This document provides information about mutual funds, including:
1) Mutual funds pool money from many investors and invest in stocks, bonds, or cash, with varying levels of risk depending on the fund's portfolio. Investors can purchase shares with different pricing arrangements.
2) Mutual funds have fees and expenses that will reduce returns, including management fees, sales charges, and annual expenses. Shares can generally be sold at any time at their current market value. Mutual fund investments outside of retirement plans are subject to tax.
3) The document discusses risks associated with stocks, bonds, foreign and international investments, and provides historical examples of asset class returns and the benefits of diversification.
The document discusses the benefits of investing, including pursuing goals, adding to savings, and taking control. It provides examples showing how $10,000 investments in stocks, bonds, and money markets grew over 20 years, with stocks providing the highest returns despite also carrying higher risk. The document advocates developing a long-term investment plan that balances risk and potential returns through regular investing and diversification.
Personal Financial Intelligence by Uwamai Igeinuwade
The document discusses personal financial intelligence and adopting good savings habits. It defines key financial concepts like assets, liabilities, income statements, balance sheets, stocks, bonds and mutual funds. It emphasizes that the wealthy focus on accumulating assets that generate passive income, while the middle class focuses on income. The document provides tips for saving like spending less than you earn, rewarding yourself for meeting savings goals, and educating yourself on personal finance. It includes 4 illustrations showing how savings can grow substantially over 10 years with monthly contributions and compound interest.
This document provides information about financial planning and investments. It discusses the importance of having liquid reserves, different types of investments including fixed and variable options, and factors to consider like risk, return, and taxes. It also covers retirement planning, comparing qualified versus non-qualified options, and how to structure investments for a tax-favored alternative retirement plan using universal life insurance. The key ideas are financial security, diversification, and maximizing returns while minimizing taxes and risks.
The NYSE World Leaders Index combines the NYSE U.S. 100 and NYSE International 100 Indexes to form a global index of 200 stocks. It includes 100 of the largest U.S. stocks and 100 of the largest foreign stocks listed on the New York Stock Exchange, representing over $11 trillion in total market capitalization. The index provides geographic and sector diversification through a single investment and benefits from the NYSE's high listing standards and transparent methodology.
This document provides practice questions and answers related to valuing bonds. Specifically:
- It gives the calculations for determining the present value of various bonds with different coupon rates, payment frequencies, yields, and maturity dates.
- Tables show the effect of changing interest rates on the price of a bond over time.
- Questions ask the reader to calculate bond prices based on yields, determine if the expectations hypothesis holds based on changing forward rates, and compare the attractiveness of bonds with different coupons but the same yields.
- Duration and convexity are calculated for bonds to determine which has the highest risk given a rising yield curve. The relationship between bond prices and yields is examined.
In summary,
The document discusses key bond terminology including face value, coupon, coupon rate, bond price, bond yield, and current yield. It provides examples of how to calculate the price of a bond given its coupon rate, face value, maturity date, and required yield. It also discusses how bond prices are affected by changes in interest rates, bond yields, credit risk, and bond ratings.
- The document provides monthly, quarterly, annual, and long-term performance data for major US and international indices from 2015 to the present.
- In December, most US indices had small gains or losses around 1% or less, while international indices like MSCI Emerging Markets had larger losses around 2-4%.
- Over the past year, US indices like the S&P 500 and Dow Jones returned around 1-2% while international indices had smaller gains or losses in the 2-4% range.
- Long term, US indices have averaged annual returns of 7-15% over periods of 5-15 years, compared to smaller gains for international indices over the same periods.
This document discusses strategies for building better retirement portfolios. It outlines risks retirees face like inflation, longevity, lifestyle changes, and market volatility. Traditional fixed income approaches are unlikely to hedge inflation well. Instead, it recommends a total return portfolio strategy using a mix of stocks, bonds, and cash to potentially provide higher returns, manage withdrawals, and reduce volatility through diversification. Maintaining cash reserves and periodically rebalancing can help generate steady income and manage emotions.
The document discusses the benefits of investing, including pursuing goals, adding to savings, and taking control. It provides examples showing how $10,000 investments in stocks, bonds, and money markets grew over 20 years, with stocks providing the highest returns despite also carrying higher risk. The document advocates developing a long-term investment plan that balances risk and potential returns through regular investing and diversification.
Personal Financial Intelligence by Uwamai Igeinuwade
The document discusses personal financial intelligence and adopting good savings habits. It defines key financial concepts like assets, liabilities, income statements, balance sheets, stocks, bonds and mutual funds. It emphasizes that the wealthy focus on accumulating assets that generate passive income, while the middle class focuses on income. The document provides tips for saving like spending less than you earn, rewarding yourself for meeting savings goals, and educating yourself on personal finance. It includes 4 illustrations showing how savings can grow substantially over 10 years with monthly contributions and compound interest.
This document provides information about financial planning and investments. It discusses the importance of having liquid reserves, different types of investments including fixed and variable options, and factors to consider like risk, return, and taxes. It also covers retirement planning, comparing qualified versus non-qualified options, and how to structure investments for a tax-favored alternative retirement plan using universal life insurance. The key ideas are financial security, diversification, and maximizing returns while minimizing taxes and risks.
The NYSE World Leaders Index combines the NYSE U.S. 100 and NYSE International 100 Indexes to form a global index of 200 stocks. It includes 100 of the largest U.S. stocks and 100 of the largest foreign stocks listed on the New York Stock Exchange, representing over $11 trillion in total market capitalization. The index provides geographic and sector diversification through a single investment and benefits from the NYSE's high listing standards and transparent methodology.
This document provides practice questions and answers related to valuing bonds. Specifically:
- It gives the calculations for determining the present value of various bonds with different coupon rates, payment frequencies, yields, and maturity dates.
- Tables show the effect of changing interest rates on the price of a bond over time.
- Questions ask the reader to calculate bond prices based on yields, determine if the expectations hypothesis holds based on changing forward rates, and compare the attractiveness of bonds with different coupons but the same yields.
- Duration and convexity are calculated for bonds to determine which has the highest risk given a rising yield curve. The relationship between bond prices and yields is examined.
In summary,
The document discusses key bond terminology including face value, coupon, coupon rate, bond price, bond yield, and current yield. It provides examples of how to calculate the price of a bond given its coupon rate, face value, maturity date, and required yield. It also discusses how bond prices are affected by changes in interest rates, bond yields, credit risk, and bond ratings.
- The document provides monthly, quarterly, annual, and long-term performance data for major US and international indices from 2015 to the present.
- In December, most US indices had small gains or losses around 1% or less, while international indices like MSCI Emerging Markets had larger losses around 2-4%.
