Hartford Funds and Schroders Finalize Strategic Relationship
Hartford Funds Expands Platform with Adoption of 10 of Schroders’ US Mutual Funds
Hartford Funds and Schroder Investment Management North America today announced the finalization of their strategic relationship first announced in June 2016, whereby Hartford Funds has adopted ten of Schroders’ US mutual funds.
All investments are subject to risk, including the possible loss of principal. Fixed Income risks include credit, liquidity, call, duration, and interest-rate risk. As interest rates rise, bond prices generally fall; these risks are currently heightened due to the historically low interest rate environment. Foreign investments can be riskier than US investments due to the adverse effects of currency exchange rates, differences in market structure and liquidity, as well as specific country, regional, and economic developments. These risks are generally greater for investments in emerging markets. Small- and mid-cap securities can have greater risk and volatility than large-cap securities and may be less liquid than other types of investments.
Investors should carefully consider the investment objectives, risks, charges, and expenses of a fund before investing. This and other information can be found in the fund’s prospectus, which should be read carefully before investing. To obtain a mutual fund prospectus or summary prospectus, please call 888-843-7824 (retail) or 800-279-1541 (institutional); ETF prospectuses can be obtained by calling 415-315-6600.
“The Hartford” is The Hartford Financial Services Group Inc. (“HFSG”) and its subsidiaries. HFD is a subsidiary of The HFSG.
Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in The Hartford’s Quarterly Reports on Form 10-Q, our 2015 Annual Report on Form 10-K and the other filings The Hartford makes with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued.
Hartford Funds refers to Hartford Funds Management Group, Inc., and its subsidiaries, including the mutual funds’ investment manager, Hartford Funds Management Company, LLC (“HFMC”) and the mutual funds’ distributor, Hartford Funds Distributors, LLC, as well as Lattice Strategies LLC (“Lattice”), a wholly owned subsidiary of HFMC effective July 29, 2016. Lattice is the investment adviser to the exchange-traded funds (ETFs). The ETFs are distributed by ALPS Distributors, Inc., which is not affiliated with Lattice or Hartford Funds. “The Hartford” is The Hartford Financial Services Group Inc. and its subsidiaries. Hartford Funds Distributors, LLC is a subsidiary of The Hartford Financial Services Group Inc.
From time to time, The Hartford may use its website to disseminate material company information. Financial and other important information regarding The Hartford is routinely accessible through and posted on our website at http://ir.thehartford.com. In addition, you may automatically receive email alerts and other information about The Hartford when you enroll your email address by visiting the "Email Alerts" section at http://ir.thehartford.com.
*Source: Morningstar Ratings as of 9/30/2016. Past performance is no guarantee of future results. Hartford Schroders US Small/Mid Cap Opportunities Fund (SMDIX) had an Overall Rating of 5 stars among 383 funds in the Mid-Cap Blend Funds category. The Fund's 3-year rating was 5 stars with a category size of 383, the 5-year rating was 4 stars with a category size of 335, and the 10-year rating was 5 stars with a category size of 228. Hartford Schroders US Small Cap Opportunities Fund (SCUIX), had an Overall Rating of 5 stars among 655 funds in the Small Blend Funds category. The Fund's 3-year rating was 5 stars with a category size of 655, the 5-year rating was 4 stars with a category size of 570, and the 10-year rating was 5 stars with a category size of 387. Hartford Schroders Tax-Aware Bond Fund (STWTX), had an Overall Rating of 5 stars among 309 funds in the Municipal National Intermediate Funds category. The Fund's 3-year rating was 5 stars with a category size of 309. Hartford Schroders International Multi-Cap Value Fund (SIDNX), had an Overall Rating of 5 stars among 285 funds in the Foreign Large Value Funds category. The Fund's 3-year rating was 4 stars with a category size of 285, the 5-year rating was 4 stars with a category size of 236, and the 10-year rating was 5 stars with a category size of 144. Hartford Schroders International Stock Fund (SCIEX), had an Overall Rating of 4 stars among 715 funds in the Foreign Large Blend Funds category. The Fund's 3-year rating was 4 stars with a category size of 715, the 5-year rating was 4 stars with a category size of 634, and the 10-year rating was 4 stars with a category size of 382. Hartford Schroders Emerging Markets Equity Fund (SEMNX), had an Overall Rating of 4 stars among 602 funds in the Diversified Emerging Markets Funds category. The Fund's 3-year rating was 3 stars with a category size of 602, the 5-year rating was 3 stars with a category size of 435, and the 10-year rating was 4 stars with a category size of 190.
Morningstar ratings reflect historical risk-adjusted performance and are subject to change every month. Ratings are based on a risk-adjusted return measure that accounts for variations in monthly performance, emphasizing downward variations and rewarding consistent performance. The top ten percent of the funds in a category receive five stars, the next 22.5% four stars, the next 35% three stars, the next 22.5% two stars and the bottom 10% one star. The Overall Rating reflects a weighted average of a fund's 3-, 5- and 10-year (if applicable) risk adjusted performance. Other share classes may have different ratings. A 4- or 5-star rating does not necessarily imply that a fund achieved positive results for the period.
© 2016 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.