Use American to hedge against foreign markets instabilities. The fund experiences stable pattern. Watch out for signals
1 Month Beta ..........
0.04
As returns on market increase, American returns are expected to increase less than the market. However during bear market, the loss on holding American will be expected to be smaller as well.
The median price of American for the period between Thu, Apr 26, 2012 and Sat, May 26, 2012 is 11.33 with a coefficient of variation of 0.69. The daily time series for the period is distributed with a sample standard deviation of 0.08, arithmetic mean of 11.3, and mean deviation of 0.07. The Fund did not receive any noticable media coverage during the period.
American Funds Global Bond HLS IB [HVDBX] is traded in USA and was established in April 30, 2008. The fund is listed under World Bond category and is part of Hartford Mutual Funds family. This fund currently has accumulated 44.31 M in assets under management (AUM) with minimum initial investment of . American Funds Global Bond HLS IB is currently producing year-to-date (YTD) return of 3.32% with the current yeild of 2.05%, while the total return for the last 3 years was 8.27%.
Fund Instrument Allocation for American
The fund consists of 91.62% investments in fixed income securities, with the rest of funds allocated in stocks, cash and various exotic instruments.
American Funds Global Bond HLS IB is rated below average in net asset among similar funds. Total Asset Under Management (AUM) of World Bond category is currently estimated at about 321.2 Billion. American adds roughly 44.31 Million in net asset claiming only tiny portion of World Bond category.
Updating Transaction...
Click "OK" to permanently delete this portfolio. Click "Cancel" if you have changed your mind.