About HERAX
Hartford Emerging Markets Equity Fund Class A is a mutual fund focused on achieving long-term capital appreciation by investing primarily in equity securities of companies located in emerging markets. The fund is managed by experienced professionals from Wellington Management and employs a quantitative, systematic investment process. It seeks to capitalize on market inefficiencies while maintaining robust risk controls, making use of a diversified portfolio across various emerging economies, with notable allocations to sectors such as technology, financial services, consumer cyclicals, and energy. Major holdings frequently include prominent firms like Taiwan Semiconductor Manufacturing, Tencent Holdings, and Alibaba Group, reflecting a significant focus on large-cap companies in rapidly developing regions. This fund is designed to offer investors exposure to the growth potential and diversification benefits of emerging markets, while acknowledging the increased volatility and unique risks associated with these markets, such as currency fluctuations and political uncertainties. It is categorized within the diversified emerging markets segment, targeting a broad geographic scope with a minimum initial investment requirement and a relatively higher expense ratio typical for the asset class.
Fund Family Hartford Mutual Funds
Category Diversified Emerging Mkts
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol HERAX
Share Class Class A
Index MSCI EM (Emerging Markets) NR USD
HERAX had a total return of 34.93% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.21%.
