Putnam Hartford Capital Manager

Putnam Global Equity Subaccount

The subaccount seeks capital appreciation.

Fund Description

The subaccount targets midsize and large industry leaders with consistent earnings growth improvement and the likelihood of positive earnings surprises. The fund managers seek companies in the U.S. and abroad with high rates of growth and dominant market share.

Sales Story

Selecting companies around the world that are attractive for investorsEstablished companies: The fund invests in large and midsize companies in the United States and developed international markets to benefit from global opportunities.A flexible strategy: Pursuing Putnam's blend strategy, the fund can own growth- or value-style stocks to participate when either style leads global markets.Building competitive portfolios: The portfolio manager uses fundamental research as the cornerstone of the investment process. This research is supported by quantitative tools and macroeconomic analysis.

Management team

‡ Lipper Ranking as of 01/31/14

Category: Global-PCM

  Percentile ranking Rank/Funds in category
10 yrs. 81% 16/19
1 yr. 13% 6/48
3 yrs. 25% 10/40
5 yrs. 41% 16/39

Risk Characteristics as of 01/31/14

Alpha (%) 1.41
Beta 1.14
R Squared 0.94
Standard Deviation (3 yrs.) 16.15

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 150
Turnover (fiscal year end) 105%
Net Assets $228M
Inception Date 05/01/90

International investing involves certain risks, such as currency fluctuations, economic instability, and political developments. 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.

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.