Putnam Hartford Capital Manager

Putnam Growth Opportunities Subaccount

The subaccount seeks capital appreciation.

Fund Description

The subaccount invests in large U.S. companies with strong revenue and earnings growth prospects. Members of the management team target established companies that are believed to be leaders in their industries with the potential to grow rapidly. The fund's portfolio typically includes world-renowned businesses whose size and scale give them a competitive advantage.

Sales Story

Seeking to harness the growth potential of large U.S. companiesA large-company focus: The fund invests in large U.S. companies, targeting those with a competitive edge in markets around the world and the potential to produce strong profits.A rigorous process: The fund's manager uses rigorous fundamental investment research to find opportunities and manage risk.A focus on quality: The manager seeks companies with solid management, sound financials, and products or services that are benefiting from growing demand.

Management team

‡ Lipper Ranking as of 01/31/14

Category: Large-Cap Growth-PCM

  Percentile ranking Rank/Funds in category
10 yrs. 80% 126/157
1 yr. 36% 84/236
3 yrs. 43% 93/220
5 yrs. 30% 59/201

Risk Characteristics as of 01/31/14

Alpha (%) -3.56
Beta 1.20
R Squared 0.97
Standard Deviation (3 yrs.) 15.14

Quick Facts as of 02/28/14

Fiscal Year End December
Asset Class Putnam Hartford Capital Manager
Subaccount Status Open to new investors
Number of Issues 144
Turnover (fiscal year end) 94%
Net Assets $31M
Inception Date 02/01/00

This fund concentrates its assets in fewer stocks, which can affect your fund's performance. Variable annuities are long-term investments designed for retirement purposes. Withdrawals prior to age 59 1/2 may be subject to a 10% IRS penalty.Growth investing targets companies with above-average earnings that may be subject to price volatility if earnings expectations are not met.You can lose money by investing in a fund. Any given fund may not achieve its goal, and is not intended as a complete investment program. All funds have risk. The value and/or returns of a portfolio will fluctuate with market conditions. You may have more or less than the original amount invested when you redeem your shares.

‡ Lipper is an industry research firm whose rankings are based on total return performance, vary over time, and do not reflect the effects of sales charges. Past performance is not indicative of future results.