NU Online News Service, Dec. 7, 9:55 a.m. – ING DIRECT, Wilmington, Del., has launched a new investment product, the Orange Investment Account, consisting of six no-load, no-commission mutual funds: Index Plus Large Cap Fund; Index Plus Mid Cap Fund; Index Plus Small Cap Fund; Bond Fund; International Fund; and Technology Fund.

ING DIRECT is best known for its Orange Savings Account, a Web-based savings account program.

ING DIRECT is the operating name of ING Bank, a Web-based bank affiliated with the ING Groep N.V., Amsterdam.