Hartford International Opportunities Fund Class R5 (IHOTX)

Overview

The fund described is focused on achieving long-term growth of capital by primarily investing in equity securities of foreign issuers. To achieve its investment objective, the fund commits at least 65% of its net assets into equity securities, including those denominated in non-dollar currencies. It demonstrates a global investment approach, with a notable openness towards emerging markets. The strategic allocation towards emerging markets is subject to a flexible limit, based either on a specific percentage of the fund's net assets or a comparison to the weight of emerging markets within the MSCI All Country World (ACWI) ex USA Index. This approach allows the fund to dynamically adjust its exposure to emerging markets, aiming to capitalize on their growth potential while managing the inherent risks.

Products and Services

The fund offers a variety of investment opportunities, specifically in the realm of international equities, with a focus on diversifying risk and potential returns through strategic allocations. Given its investment strategy, the fund's offerings can be categorized as follows:

• Equity Securities: These constitute the primary investment vehicle for the fund, aimed at long-term capital growth. By investing in stocks of foreign companies, the fund seeks to leverage global market trends and company-specific growth narratives. The emphasis on equity securities, including non-dollar securities, enables the fund to tap into the growth potential of global markets while managing currency risk.
• Emerging Market Investments: A significant portion of the fund's strategy involves investing in emerging markets. This is executed under a flexible guideline that allows for investment up to the greater of two thresholds: either a fixed percentage of the fund's net assets or an amount that exceeds the emerging markets' weight in the MSCI All Country World (ACWI) ex USA Index by 10%. This strategy acknowledges the higher growth potential in emerging markets, balanced with the need to manage the increased risk associated with such investments.