- Over the past year, US indices like the S&P 500 and Dow Jones returned around 1-2% while international indices had smaller gains or losses in the 2-4% range.
- Long term, US indices have averaged annual returns of 7-15% over periods of 5-15 years, compared to smaller gains for international indices over the same periods.
This document discusses strategies for building better retirement portfolios. It outlines risks retirees face like inflation, longevity, lifestyle changes, and market volatility. Traditional fixed income approaches are unlikely to hedge inflation well. Instead, it recommends a total return portfolio strategy using a mix of stocks, bonds, and cash to potentially provide higher returns, manage withdrawals, and reduce volatility through diversification. Maintaining cash reserves and periodically rebalancing can help generate steady income and manage emotions.
More than a third of Canadians have withdrawn funds from their retirement savings plans, which could significantly impact their retirement. Reasons for withdrawals include buying a home, paying down debt, and covering day-to-day expenses. However, withdrawals deplete retirement savings and it is important to continue regular contributions. The article proposes a strategy to transfer funds from RRSPs to non-registered accounts in order to reduce taxes, allowing investments to grow more. Moving from fully taxable RRSPs to partially taxable non-registered accounts could substantially increase retirement savings over time.
Sovereign Bancorp reported a net loss of $982 million or $1.48 per share for Q3 2008. This included impairment charges of $575 million on preferred stock and $602 million loss from selling its CDO portfolio. Excluding these losses, net income was $41.3 million. Key highlights included remaining well capitalized, $11.8 billion in unused borrowing capacity, stable net interest margin, and increased allowance for credit losses to 1.79% of total loans.
The document discusses financial planning for the City of The Dalles wastewater system. It presents three rate scenarios to generate sufficient revenue through 2023. Scenario 1 requires large periodic rate increases. Scenario 2 smooths increases to 6.78% annually. Scenario 3 adds debt and increases rates 3.44% annually. It also recommends increasing system development charges from $1,789 to $2,572 per customer to fund capital improvements from new development.
The document discusses various time value of money concepts including future and present value, compound interest, annuities, loan amortization, and effective interest rates. It provides examples and formulas for calculating things like future value, present value, interest rates, loan payments, and more. Tables are included showing factors for various interest rates and time periods.
The document discusses how relying solely on average returns can be misleading for investors and retirement planning. It notes that actual investment returns vary significantly year-to-year and may be far above or below the long-term average. As a result, retirement plans based only on average returns have a significant chance of failure. The document advocates using tools like Monte Carlo simulations that account for return variability to minimize uncertainty and maximize the chances of achieving retirement goals.
Venture Capital Fundraising Levels Fall Below $1 Billion In First Quarter O...mensa25
Venture capital fundraising fell below $1 billion in the first quarter of 2003, with only 22 funds raising $996.1 million compared to 42 funds raising $1.7 billion in the previous quarter. Industry experts expect fundraising to remain low as venture capital firms continue to invest from existing reserves of $80 billion. Similarly, buyout and mezzanine funds saw lower levels of activity, with 13 funds raising $1.049 billion in the first quarter of 2003 compared to 21 funds raising $4.294 billion in the previous quarter.
Moneyweb Investment Seminars - Peter Majormoneyweb
Volatility provides opportunities rather than representing risk alone. It allows multiple chances to gain from price movements by magnifying returns through leverage, though it also magnifies losses. While some assets like cash and bonds have relatively low historic volatility, equities and property have exhibited higher volatility but also higher long-term returns over periods of 20 years or more. Successful investing requires understanding how macroeconomic factors influence different asset classes in order to identify assets priced outside their norms and adjust allocations accordingly based on goals, rather than following the general market. Performance is the ultimate measure of an investment, not promises or explanations.
Alexander Company had $1.2 million in notes payable as of December 31, 2012. $900,000 of the notes were refinanced on their due date of February 2, 2013 through the issuance of common stock. The remaining $300,000 was paid using current assets. The $900,000 amount is presented as long-term debt since it was refinanced, while the $300,000 is shown as a current liability since it was paid shortly after the balance sheet date.
United Health Group [PDF Document] UnitedHealth Group Financial Reviewfinance3
This document provides an overview of UnitedHealth Group's financial performance in 2004. Key points include:
- Revenues increased 29% to $37.2 billion, driven by acquisitions as well as 8% organic revenue growth.
- Net earnings increased 42% to $2.6 billion and operating cash flows grew 38% to $4.1 billion.
- The medical care ratio improved slightly to 80.6% due to premium rate increases slightly outpacing medical cost growth.
- Earnings from operations grew 40% to over $4.1 billion, with all business segments showing growth.
The document summarizes Regions Financial Corporation's financial results for the third quarter of 2008. Key points include:
- Earnings per share were $0.11, or $0.15 excluding charges. The results were impacted by a large loan loss provision and interest margin reduction.
- Focus on disposing problem loans drove increased charge-offs but stabilized non-performing assets.
- A tax settlement reduced net interest margin by 26 basis points for the quarter. Deposit disintermediation also impacted margins.
- Expenses were well-controlled despite increased costs to sell foreclosed properties. The company intends to participate in the Treasury capital purchase program to further strengthen its capital position.
- The document discusses historical data on bear markets, corrections, and business cycles since the late 19th century. It finds that on average, corrections occur every 2.9 years with a 12.3% loss, while bear markets occur every 5.1 years with a 36.3% average loss.
- It also examines stock market performance around recessions and recoveries, finding that stocks typically bottom 1-7 months before the economy and that recoveries are "front loaded" in the first year after a recession low.
- The document advocates diversification and asset allocation as ways to reduce risk and increase returns, citing data showing portfolios with a mix of stocks and bonds experienced higher returns and lower volatility than 100
As an investor having a good understanding of the principles of investing can help one achieve their financial goals. This presentation will look at the principles of compounding, rebalancing, market timing, risk reduction, and inflation.
Zurich Life Investment Principles document makes the following key points in 3 sentences:
1) Relying solely on Mandatory Provident Fund benefits for retirement may not provide sufficient income, as contributions starting at age 25 only provide 4 years' worth of income, age 40 provides 2.5 years, and age 55 provides 1 year.
2) Long-term investments of $2,000 per month can significantly grow over 30 years, with returns of 3% yielding over $1 million, 6% over $1.9 million, and 9% over $3.4 million.
3) Beginning investments earlier through dollar cost averaging reduces risk by purchasing more shares when prices are low and fewer
This document contains information about Bernie Madoff, who was born in 1932. He established Bernard L. Madoff Investment Securities LLC in 1960. The company became famous in the 1980s for consistently high returns of 10% or more. However, it was revealed in December 2008 that the returns were part of an elaborate Ponzi scheme that had been operating since the 1970s. The total amount lost in the scam was estimated to be $17 billion.
