SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE
SECURITIES EXCHANGE ACT OF 1934
Filed by the Registrant /X/
Filed by a Party other than the Registrant / /
Check the appropriate box:
/ / Preliminary Proxy Statement
/ / Confidential, for Use of the Commission
Only (as permitted by Rule 14a-6(e)(2))
/X/ Definitive Proxy Statement
/ / Definitive Additional Materials
/ / Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12
The Hartford Mutual Funds, Inc.
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(Name of Registrant as Specified In Its Charter)
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if other than the Registrant)
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/X/ No fee required
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pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the
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/ / Fee paid previously with preliminary materials.
/ / Check box if any part of the fee is offset as provided by Exchange
Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was
paid previously. Identify the previous filing by registration statement number,
or the Form or Schedule and the date of its filing.
(1) Amount Previously Paid:
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(4) Date Filed:
THE HARTFORD MUTUAL FUNDS, INC.
200 Hopmeadow Street
Simsbury, Connecticut 06089
THE HARTFORD GLOBAL COMMUNICATIONS FUND
THE HARTFORD GLOBAL FINANCIAL SERVICES FUND
THE HARTFORD GLOBAL HEALTH FUND
THE HARTFORD GLOBAL TECHNOLOGY FUND
THE HARTFORD INTERNATIONAL SMALL COMPANY FUND
THE HARTFORD INTERNATIONAL CAPITAL APPRECIATION FUND
THE HARTFORD INTERNATIONAL OPPORTUNITIES FUND
THE HARTFORD GLOBAL LEADERS FUND
THE HARTFORD FOCUS FUND
THE HARTFORD SMALL COMPANY FUND
THE HARTFORD CAPITAL APPRECIATION FUND
THE HARTFORD MIDCAP VALUE FUND
THE HARTFORD MIDCAP FUND
THE HARTFORD STOCK FUND
THE HARTFORD GROWTH AND INCOME FUND
THE HARTFORD VALUE FUND
THE HARTFORD DIVIDEND AND GROWTH FUND
THE HARTFORD ADVISERS FUND
THE HARTFORD HIGH YIELD FUND
THE HARTFORD BOND INCOME STRATEGY FUND
THE HARTFORD MONEY MARKET FUND
June 6, 2002
Dear Shareholder:
You are cordially invited to attend the Special Meeting of Shareholders
(the "Meeting") of the Hartford Funds listed above (the "Funds"), each a series
of The Hartford Mutual Funds, Inc., to be held on July 16, 2002, at 10:00 a.m.
Eastern time at the offices of Hartford Investment Financial Services, LLC at
200 Hopmeadow Street, Simsbury, Connecticut 06089.
At the Meeting, shareholders will be asked to vote on the matters listed in
the attached Notice of Special Meeting of Shareholders. These matters include
the election of members of the Board of Directors, and consideration of changes
to, or the adoption or elimination of, fundamental investment policies of the
Funds. The Board of Directors has reviewed and approved each of the proposals
and recommends that you vote FOR each proposal. The "Important Information"
following this letter contains summary information which you might find helpful.
Although the Board of Directors would like very much to have each
shareholder attend the Meeting, they realize that this is not possible. Whether
or not you plan to be present at the Meeting, your vote is needed.
THERE ARE THREE WAYS TO GRANT YOUR PROXY:
BY TELEPHONE -- You can grant your proxy by telephone by calling the number
on the proxy card(s) and following the instructions on the proxy card(s);
OVER THE INTERNET -- You can grant your proxy over the Internet at the
Internet address shown on your proxy card(s);
BY MAIL -- You can grant your proxy by mail by completing, signing, dating,
and returning the enclosed proxy card(s). A postage-paid envelope is enclosed
for this purpose.
We look forward to seeing you at the Meeting or receiving your proxy so
your shares may be voted at the Meeting.
Sincerely yours,
/s/ David M. Znamierowski
David M. Znamierowski
President
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WHETHER OR NOT YOU PLAN TO ATTEND THE MEETING, PLEASE GRANT YOUR PROXY, SO AS TO
BE REPRESENTED AT THE MEETING, BY TELEPHONE, OVER THE INTERNET, OR BY SIGNING,
DATING, AND RETURNING THE ENCLOSED PROXY CARD(S) IN THE ENCLOSED ENVELOPE. IF
YOU PROVIDE YOUR PROXY BY TELEPHONE OR OVER THE INTERNET, DO NOT RETURN YOUR
PROXY CARD(S).
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2
IMPORTANT INFORMATION
We encourage you to read the enclosed proxy statement; we thought it would
be helpful, however, to provide brief answers to some questions.
Q. WHAT PROPOSALS ARE SHAREHOLDERS BEING ASKED TO CONSIDER AT THE UPCOMING
SPECIAL MEETING?
A. You are being asked to consider two matters. First, you will be asked to
consider the election of directors of The Hartford Mutual Funds, Inc. Second,
you will be asked to consider changes to, or the adoption or elimination of,
fundamental investment policies of your Funds. "Fundamental" investment policies
are policies that cannot be changed or eliminated without shareholder approval.
Q. WHO ARE BEING NOMINATED TO SERVE AS DIRECTORS?
A. There are nine nominees. Seven of the nominees currently serve as directors
of The Hartford Mutual Funds, Inc. The other two nominees serve as directors for
other Hartford-affiliated mutual funds.
Q. WHY ARE WE PROPOSING TO CHANGE THE FUNDS' FUNDAMENTAL POLICIES?
A. As is described in more detail in the accompanying proxy statement, many of
the existing fundamental policies were adopted in response to regulatory,
business, or industry requirements or conditions that no longer prevail. In
addition, small variations in the wording of similar restrictions among the
whole family of Hartford funds makes the task of ensuring compliance with them
difficult and expensive. We are proposing adopting and removing certain policies
and bringing those that remain in line, wherever possible, with other
fundamental policies in place, or expected to be put in place, for other
Hartford funds.
Q. DO WE EXPECT THE FUNDS' INVESTMENT APPROACHES TO CHANGE AS A RESULT?
A. No. These changes are being proposed to help streamline the compliance and
regulatory processes, not in order to facilitate any expected change in
investment strategy or approach by the Funds.
Q. HAS THE FUNDS' BOARD OF DIRECTORS APPROVED THESE PROPOSALS?
A. Yes. Your Board of Directors has reviewed and approved each of the proposals
on which you are being asked to vote. Your Board recommends that you vote in
favor of each proposal.
Q. WHEN SHOULD I VOTE?
A. Please vote as soon as possible. Representatives of The Hartford Financial
Services Group, Inc. ("The Hartford") or a firm authorized by The Hartford may
be contacting you to urge you to vote on these important matters.
THE HARTFORD MUTUAL FUNDS, INC.
THE HARTFORD GLOBAL COMMUNICATIONS FUND
THE HARTFORD GLOBAL FINANCIAL SERVICES FUND
THE HARTFORD GLOBAL HEALTH FUND
THE HARTFORD GLOBAL TECHNOLOGY FUND
THE HARTFORD INTERNATIONAL SMALL COMPANY FUND
THE HARTFORD INTERNATIONAL CAPITAL APPRECIATION FUND
THE HARTFORD INTERNATIONAL OPPORTUNITIES FUND
THE HARTFORD GLOBAL LEADERS FUND
THE HARTFORD FOCUS FUND
THE HARTFORD SMALL COMPANY FUND
THE HARTFORD CAPITAL APPRECIATION FUND
THE HARTFORD MIDCAP VALUE FUND
THE HARTFORD MIDCAP FUND
THE HARTFORD STOCK FUND
THE HARTFORD GROWTH AND INCOME FUND
THE HARTFORD VALUE FUND
THE HARTFORD DIVIDEND AND GROWTH FUND
THE HARTFORD ADVISERS FUND
THE HARTFORD HIGH YIELD FUND
THE HARTFORD BOND INCOME STRATEGY FUND
THE HARTFORD MONEY MARKET FUND
NOTICE OF SPECIAL MEETING OF SHAREHOLDERS
A Special Meeting of Shareholders (the "Meeting") of the Hartford Funds
listed above (each a "Fund," and collectively, the "Funds"), each a series of
The Hartford Mutual Funds, Inc., will be held at the offices of Hartford
Investment Financial Services, LLC at 200 Hopmeadow Street, Simsbury,
Connecticut 06089, on July 16, 2002, at 10:00 a.m., Eastern time, for the
following purposes:
I. To elect a Board of Directors.
II. To approve proposals to adopt, eliminate, or revise certain
fundamental investment policies of the Funds. (To be considered separately
by the applicable Funds, as described in the enclosed proxy statement.)
III. To consider and act upon such other matters as may properly come
before the Meeting.
The Board of Directors unanimously recommends approval of each item listed
in this Notice.
Shareholders of record as of the close of business on May 7, 2002 are
entitled to notice of and to vote at the Meeting.
By order of the Board of Directors,
KEVIN J. CARR
Secretary
June 6, 2002
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YOUR VOTE IS IMPORTANT. WHETHER OR NOT YOU PLAN TO ATTEND THE MEETING, PLEASE
GRANT YOUR PROXY BY TELEPHONE, OVER THE INTERNET, OR BY SIGNING, DATING, AND
RETURNING THE ENCLOSED PROXY CARD(S) IN THE ENCLOSED ENVELOPE SO THAT YOU WILL
BE REPRESENTED AT THE MEETING.
