Exhibit 11 [Form of Opinion] Dechert LLP 1775 I Street, N.W. Washington, D.C. 20006 December 1, 2004 Board of Trustees ING Funds Trust 7337 E. Doubletree Ranch Road Scottsdale, AZ 85258-2034 Re: ING Funds Trust, on behalf of ING Classic Money Market Fund Dear Ladies and Gentlemen: We have acted as counsel to ING Funds Trust, a Delaware statutory trust (the "Trust"), and we have a general familiarity with the Trust's business operations, practices and procedures. You have asked for our opinion regarding the issuance of shares of common stock by the Trust in connection with the acquisition by ING Classic Money Market Fund, a series of the Trust, of the assets of ING Lexington Money Market Trust ("Lexington Money Market Trust") and ING Money Market Fund, each a separate series of the Trust, which have been registered on a Form N-14 Registration Statement (the "Registration Statement") filed by the Trust with the U.S. Securities and Exchange Commission. We note that as of the date of this opinion, the Board of Trustees of the Trust has authorized for issuance unlimited Class A shares, unlimited Class B shares and unlimited Class C shares of ING Classic Money Market Fund. We have examined originals or certified copies, or copies otherwise identified to our satisfaction as being true copies, of various corporate records of the Trust and such other instruments, documents and records as we have deemed necessary in order to render this opinion. We have assumed the genuineness of all signatures, the authenticity of all documents examined by us and the correctness of all statements of fact contained in those documents. On the basis of, and subject to, the foregoing, it is our opinion that the authorized shares of common stock of ING Classic Money Market Fund registered under the Securities Act of 1933, as amended, in the Registration Statement have been duly authorized and will be legally and validly issued, fully paid and non-assessable upon transfer of the assets of Lexington Money Market Trust and ING Money Market Fund pursuant to the terms of the Agreement and Plan of Reorganization included in this Registration Statement. We hereby consent to use of this opinion as an exhibit to the Registration Statement and to all references to our firm therein. Very truly yours, /s/ Dechert