Thirty-two venture capital funds raised $1.63 billion in the second quarter of 2003, a slight increase from the first quarter. Venture capital firms also reduced commitments from limited partners by $287.7 million, the second lowest reduction since 2002, suggesting the industry is stabilizing. While venture capital fundraising increased slightly, buyout and mezzanine funds saw a decrease, with 16 funds raising $1.29 billion in the second quarter, a 58% decrease from the previous quarter.
This document analyzes an investment portfolio over 14 weeks from January 30, 2009 to May 1, 2009. The portfolio was managed with the goal of preserving capital given the economic recession. Key points:
- The portfolio was diversified across stocks, mutual funds, bonds, bills and held some cash. Individual securities like GE, McDonald's and Family Dollar were chosen for their lower beta and defensive nature.
- The portfolio beta was approximately 0.3, much lower than the market beta of 1, indicating it would be less volatile.
- The portfolio largely preserved capital, declining only 3.07% while the market rose 7.18%. The low beta strategy helped meet the goal of capital preservation in the volatile
- The document discusses the benefits of starting a Systematic Investment Plan (SIP) early in life to take advantage of compounding returns over a long period of time.
- It shows that an individual investing Rs. 5,000 per month starting at age 25 could accumulate over Rs. 27 crores by retirement at age 60, assuming an annual investment increase of 5% and 20% annual returns.
- In contrast, someone starting later at age 40 would only accumulate around Rs. 4.9 crores despite investing a higher monthly amount of Rs. 15,000, highlighting the power of starting early.
How do investors achieve financial freedom? How do you establish your financial goals? Understand the benefits of diversification and following an asset allocation strategy.
www.Quantumamc.com
Rethink The Way You Invest Wealth Smart Versionvetter
This document discusses 10 key principles for a better investment experience. It begins by outlining principles related to understanding markets and knowing yourself as an investor. It emphasizes letting markets work for you through diversification and long-term investing. The document then discusses principles around harnessing the power of markets, such as holding multiple asset classes and keeping costs low. Overall, the principles promote passive, diversified, low-cost investing aligned with one's goals and risk tolerance.
This document provides a summary of investment returns for various asset classes from 1926-2013. It shows that small cap value stocks had the highest returns, followed by large cap value stocks and small cap stocks. US and international stocks generally outperformed bonds and bills. It emphasizes the benefits of diversification across asset classes and geographic regions.
Why You Should Invest In The Market ShortLisa Brugman
This document provides an overview of investing basics for women, including:
1) It outlines the agenda which includes investment basics like stocks, bonds, mutual funds and annuities as well as why investing in the market is important.
2) It discusses how stocks, bonds, and mutual funds can help women achieve their financial goals like retirement, and how investing early and consistently can make a significant difference over the long run.
3) It emphasizes that maintaining a balanced portfolio with both stocks and bonds tailored to one's goals, timeframe, and risk tolerance is important for successful investing.
More than a third of Canadians have withdrawn funds from their retirement savings plans, which could significantly impact their retirement. Reasons for withdrawals include buying a home, paying down debt, and covering day-to-day expenses. However, withdrawals deplete retirement savings and it is important to continue regular contributions. The article proposes a strategy to transfer funds from RRSPs to non-registered accounts in order to reduce taxes, allowing investments to grow more. Moving from fully taxable RRSPs to partially taxable non-registered accounts could substantially increase retirement savings over time.
Sovereign Bancorp reported a net loss of $982 million or $1.48 per share for Q3 2008. This included impairment charges of $575 million on preferred stock and $602 million loss from selling its CDO portfolio. Excluding these losses, net income was $41.3 million. Key highlights included remaining well capitalized, $11.8 billion in unused borrowing capacity, stable net interest margin, and increased allowance for credit losses to 1.79% of total loans.
The document discusses financial planning for the City of The Dalles wastewater system. It presents three rate scenarios to generate sufficient revenue through 2023. Scenario 1 requires large periodic rate increases. Scenario 2 smooths increases to 6.78% annually. Scenario 3 adds debt and increases rates 3.44% annually. It also recommends increasing system development charges from $1,789 to $2,572 per customer to fund capital improvements from new development.
The document discusses various time value of money concepts including future and present value, compound interest, annuities, loan amortization, and effective interest rates. It provides examples and formulas for calculating things like future value, present value, interest rates, loan payments, and more. Tables are included showing factors for various interest rates and time periods.
The document discusses how relying solely on average returns can be misleading for investors and retirement planning. It notes that actual investment returns vary significantly year-to-year and may be far above or below the long-term average. As a result, retirement plans based only on average returns have a significant chance of failure. The document advocates using tools like Monte Carlo simulations that account for return variability to minimize uncertainty and maximize the chances of achieving retirement goals.
Venture Capital Fundraising Levels Fall Below $1 Billion In First Quarter O...mensa25
Venture capital fundraising fell below $1 billion in the first quarter of 2003, with only 22 funds raising $996.1 million compared to 42 funds raising $1.7 billion in the previous quarter. Industry experts expect fundraising to remain low as venture capital firms continue to invest from existing reserves of $80 billion. Similarly, buyout and mezzanine funds saw lower levels of activity, with 13 funds raising $1.049 billion in the first quarter of 2003 compared to 21 funds raising $4.294 billion in the previous quarter.
Moneyweb Investment Seminars - Peter Majormoneyweb
Volatility provides opportunities rather than representing risk alone. It allows multiple chances to gain from price movements by magnifying returns through leverage, though it also magnifies losses. While some assets like cash and bonds have relatively low historic volatility, equities and property have exhibited higher volatility but also higher long-term returns over periods of 20 years or more. Successful investing requires understanding how macroeconomic factors influence different asset classes in order to identify assets priced outside their norms and adjust allocations accordingly based on goals, rather than following the general market. Performance is the ultimate measure of an investment, not promises or explanations.
Alexander Company had $1.2 million in notes payable as of December 31, 2012. $900,000 of the notes were refinanced on their due date of February 2, 2013 through the issuance of common stock. The remaining $300,000 was paid using current assets. The $900,000 amount is presented as long-term debt since it was refinanced, while the $300,000 is shown as a current liability since it was paid shortly after the balance sheet date.
United Health Group [PDF Document] UnitedHealth Group Financial Reviewfinance3
This document provides an overview of UnitedHealth Group's financial performance in 2004. Key points include:
- Revenues increased 29% to $37.2 billion, driven by acquisitions as well as 8% organic revenue growth.
- Net earnings increased 42% to $2.6 billion and operating cash flows grew 38% to $4.1 billion.
