Get more! Sign up for PLANSPONSOR newsletters.
Hartford Equity Offering Has New Name
December 17, 2009 (PLANSPONSOR.com) – The Hartford Mutual Funds renamed its Global Equity Fund as The Hartford Global Research Fund.
The Hartford Global Research Fund, which is sub-advised by Wellington Management Company, LLP, seeks long term capital appreciation by outperforming the MSCI All-Country World Index through investing primarily in equity securities of companies in a broad range of countries, industries and market capitalizations worldwide.
“The Hartford Global Research Fund is a collection of stock ideas from Wellington Management’s global industry analysts and the fund’s new name emphasizes the analyst-driven, proprietary research approach,” said Keith Sloane, senior vice president of The Hartford Mutual Funds, in the announcement. “The fund may be a good choice for advisers looking to diversify abroad, while still investing domestically, and it gives investors access to Wellington Management’s superior research skills.”
The
Hartford Global Research Fund has the flexibility to invest anywhere it sees
opportunity across the globe regardless of country and market capitalization, the company said.
In addition to being renamed, the fees and expenses for all share classes
were reduced as of November 1, 2009. The fund continues to be managed by Mark
Mandel and Cheryl Duckworth.
You Might Also Like:
Total US Retirement Assets Climb to $40T
SEC Backs Down on Swing Pricing
CIT Target-Date Assets Surpass Mutual Funds for 1st Time
« CalPERS Votes to Support Requiring Placement Agents to Register as Lobbyists