The Luxembourg domiciled fund is actively managed and seeks outperformance with reduced volatility and downside capture.
It aims to provide a dividend yield at least 1% higher than the MSCI Emerging Markets index, by focusing on "high quality stocks with a sustainable expected dividend yield".
The Ucits compliant fund will be managed by Manu Vandenbulck, senior investment manager, and Nicolas Simar, head of the high dividend team.
ING said their management strategy will seek to avoid the pitfalls of passively investing in the highest yeilding stocks, which can often be dividend traps, and focus on the fundamentals to inform future yield expectations.
Vandenbulck, said: "The exponential growth of emerging markets over the past decade shows no sign of stopping. Furthermore emerging market equities show almost double the earnings growth of developed markets – with lower valuations.
"Greater sales growth, stronger balance sheets and cheaper valuations underpin potential for outperformance, while higher dividend growth rates in emerging markets in the last decade are evidence of improving alignment with shareholders."
He added that the average dividend yield of 3.1% for emerging markets already compares favourably with 2.2% for US stocks and 2.4% for Japanese stocks.