- The medical care ratio improved slightly to 80.6% due to premium rate increases slightly outpacing medical cost growth.
- Earnings from operations grew 40% to over $4.1 billion, with all business segments showing growth.
The document summarizes Regions Financial Corporation's financial results for the third quarter of 2008. Key points include:
- Earnings per share were $0.11, or $0.15 excluding charges. The results were impacted by a large loan loss provision and interest margin reduction.
- Focus on disposing problem loans drove increased charge-offs but stabilized non-performing assets.
- A tax settlement reduced net interest margin by 26 basis points for the quarter. Deposit disintermediation also impacted margins.
- Expenses were well-controlled despite increased costs to sell foreclosed properties. The company intends to participate in the Treasury capital purchase program to further strengthen its capital position.
- The document discusses historical data on bear markets, corrections, and business cycles since the late 19th century. It finds that on average, corrections occur every 2.9 years with a 12.3% loss, while bear markets occur every 5.1 years with a 36.3% average loss.
- It also examines stock market performance around recessions and recoveries, finding that stocks typically bottom 1-7 months before the economy and that recoveries are "front loaded" in the first year after a recession low.
- The document advocates diversification and asset allocation as ways to reduce risk and increase returns, citing data showing portfolios with a mix of stocks and bonds experienced higher returns and lower volatility than 100
As an investor having a good understanding of the principles of investing can help one achieve their financial goals. This presentation will look at the principles of compounding, rebalancing, market timing, risk reduction, and inflation.
Zurich Life Investment Principles document makes the following key points in 3 sentences:
1) Relying solely on Mandatory Provident Fund benefits for retirement may not provide sufficient income, as contributions starting at age 25 only provide 4 years' worth of income, age 40 provides 2.5 years, and age 55 provides 1 year.
2) Long-term investments of $2,000 per month can significantly grow over 30 years, with returns of 3% yielding over $1 million, 6% over $1.9 million, and 9% over $3.4 million.
3) Beginning investments earlier through dollar cost averaging reduces risk by purchasing more shares when prices are low and fewer
This document contains information about Bernie Madoff, who was born in 1932. He established Bernard L. Madoff Investment Securities LLC in 1960. The company became famous in the 1980s for consistently high returns of 10% or more. However, it was revealed in December 2008 that the returns were part of an elaborate Ponzi scheme that had been operating since the 1970s. The total amount lost in the scam was estimated to be $17 billion.
Thirty-two venture capital funds raised $1.63 billion in the second quarter of 2003, a slight increase from the first quarter. Venture capital firms also reduced commitments from limited partners by $287.7 million, the second lowest reduction since 2002, suggesting the industry is stabilizing. While venture capital fundraising increased slightly, buyout and mezzanine funds saw a decrease, with 16 funds raising $1.29 billion in the second quarter, a 58% decrease from the previous quarter.
This document analyzes an investment portfolio over 14 weeks from January 30, 2009 to May 1, 2009. The portfolio was managed with the goal of preserving capital given the economic recession. Key points:
- The portfolio was diversified across stocks, mutual funds, bonds, bills and held some cash. Individual securities like GE, McDonald's and Family Dollar were chosen for their lower beta and defensive nature.
- The portfolio beta was approximately 0.3, much lower than the market beta of 1, indicating it would be less volatile.
- The portfolio largely preserved capital, declining only 3.07% while the market rose 7.18%. The low beta strategy helped meet the goal of capital preservation in the volatile
- The document discusses the benefits of starting a Systematic Investment Plan (SIP) early in life to take advantage of compounding returns over a long period of time.
- It shows that an individual investing Rs. 5,000 per month starting at age 25 could accumulate over Rs. 27 crores by retirement at age 60, assuming an annual investment increase of 5% and 20% annual returns.
- In contrast, someone starting later at age 40 would only accumulate around Rs. 4.9 crores despite investing a higher monthly amount of Rs. 15,000, highlighting the power of starting early.
How do investors achieve financial freedom? How do you establish your financial goals? Understand the benefits of diversification and following an asset allocation strategy.
www.Quantumamc.com
Rethink The Way You Invest Wealth Smart Versionvetter
This document discusses 10 key principles for a better investment experience. It begins by outlining principles related to understanding markets and knowing yourself as an investor. It emphasizes letting markets work for you through diversification and long-term investing. The document then discusses principles around harnessing the power of markets, such as holding multiple asset classes and keeping costs low. Overall, the principles promote passive, diversified, low-cost investing aligned with one's goals and risk tolerance.
This document provides a summary of investment returns for various asset classes from 1926-2013. It shows that small cap value stocks had the highest returns, followed by large cap value stocks and small cap stocks. US and international stocks generally outperformed bonds and bills. It emphasizes the benefits of diversification across asset classes and geographic regions.
Why You Should Invest In The Market ShortLisa Brugman
This document provides an overview of investing basics for women, including:
1) It outlines the agenda which includes investment basics like stocks, bonds, mutual funds and annuities as well as why investing in the market is important.
2) It discusses how stocks, bonds, and mutual funds can help women achieve their financial goals like retirement, and how investing early and consistently can make a significant difference over the long run.
3) It emphasizes that maintaining a balanced portfolio with both stocks and bonds tailored to one's goals, timeframe, and risk tolerance is important for successful investing.
World market index declines and subsequent growthmcclainlovejoy
The document presents charts showing the growth of a $1,000,000 portfolio invested in the MSCI World Index from 1970-2014. It shows that over various 5-year periods, the portfolio value increased substantially despite short-term declines and market volatility, illustrating the benefits of long-term investing. Additional charts paired with headlines from the time are included to demonstrate that daily news events should not be the sole basis for investment decisions.
The document discusses portfolio diversification and asset allocation. It explains that asset allocation is the process of combining different asset classes like stocks, bonds, and cash to meet investment goals. Diversifying across asset classes can help lower risk and increase returns. The document provides examples showing how diversified portfolios performed better than non-diversified portfolios during market downturns.
This document provides an overview and agenda for a presentation on successful planning strategies for life and investments. It discusses Barry Mendelson's background and experience in financial services. It also summarizes Just Plans Etc., the firm he founded, which provides financial planning and investment management. The presentation agenda covers investment planning, personal planning, and charitable giving strategies.
The document discusses several key principles for achieving a better investment experience:
1. Understand that markets reward risk over the long run, and different asset classes like small caps and value stocks have offered higher returns than fixed income.
2. Riskier assets like small caps and value stocks have exhibited higher returns globally, demonstrating that size and price are systematic risk factors rewarded by the market.
3. Most active managers underperform their benchmarks, so investors are better off minimizing costs and capturing risk factors through low-cost, diversified portfolios.
