Fees, Charges, And Expenses
- Annual maintenance fee: None
- Administrative Fee: .02%1
- Rollover Charge: $75
- Overnight Postage: Up to $20
- Reissue of Disbursement Checks: $15 (may be waived for first occurrence)
- Reissue of historical statements: $10, $30 maximum per household
- Non-qualified withdrawal charge (if closing account): $50
- Sales charges and annual expenses
|Share Class||Sales Charge
(as a % of each contribution)
|Estimated Underlying Fund Expenses||Program Manager Fees||Administrative Fee1||Annual Distribution Fee||Total Annual Expenses
(as a % of average daily account value)
|A||5.5% (breakpoints available)||.20% - .95%||.24%||.02%||.25%||.71% - 1.46%|
|C||1% Contingent Deferred Sales Charge on any distributions made within 12 months of a contribution||.20% - .95%||.24%||.02%||1.00%||1.46% - 2.21%|
|E2||None||.20% - .95%||.24%||.02%||0%||.46% - 1.21%|
Please consult the Disclosure Booklet for more detailed information regarding fees, charges and expenses.
1 Until certain start up costs for CHET Advisor Plan are recouped, the Connecticut Higher Education Trust Program will pay the Administrative Fee to Hartford Life.
2 E Shares are only available to certain investors. Please see the Disclosure Booklet for more details.
CHET Advisor is administered by the Treasurer of the State of Connecticut as the trustee of the Connecticut Higher Education Trust Program and Hartford Funds Management Company, LLC (“HFMC”) serves as Plan Manager.
Investments in CHET Advisor are not guaranteed or insured by the State of Connecticut, the Connecticut Higher Education Trust Program, the Connecticut State Treasurer's Office, HFMC, The Hartford Financial Services Group, Inc., the investment sub-advisors for the Underlying Funds or any depository institution and are subject to investment risks, including the loss of the principal amount invested, and may not be appropriate for all investors.
CHET Advisor is only available to account owners who are Connecticut (CT) residents. CT provides certain tax advantages to CT taxpayers that invest in CHET Advisor. Before investing, an investor should consider whether the investor’s or designated beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in such state’s 529 plan.
Investors should carefully consider the investment objectives, risks, charges and expenses of CHET Advisor and its Underlying Funds before investing. This and other information can be found in the Disclosure Booklet for CHET Advisor and the prospectuses or other disclosure documents for the Underlying Funds, which can be obtained in the College Savings pages of www.hartfordfunds.com or by calling 877-407-2828. Please read them carefully before investing or sending money. CHET Advisor is distributed by Hartford Funds Distributors, LLC. Member SIPC
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, your clients should consult their own tax or legal counsel for advice.
"The Hartford" is The Hartford Financial Services Group, Inc. and its subsidiaries.
No state funds have been used to produce these materials nor have materials been produced at taxpayer expense.