Hartford Equity Offering Gets New Name

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.

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