4. Holding multiple asset classes from different markets increases diversification and reduces volatility, as the annual returns of different investments vary considerably year to year.
Every day I hear from people that the stock market is a bad investment because of the volatile nature. Yes the stock market is volatile but over the long term we can see the true nature of investing in stocks and bonds.
- The document provides monthly, quarterly, annual, and long-term performance data for major US and international indices from 2015-2016.
- In December 2015, the S&P 500 rose 1.38% while most other US indices fell, and international indices like the MSCI Emerging Markets fell over 16%.
- Over the past year, five years, and longer periods, US indices generally saw returns of 1-2% annually while international indices saw lower or negative returns.
- Sector performance varied significantly with utilities falling nearly 5% in December but rising over 6% in the past year, while growth stocks outperformed value.
- The document provides monthly, quarterly, annual, and long-term performance data for major US and international stock market indices from 2015 through the present.
- In December, most US indices had small losses around 1-2% while international indices like MSCI Emerging Markets lost around 17%.
- Over the past year, US indices like the S&P 500 gained around 1-2% while international indices gained less or lost value.
- Long-term returns over 5, 10, and 15 years show US indices averaging annual returns of 5-8% while international markets gained less.
This seminar\'s original version became part of the template for Prudential Securities coordinated marketing programs. Participating brokers saw an increase in business that was three times the firm average.
This document summarizes key concepts from a presentation on investing myths and truths. It discusses four common investing myths: stock picking ability, using past performance to predict future returns, market timing, and overlooking costs. It then introduces the concept of free market portfolio theory as an evidence-based alternative grounded in decades of academic research. Free market portfolio theory incorporates the ideas that free markets generally price assets correctly, modern portfolio theory principles of diversification, and the three-factor model for explaining returns.
1) John W. Snow resigned as Chairman and CEO of CSX Corporation to become Secretary of the Treasury under President George W. Bush.
2) CSX had a solid financial performance in 2002 despite economic challenges, with net income of $424 million, up 45% from 2001.
3) CSX continued focusing on its core rail transportation business, reaching a deal to convey its domestic container shipping business CSX Lines to a new venture for $300 million in cash and securities.
1) John W. Snow resigned as Chairman and CEO of CSX Corporation to become Secretary of the Treasury under President George W. Bush.
2) CSX had a solid financial performance in 2002 despite economic challenges, with net income of $424 million, up 45% from 2001.
3) CSX continued focusing on its core rail transportation business, reaching a deal to convey its domestic container shipping business CSX Lines to a new venture for $300 million in cash and securities.
The document provides an overview of a six-step investment process for investors. The steps include: 1) financial analysis to determine an investor's goals, risk tolerance, and suitable risk/return profile; 2) asset allocation to determine the appropriate mix of assets; 3) portfolio strategist selection to implement the asset allocation approach; 4) investment management firm selection to select individual securities; 5) portfolio monitoring to ensure alignment with goals; and 6) ongoing reporting. The goal is to design a disciplined, long-term investment plan tailored to each investor's needs and risk tolerance.
14 hartford funds hartford balanced income fund123jumpad
The document provides information about the Hartford Balanced Income Fund, including its strategy and performance. The Fund aims to provide growth potential through a balanced mix of 55% bonds and 45% stocks. It invests primarily in dividend-paying stocks of well-known companies and investment-grade corporate bonds. The Fund has achieved returns similar to stocks but with less risk and volatility. It emphasizes stocks that pay above-average dividends or are expected to increase their dividends, as these have outperformed non-dividend payers while experiencing less volatility. The balanced approach and focus on quality dividends and bonds helps provide simpler exposure to growth assets while reducing risk.
This document outlines six important tasks for a woman to complete after the death of her spouse:
1. Update beneficiary information and financial records to ensure they are accurate.
2. Have important conversations with loved ones about final wishes and end-of-life care.
3. Consolidate financial information like account numbers and passwords.
4. Consult a financial advisor to structure assets optimally for passing to heirs.
5. Create a list of people to notify in the event of death and decisions about obituaries.
6. Update travel information to have important documents when traveling.
Empowering Women: Top 10 things BEFOREBobby Cherry
This document outlines 10 things every woman should do before the death of her spouse. These include: 1) creating an inventory of physical and non-physical assets; 2) understanding available Social Security benefits; 3) knowing the location of important documents; 4) ensuring beneficiaries are up-to-date on financial accounts; 5) selecting a trusted financial planner; 6) determining any available veteran's benefits; 7) completing estate planning documents; 8) selecting an estate administrator; 9) identifying outstanding debts; and 10) discussing burial wishes and pre-planning for funerals. The overall goal is to be prepared financially and practically for the death of a spouse.
Why Trusts may be of Value
Trusts have generally been used to help people who fall into two basic categories: people who need financial assistance and people who are unable to manage their own money properly. Hence, trusts have been used to benefit children, those over the age of majority who are immature and otherwise unable to manage large sums of money, those with disabilities who aren’t able to manage their own affairs, and those with substantial creditors.
A will provides several advantages:
1. It allows you to choose who receives your property and how much, including leaving gifts to employees, charities, or other organizations.
2. You can name an experienced executor, either an individual or corporate entity, to administer your estate according to your wishes.
3. Creating trusts in your will allows you to provide for minor children or other beneficiaries and avoid expensive guardianship proceedings. Trusts also enable you to conserve or accumulate income for beneficiaries.
Retirement Savings Challenges for WomenBobby Cherry
When it comes to saving for retirement and planning for retirement income, women face a number of unique challenges, which we’ll be discussing in more detail.
First of all, women generally live longer than men, which means they may need to plan for more years in retirement.
Because of their longer life expectancies, women should also consider that they may spend some of their retirement years living on their own.
Women often interrupt their careers to care for children and aging parents.
Because of these career interruptions, women may spend less time in the workforce and earn less money than men in the same age group, which could result in saving less for retirement and having a lower Social Security benefit.
It’s important to recognize these challenges and plan accordingly. Let’s look at each challenge a little more closely.
What is an annuity?
An annuity is an insurance-based contract between you, the owner, and the contract issuer.
This is basically how annuities work: You pay after-tax dollars to the issuer, the issuer invests the money for you, and any earnings accumulate tax deferred. At some point, the issuer pays out the principal and earnings to you or to your beneficiaries. Earnings are taxed as ordinary income when they’re distributed.
What is Special Needs Planning?
Provides for an individual with special needs, taking into consideration the needs of the family as well as the individual.
Plans can be made by the individual and/or the loved ones of the individual-Child of any age-Sibling-Spouse-Parent-Other relative or friend
You can convert amounts from a traditional IRA to a Roth IRA in three ways.
You can make a rollover. You receive a distribution from your traditional IRA and then roll it over to a Roth IRA within 60 days after the distribution.