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2
THE HARTFORD MUTUAL FUNDS, INC.
200 Hopmeadow Street
Simbsbury, Connecticut 06089
THE HARTFORD GLOBAL COMMUNICATIONS FUND
THE HARTFORD GLOBAL FINANCIAL SERVICES FUND
THE HARTFORD GLOBAL HEALTH FUND
THE HARTFORD GLOBAL TECHNOLOGY FUND
THE HARTFORD INTERNATIONAL SMALL COMPANY FUND
THE HARTFORD INTERNATIONAL CAPITAL APPRECIATION FUND
THE HARTFORD INTERNATIONAL OPPORTUNITIES FUND
THE HARTFORD GLOBAL LEADERS FUND
THE HARTFORD FOCUS FUND
THE HARTFORD SMALL COMPANY FUND
THE HARTFORD CAPITAL APPRECIATION FUND
THE HARTFORD MIDCAP VALUE FUND
THE HARTFORD MIDCAP FUND
THE HARTFORD STOCK FUND
THE HARTFORD GROWTH AND INCOME FUND
THE HARTFORD VALUE FUND
THE HARTFORD DIVIDEND AND GROWTH FUND
THE HARTFORD ADVISERS FUND
THE HARTFORD HIGH YIELD FUND
THE HARTFORD BOND INCOME STRATEGY FUND
THE HARTFORD MONEY MARKET FUND
PROXY STATEMENT
The enclosed proxy is solicited on behalf of the Board of Directors of The
Hartford Mutual Funds, Inc. (the "Company") for use at the Special Meeting of
Shareholders (the "Meeting") of the Hartford Funds listed above, each a series
of the Company (each a "Fund," and collectively, the "Funds"), to be held on
July 16, 2002, at 10:00 a.m. Eastern time, at the offices of Hartford Investment
Financial Services, LLC ("HIFSCO") at 200 Hopmeadow Street, Simsbury,
Connecticut 06089 and at any adjournment thereof. The Meeting will be held for
the purposes set forth in the accompanying Notice of Special Meeting of
Shareholders (the "Notice"). Shareholders of record as of the close of business
on May 7, 2002 (the "Record Date") are entitled to notice of and to vote at the
Meeting or at any adjourned session. The Notice, this Proxy Statement, and the
enclosed form(s) of proxy are first being mailed or otherwise made available to
shareholders on or about June 6, 2002.
If you own shares of more than one Fund, you should grant your proxy by
telephone, over the Internet, or by signing, dating, and returning a proxy card
for each Fund of which you are a shareholder; for example, if you own shares of
The Hartford Focus Fund and The Hartford Stock Fund, you should provide your
proxy for each of those Funds. A DIFFERENT PROXY CARD IS ENCLOSED FOR EACH FUND
IN WHICH YOU ARE A SHAREHOLDER. IF YOU GRANT YOUR PROXY BY MAIL, YOU SHOULD SIGN
AND RETURN EACH OF THE CARDS.
Each share is entitled to one vote, with fractional shares voting
proportionally. None of the matters to be presented at the Meeting will entitle
any shareholder to cumulative voting or appraisal rights. Shares represented by
duly executed proxies will be voted in accordance with the specification made.
If no specification is made, shares will be voted in accordance with the
recommendations of the Board of Directors. You may revoke or change a proxy at
any time before it is exercised, by sending or delivering a written revocation
to the Secretary of the Company (which will be effective when it is received by
the Secretary), by properly executing a later-dated proxy (which will be
effective when it is received by the Secretary), by attending the Meeting,
requesting return of your proxy, and voting in person, or by granting a new
proxy by telephone or over the Internet. If you grant a proxy by telephone or
over the Internet, your most current telephone or Internet proxy is the one that
will be counted at the Meeting.
HIFSCO is the investment manager and the underwriter for each Fund. The
address of HIFSCO is 200 Hopmeadow Street, Simsbury, Connecticut 06089. Hartford
Investment Management Company ("HIMCO") is a sub-adviser to The Hartford High
Yield Fund, The Hartford Bond Income Strategy Fund, and The Hartford Money
Market Fund. HIMCO's address is 55 Farmington Avenue, Hartford, Connecticut
06105. Wellington Management Company LLP ("Wellington Management") is a
sub-adviser to each of the remaining Funds. Wellington Management's address is
75 State Street, Boston, Massachusetts 02109.
The following table shows the number of outstanding shares of each Fund as
of the Record Date:
TABLE 1
<Table>
FUND SHARES OUTSTANDING
- -------------------------------------------------- ----------------
The Hartford Advisers Fund........................ 184,249,605
The Hartford Bond Income Strategy Fund............ 30,618,828
The Hartford Capital Appreciation Fund............ 172,647,113
The Hartford Dividend and Growth Fund............. 73,628,322
The Hartford Focus Fund........................... 16,570,329
The Hartford Global Communications Fund........... 1,626,483
The Hartford Global Financial Services Fund....... 1,968,449
The Hartford Global Health Fund................... 18,667,279
The Hartford Global Leaders Fund.................. 41,027,166
The Hartford Global Technology Fund............... 13,603,446
The Hartford Growth and Income Fund............... 40,263,656
</Table>
2
<Table>
<Caption>
FUND SHARES OUTSTANDING
- ---- ------------------
The Hartford High Yield Fund...................... 24,641,616
The Hartford International Capital Appreciation
Fund............................................ 720,307
The Hartford International Opportunities Fund..... 13,802,897
The Hartford International Small Company Fund..... 537,163
The Hartford MidCap Fund.......................... 71,106,806
The Hartford MidCap Value Fund.................... 14,768,748
The Hartford Money Market Fund.................... 360,354,781
The Hartford Small Company Fund................... 20,526,714
The Hartford Stock Fund........................... 126,814,179
The Hartford Value Fund........................... 5,370,487
</Table>
COPIES OF THE MOST RECENT ANNUAL AND SEMI-ANNUAL REPORTS ISSUED BY THE
COMPANY INCLUDING INFORMATION ABOUT EACH FUND MAY BE OBTAINED WITHOUT CHARGE.
FOR COPIES, PLEASE CALL THE COMPANY AT 1-888-843-7824 OR WRITE THE COMPANY AT
P.O. BOX 64387, ST. PAUL, MINNESOTA 55164-0387.
SUMMARY OF PROPOSALS AND FUNDS AFFECTED
The following table summarizes the voting on the proposals:
TABLE 2
<Table>
<Caption>
PROPOSAL SHAREHOLDERS ENTITLED TO VOTE
-------- -----------------------------
Proposal I......... Election of Directors Shareholders of all Funds,
voting as a single class.
Proposal II........ A(i). Proposal to revise the Shareholders of each Fund
fundamental policy regarding voting separately by Fund.
the issuing of senior
securities.
A(ii). Proposal to revise the Shareholders of each Fund
fundamental policy regarding voting separately by Fund.
the borrowing of money.
B. Proposal to revise the Shareholders of each Fund
fundamental policy regarding voting separately by Fund,
investment concentrations EXCEPT the following Funds:
within a particular industry.
The Hartford Global
Communications Fund, The
Hartford Global Financial
Services Fund, The Hartford
Global Health Fund, and The
Hartford Global Technology
Fund
C. Proposal concerning Shareholders of the following
fundamental policies regarding Funds voting separately by
investments within certain Fund:
industries.
The Hartford Global
Communications Fund, The
Hartford Global Financial
Services Fund, The Hartford
Global Health Fund, and The
Hartford Global Technology
Fund
</Table>
3
<Table>
<Caption>
PROPOSAL SHAREHOLDERS ENTITLED TO VOTE
-------- -----------------------------
D. Proposal to revise the Shareholders of each Fund
fundamental policy regarding voting separately by Fund.
the making of loans.
E. Proposal to revise the Shareholders of each Fund
fundamental policy regarding voting separately by Fund.
underwriting securities.
F. Proposal to revise the Shareholders of each Fund
fundamental policy regarding voting separately by Fund.
investments in real estate and
interests therein.
G. Proposal to revise the Shareholders of each Fund
fundamental policy regarding voting separately by Fund.
purchases and sales of
commodities and commodities
contracts.
H. Proposal to eliminate the Shareholders of each Fund
fundamental policy regarding voting separately by Fund,
the diversification of EXCEPT the following Funds:
investments.
The Hartford Global
Communications Fund, The
Hartford Global Financial
Services Fund, The Hartford
Global Health Fund, The
Hartford Global Technology
Fund, and The Hartford Focus
Fund
</Table>
PROPOSAL I
ELECTION OF BOARD OF DIRECTORS
The Board of Directors of the Company has fixed the number of Directors at
nine and is recommending that shareholders approve the election of nine nominees
for Director. Of these, seven currently serve as Directors: Winifred Ellen
Coleman, Duane E. Hill, William Atchison O'Neill, Millard Handley Pryor, Jr.,
John Kelley Springer, Lowndes Andrew Smith, and David M. Znamierowski. The other
two nominees are currently Directors of other Hartford-affiliated mutual funds.
They are Phillip O. Peterson and Robert M. Gavin. Each nominee for election has
consented to serve as Director if elected.
The Nominating Committee of the Board of Directors reviewed and approved
the nomination of each nominee. The Board of Directors, in turn, has approved
the nominations and is recommending that shareholders vote in favor of each
nominee.
Biographical data for each of the nominees is set forth below, together
with information concerning the current officers of the Company. If elected,
each Director will serve until his or her death, resignation, or retirement or
until the next annual meeting of stockholders, if any, and his or her successor
is elected and qualifies.
