The fund will be sub-advised by Capital Innovations, a Pewaukee, Wis.-based asset manager.
The fund’s managers will attempt to generate income by utilizing stocks, real estate investment trusts, master limited partnerships and real assets.
“As income has decreased from traditional sources, we feel it’s essential to seek higher yield through a broader global real asset strategy,” says Michael D. Underhill, founder and chief investment officer of Capital Innovations.
Hartford Rolls Out Sustainability-Focused Fund
Radnor, Pa.-based Hartford Funds has launched the Hartford Environmental Opportunities Fund.
The fund will invest in companies promoting environmental sustainability, specifically those addressing challenges like low-carbon electricity, energy efficiency, low-carbon transportation or resource management.
“The Hartford Environmental Opportunities Fund is designed to invest in companies that we believe provide a positive impact on our environment while also aiming to deliver positive returns and value to our fund shareholders,” said Anita Baldwin, vice president and managing director of Hartford Funds. “It aligns directly with our human-centric investing philosophy, responding to what today’s investors want and need.”
Radnor-based Wellington Management will sub-advise the new fund.
Janus Launches Two Smart Beta ETFs