You can make a trustee-to-trustee transfer. You direct the trustee of the traditional IRA to transfer an amount from your traditional IRA to the trustee of your Roth IRA.
You can make a "same-trustee" transfer. If the trustee of your traditional IRA also maintains your Roth IRA, you can direct the trustee to simply transfer an amount from your traditional IRA to your Roth IRA, or redesignate your traditional IRA as a Roth IRA.
How many people in this room expect to need long-term care one day? It’s not surprising that few of us do, because it’s hard to face the fact that our health might decline. But statistics suggest that the risk is greater than we think. Approximately 70% of us--that’s 7 out of every 10 people here today--will need some type of long-term care services during our lifetimes at some point after we reach age 65. And though it's good news that people are living longer, a long life span increases the chance of developing serious health problems. In fact, according to the Alzheimer’s Association, one in nine people age 65 and older has Alzheimer’s disease, which often leads to the need for nursing home care. And while older people are more likely to need long-term care, younger people may need care too, as a result of a disabling accident or illness such as multiple sclerosis or Parkinson’s disease.
This isn’t meant to scare you, but rather to remind you that the need for long-term care can happen to anyone at any time. The need to be prepared is real, and something that you shouldn’t ignore.
Close your eyes for a moment--now try to picture yourself on the first day of your retirement. Your last day of work is behind you; there is no alarm clock jolting you out of sleep. You awaken on your own and you have the rest of your life ahead of you. Are you happy about your prospects? Relaxed? Energized? Excited? Now open your eyes.
How business continuation planning could help preserve your business by providing a smooth transition of ownership and control.
Family-owned businesses are the backbone of the American economy. Yet many small-business owners make a costly mistake: They have no business continuation plan. This leaves the future of their businesses to chance.
An Overview of Some Sophisticated Estate Planning Strategies for individuals who are concerned about minimizing gift and estate taxes, and individuals who have specific goals such as transferring a business interest, providing for a favorite charity, or protecting assets from future creditors.
Please keep in mind that this presentation is intended only to give a general overview of some sophisticated planning strategies, and that these strategies are subject to various technical considerations. Some of them may or may not be appropriate in your particular situation, so you’ll need to consult your estate planning advisor to determine whether they are right for you.
The document outlines 8 steps to financial success: 1) Set goals; 2) Understand risk; 3) Leverage the power of compound returns over time; 4) Invest early and often; 5) Increase savings when income increases; 6) Stay focused on long-term investing rather than trying to time the market; 7) Have adequate life insurance; 8) Use a professional wealth manager for their expertise, resources, and help achieving financial goals. It provides examples and formulas to illustrate concepts like compound returns and how much to save monthly to reach savings targets. The document encourages long-term investing for growth and using a wealth management firm for guidance.
The document provides information about investing for college savings through a 529 college savings plan. It notes that figures shown are past results and not guarantees of future performance, and that investments are not FDIC-insured and can lose value. It encourages building a college savings plan through a 529 plan like CollegeAmerica for its tax advantages, flexibility, and control over savings.
While our nation faces serious issues right now, there are compelling reasons to consider investing today.
As the nation recovers from the Great Recession, something’s happening that should give investors hope.
This document discusses defined benefit plans as a tax strategy for individuals with self-employment income or small business owners. It provides an overview of defined benefit plans, compares them to other retirement plans, and highlights how they can maximize tax-deferred retirement contributions and savings. The document then presents several hypothetical examples of how defined benefit plans could benefit different types of medical professionals, including solo practitioners, married couples, small group practices, and those with fluctuating incomes. It also reviews eligible compensation, key dates, fees and the process for establishing a defined benefit plan.
2. A mutual fund is an investment vehicle that pools the money of many
investors, and has varying degrees of risk depending upon the fund’s
portfolio. Mutual funds may invest in stocks, bonds, or cash and include
the opportunity for the investor to purchase shares with various pricing
arrangements designed to meet their needs.
There are fees and expenses associated with investing in mutual funds,
including portfolio management fees and expenses and sales charges,
which will affect the return on your investment. These fees and charges
may be front- or back-end sales charges or annual expenses. In addition,
mutual funds generally allow shareholders to sell shares at any time and
receive current market value. Mutual fund investments, when held outside
of a qualified retirement plan, are subject to tax. You should consult with a
qualified tax advisor before investing. The investment return and principal
value of an investment will fluctuate so that shares when redeemed, may
be worth more or less than their original cost.
3. A Few Words about Risk
Stocks have historically outperformed other asset classes over the
long term, but tend to fluctuate more dramatically over the short term.
Bonds are affected by changes in interest rates and the
creditworthiness of their issuers. Bonds are particularly sensitive to
interest rate movements. Therefore, bond prices and thus the share
price of funds that invest in bonds, generally move in the opposite
direction from interest rates.
Investing in foreign issuers and non-dollar securities may involve
different and additional risks associated with foreign currencies,
investment disclosure, accounting, securities regulation, commission,
taxes, political or social instability, war, or expropriation.
4. What We’ve Learned from History
1. Discipline Matters
2. Outpacing Inflation Matters
3. Diversification Matters
5. 1. Discipline Matters
Profile of an Equity Investor (1992 – 2011)
Source: DALBAR’s Annual Quantitative Analysis of Investor Behavior (QAIB), 2012. Performance data represents annualized returns for the
period 1992-2011. The investment return and principal value of the investment will fluctuate so that shares, when redeemed, may be worth more
or less than their original cost. Returns do not account for impact of sales charges. If it had, returns would have been lower.
S&P 500 Index is an unmanaged broad-based measure of market performance.
Indices are unmanaged and unavailable for direct investment.
Note: A lump-sum investment in Jan. 1992 through Dec. 2011 with no withdrawals; individual buys or sells as a result of market swings, each
month from Jan. 1992 to Dec. 2011.
PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
6. 2. Outpacing Inflation Matters
The Effects of Inflation
Total Returns vs. Inflation Adjusted Returns, 4/1/62 – 3/31/12
Avg. Ann. Inflation (CPI*) for the same period was 4.15%
INDEX PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
* Consumer Price Index (CPI) is an index representing the rate of inflation of U.S. consumer prices as determined by the U.S. Bureau of Labor Statistics based
on the cost of a variety of goods and services.
The S&P500 Index is a composite of the 500 largest companies in the United States. Bonds represented by Barclays Capital Long Gov’t Index, which is based
upon all publically issued long-term government debt securities. 90-Day U.S. Treasury Bills are based upon the average monthly yield of 90-day Treasury Bills.
