Hartford Debuts Growth ETF Combining Wellington’s Best Ideas

Hartford Funds has launched the Hartford Alpha Capture Growth ETF (ACGO), an actively managed ETF focused primarily on U.S. growth stocks. Sub-advised by Wellington Management, the fund draws from multiple Wellington equity teams with different growth-investing styles, allowing the portfolio manager to select high-conviction ideas across a broad opportunity set. ACGO generally emphasizes large-cap companies, uses both fundamental research and quantitative portfolio tools, and takes a non-diversified approach that can concentrate holdings in a smaller number of issuers to pursue stronger risk-adjusted returns.