Hartford Investments Canada Corp.

Hartford Investments Canada Corp.

May 04, 2010 15:33 ET

Media Release: Hartford Investments Announces Management Fee Reductions

TORONTO, ONTARIO--(Marketwire - May 4, 2010) - Hartford Investments Canada Corp. ("Hartford Investments"), manager of Hartford Mutual Funds announced today that effective May 17, 2010 it will reduce the management fee portion of total management expense ratios on Series A and Series T(A) units of select Hartford Mutual Funds.

Management fee reductions will be as follows:

  • Hartford Conservative Portfolio, Series A and Series T(A) units will be reduced to 1.75 percent from 1.90 percent.
  • Hartford Balanced Portfolio, Hartford Balanced Growth Portfolio and Hartford Growth Portfolio, Series A and Series T(A) units will be reduced to 2.00 percent from 2.15 percent.
  • Hartford U.S. Stock Fund and Hartford Canadian Dividend Growth Fund, Series A units will be reduced to 2.00 percent from 2.15 percent.
  • Hartford Capital Appreciation Fund, Hartford Global Leaders Fund, Hartford International Equity Fund, Hartford U.S. Dividend Growth Fund, Hartford Canadian Dividend Fund, Hartford Canadian Stock Fund, Hartford Canadian Value Fund, Hartford Canadian Balanced Fund and Hartford Global Balanced Fund, Series A and Series T(A) units will be reduced to 2.00 percent from 2.15 percent.

Hartford Investments: Hartford Investments was founded in 2000 and is an indirect wholly owned subsidiary of The Hartford Financial Services Group, Inc. ("The Hartford"). The Hartford (NYSE:HIG) is an insurance and wealth management company. Through its unique focus on customer needs, the company serves businesses and consumers by providing the products and solutions they need to protect their assets and income from risks and manage their wealth and retirement needs. A Fortune 100 company, The Hartford is recognized widely for its service expertise and as one of the world's most ethical companies. With over $1.4 billion in assets under management as of December 2009, Hartford Investments currently offers a suite of 18 mutual funds, namely, Hartford Capital Appreciation Fund, Hartford Global Leaders Fund, Hartford International Equity Fund, Hartford U.S. Stock Fund, Hartford U.S. Dividend Growth Fund, Hartford Canadian Stock Fund, Hartford Canadian Value Fund, Hartford Canadian Dividend Growth Fund, Hartford Canadian Dividend Fund, Hartford Global Balanced Fund, Hartford Canadian Balanced Fund, Hartford Canadian Bond Fund, Hartford Global High Income Fund, Hartford Canadian Money Market Fund, Hartford Growth Portfolio, Hartford Balanced Growth Portfolio, Hartford Balanced Portfolio, and Hartford Conservative Portfolio, each of which is a reporting issuer in all of the provinces and territories in Canada.

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