Hartford Conservative Allocation Fund (HCVYX)

Overview

The fund is designed to achieve its investment goal by allocating its assets across a diverse mix of other mutual funds and ETFs, all of which are managed either directly by Hartford Funds Management Company, LLC or through its wholly owned subsidiary. This broad investment approach encompasses a variety of asset classes, including fixed income, equities, and potential exposures to alternative assets like commodities. The strategic asset allocation aims to balance between equity investments, targeted at 20%-50% of the total fund assets, and fixed income investments, which are expected to make up 50%-80% of the fund's total assets. This diversification is intended to mitigate risk while pursuing returns over the long term.

Products and Services

• Mutual Funds and ETFs

The core of the fund's investment strategy lies in its diversified portfolio of other mutual funds and ETFs advised by Hartford Funds Management Company, LLC, or its subsidiary. These funds are chosen across various asset classes to achieve a balanced investment approach.

• Fixed Income Funds

A significant portion of the fund's assets are allocated to fixed income funds. These investments provide the fund with a stable income stream and are intended to make up approximately 50%-80% of the fund's total assets, contributing to the overall stability and reducing volatility.

• Equity Funds

The fund invests in equity funds to capture growth potential, allocating about 20%-50% of its total assets to equities. This component offers the possibility of capital appreciation, which is crucial for long-term investment growth.

• Alternative Asset Classes

Aside from the traditional asset classes of equities and fixed income, the fund may also seek exposure to alternative assets, including commodities. These investments offer potential diversification benefits and can serve as a hedge against inflation or market volatility.