The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Two Hartford Funds Get Hitched Not Rated 5.0 Email Routing List Email & Route  Print Print
Wednesday, October 21, 2009

Two Hartford Funds Get Hitched

News summary by MFWire's editors

A Hartford mutual fund is losing opportunities -- but only from its name. A recent SEC filing reveals that the $257 million Hartford Value Opportunities HLS Fund will be folded into the $274 million Hartford Value HLS Fund, pending shareholder approval.

The Opportunities fund was the slightly cheaper fund, with a 65 basis points expense ratio for Class IA shares (90 for IB), which compares with 84 bps (109 for IB) for the Value HLS Fund. The combined fund will offer a 75 bps ratio (100 for IB). The discrepancies are almost all due to management fees.

Both to-be-merged funds are subadvised by Wellington Management.

Morningstar rates the two acquired share classes at three stars, and the two acquiring share classes are rated at five stars.

The shareholder vote will take place on January 26, 2010. 

Edited by: Adam Kommel

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2023: Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2023
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use