4
The mailing address for each nominee is: c/o Secretary, The Hartford Mutual
Funds, Inc. 55 Farmington Avenue, Hartford, CT 06105.
NOMINEES FOR ELECTION AS NON-INTERESTED DIRECTORS
<Table>
<Caption>
NUMBER OF
PORTFOLIOS
POSITION TERM OF IN FUND OTHER
HELD OFFICE* AND PRINCIPAL COMPLEX DIRECTORSHIPS
WITH THE LENGTH OF OCCUPATION(S) DURING OVERSEEN HELD BY
NAME AND AGE COMPANY TIME SERVED LAST 5 YEARS BY DIRECTOR DIRECTOR
- ------------ -------- ----------- -------------------- ----------- -------------
Winifred Ellen Coleman....... Director Since 1996 Ms. Coleman has 48 N/A
(age 69) served as President
of Saint Joseph
College since 1991
and President of
Cashel House, Ltd.
(retail) since 1985.
Dr. Robert M. Gavin.......... N/A New Nominee Mr. Gavin is an 24 Mr. Gavin is
(age 61) educational a Director of
consultant. Prior to Systems &
September 1, 2001, Computer
he was President of Technology
Cranbrook Education Corporation.
Community and prior
to July 1996 he was
President of
Macalester College,
St. Paul, MN.
Duane E. Hill................ Director Since 2001 Mr. Hill is Partner 48 N/A
(age 56) Emeritus and a
founding partner of
TSG Capital Group, a
private equity
investment firm that
serves as sponsor
and lead investor in
leveraged buyouts of
middle market
companies. Mr. Hill
is also a Partner of
TSG Ventures L.P., a
private equity
investment company
that invests
primarily in
minority-owned small
businesses. Mr. Hill
currently serves as
Chairman of the City
of Stamford, CT
Planning Board and a
director of the
Stamford Cultural
Development
Corporation.
</Table>
5
<Table>
<Caption>
NUMBER OF
PORTFOLIOS
POSITION TERM OF IN FUND OTHER
HELD OFFICE* AND PRINCIPAL COMPLEX DIRECTORSHIPS
WITH THE LENGTH OF OCCUPATION(S) DURING OVERSEEN HELD BY
NAME AND AGE COMPANY TIME SERVED LAST 5 YEARS BY DIRECTOR DIRECTOR
- ------------ -------- ----------- -------------------- ----------- -------------
William Atchison O'Neill..... Director Since 1996 The Honorable 48 N/A
(age 71) William A. O'Neill
served as Governor
of the State of
Connecticut from
1980 until 1991. He
is presently
retired.
Phillip O. Peterson.......... N/A New Nominee Mr. Peterson is a 24 N/A
(age 57) mutual fund industry
consultant. He was a
Partner of KPMG LLP,
through June, 1999.
Millard Handley Pryor, Director Since 1996 Mr. Pryor has served 48 Mr. Pryor is
Jr. ........................ as Managing Director a Director of
(age 68) of Pryor & Clark Infodata
Company (real estate Systems, Inc.
investment), (software
Hartford, company) and
Connecticut, since CompuDyne
June, 1992. Corporation
(security
products and
services).
John Kelley Springer......... Director Since 1996 Mr. Springer served 48 N/A
(age 70) as Chairman of
MedSpan, Inc.
(health maintenance
organization) until
March 2002.
</Table>
6
NOMINEES FOR ELECTION AS INTERESTED DIRECTORS
<Table>
<Caption>
NUMBER OF
PORTFOLIOS
POSITION TERM OF IN FUND OTHER
HELD OFFICE* AND PRINCIPAL COMPLEX DIRECTORSHIPS
WITH THE LENGTH OF OCCUPATION(S) DURING OVERSEEN HELD BY
NAME AND AGE COMPANY TIME SERVED LAST 5 YEARS BY DIRECTOR DIRECTOR
- ------------ -------- ----------- -------------------- ----------- -------------
Lowndes Andrew Smith**....... Director Since 1996 Mr. Smith served as 48 N/A
(age 62) Vice Chairman of
Hartford Financial
Services Group, Inc.
("The Hartford")
from February 1997
to January 2002, as
President and Chief
Executive Officer of
Hartford Life, Inc.
("Hartford Life")
from February 1997
to January 2002, and
as President and
Chief Operating
Officer of The
Hartford Life
Insurance Company
from January 1989 to
January 2002.
David M. Znamierowski***..... President Since 2001 Mr. Znamierowski 71 N/A
(age 41) and currently serves as
Director President of HIMCO
and Senior Vice
President, Chief
Investment Officer
and Director of
Investment Strategy
for Hartford Life.
Mr. Znamierowski is
also a Managing
Member and Senior
Vice President of
HIFSCO and HL
Investment Advisors,
LLC ("HL Advisors").
In addition, Mr.
Znamierowski is the
Group Senior Vice
President and Chief
Investment Officer
for The Hartford.
</Table>
- ---------------
* Each Director serves until his or her death, resignation, or retirement or
until the next annual meeting of stockholders, if any, and his or her
successor is elected and qualifies. Mr. O'Neill is expected to retire from
the Board of Directors in August, 2002.
7
** Mr. Smith is an "interested" Director due to the positions he held with The
Hartford until January 2002, and because of his holdings of The Hartford's
stock.
*** Mr. Znamierowski is an "interested" Director due to the positions he holds
with HIMCO and its affiliates, and because of his holdings of The Hartford's
stock.
OFFICERS
<Table>
<Caption>
POSITION TERM OF
HELD OFFICE* AND
WITH THE LENGTH OF PRINCIPAL OCCUPATION(S) DURING THE
COMPANY TIME SERVED LAST 5 YEARS
NAME, AGE AND ADDRESS -------- ----------- ------------------------------------------
Kevin J. Carr............... Vice Since 1996 Mr. Carr has served as Assistant General
(age 47) President Counsel since 1999, Counsel since November
55 Farmington Avenue and 1996, and Associate Counsel since November
Hartford, CT 06105 Secretary 1995, of The Hartford.
Tamara L. Fagely............ Vice Since 2002 Ms. Fagely has been Vice President of
(age 43) President, Hartford Administrative Services Company
500 Bielenberg Drive Controller ("HASCO") since 1998. Prior to 1998, she
Woodbury, MN 55125 and was Second Vice President of HASCO. She
Treasurer also has served as Assistant Vice
President of Hartford Life Insurance
Company since December 2001.
Bruce Ferris................ Vice Since 2002 Mr. Ferris serves as Vice President and a
(age 46) President director of sales and marketing in the
P.O. Box 2999 Investment Products Division of Hartford
Hartford, CT 06104-2999 Life Insurance Company.
George Richard Jay.......... Vice Since 1996 Mr. Jay has served as Secretary and
(age 50) President Director, Life and Equity Accounting and
P.O. Box 2999 Financial Control, of Hartford Life
Hartford, CT 06104-2999 Insurance Company since 1987.
Ryan Johnson................ Vice Since 2002 Mr. Johnson has served as Vice President
(age 41) President and a director of sales and marketing in
P.O. Box 2999 the Investment Products Division of
Hartford, CT 06104-2999 Hartford Life Insurance Company since
1999. Previously he was with Guardian
Insurance Company in New York, New York.
Stephen T. Joyce............ Vice Since 2000 Mr. Joyce currently serves as Senior Vice
(age 42) President President and director of investment
P.O. Box 2999 products management for Hartford Life
Hartford, CT 06104-2999 Insurance Company. Previously he served as
Vice President (1997-1999) and Assistant
Vice President (1994-1997) of Hartford
Life Insurance Company.
David N. Levenson........... Vice Since 2000 Mr. Levenson serves as Senior Vice
(age 35) President President of Hartford Life Insurance
P.O. Box 2999 Company and is responsible for the
Hartford, CT 06104-2999 Company's mutual funds line of business
and its corporate retirement plans line of
business. Mr. Levenson joined The Hartford
in 1995. Mr. Levenson is also a senior
vice president of HIFSCO.
</Table>
8
<Table>
<Caption>
POSITION TERM OF
HELD OFFICE* AND
WITH THE LENGTH OF PRINCIPAL OCCUPATION(S) DURING THE
COMPANY TIME SERVED LAST 5 YEARS
NAME, AGE AND ADDRESS -------- ----------- ------------------------------------------
Thomas Michael Marra........ Vice Since 1996 Mr. Marra is President and Chief Operating
(age 43) President Officer of Hartford Life. He is also a
P.O. Box 2999 member of the Board of Directors and a
Hartford, CT 06104-2999 member of the Office of the Chairman for
The Hartford, the parent company of
Hartford Life. Named President of Hartford
Life in 2001 and COO in 2000, Mr. Marra
served as Executive Vice President and
Director of Hartford Life's Investment
Products Division from 1998 to 2000. He
was head of the company's Individual Life
and Annuities Division from 1994 to 1998
after being promoted to Senior Vice
President in 1994 and to Executive Vice
President in 1996. From 1990 to 1994, Mr.
Marra was Vice President and Director of
Individual Annuities. Mr. Marra is also a
Managing Member and Executive Vice
President of HIFSCO and HL Advisors.
