Award-winning manager's partnership with Black Creek's Bill Kanko
creates formidable global equity expertise for Hartford Mutual Funds
TORONTO, Sept. 30 /CNW/ - Hartford Investments Canada Corp. ("Hartford
Investments"), the manager of Hartford Mutual Funds, has expanded its funds
sub-advised by Black Creek Investment Management Inc. ("Black Creek") with the
introduction of Hartford International Equity Fund. Award-winning portfolio
manager Richard Jenkins is lead manager of the fund. Mr. Jenkins has also been
named lead manager of global equities on Hartford Global Balanced Fund. Black
Creek founder Bill Kanko will continue to be lead manager of Hartford Global
Leaders Fund and will support Mr. Jenkins on Hartford International Equity
Fund and Hartford Global Balanced Fund.
"Having Richard and Bill working together really strengthens our global
solutions for investors," said Laurie Davis, President of Hartford
Investments. "The timing couldn't be better for Canadians looking to diversify
their portfolios with experienced, proven investment managers."
Hartford International Equity Fund's investment objective is to seek
long-term capital growth by investing primarily in equity securities of
companies located outside of Canada and the U.S. The fund may invest in small,
medium and large companies located in developed and emerging markets. Under
this broad mandate, Mr. Jenkins will seek the best companies regardless of
sector or market capitalization.
Mr. Jenkins joined Black Creek on July 1, 2008. Born in Edmonton, he
began his career as an investment analyst in 1986. From 1994 to 2008, Mr.
Jenkins worked at AIM Trimark (now Invesco Trimark) where he was lead manager
for a number of mutual funds including: Trimark Select Growth Fund; Trimark
Europlus Fund, which under his tenure won Best European Equity Fund at the
2004 Canadian Investment Awards; and Trimark Global Balanced Fund, winner of
the Global Balanced Fund of the Year for three straight years (2004-2006).
Full details regarding Hartford International Equity Fund are contained
in the fund's simplified prospectus dated September 25, 2008.
Hartford Investments: Hartford Investments was founded in 2000 and is an
indirect wholly owned subsidiary of The Hartford Financial Services Group,
Inc. a leading global provider of investment products, life insurance and
group benefits. With over $1 billion in assets under management as of
August 31, 2008, Hartford Investments currently offers a suite of 14 mutual
funds, namely, Hartford Capital Appreciation Fund, Hartford Global Leaders
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 and Hartford
International Equity Fund, each of which is a reporting issuer in all of the
Canadian provinces and territories.
Black Creek Investment Management Inc.: Founded in 2004 by global equity
pioneer Bill Kanko, Black Creek manages retail mutual funds offered
exclusively through Hartford Investments. Managing Director Richard Jenkins
joined the firm as co-owner in July 2008. Black Creek is structured to support
a long-term focus on investment success.
Hartford Investment Management Company: Hartford Investment Management is
one of the largest fixed income managers in North America. Experts in
Canadian, U.S. and global fixed income investing, Hartford Investment
Management Company manages assets for institutional, insurance and retail
mutual fund clients.
For further information:
For further information: Mary Taylor, Senior Vice-President, Marketing,
Product and Key Accounts, Hartford Investments, (416) 306-6085,
firstname.lastname@example.org; David Rutherford, Vice-President,
Marketing, Hartford Investments, (416) 306-6084,