Hartford Investments Canada Corp. on Monday introduced a new product designed to help bruised Canadian investors gradually re-enter the mutual fund investment market.

Hartford Investment Canada’s DCA Advantage Program is designed to give investors a short-term stream of predictable income while benefiting from dollar cost averaging in mutual funds.

The DCA Advantage Program first pools an investor’s assets into a money market account that earns an enhanced yield expected to generally be higher than The Hartford Money Market Fund. It then invests an equal amount of money monthly into one or more of six Hartford-family mutual funds over a period of six or 12 months.

The program uses dollar cost averaging to allow take advantage of market ups and downs and potentially lower the cost of investing.

“The DCA Advantage Program is an investment strategy designed to help investors leverage market volatility and lower the cost of investing,” said Joe Noto, CEO, Hartford Investments Canada Corp. “This is a program that gives Canadians the strategy and the investment vehicle to re-enter the market effectively.”

Hartford offers seven retail mutual funds in Canada: The Hartford U.S. Capital Appreciation Fund, The Hartford Global Leaders Fund, The Hartford U.S. Stock Fund, The Hartford Canadian Stock Fund, The Hartford Advisors Fund, The Hartford Bond Fund and The Hartford Money Market Fund.