John C. Walters............. Vice Since 2000 Mr. Walters serves as Executive Vice
(age 39) President President and Director of the Investment
P.O. Box 2999 Products Division of Hartford Life
Hartford, CT 06104-2999 Insurance Company. Previously Mr. Walters
was with First Union Securities and its
predecessor from 1984 to 2000. Mr. Walters
is also a Managing Member and Executive
Vice President of HIFSCO and HL Advisors.
David M. Znamierowski....... President Since 1999 See biographical information under
(Age 41) and "Nominees for Election as Interested
55 Farmington Avenue Director Directors" above.
Hartford, CT 06105
</Table>
- ---------------
* Each officer serves at the pleasure of the Board of Directors.
CERTAIN INFORMATION REGARDING DIRECTORS AND OFFICERS. Messrs. Peterson and
Gavin are also directors of Fortis Securities, Inc., a closed-end registered
investment company, Hartford HLS Series Fund II, Inc., an open-end registered
investment company, and The Hartford Mutual Funds II, Inc., an open-end
registered investment company. All other non-interested Directors of the Company
are non-interested directors of 13 other registered investment companies in the
fund complex. David Znamierowski is a Director of the 16 other registered
investment companies in the fund complex. All of the officers of the Company
listed above are also officers of those 16 other registered investment companies
in the fund complex. Lowndes Smith serves as a director with 13 other registered
investment companies in the fund complex.
The Company's Articles of Incorporation does not provide for the annual
election of directors unless specifically required by the Investment Company Act
of 1940, as amended (the "1940 Act"), or Maryland law. However, in accordance
with the 1940 Act, (i) the Company will hold a shareholders' meeting for the
election of Directors at such time as less than a majority of the Directors
holding office has been elected by the shareholders and (ii) a vacancy among the
Directors may be filled by the remaining Directors only if, immedi-
9
ately after such vacancy is filled, at least two-thirds of the Directors holding
office shall have been elected by the shareholders.
The full Board of Directors met seven times during the fiscal year ended
October 31, 2001. During such fiscal year, each incumbent Director attended at
least 75% of the aggregate of the number of meetings of the Board of Directors
and the number of meetings held by all committees of which he was a member that
were held while he was serving on the Board of Directors or on such committee.
STANDING COMMITTEES. The Board of Directors has established an Audit
Committee and a Nominating Committee for the Company. Each Committee is made up
of those directors who are not "interested persons" of the Company. The Audit
Committee (i) oversees the Funds' accounting and financial reporting policies
and practices, its internal controls, and, as appropriate, the internal controls
of certain service providers, (ii) oversees the quality and objectivity of the
Funds' financial statements and the independent audit thereof, and (iii) acts as
a liaison between the Funds' independent auditors and the full Board of
Directors. The Nominating Committee screens and selects candidates to the Board
of Directors. Any recommendations for nominees should be directed to the
Secretary of The Hartford Mutual Funds, Inc., who will then forward them to the
Nominating Committee. The Nominating Committee will consider nominees
recommended by shareholders if the Committee is considering other nominees at
the time of the recommendation and if the nominee meets the Committee's
criteria. The Audit Committee and Nominating Committee met two times and one
time, respectively, during the fiscal year ended October 31, 2001.
If the nominees to the Board of Directors are elected, the composition of
the Company's standing committees will likely change.
INDEPENDENT ACCOUNTANTS. On April 30, 2002, Ernst & Young LLP was selected
as independent accountants for the Funds' current fiscal year; on that date,
Arthur Andersen LLP's engagement as independent accountants for the Funds was
terminated. The determination to retain Ernst & Young LLP and to terminate
Arthur Andersen LLP's engagement was made by the Board of Directors, upon the
recommendation of the Funds' Audit Committee. The action was not the result of
any disagreement or difference of opinion between the Funds or their management
and Arthur Andersen LLP, nor had there been any such disagreements or
differences of opinion during the past two fiscal years of the Funds. Each
opinion expressed by Arthur Andersen LLP on the financial statements of the
Funds during the last two fiscal years was unqualified. It is not expected that
representatives of Ernst & Young LLP will be present at the Meeting.
10
Audit Fees. For the fiscal year ended October 31, 2001, the approximate
aggregate fee paid to Arthur Andersen LLP for professional services rendered for
the audit of the annual financial statements for the Funds was $317,000.
All Other Fees. In fiscal 2001, The Hartford and its affiliates paid
approximately $131,000 to Ernst & Young LLP for non-audit services. In selecting
Ernst & Young LLP as the independent accountants for the Funds, the Board of
Directors considered that Ernst & Young LLP has provided, and may in the future
provide, services to The Hartford and its affiliates.
HOLDINGS AND REMUNERATION OF DIRECTORS. The following table discloses the
dollar range of equity securities beneficially owned by each Director or nominee
(i) in each Fund and (ii) on an aggregate basis in any registered investment
companies overseen by the Director within the same family of investment
companies.
TABLE 3
<Table>
<Caption>
AGGREGATE DOLLAR RANGE
OF EQUITY SECURITIES IN
ALL REGISTERED
INVESTMENT COMPANIES
OVERSEEN BY DIRECTOR IN
FAMILY OF INVESTMENT
NAME OF DIRECTOR OR NOMINEE DOLLAR RANGE OF EQUITY SECURITIES IN THE FUND COMPANIES
- --------------------------- ------------------------------------------------- -----------------------
Winifred Ellen Coleman..... $1-$10,000 -- The Hartford Small Company Fund
$1-$10,000 -- The Hartford Global Leaders Fund
$1-$10,000 -- The Hartford MidCap Fund
$10,001-$50,000 -- The Hartford International
Opportunities Fund
$10,001-$50,000 -- The Hartford Advisers Fund
$10,001-$50,000 -- The Hartford Stock Fund Over $100,000
$10,001-$50,000 -- The Hartford Dividend and
Growth Fund
$10,001-$50,000 -- The Hartford Capital
Appreciation Fund
Robert M. Gavin............ $10,001-$50,000 -- The Hartford Money Market Fund $10,001-$50,000
Duane E. Hill.............. None None
William Atchison O'Neill... $10,001-$50,000 -- The Hartford Bond Income $10,001-$50,000
Strategy Fund
Philip O. Petersen......... None None
Millard Handley Pryor,
Jr........................ $50,001-$100,000 -- The Hartford Stock Fund $50,001-$100,000
</Table>
11
<Table>
<Caption>
AGGREGATE DOLLAR RANGE
OF EQUITY SECURITIES IN
ALL REGISTERED
INVESTMENT COMPANIES
OVERSEEN BY DIRECTOR IN
FAMILY OF INVESTMENT
NAME OF DIRECTOR OR NOMINEE DOLLAR RANGE OF EQUITY SECURITIES IN THE FUND COMPANIES
- --------------------------- ------------------------------------------------- -----------------------
Lowndes Andrew Smith....... $1-$10,000 -- The Hartford International
Opportunities Fund
$10,001-$50,000 -- The Hartford MidCap Fund
$10,001-$50,000 -- The Hartford Global Technology
Fund
$10,001-$50,000 -- The Hartford Global Leaders
Fund
$50,001-$100,000 -- The Hartford Focus Fund
$50,001-$100,000 -- The Hartford Global Health
Fund
$10,001-$50,000 -- The Hartford Small Company
Fund Over $100,000
$10,001-$50,000 -- The Hartford Capital
Appreciation Fund
Over $100,000 -- The Hartford High Yield Fund
$1-$10,000 -- The Hartford Advisers Fund
John Kelley Springer....... None Over $100,000
David Mark Znamierowski.... $10,001-$50,000 -- The Hartford High Yield Fund $10,001-$50,000
</Table>
- ---------------
* The valuation date for purposes of this Table 3 is May 7, 2002.
The Company does not pay salaries or compensation to any of its officers or
Directors who are employed by The Hartford. The chart below sets forth the
compensation paid by the Funds and Fund Complex for the year ended October 31,
2001 to the non-interested Directors who are nominees for reelection.
TABLE 4
<Table>
<Caption>
PENSION RETIREMENT TOTAL COMPENSATION
AGGREGATE BENEFITS ACCRUED ESTIMATED ANNUAL FROM THE FUNDS
COMPENSATION AS PART OF BENEFITS UPON AND FUND COMPLEX
NAME OF PERSON, POSITION FROM THE FUNDS FUND EXPENSES RETIREMENT PAID TO DIRECTORS*
- ------------------------ -------------- ------------------ ---------------- ------------------
Winifred E. Coleman,
Director............. $14,800 $0 $0 $74,000
Duane E. Hill**,
Director............. $ 2,600 $0 $0 $13,000
William A. O'Neill,
Director............. $14,800 $0 $0 $74,000
Millard H. Pryor, Jr.,
Director............. $14,800 $0 $0 $74,000
John K. Springer,
Director............. $14,800 $0 $0 $74,000
</Table>
- ---------------
* As of October 31, 2001, 14 registered investment companies in the Fund
Complex paid compensation to the Directors.
** Mr. Hill became a Director on September 24, 2001.
12
The sales load for Class A shares of the Company is waived for present and
former officers, Directors, and employees of the Company, The Hartford,
Wellington Management, the transfer agent, and each of their affiliates. This
waiver is designed to provide an incentive for individuals that are involved and
affiliated with the Funds and their operations to invest in the Funds.
The Company's Articles of Incorporation provides that the Company, to the
fullest extent permitted or required by Maryland law and the federal securities
laws, shall indemnify the Directors and officers of the Company. The Company's
Articles of Incorporation, however, does not protect any Director or officer
against any liability to which he or she would otherwise be subject by reason of
or for willful misfeasance, bad faith, gross negligence, or reckless disregard
or such person's duties.
