TORONTO, Jan. 31 /CNW/ - Hartford Investments Canada today launched a new
fund designed to provide risk-averse investors with a balanced approach to
global investing, under the leadership of world-class portfolio managers.
Hartford Canada also announced the introduction of an automatic bump-up to the
advisor trail commission upon expiry of its deferred sales charge schedule.
The new Hartford Global Balanced Fund is co-managed by Bill Kanko,
President of Black Creek Investment Management Inc. and Portfolio Manager to
Hartford Global Leaders Fund; Robert Crusha, Vice President of Hartford
Investment Management and Portfolio Manager to Hartford Canadian Money Market
Fund and Hartford Canadian Bond Fund; Raymond Uy, Vice President of Hartford
Investment Management and co-manager of Hartford Canadian Bond Fund.
Kanko will manage the equity portion of Hartford Global Balanced Fund,
while Crusha and Uy will share leadership responsibilities for the fund's
fixed income portion. Together, they will employ a collaborative approach to
the Fund's asset allocation.
"A global balanced fund is an ideal portfolio solution for investors
looking to diversify outside Canada: it emphasizes a stable and consistent
investment approach through the combined leadership of seasoned money
management," said Laurie Davis, President, Hartford Canada. "Hartford Global
Balanced Fund leverages Bill Kanko's proven track record of success in global
equity, and pairs it with fixed income experts Hartford Investment Management,
with assets of more than $300B U.S. and more than 100 investment
Hartford Canada also announced an automatic trail increase upon expiry of
its deferred sales charge schedule on Class B units. The maximum annual
service fee rate will increase from the current 0.50% to 1.00%.
Hartford Investments Canada was founded in 2000 and is a wholly-owned
subsidiary of The Hartford, a leading global provider of investment products,
life insurance and group benefits. With almost $700M in assets under
management, Hartford Canada offers a suite of 12 mutual funds distinguished by
their core investment approach and superior portfolio management. Sub-advisory
partnerships include Beutel, Goodman & Company Ltd., Black Creek Investment
Management Inc., Greystone Managed Investments, Inc., Hartford Investment
Management Company and Wellington Management Company. Hartford Canada is on
the web at www.hartfordinvestments.ca.
For further information:
For further information: Mary Taylor, Senior Vice-President, Marketing
and Products of Hartford Investments Canada at (416) 306-6085