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The Hartford Mutual Funds: The Hartford Checks and Balances Fund

Underlying funds sub-advised by Wellington Management Company, LLP and Hartford Investment Management

Categories:

Morningstar Category: Moderate Allocation

Investment Goal

The Fund seeks long-term capital appreciation and income.

Portfolio Manager

The Fund is managed by HIFSCO's Investment Oversight Committee, overseen by Vernon Meyer.

Vernon J. Meyer, CFA
Senior Vice President
Hartford Investment Financial Services, LLC
20 Years of Professional Experience
BS, Trinity College
MBA, Rensselaer Polytechnic Institute

Quarterly Portfolio Manager Commentary

Portfolio Managers of the Underlying Funds

Image: Saul J. Pannell, CFASaul J. Pannell, CFA
Senior Vice President & Partner
Wellington Management Company, LLP
35 Years of Professional Experience
MBA, Harvard Business School
Image: Nasri ToutoungiNasri Toutoungi
Managing Director
Hartford Investment Management
21 Years of Professional Experience
MA, Ecole Polytechnique Fèdèrale
MBA, Rice University
Image: Edward P. Bousa, CFAEdward P. Bousa, CFA
Senior Vice President & Partner
Wellington Management Company, LLP
27 Years of Professional Experience
BA,Williams College
MBA, Harvard Business School

Investment Approach

For investors looking for a diversified approach to achieving their long-term goals, The Hartford Checks and Balances Fund incorporates a multi-cap fund, a large-cap value fund and a fixed-income fund.

Automatically rebalanced when any allocation to one of the Underlying funds
deviates by 5% or more.



Disclosure

Weighted average result of the Underlying Funds. Subject to change. Percentages may be rounded.

1 Net operating expenses are the expenses you are currently paying to own the Fund. If the net operating expenses shown are lower than the gross operating expenses, then the net operating expenses reflect fee waivers and/or expense reimbursements that may not be renewed. For more information about the amount of fee waivers and/or expense reimbursements and their expiration dates, please see the expense table in the prospectus.

2 Gross operating expenses shown are before management fee waivers or expense caps. Performance information may reflect historical or current expense waivers or reimbursements, without which, performance would have been lower. For more information on fee waivers and/or expense reimbursements, please see the expense table in the prospectus.

1 5-year EPS growth - Average historical rate in earnings per share (net profit divided by number of shares outstanding) for the past 5 years.

2 P/E Ratio - The ratio of a stock's current price over its estimated future earnings, expressed as a multiple; it measures relative value.

3 For consistency, coupon strips have been excluded.

4 The average coupon and yield to maturity do not represent the performance of the Fund. These statistics do not take into account any fees and expenses associated with investments or the Fund.

5 The average credit rating of Hartford Investment Management portfolios is calculated by a third party system that assigns a higher investment grade credit rating to U.S. Government securities.

Investments in foreign securities may involve different and additional risks associated with foreign currencies, investment disclosure, accounting, securities regulation, commissions, taxes, political or social instability, war, or expropriation.

Emerging markets may involve similar but greater risks than foreign investing due to smaller size and lesser liquidity.

The Fund may invest in small and mid-cap companies. Small company, and to a lesser extent, mid-cap investing involves higher risks than large company investing.

The Fund is subject to both credit and interest rate risk. The Fund's share price and yield will be affected by interest rate movements, with bond prices generally moving in the opposite direction from interest rates. Credit risk refers to the bond issuers ability to make timely payments of principal and interest.

High-yield securities, or "junk bonds", are rated lower than investment-grade bonds because there is a greater possibility that the issuer may be unable to make interest and principal payments on those securities.

This material is authorized only when preceded or accompanied by a currently effective prospectus. The prospectus contains detailed information about the Fund, including investment objectives, risks, charges and fees which should be considered carefully. Please read it carefully before you invest or send money.

Effective September 30, 2009, Class B shares of The Hartford Mutual Funds closed to new investors, and no new or additional investments, including investments through a systematic investment plan, will be allowed in Class B shares, except for permitted exchanges. For additional information about your privileges with respect to Class B shares, please refer to your prospectus and its supplements.

The Fund may invest in mortgage-backed and asset-backed securities, which are subject interest rate risk, credit risk, extension risk, prepayment risk and the risk of default by the holders of the mortgages or other obligations underlying the securities.

As an asset allocation Fund that has set limits on the amount of assets it may invest in any one asset class, the Fund has less flexibility in it investment strategy than non-allocation funds.

Wellington Management Company, LLP is an independent and unaffiliated sub-adviser to The Hartford.

The Hartford Mutual Funds are underwritten and distributed by Hartford Investment Financial Services, LLC.

"The Hartford" is The Hartford Financial Services Group, Inc. and its subsidiaries.

 MUT8394 1009

Not insured by FDIC or Any Federal Agency; May lose value; Not a deposit of or guaranteed by any bank or any bank affiliate