To the knowledge of the Company, as of May 7, 2002, the officers and
Directors of the Company as a group beneficially owned less than 1% of the
outstanding shares of each Fund.
RECOMMENDED SHAREHOLDER ACTION AND REQUIRED VOTE. The Directors recommend
that the shareholders vote for each nominee. A majority of the votes properly
cast at the Meeting is required for the election of Directors. Shares of all
Funds shall vote as a single class for the Directors. Shareholders have no
cumulative voting rights. Broker non-votes will have no effect on the election
of Directors.
PROPOSAL II
CHANGES TO FUNDAMENTAL INVESTMENT POLICIES
As described in the following proposals, HIFSCO has recommended to the
Board of Directors, and the Board of Directors is recommending to shareholders,
that fundamental investment policies be adopted, eliminated, or revised. The
purpose of the proposals is in most cases to modernize the fundamental policies
that are required under applicable law and to bring them in line with other
fundamental policies in place, or expected to be put in place, for other
Hartford mutual funds. No change in the Funds' investment strategies or
approaches is expected as a result of the proposed changes to the Funds'
fundamental investment policies. The Board of Directors is recommending that
shareholders approve each of the proposals.
BACKGROUND
Each of the Funds has adopted certain "fundamental" investment policies.
Fundamental investment policies or restrictions can be changed only by
shareholder vote. Some of the Funds' fundamental investment policies were
adopted in order to comply with the requirements of the 1940 Act. Others were
adopted in the past in response to regulatory, business, or industry
requirements
13
or conditions that in many cases no longer prevail. The specific proposals, and
HIFSCO's reasons for recommending them, are described below. Many of the
proposed revised fundamental policies are the same as those that currently apply
to, or are expected to be adopted by, other funds in the Hartford Fund Family.
The effect of implementing these proposals should be to reduce the
compliance burdens of monitoring, and ensuring compliance with, varying sets of
fundamental policies -- some differing from each other by only a few
words -- across the Hartford Fund Family.
If shareholders of a Fund do not approve a proposal, the fundamental
investment policy in question will remain in effect for that Fund, and the Board
of Directors will determine any further appropriate steps to be taken.
PROPOSALS
Note: Appendix A to this Proxy Statement sets out the specific fundamental
investment policies proposed to be added, eliminated, or revised, and the text
of any proposed revision. The descriptions of the proposed, addition,
eliminations, and revisions set out below are qualified in their entirety by
reference to Appendix A.
A. (i) REVISION TO THE FUNDAMENTAL POLICY REGARDING THE ISSUING OF SENIOR
SECURITIES.
(ii) REVISION TO THE FUNDAMENTAL POLICY REGARDING THE BORROWING OF
MONEY.
If this proposal is approved by the shareholders of a Fund, the Fund's
fundamental policy regarding borrowing money and issuing senior securities will
be combined to read as follows:
The Fund will not borrow money or issue any class of senior
securities, except to the extent consistent with the Investment Company Act
of 1940, as amended, and the rules and regulations thereunder, or as may
otherwise be permitted from time to time by regulatory authority.
14
With respect to restrictions on the issuing of senior securities and the
borrowing of money, the Funds may be classified into two groups, Group A and
Group B.
<Table>
<Caption>
GROUP A GROUP B
------- -------
Global Health Fund Global Communications Fund
Global Technology Fund Global Financial Services Fund
Capital Appreciation Fund Focus Fund
Dividend and Growth Fund Value Fund
Global Leaders Fund MidCap Value Fund
Growth and Income Fund International Capital Appreciation Fund
Stock Fund International Small Company Fund
International Opportunities
Fund
MidCap Fund
Small Company Fund
Advisers Fund
High Yield Fund
Bond Income Strategy Fund
Money Market Fund
</Table>
Each of the Group A Funds is subject to a fundamental policy prohibiting
the Fund from (1) issuing senior securities and (2) borrowing money, except from
banks and then only if immediately after such borrowing there is asset coverage
of at least 300% as defined in the 1940 Act.
Each of the Group B Funds is subject to fundamental policies prohibiting
the Fund from (1) issuing senior securities to the extent such issuance would
violate applicable law and (2) borrowing money, except that a Fund may (a)
borrow from banks (as defined in the 1940 Act) and through reverse repurchase
agreements in amounts up to 33.33% of its total assets (including the amount
borrowed), (b) to the extent permitted by applicable law, borrow up to an
additional 5% of its total assets for temporary purposes, (c) obtain such
short-term credits as may be necessary for the clearance of purchases and sales
of portfolio securities, (d) purchase securities on margin to the extent
permitted by applicable law, and (e) engage in transactions in mortgage dollar
rolls which are accounted for as financings.
The 1940 Act generally permits a mutual fund to borrow money from a bank in
an amount equal to one-third of its total assets, including the amount borrowed.
A mutual fund may engage in other types of transactions that create leverage,
such as reverse repurchase agreements, if it complies with various regulatory
requirements (for example, the segregation of assets). This proposal is
recommended to clarify that each Fund has the ability to borrow money to the
full extent consistent with law or regulatory interpretation. The proposal would
eliminate the distinction between Group A and Group B Funds. If the
15
proposal is approved by a Group A Fund, the Fund will be permitted to borrow
money in any manner consistent with the 1940 Act, which may include the use of
reverse repurchase agreements, purchases of securities on margin, and other
leveraging techniques. Approval of the proposal by a Group B Fund is not
expected to increase the Fund's ability to borrow money or engage in leverage
transactions (although the specific 33.33% limitation will be eliminated).
The proposed policy, like the existing policies, would permit a Fund to
borrow money for the purpose of investing in additional securities. This
practice, known as "leverage," would increase a Fund's market exposure and its
risk. When a Fund has borrowed money for leverage and its investments increase
or decrease in value, the Fund's net asset value will normally increase or
decrease more than if it had not borrowed money. The Fund would also incur
interest expense on borrowed money. The extent to which a Fund borrows money and
the amount it may borrow depends, in part, on market conditions and interest
rates. Successful use of leverage would depend on the investment adviser's
ability to predict market movements correctly.
Each of the Funds is currently subject to a non-fundamental investment
restriction prohibiting it from purchasing any security on margin (except that a
Fund may obtain such short-term credit as may be necessary for the clearance of
purchases and sales of portfolio securities). That policy does not apply to
margin arrangements in connection with futures contracts or related options. In
addition, each Fund is subject to a non-fundamental policy prohibiting it from
purchasing securities while outstanding borrowings exceed 5% of its total
assets. Although these policies may be changed or eliminated by the Board of
Directors without shareholder approval, the Board of Directors has no current
intention of doing so. In addition, the Funds' investment adviser has no current
intention of proposing any such change to those non-fundamental investment
restrictions.
If adopted by the shareholders of a Fund, this policy is not expected to
alter the investment practices of the Fund.
B. REVISION TO THE FUNDAMENTAL POLICY REGARDING INVESTMENT CONCENTRATIONS
WITHIN A PARTICULAR INDUSTRY.
(Not applicable to The Hartford Global Communications Fund, The Hartford
Global Financial Services Fund, The Hartford Global Health Fund, or The Hartford
Global Technology Fund.)
Each Fund, with the exception of the Funds listed above, is subject to a
fundamental policy providing that the Fund will not invest 25% or more of its
total assets in the securities of one or more issuers conducting their principal
business activities in the same industry. The fundamental policy states that
this limitation does not apply to investments in U.S. government securities. If
this
16
proposal is approved by the shareholders of a Fund, the fundamental policy
relating to the concentration of investments will be amended and restated as
follows:
The Fund will not purchase the securities of any issuer (other than
securities issued or guaranteed by the U.S. government or any of its
agencies or instrumentalities) if, as a result, more than 25% of the Fund's
total assets would be invested in the securities of companies whose
principal business activities are in the same industry.
The proposed fundamental policy is substantially similar to the current
policy and is intended to standardize the fundamental policies among the
Hartford Fund Family. If adopted by the shareholders of a Fund, this policy is
not expected to alter the investment practices of the Fund.
A Fund that concentrates its investments in a particular industry or
industries could be exposed to greater risk to the extent that the particular
industry or industries in which it concentrates experiences adverse changes, and
it may be more volatile than one whose investments are more broadly distributed
among industries.
C. PROPOSAL CONCERNING FUNDAMENTAL POLICIES REGARDING INVESTMENTS WITHIN
CERTAIN INDUSTRIES.
(Applicable only to The Hartford Global Communications Fund, The Hartford
Global Financial Services Fund, The Hartford Global Health Fund, and The
Hartford Global Technology Fund (for the purposes of this subsection,
collectively the "Funds" and each a "Fund")).
Each of the Funds listed above focuses its investments in a particular
industry sector. The Funds have adopted the following policies:
The Hartford Global Communications Fund normally invests at least 25%
of its total assets, in the aggregate, in the following industries:
telecommunication services and media.
The Hartford Global Financial Services Fund normally invests at least
25% of its total assets, in the aggregate, in the following industries:
banks, diversified financials, and insurance.
The Hartford Global Health Fund normally invests at least 25% of its
total assets, in the aggregate, in the following industries:
pharmaceuticals, medical products, and health services.
The Hartford Global Technology Fund normally invests at least 25% of
its total assets, in the aggregate, in the following industries: computers
and computer equipment, software and computer services, electronics, and
communication equipment.
