substantially similar to the Senior Loan investments that it will manage for 
the Portfolio. Connor, Clark & Lunn Capital Markets Inc. will act as Manager 
of the Fund. The Manager is a leading provider of investment products, having 
raised approximately $2.3 billion in assets. 
The Units are being offered for sale by a syndicate of agents led by BMO 
Capital Markets and including CIBC, RBC Capital Markets, TD Securities Inc., 
GMP Securities L.P., National Bank Financial Inc., Scotiabank, Canaccord 
Genuity Corp., Macquarie Private Wealth Inc., Raymond James Ltd., Desjardins 
Securities Inc., Mackie Research Capital Corporation and Manulife Securities 
Inc. 
This offering is only made by prospectus. The prospectus contains important 
detailed information about the securities being offered. Copies of the 
prospectus may be obtained from any of the above-mentioned agents. Investors 
should read the prospectus before making an investment decision. 
For more information, please visitwww.cclcapitalmarkets.com or contact: 
Darren Cabral Vice President & CFO Connor, Clark & Lunn Capital Markets Inc. 
(416) 214-6182 or 1 (888) 276-2258 cclcapitalmarkets@cclgroup.com 
SOURCE: ING Diversified Floating Rate Senior Loan Fund 
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CO: ING Diversified Floating Rate Senior Loan Fund
ST: Ontario
NI: FIN NEWSTK FND FLOWS  
-0- Feb/28/2013 19:03 GMT