The Hartford International Opportunities Fund (I Share) underperformed the MSCI ACWI ex-USA Index during the quarter.
Weak selection in financials, industrials, and consumer discretionary was partially offset by selection in communication services and healthcare.
Sector allocation, a result of our bottom-up stock selection process, was neutral to returns.
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Market Overview
International equities edged lower in the first quarter of 2026 amid a complex macro backdrop shaped by geopolitical tensions and renewed inflation concerns. Escalating military action in the Middle East triggered a global