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Wednesday, April 17, 2002|
The Hartford Adds Seven
The Hartford Mutual Funds added seven funds bringing the total number offered by the insurer to 28. The firm now claims $16 billion of assets in the funds, which were founded in 1996.
David N. Levenson, senior vice president of The Hartford Mutual Funds, explained that the new funds, which include 3 tax-exempt offerings, 3 growth funds and a value fund, will make it easier for shareholders to meet all of the needs under one roof.
"Investors need distinct choices that meet their individual investment objectives and risk tolerances," said Levenson in a statement. "The expansion of The Hartford Mutual Fund family, coupled with The Hartford Mutual Funds solid performance history, will give investors more options than ever before to help diversify their portfolios in line with their long term investment goals."
The new funds mark the final phase of the firm's integration of the Fortis Mutual Fund family. The insurers merged a year ago in April 2001.
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