17
The Funds are proposing to clarify that each of these policies is
fundamental so that they may not be changed without a vote of shareholders of
the affected Funds.
It is also proposed that those policies for the Global Health Fund and
Global Technology Fund be modified to reflect industry groupings more precisely.
The modified policies would read as follows:
The Hartford Global Health Fund will normally invest at least 25% of
its total assets, in the aggregate, in the following industries:
pharmaceuticals and biotechnology, medical products, and health services.
The Hartford Global Technology Fund will normally invest at least 25%
of its total assets, in the aggregate, in the following industries:
technology hardware and equipment, software and computer services,
commercial services and supplies, electronics, and communication equipment.
A Fund that concentrates its investments in a particular industry or
industries could be exposed to greater risk to the extent that the particular
industry or industries in which it concentrates experience adverse changes, and
it may be more volatile than one whose investments are more broadly distributed
among industries.
The Hartford Global Communications Fund is subject to certain risks due to
its investments in the communications sector. Fierce competition in many
industries of the communications sector may cause companies to significantly
reduce the prices of their products, which can reduce the companies'
profitability. Should this occur throughout the sector, the value of the Fund's
investment portfolio could decline substantially. In addition, companies in this
sector can suffer significant adverse effects from obsolescence of existing
equipment, short product cycles, and new market entrants. Such effects could
reduce such companies' profitability and the market value of their securities.
Companies in this sector, particularly telephone operating companies, are often
subject to government regulation of rates of return and services that can be
offered.
The Hartford Global Financial Services Fund is subject to certain risks due
to its investments in the financial services sector. Each industry of the
financial services sector is subject to extensive government regulation which
can limit the amounts and types of loans and other financial commitments that
companies can make, the interest rates and fees that they can charge, and the
manner in which they distribute their products. Profitability can be largely
dependent on the availability and cost of capital and can fluctuate
significantly when interest rates change. Credit losses resulting from financial
difficulties of borrowers can negatively affect lending institutions. Insurance
companies can be subject to severe price competition. The financial services
sector generally is undergoing
18
rapid change as existing distinctions among financial service industries
diminish. For example, recent mergers have combined insurance, finance, and
securities brokerage under single ownership. Likewise, some primarily retail
companies have expanded into the securities brokerage and insurance industries.
The Hartford Global Health Fund is subject to certain risks due to its
investments in the health sector. Health care products and services are
generally subject to government regulation, and changes in laws or regulations
could adversely impact the market value of those securities and the Fund's
overall performance. Government regulation could have a significant, adverse
impact on the price and availability of a company's products and services.
Lawsuits and regulatory proceedings which may be brought against the issuers of
securities could also adversely impact the market value of securities and the
Fund's overall performance. Companies in the biotechnology industry are subject
to similar risks, and can be significantly affected by patent considerations,
intense competition, rapid technological change and obsolescence, and government
regulation.
The Hartford Global Technology Fund is subject to certain risks due to its
investments in the technology sector. Competition in the sector may cause
technology companies to cut prices significantly, which can adversely affect the
profitability of companies that make up the Fund's portfolio. In addition,
because of rapid technological developments, products or services which are
offered by technology companies may become obsolete or may be produced for a
relatively short time, which could adversely affect the price of securities of
issuers in the sector. Issuers in the technology hardware and commercial
services and supplies industries are subject to many of the same risks. In
addition, issuers in the commercial services and supplies industries can be
significantly affected by the ability to attract and retain skilled employees,
and the risk that business organizations may seek alternative, cost-effective
means to meet their needs.
D. REVISION TO THE FUNDAMENTAL POLICY REGARDING THE MAKING OF LOANS.
Each Fund has a fundamental investment restriction prohibiting it from
making loans, except through (a) the purchase of debt obligations in accordance
with the Fund's investment objective and policies, (b) repurchase agreements
with banks, brokers, dealers, and other financial institutions, and (c) loans of
cash or securities as permitted by applicable law. If shareholders of a Fund
approve this proposal, the Fund's fundamental policy regarding loans will be
amended and restated as follows:
The Fund will not make loans, except to the extent consistent with the
Investment Company Act of 1940, as amended, and the rules and
19
regulations thereunder, or as may otherwise be permitted from time to time
by regulatory authority.
The proposed fundamental policy is substantially similar to the one
currently in place, and would impose no limitations on a Fund's lending other
than those imposed by the 1940 Act and applicable regulation. The proposal is
intended to standardize the fundamental policies among the Hartford Fund Family
and to maximize the ability of a Fund to respond to regulatory changes.
When a Fund makes a loan, it takes the risk that the person or entity to
which it makes the loan will be unable or unwilling to repay the loan. Any such
failure to repay a loan or any delay in repaying a loan would likely result in a
loss to the Fund. When a Fund lends its portfolio securities to another party,
the Fund has the potential to increase its current income while retaining the
securities' potential for capital appreciation. Such loans are at all times
secured by cash or other collateral and involve some risk to the Fund if the
other party should default on its obligation to return the securities or to make
related payments. If the other party should become involved in bankruptcy
proceedings, the Fund may encounter a delay in recovery of or even a loss of
rights in the collateral.
If adopted by the shareholders of a Fund, this policy is not expected to
alter the investment practices of the Fund. Under current positions of the SEC
staff, no Fund may lend securities with a value of greater than 33 1/3% of the
value of the Fund's assets.
E. REVISION TO THE FUNDAMENTAL POLICY REGARDING UNDERWRITING SECURITIES.
Each Fund has a fundamental investment restriction prohibiting it from
underwriting securities issued by others, except to the extent that the sale of
portfolio securities by the Fund may be deemed to be an underwriting. If the
shareholders of a Fund approve this proposal, the Fund's fundamental policy
regarding underwriting will be amended and restated as follows:
The Fund will not act as an underwriter of securities of other
issuers, except to the extent that, in connection with the disposition of
portfolio securities, the Fund may be deemed an underwriter under
applicable laws.
The proposed fundamental policy is substantially similar to the current
policy and is intended to standardize the fundamental policies among the
Hartford Fund Family. If adopted by the shareholders of a Fund, this policy is
not expected to alter the investment practices of the Fund.
20
F. REVISION TO THE FUNDAMENTAL POLICY REGARDING INVESTMENTS IN REAL ESTATE
AND INTERESTS THEREIN.
Each Fund has a fundamental investment restriction prohibiting it from
purchasing or selling real estate, except that it may (a) acquire or lease
office space for its own use, (b) invest in securities of issuers that invest in
real estate or interests therein (e.g., real estate investment trusts), (c)
invest in securities that are secured by real estate or interests therein, (d)
purchase and sell mortgage-related securities, (e) hold and sell real estate
acquired by the Fund as a result of the ownership of securities, and (f) invest
in real estate limited partnerships. If shareholders of a Fund approve this
proposal, the Fund's fundamental policy regarding investments in real estate and
interests therein will be amended and restated as follows:
The Fund will not purchase or sell real estate unless acquired as a
result of ownership of securities or other instruments, although it may
purchase securities secured by real estate or interests therein, or
securities issued by companies which invest in real estate or interests
therein.
The proposed fundamental policy is substantially similar to the current
policy and is intended to standardize the fundamental policies among the
Hartford Fund Family. If adopted by the shareholders of a Fund, this policy is
not expected to alter the investment practices of the Fund.
To the extent a Fund holds real estate-related securities, it will be
subject to the risks associated with the real estate market. These risks may
include declines in the value of the real estate, changes in general or local
economic conditions, overbuilding, difficulty in completing construction,
increased competition, changes in zoning laws, increases in property taxes and
operating expenses, and variations in rental income. Generally, increases in
interest rates will increase the cost of obtaining financing, which may result
in a decrease in the value of such investments. In addition, in order to enforce
its rights in the event of a default of these securities, a Fund may be required
to participate in various legal proceedings or take possession of and manage
assets securing the issuer's obligations. This could increase a Fund's operating
expenses and adversely affect the Fund's net asset value. Moreover, direct
investments in real estate as well as certain real estate-related investments
are considered "illiquid" and are subject to the risks associated with illiquid
assets. These risks include the possibility that a Fund may be unable to dispose
of the asset at a time when it may be advantageous to do so and that the asset
may be worth less than the price at which a Fund values it for the purpose of
determining net asset value.
21
G. REVISION TO THE FUNDAMENTAL POLICY REGARDING PURCHASES AND SALES OF
COMMODITIES AND COMMODITIES CONTRACTS.
Each Fund is subject to a fundamental policy providing that the Fund will
not invest in commodities or commodity contracts, except that it may invest in
currency and financial instruments and contracts that are commodities or
commodity contracts. If this proposal is approved by the shareholders of a Fund,
that Fund's fundamental policy relating to investments in commodities or
commodities contracts will be amended and restated to read as follows:
The Fund will not purchase or sell commodities or commodities
contracts, except that the Fund may purchase or sell financial futures
contracts, options on financial futures contracts and futures contracts,
forward contracts, and options with respect to foreign currencies, and may
enter into swap transactions or other financial transactions of any kind.
The 1940 Act requires that a Fund state as a fundamental investment policy
the extent to which it may engage in the purchase and sale of commodities. At
the time the 1940 Act was enacted, the term "commodities" was understood to
refer principally to physical commodities such as agricultural products,
precious and base metals, oil and gas, and the like. In recent years, however, a
variety of new financial contracts and instruments, such as interest rate,
currency, and securities index futures contracts, have been created which may be
considered to be "commodities" for regulatory purposes.
The proposed policy is recommended to standardize the fundamental policies
across the Hartford Fund Family. None of the Funds intends to change its current
practices with respect to investment in commodities.
Each of the Funds is subject to a non-fundamental investment restriction
prohibiting it from entering into a stock index futures contract, or acquiring
related options, if initial margin deposits on the open futures position, plus
the sum of premium payments for all unexpired options on stock index futures
contracts, would exceed 5% of the Fund's total assets. Although this policy may
be changed or eliminated by the Board of Directors without shareholder approval,
the Board of Directors has no current intention of doing so. In addition, the
Funds' investment adviser has no current intention of proposing any such change
to that non-fundamental investment restriction.
The use by a Fund of financial futures contracts and other financial
instruments (including those that would be permitted under the proposed policy)
entails certain risks, including the risk that the Fund's investment adviser may
be unable to forecast market and currency exchange rate movements correctly.
Should markets or exchange rates move in an unexpected manner, the Fund may not
achieve the anticipated benefits of the financial instruments or may realize
losses and thus be in a worse position than if such
22
financial instruments had not been used. In addition, the imperfect correlation
between movements in the prices or values of financial instruments and movements
in the prices of any securities or currencies hedged using such instruments or
used for cover may result in unanticipated losses. A Fund's ability to dispose
of or close out its positions in financial instruments will depend on the
availability of liquid markets in such instruments. The Fund may be unable to
dispose of a financial instrument, or otherwise to close out its position in a
financial instrument, at a time or price its adviser considers desirable, and so
may be unable to realize a gain on such a financial instrument or limit a loss
on such a financial instrument at a desired time or price.
H. ELIMINATION OF THE FUNDAMENTAL POLICY REGARDING THE DIVERSIFICATION OF
INVESTMENTS.
(Not applicable to The Hartford Global Communications Fund, The Hartford
Global Financial Services Fund, The Hartford Global Health Fund, The Hartford
Global Technology Fund and The Hartford Focus Fund (the "Non-Diversified
Funds").)
Each Fund, with the exception of the Funds listed above, is currently
subject to a fundamental policy providing that, with respect to 75% of the
Fund's total assets, the Fund will not purchase securities of an issuer (other
than cash, cash items or securities issued or guaranteed by the U.S. Government,
its agencies, instrumentalities or authorities), if (a) such purchase would
cause more than 5% of the Fund's total assets taken at market value to be
invested in the securities of such issuer; or (b) such purchase would at the
time result in more than 10% of the outstanding voting securities of such issuer
being held by the Fund.
The elimination of this fundamental policy is proposed for administrative
purposes only and is not intended to change the investment practices of any
Fund. The elimination of the policy will not affect the classification of any
Fund as a "diversified" investment company under Section 5(b)(1) of the 1940
Act.
In order to be classified a "diversified" investment company under Section
5(b)(1) of the 1940 Act, an investment company must limit the amount of an
issuer's voting securities it holds in accordance with that Section. Each Fund
has adopted, as a fundamental policy, a restriction based on the current
language of Section 5(b)(1). Although the 1940 Act requires that a fund be
classified as either a diversified or a non-diversified fund, it does not
require that the diversification requirements be adopted as a fundamental
policy. Each of the Funds, except the Non-Diversified Funds, is currently
classified as a diversified fund under the 1940 Act. A change in classification
of a Fund as a diversified fund would require approval of a majority of the
outstanding shares of the Fund.
23
The elimination of the current policy should allow a Fund to remain a
diversified investment company despite any future amendments or changes to the
definition of "diversified" investment company under Section 5(b)(1), without
having to seek shareholder approval. In addition, this change is intended to
reduce administrative burdens by eliminating a fundamental policy that is not
required and is not expected to apply to other funds in the Hartford Fund
Family.
RECOMMENDED SHAREHOLDER ACTION AND REQUIRED VOTE. The Board of Directors
recommends that shareholders vote for each of the foregoing proposals. Approval
by a Fund of the foregoing proposals requires the affirmative vote of a
"majority of the outstanding voting securities" of that Fund (as defined in the
1940 Act), which means the affirmative vote of the lesser of (1) more than 50%
of the outstanding shares of the Fund or (2) 67% or more of the shares of the
Fund present at a meeting if more than 50% of the outstanding shares of the Fund
are represented at the meeting in person or by proxy. Abstentions and broker
non-votes will have the effect of negative votes on each matter set out in this
Proposal II. Approval by the shareholders of any individual Fund of any of the
individual items of this Proposal II will be effective regardless of the outcome
of shareholder voting for that Fund in connection with Proposal I or any of the
other items of this Proposal II.
III. MISCELLANEOUS
SHARE OWNERSHIP INFORMATION. To the knowledge of the Company, as of May 7,
2002, no person owned of record or beneficially more than 5% of the outstanding
shares of any class of any Fund, other than the following:
TABLE 5
<Table>
<Caption>
CLASS A CLASS B CLASS C CLASS Y
------------------ ------------------ ------------------ ------------------
(NUMBER OF SHARES) (NUMBER OF SHARES) (NUMBER OF SHARES) (NUMBER OF SHARES)
(PERCENT OF CLASS) (PERCENT OF CLASS) (PERCENT OF CLASS) (PERCENT OF CLASS)
------------------ ------------------ ------------------ ------------------
GLOBAL COMMUNICATIONS FUND
HL Investment Advisors.... 700,000 100,000 100,000 100,000
Hartford, CT 67% 42% 40% 70%
Edward D. Jones & Co. .... 192,076 17,855
For the Sole Benefit of 18% 7%
Its Customers Maryland
Heights, MO
Raymond James & Assoc.
Inc. ................... 12,435
FBO Bickman Ent 5%
St. Petersburg, FL
</Table>
24
<Table>
<Caption>
CLASS A CLASS B CLASS C CLASS Y
------------------ ------------------ ------------------ ------------------
(NUMBER OF SHARES) (NUMBER OF SHARES) (NUMBER OF SHARES) (NUMBER OF SHARES)
(PERCENT OF CLASS) (PERCENT OF CLASS) (PERCENT OF CLASS) (PERCENT OF CLASS)
------------------ ------------------ ------------------ ------------------
Wellington Management
Company................. 39,908
For the Sole Benefit of 28%
Its Customers
Boston, MA
GLOBAL FINANCIAL SERVICES
FUND
HL Investment Advisors.... 700,000 100,000 100,000 100,000
Hartford, CT 58% 30% 29% 62%
Edward D. Jones & Co. .... 319,283 43,685
For the Sole Benefit of 26% 13%
Its Customers
Maryland Heights, MO
Wellington Management
Company................. 38,387
For the Sole Benefit of 23%
Its Customers
Boston, MA
GLOBAL HEALTH FUND
Edward D. Jones & Co. .... 4,495,787 648,076
For the Sole Benefit of 44% 15%
Its Customers
Maryland Heights, MO
Wellington Retirement and
Pension Plan............ 28,278
For the Sole Benefit of 47%
Its Customers
Boston, MA
GLOBAL TECHNOLOGY FUND
Edward D. Jones & Co. .... 3,054,744 402,616
For the Sole Benefit of 45% 13%
Its Customers
Maryland Heights, MO
Wellington Management
Company................. 59,712
For the Sole Benefit of 43%
Its Customers
Boston, MA
INTERNATIONAL SMALL
COMPANY FUND
HL Investment Advisors.... 210,000 30,000 30,000 30,000
Hartford, CT 56% 65% 46% 35%
Claire Villari............ 21,716
Newton, MA 5%
Edward D. Jones & Co. .... 32,752
For the Sole Benefit of 8%
Its Customers
Maryland Heights, MO
</Table>
25
<Table>
<Caption>
CLASS A CLASS B CLASS C CLASS Y
------------------ ------------------ ------------------ ------------------
(NUMBER OF SHARES) (NUMBER OF SHARES) (NUMBER OF SHARES) (NUMBER OF SHARES)
(PERCENT OF CLASS) (PERCENT OF CLASS) (PERCENT OF CLASS) (PERCENT OF CLASS)
------------------ ------------------ ------------------ ------------------
Dain Rauscher Inc FBO..... 12,783
Mary Hoffmann 19%
Glendale, WI
Wellington Management
Company................. 28,729
For the Sole Benefit of 33%
Its Customers
Boston, MA
INTERNATIONAL CAPITAL
APPRECIATION FUND
HL Investment Advisors.... 210,000 30,000 30,000 30,000
Hartford, CT 35% 36% 34% 100%
Edward D. Jones & Co. .... 161,527 11,756
For the Sole Benefit of 26% 14%
Its Customers
Maryland Heights, MO
Prudential Securities Inc.
