Fundings Options | Investment Objective Summary | Investment Adviser/Sub-Adviser |
Hartford MidCap HLS Fund | Seeks long-term growth of capital | Hartford Funds Management Company, LLC, Sub-advised by Wellington Management Company LLP |
Minimum | Maximum | |
Total Annual Fund Operating Expenses (expenses that are deducted from Sub-Account assets, including management fees, distribution and/or service fees (12b-1) fees, and other expenses. | 0.16% | 0.92% |
(1) If you Surrender your Contract at the end of the applicable time period: | ||||
1 year | $876 | |||
3 years | $1,289 | |||
5 years | $1,696 | |||
10 years | $2,565 | |||
(2) If you annuitize at the end of the applicable time period: | ||||
1 year | $227 | |||
3 years | $698 | |||
5 years | $1,196 | |||
10 years | $2,565 | |||
(3) If you do not Surrender your Contract: | ||||
1 year | $227 | |||
3 years | $698 | |||
5 years | $1,196 | |||
10 years | $2,565 |
Acquired Funds | Acquiring Funds | Closing Date | Reorganization Date |
Hartford Global Growth HLS Fund | Hartford Disciplined Equity HLS Fund | September 16, 2020 | September 18, 2020 |
Hartford Growth Opportunities HLS Fund | Hartford Disciplined Equity HLS Fund | September 16, 2020 | September 18, 2020 |
Hartford MidCap Growth HLS Fund | Hartford MidCap HLS Fund | September 16, 2020 | September 18, 2020 |
Hartford MidCap Value HLS Fund | Hartford MidCap HLS Fund | September 16, 2020 | September 18, 2020 |
Hartford Value HLS Fund | Hartford Dividend and Growth HLS Fund | September 16, 2020 | September 18, 2020 |
Hartford High Yield HLS Fund | Hartford Total Return Bond HLS Fund | September 23, 2020 | September 25, 2020 |
Hartford U.S. Government Securities HLS Fund | Hartford Ultrashort Bond HLS Fund | September 23, 2020 | September 25, 2020 |
(i) | if any of your Contract Value is currently invested in one of the Acquired Fund Sub-Accounts, that Contract Value will be transferred into the corresponding Acquiring Fund Sub-Account; |
(ii) | unless you direct us otherwise, if any portion of your future Premium Payments is allocated to one of the Acquired Fund Sub-Accounts, those future payments will automatically be allocated to the corresponding Acquiring Fund Sub-Account; |
(iii) | any transaction that includes an allocation to one of the Acquired Fund Sub-Accounts will automatically be allocated to the corresponding Acquiring Fund Sub-Account; |
(iv) | unless you direct us otherwise, if you are enrolled in any administrative program that includes transfers of Contract Value or allocation to one of the Acquired Fund Sub-Accounts (i.e., DCA, DCA Plus, InvestEase®, Asset Rebalancing Program or other program trades), your enrollment will automatically be updated to reflect the corresponding Acquiring Fund Sub-Account; |
(v) | If you are currently invested in one of the investment models that includes one of the Acquired Fund Sub-Accounts, the model will be automatically updated to reflect the corresponding Acquiring Fund Sub-Account. The percentage allocation of the Acquired Fund Sub-Account will also be moved to the total allocation of the Acquiring Fund Sub-Account. For example, if your model allocated 5% to one of the Acquired Fund Sub-Accounts, that 5% will now be allocated to the corresponding Acquiring Fund Sub-Account. If you are in a “self-select” model and would like to change your selections or invest in a different model, you may provide us with new instructions at any time. |
(vi) | all references and information contained in the prospectus for your Contract related to any of the Acquired Funds are deleted and replaced with the corresponding Acquiring Fund. |
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