CIGNA Adds New Funds

February 5, 2001 ( - Six new institutional investment funds have been added to the CIGNA Charter Funds Family, the company announced Monday.

The new funds are:

  • a large cap growth fund, sub-advised by Dresdner RCM
  • a large cap balanced fund, sub-advised by Dresdner RCM
  • a small cap growth fund, sub-advised by Loomis Sayles
  • a small cap blend fund, sub-advised by Wentworth, Hauser and Violich
  • two separate small cap funds, sub-advised by Sterling Capital Management and Trust Company of the West.
    The addition of the six new funds brings a total of 22 separate funds under the Charter family fund umbrella.
    Each of the funds was selected for a variety of reasons:
  • style consistency
  • nominal and risk-adjusted returns
  • downside risk
  • tracking error
  • active management expertise
  • and the overall capabilities of the investment management firm.

The six new funds all ranked in the top-quartile of risk adjusted performance relative to their peers, according to Thomas Jones, president, CIGNA Retirement & Investment Services .

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