Mutual Funds From Hartford

by Owen Jones on December 17, 2011

The Hartford Financial Services Group, Inc. (NYSE: HIG) was founded in 1810. It has grown throughout its history to become one of the largest insurance and investment companies in the United States.

However, they also have global offices in numerous other parts of the world which assists them keep in touch with the global markets.

The forerunner to any investment decision always has to get homework and this is even more vital when it comes to long-term investment, which is exactly what investment in mutual funds is.

Not only that, but most mutual funds investment groups, including the Hartford Financial Services Group, have a portfolio of numerous mutual funds from which to choose.

The present economic crisis has proved to be a very hard time for mutual funds and investors.

According to Barron’s list of best mutual fund families in 2010, the group of funds at Hartford came in at number 31 with a weighted score of around 65% of that of the funds at the apex of the list.

This was obviously very disappointing for the Hartford investment managers and those who had invested their savings in them.

However, the firm is sure that it can reverse the fortunes of the Hartford investment group and make choosing to invest in one or several of their family of mutual funds a wise decision.

In order to make purchasing mutual funds simple for investors, there is lots of help on hand from agents and financial professionals on the Hartford website.

The first choice that you will have to make though, whether you go with one of Hartford’s mutual funds or not, is whether you are going to invest a lump sum or a monthly amount.

Next, you have to work out how much you are able to afford to invest. This is important not least because there is frequently a minimum investment.

Remember that saving for the future, particularly with stocks and shares and mutual funds is a medium to long term affair.

There will almost certainly be financial penalties if you remove your money before the termination of the plan.

Furthermore, weighty charges are usually levied on the early installments in order to cover fees for administration and advice. This is standard practice right through the business world of investment services.

Fees for joining Hartford’s mutual funds are not considerably different from joining any other of the top mutual funds.

Anyway, you ought to discuss fees with your financial adviser before you enter into any contract

It is a wise idea to study the literature that the company puts out about the group of Hartford’s mutual funds before you talk to your financial consultant or one of Hartford’s investment account managers. It is not wise to enter these discussions ‘blind’, as it were.

Luckily, Hartford’s web site provides lots of information on all of their mutual funds (and the other services they offer) so procuring the knowledge is not difficult

Hartford’s mutual funds could be a clever choice for recovery, because their group of funds has a decent long term history of sound investment, although they had a bad year in 2010, making them appear fairly cheap for high performing mutual funds.

Owen Jones, the author of this article, writes on a variety of topics, but is now involved with Hartford Mutual Funds. If you would like to know more, please go to our website at Mutual Funds

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