The Hartford Healthcare Fund Class A (HGHAX)
The Hartford Healthcare Fund Class A operates in the Asset Management industry of the Financial Services sector, headquartered in Wayne, PA, US. The stock last traded at $42.42, up 0.33% on the session, giving a market capitalisation of $813.0M. Its beta of 0.61 implies it has historically moved less than the broad market.
The fund's core objective is to achieve substantial growth in capital over an extended timeframe. Typically, at least 80% of its total assets are committed to equity investments in companies globally involved in the healthcare industry, with selections made by its sub-adviser, Wellington Management Company LLP. The investment strategy adopts a comprehensive view of the healthcare sector, encompassing a diverse range of enterprises. These may include, but are not limited to, firms specializing in pharmaceuticals, biotechnology, medical device manufacturing and distribution, healthcare service provision, managed health programs, health information technology, and nascent health-related segments.
The Hartford Healthcare Fund Class A is most often compared with the following Financial Services names: