Hartford Releases First Commodity-Focused ETF, HCOM

On Wednesday, Hartford Funds announced the launch of its first commodity-focused exchange-traded fund (“ETF”), the Hartford Schroders Commodity Strategy ETF (HCOM), which will be sub-advised by Schroder Investment Management North America Inc. and Schroder Investment Management North America Ltd (collectively, “Schroders”). HCOM seeks long-term total return by investing in a range of commodity-related instruments. The actively managed Fund’s performance benchmark will be the Bloomberg Commodity Total Return Index.