Treasury Bills are guaranteed as to the timely payment of principal and interest by the US Government and generally have lower risk-and-return characteristics
than government bonds. Indices are unmanaged, not available for direct investment, and do not represent the performance of a specific fund.
7. 3. Diversification Matters
Annual Returns of Asset Classes
Best 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
33.36 28.58 27.30 17.51 8.44 10.26 47.25 20.70 14.02 26.86 11.63 5.24 37.38 26.85 7.84
32.25 20.33 21.26 11.63 4.10 1.71 39.17 18.33 12.56 18.37 7.98 1.75 32.46 26.64 2.11
22.36 19.12 21.04 5.98 2.49 -12.50 35.62 16.48 7.69 15.79 6.97 -28.97 27.17 16.66 0.07
19.94 14.83 16.70 0.61 -0.61 -14.53 30.97 14.15 4.91 15.13 6.10 -33.79 26.46 15.06 -1.54
9.65 8.69 14.72 -3.02 -4.55 -15.66 28.68 10.88 4.55 10.32 5.49 -36.23 25.88 8.21 -1.73
5.27 5.12 4.73 -9.10 -11.89 -20.48 4.10 4.34 2.99 4.79 4.81 -37.00 5.93 6.54 -4.18
2.06 -2.55 -0.82 -13.96 -21.21 -22.10 1.07 1.25 2.43 4.33 -1.57 -43.06 0.14 0.13 -11.73
Worst Mid-Cap Stocks Bonds Diversified Portfolio Cash Investments
Small-Cap Stocks Large-Cap Stocks International (Int’l) Stocks
PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND IS NOT INDICATIVE OF FUTURE RESULTS. Indices are unmanaged and do not represent
the performance of a specific fund. You cannot invest directly in the indices. The historical performance of each index cited in this material is provided to illustrate market trends;
it does not represent the performance of any particular investment product. Indices do not include payment of any expenses, fees, or sales charges which would lower
performance results. ■ Cash Investments are represented by the 90-Day U.S. Treasury Bill Index, which is derived from secondary market interest rates as published by the Federal Reserve
Bank. 90-Day U.S. Treasury Bills are securities backed by the U.S. government. ■ Bonds are represented by the Barclays Capital Aggregate Bond Index, which includes U.S. government,
corporate, and mortgage-backed securities with maturities up to 30 years. Bonds, if held to maturity, provide a fixed rate of return and a fixed principal value. Bond funds will fluctuate, and when
redeemed, may be worth more or less than their original cost. ■ Large-Cap stocks are represented by the S&P 500 Index, which is a market-capitalization weighted price index composed of 500
widely held U.S. common stocks, frequently used as a measure of U.S. stock market performance. ■ Mid-Cap stocks are represented by the S&P MidCap 400 Index, which is an index measuring
the performance of the mid-size company segment of the U.S. market. ■ Small-Cap stocks are represented by the Russell 2000 Index, which includes the smallest 2000 securities in the Russell
3000. Small-cap stocks involve greater risks due to their smaller size and lesser liquidity. ■ International stocks are represented by the MSCI Europe, Australasia, Far East Index, which
measures the performance of the leading stocks in 20 developed countries outside of North America. Investing in foreign securities may involve different and additional risks associated with
foreign currencies, investment disclosure, accounting, securities regulation, commissions, taxes, political or social instability, war, or expropriation. ■ Diversified Portfolio is represented by an
equal portion (20% each) of the previously listed indices, excluding cash investments. Data Source: Morningstar, 2/12.
Asset Allocation does not assure or guarantee better performance and cannot eliminate the risk of investment loss.
8. Today’s Headlines Don’t Always Affect Tomorrow’s Results
Growth of a $10,000 investment (7/22/1996 – 3/31/12)
$80,000
The Hartford Capital Appreciation Fund
$70,000 The Hartford Dividend and Growth Fund
S&P 500 Index
$63,031
$60,000 The Hartford Total Return Bond Fund
$50,000
$40,000
$32,780
$30,000 $29,158
$24,068
$20,000
$10,000
Source:
Morningstar, 4/12
$0
Jul-96 Jul-97 Jul-98 Jul-99 Jul-00 Jul-01 Jul-02 Jul-03 Jul-04 Jul-05 Jul-06 Jul-07 Jul-08 Jul-09 Jul-10 Jul-11 Mar-12
Performance data quoted represents past performance and is not indicative of future results. The investment return and principal value of an investment will
fluctuate so that shares, when redeemed, may be worth more or less their original cost. Current performance may be lower or higher than the performance data
quoted. For more current performance information, up to the most recent month ended, please see HartfordInvestor.com.
*The Hartford Checks and Balances Strategy is a hypothetical investment allocated evenly among Class A shares of the three Funds, rebalanced on a quarterly basis. The allocations and
performance of the hypothetical investment are for illustration only and do not represent the past or future performance of any investor's portfolio. It does not constitute investment advice.
Returns are before-tax average annual total returns which assume reinvestment of dividends and capital gains. If sales charges, taxes, and transaction costs were included, the returns would
have been lower. Please see a current prospectus for the risk factors associated with each fund in The Hartford Checks and Balances Strategy. You should consider your goals, risk tolerance
and time horizon when selecting investments or making asset allocation decisions. Asset allocation neither assures a profit nor protects against a loss.
The growth of $10,000 is hypothetical, based on the S&P 500 Index and does not represent the performance of any specific investment product and does not include withdrawals and taxes.
If withdrawals or taxes were included, performance results would be reduced.
The S&P 500 Index is an unmanaged list of 500 widely held U.S. common stocks frequently used as a measure of U.S. stock market performance and is not available for direct investment.
Please see slide 14 for Fund risk disclosures.
9. Media Scaring Seniors?
Growth of a $10,000 investment 12/31/73–3/31/12 March 20, 1995
July 29, 2002
May 24, 1982
PERFORMANCE DATA QUOTED IS PAST PERFORMANCE AND NOT INDICATIVE OF
FUTURE RESULTS.
The S&P 500 Index is an unmanaged list of 500 widely held U.S. common stocks frequently used as a measure of U.S. stock market performance and is
not available for direct investment.
Please see slide 14 for Fund risk disclosures.
10. Questioning Our System March 26, 2001
Growth of a $10,000 investment 12/31/73–3/31/12 September 28, 1992
November 10, 1986
April 11, 1994
July 14, 1975 September 14, 1998
PERFORMANCE DATA QUOTED IS PAST PERFORMANCE AND NOT INDICATIVE OF
FUTURE RESULTS.
The S&P 500 Index is an unmanaged list of 500 widely held U.S. common stocks frequently used as a measure of U.S. stock market performance and is
not available for direct investment.
Please see slide 14 for Fund risk disclosures.
11. People Are AWFUL!
February 23, 1976
Growth of a $10,000 investment 12/31/73–3/31/12 March 13, 1995
December 3, 1984
December 5, 1988
May 25, 1987
PERFORMANCE DATA QUOTED IS PAST PERFORMANCE AND NOT INDICATIVE OF
FUTURE RESULTS.
The S&P 500 Index is an unmanaged list of 500 widely held U.S. common stocks frequently used as a measure of U.S. stock market performance and is
not available for direct investment.
Please see slide 14 for Fund risk disclosures.
12. Terrorism October 23, 2000
December 3, 1979
Growth of a $10,000 investment 12/31/73–3/31/12
October 31, 1977
March 8, 1993
PERFORMANCE DATA QUOTED IS PAST PERFORMANCE AND NOT INDICATIVE OF
FUTURE RESULTS.
The S&P 500 Index is an unmanaged list of 500 widely held U.S. common stocks frequently used as a measure of U.S. stock market performance and is
not available for direct investment.
Please see slide 14 for Fund risk disclosures.
13. March 21, 2003
War
Growth of a $10,000 investment 12/31/73–3/31/12
October 6, 1980
January 28, 1991
July 30, 2007
PERFORMANCE DATA QUOTED IS PAST PERFORMANCE AND NOT INDICATIVE OF
FUTURE RESULTS.
The S&P 500 Index is an unmanaged list of 500 widely held U.S. common stocks frequently used as a measure of U.S. stock market performance and is
not available for direct investment.
Please see slide 14 for Fund risk disclosures.
14. A-Share Average Annual Total Returns (as of 3/31/12)
Including Maximum Sales Charge
Excluding Sales Charge (Maximum 5.5% sales charge) Expenses
Net Gross
Since Since Op. Op.
Fund (Inception Date) 1 Year 5 Year 10 Year Inception 1 Year 5 Year 10 Year Inception Exp. 9 Exp.10
The Hartford Capital
-3.58% -0.12% 5.68% 12.44% -8.89% -1.24% 5.08% 12.04% 1.12% 1.12%
Appreciation Fund (7/22/96)1,2,3,4
The Hartford Dividend and
Growth Fund (7/22/96)1,4 4.89% 2.32% 5.15% 7.85% -0.88% 1.17% 4.56% 7.47% 1.08% 1.08%
The Hartford Total Return 6.81% 4.67% 5.15% 5.76% 2.00% 3.71% 4.67% 5.45% 0.89% 0.97%
Bond Fund (7/22/96)1,4,5,6,7,8
Performance data quoted represents past performance and is not indicative of future results. The investment return and principal value of an
investment will fluctuate so that shares, when redeemed, may be worth more or less their original cost. Current performance may be lower or higher
than the performance data quoted. For more current performance information, up to the most recent month ended, please see HartfordInvestor.com.
A Word About Risk
1 Market and Selection Risk: The Fund’s share price may fluctuate due to market risk and/or security selections that may underperform compared to the market or relevant benchmarks.
2Mid-cap Stock Risk: Mid-cap stocks are generally more volatile and risky and may be less liquid than large-cap stocks because they may have limited operating histories, narrow product lines,
and focus on niche markets.
3Foreign Investment & Emerging Markets Risk: Foreign investments can be riskier than U.S. investments. Potential risks include currency risk that may result from unfavorable exchange rates,
liquidity risk if decreased demand for a security makes it difficult to sell at the desired price, and risks that stem from substantially lower trading volume on foreign markets. These risks are
generally greater for investments in emerging markets, which are also subject to greater price volatility, and custodial and regulatory risks.
4Active-Trading Risk: Actively trading investments may result in higher costs and higher taxable income.
5Foreign Investment Risk: Foreign investments can be riskier than U.S. investments. Potential risks include currency risk that may result from unfavorable exchange rates, liquidity risk if decreased
demand for a security makes it difficult to sell at the desired price, and risks that stem from substantially lower trading volume on foreign markets.
6Fixed-Income Risk: The Fund is subject to interest-rate risk (the risk that the value of an investment decreases when interest rates rise) and credit risk (the risk that the issuing company of a
security is unable to pay interest and principal when due) and call risk (the risk that an investment may be redeemed early). These risks also apply to the Fund’s investments in U.S. government
securities, which may not be guaranteed by the U.S. government.
7Mortgage-Backed Securities Risk: Mortgage-backed securities are subject to interest-rate risk, credit risk, prepayment risk, extension risk, and the risk that an investment’s value may be reduced
or become worthless if it receives interest or income payments only after other investments in the same pool.
8Derivatives Risk: Investments in derivatives can be volatile. Potential risks include currency risk, leverage risk (the risk that small market movements may result in large changes in the value of an
investment), liquidity risk, index risk, pricing risk, and counterparty risk (the risk that the counterparty may be unwilling or unable to honor its obligations).
9Net operating expenses are the expenses you are currently paying to own the Fund. If the net operating expenses shown are lower than the gross operating
expenses, then the net operating expenses reflect contractual fee waivers and expense reimbursements that may not be renewed. Contractual waivers or
reimbursements remain in effect until February 28, 2013, and automatically renew for one-year terms unless terminated by the Fund’s Adviser (HIFSCO) or
Transfer Agent (HASCO). For more information about the fee arrangement and expiration dates, please see the expense table in the prospectus.
10 Gross operating expenses shown are before management fee waivers or expense caps. Performance information may reflect historical or current
expense waivers or reimbursements, without which, performance would have been lower. For more information on fee waivers and/or expense
reimbursements, please see the expense table in the prospectus.
15. What Sets The Hartford Mutual Funds Apart?
A Name You Know and Trust
Premier Money Management*
Strives to Deliver Consistent,
Long-term Results*
A Complete Fund Family
*The primary objective of certain funds is income. Actual results may vary. Please see the prospectus.
16. This information is written in connection with the promotion or marketing of the matter(s)
addressed in this material. The information cannot be used or relied upon for the purpose of
avoiding IRS penalties. These materials are not intended to provide tax, accounting or legal
advice. As with all matters of a tax or legal nature, you should consult your own tax or legal
counsel for advice.
You should carefully consider investment objectives, risks, charges, and expenses of
The Hartford Mutual Funds before investing. This and other information can be found in
the Funds’ prospectus or summary prospectus, which can be obtained from your
investment representative or by calling 888-843-7824. Please read them carefully before
you invest or send money.
The Hartford Mutual Funds are underwritten and distributed by Hartford Investment Financial Services, LLC.
This seminar has been funded in whole or in part by Hartford Life Distributors, LLC, a broker dealer affiliate of The Hartford.
All information and representations herein are as of 3/12, unless otherwise noted.
SEM_MVF 111289 6/12