FBO..................... 5,521
Daniel Nicholas IRA 6%
Homewood, IL
NFSC FEBO................. 5,747
Michael E Martin 6%
Susan M Martin
Cincinnati, OH
RBC Dain Rauscher......... 9,864
Edmund Tang Ttee 11%
Wanda Tand Ttee
Tang Family Revocable
Trust
Peoria AZ
USB Piper Jaffray
Custodian............... 5,125
FBO Robert Glatch IRA 5%
Minneapolis, MN
INTERNATIONAL
OPPORTUNITIES FUND
Edward D. Jones & Co. .... 4,865,290 497,315 203,252
For the Sole Benefit of 50% 19% 10%
Its Customers
Maryland Heights, MO
Saxon & Company........... 257,592
Philadelphia, PA 44%
Hartford Life Insurance
Company................. 202,877
Simsbury, CT 35%
</Table>
26
<Table>
<Caption>
CLASS A CLASS B CLASS C CLASS Y
------------------ ------------------ ------------------ ------------------
(NUMBER OF SHARES) (NUMBER OF SHARES) (NUMBER OF SHARES) (NUMBER OF SHARES)
(PERCENT OF CLASS) (PERCENT OF CLASS) (PERCENT OF CLASS) (PERCENT OF CLASS)
------------------ ------------------ ------------------ ------------------
GLOBAL LEADERS FUND
Edward D. Jones & Co. .... 13,340,321 1,384,775 864,704
For the Sole Benefit of 51% 19% 10%
Its Customers
Maryland Heights, MO
West Virginia Savings
Plan, Trustee........... 122,686
FBO West Virginia 99%
Savings Plan Trust
Hartford, CT
FOCUS FUND
Edward D. Jones & Co. .... 4,088,711 449,685
For the Sole Benefit of 41% 16%
Its Customers
Maryland Heights, MO
Wellington Management
Company................. 43,546
For the Sole Benefit of 78%
Its Customers
Boston, MA
SMALL COMPANY FUND
Edward D. Jones & Co. .... 4,263,030 490,205 374,961
For the Sole Benefit of 41% 10% 8%
Its Customers
Maryland Heights, MO
Hartford Life Insurance
Company................. 556,420
Simsbury, CT 53%
Saxon & Company........... 220,400
Philadelphia, PA 21%
Greater Orlando Aviation
Authority............... 191,565
FBO Employees of 18%
Greater Orlando Aviation
Authority
Orlando, FL
CAPITAL APPRECIATION FUND
Edward D. Jones & Co. .... 36,265,544 6,051,778 2,365,167
For the Sole Benefit of 42% 12% 5%
Its Customers
Maryland Heights, MO....
Greater Orlando Aviation
Authority............... 236,063
FBO Employees of 31%
Greater Orlando Aviation
Authority
Orlando, FL
</Table>
27
<Table>
<Caption>
CLASS A CLASS B CLASS C CLASS Y
------------------ ------------------ ------------------ ------------------
(NUMBER OF SHARES) (NUMBER OF SHARES) (NUMBER OF SHARES) (NUMBER OF SHARES)
(PERCENT OF CLASS) (PERCENT OF CLASS) (PERCENT OF CLASS) (PERCENT OF CLASS)
------------------ ------------------ ------------------ ------------------
West Virginia Savings
Plan, Trustee........... 150,514
FBO West Virginia 19%
Savings Plan Trust
Hartford, CT
MIDCAP VALUE FUND
Edward D. Jones & Co. .... 5,376,173 450,152
For the Sole Benefit of 57% 18%
Its Customers
Maryland Heights, MO
HL Investment Advisors.... 30,000
Hartford, CT 99%
MIDCAP FUND
Edward D. Jones & Co. .... 17,595,434 2,682,910 996,502
For the Sole Benefit of 48% 16% 5%
Its Customers
Maryland Heights, MO
Hartford Life Insurance
Company................. 683,361
Simsbury, CT 57%
West Virginia Savings
Plan,Trustee............ 157,269
FBO West Virginia 13%
Savings Plan Trust
Hartford, CT
STOCK FUND
Edward D. Jones & Co. .... 43,695,435 6,365,487 2,813,373
For the Sole Benefit of 64% 21% 10%
Its Customers
Maryland Heights, MO
Greater Orlando Aviation
Authority............... 818,030
FBO Employees of 46%
Greater Orlando Aviation
Authority
Orlando, FL
Saxon & Company........... 671,745
Philadelphia, PA 37%
West Virginia Savings
Plan,
Trustee................. 154,659
FBO West Virginia 8%
Savings Plan Trust
Hartford, CT
GROWTH AND INCOME FUND
Edward D. Jones & Co. .... 21,772,423 2,173,737 1,383,417
For the Sole Benefit of 77% 37% 22%
Its Customers
Maryland Heights, MO
</Table>
28
<Table>
<Caption>
CLASS A CLASS B CLASS C CLASS Y
------------------ ------------------ ------------------ ------------------
(NUMBER OF SHARES) (NUMBER OF SHARES) (NUMBER OF SHARES) (NUMBER OF SHARES)
(PERCENT OF CLASS) (PERCENT OF CLASS) (PERCENT OF CLASS) (PERCENT OF CLASS)
------------------ ------------------ ------------------ ------------------
HL Investment Advisors.... 31,812
Hartford, CT 46%
Wellington Management
Company................. 16,918
For the Sole Benefit of 24%
Its Customers
Boston, MA
VALUE FUND
Edward D. Jones & Co. .... 2,443,232 140,544 67,146
For the Sole Benefit of 66% 22% 6%
Its Customers
Maryland Heights, MO
HL Investment Advisors.... 211,095 30,156
Hartford, CT 5% 100%
DIVIDEND AND GROWTH FUND
Edward D. Jones & Co. .... 36,308,809 3,467,613 1,145,197
For the Sole Benefit of 72% 27% 10%
Its Customers
Maryland Heights, MO
Hartford Life Insurance
Company................. 288,569
Simsbury, CT 54%
West Virginia Savings
Plan, Trustee........... 167,288
FBO West Virginia 31%
Savings Plan Trust
Hartford, CT
ADVISERS FUND
Edward D. Jones & Co. .... 60,048,491 8,987,613 3,786,903
For the Sole Benefit of 61% 18% 10%
Its Customers
Maryland Heights, MO
Saxon & Company........... 34,169
Philadelphia, PA 20%
Wellington Management
Company................. 18,119
For the Sole Benefit of 10%
Its Customers
Boston, MA
West Virginia Savings
Plan, Trustee........... 68,861
FBO West Virginia 42%
Savings Plan Trust
Hartford, CT
</Table>
29
<Table>
<Caption>
CLASS A CLASS B CLASS C CLASS Y
------------------ ------------------ ------------------ ------------------
(NUMBER OF SHARES) (NUMBER OF SHARES) (NUMBER OF SHARES) (NUMBER OF SHARES)
(PERCENT OF CLASS) (PERCENT OF CLASS) (PERCENT OF CLASS) (PERCENT OF CLASS)
------------------ ------------------ ------------------ ------------------
HIGH YIELD FUND
Edward D. Jones & Co. .... 4,877,679 572,661 311,382
For the Sole Benefit of 38% 8% 5%
Its Customers
Maryland Heights, MO
HL Investment Advisors.... 120
Hartford, CT 56%
U.S. Bank National
Association, Custodian
for Glen M Arnott SEP... 93
New Braunfels, TX 43%
BOND INCOME STRATEGY FUND
Edward D. Jones & Co. .... 7,090,839 942,756 608,849
For the Sole Benefit of 50% 14% 8%
Its Customers
Maryland Heights, MO
Saxon & Company........... 1,560,589
Philadelphia, PA 58%
Hartford Life Insurance
Company................. 854,557
Simsbury, CT 32%
West Virginia Savings
Plan, Trustee........... 202,185
FBO West Virginia 7%
Savings Plan Trust
Hartford, CT
MONEY MARKET FUND
Edward D. Jones & Co. .... 3,100,963
For the Sole Benefit of 6%
Its Customers
Maryland Heights, MO
Greater Orlando Aviation
Authority............... 268,339
FBO Employees of 32%
Greater Orlando Aviation
Authority
Orlando, FL
West Virginia Savings
Plan, Trustee........... 547,343
FBO West Virginia 66%
Savings Plan Trust
Hartford, CT
</Table>
QUORUM. The presence, either in person or by proxy, of shareholders owning
a majority of shares of all Funds entitled to vote at the Meeting shall
constitute a quorum. As to any matter to be considered separately by a Fund, the
presence, either in person or by proxy, of shareholders owning a majority of
30
shares of that Fund entitled to vote at the Meeting shall constitute a quorum
with respect to that matter.
OTHER BUSINESS. The Board of Directors knows of no other business to be
brought before the Meeting. However, if any other matters properly come before
the Meeting, it is the Board of Directors' intention that proxies that do not
contain specific restrictions to the contrary will be voted on such matters in
accordance with the best judgment of the persons named as proxies in the
enclosed form of proxy card.
SOLICITATION OF PROXIES. In addition to the solicitation of proxies by
mail, the Board of Directors of the Company and employees of HIFSCO or its
affiliates may solicit proxies in person or by telephone. The Funds have also
retained D.F. King & Co., Inc. ("D.F. King") to aid in the solicitation of
proxies. The costs of retaining D.F. King and other expenses incurred in
connection with the solicitation of proxies, other than expenses in connection
with solicitation by the employees of HIFSCO, will be borne by the Funds. The
anticipated cost associated with the solicitation of proxies by D.F. King is
$1,644,300.
ADJOURNMENT. In the event a quorum is not obtained or that sufficient
votes in favor of the proposals set forth in the accompanying Notice are not
received by the time scheduled for the Meeting, the persons named as proxies may
propose one or more adjournments of the Meeting for a reasonable time after the
date set for the original Meeting to permit further solicitation of proxies with
respect to any such proposals. In addition, if, in the judgment of the persons
named as proxies, subsequent developments make it advisable to defer action on
any proposal, the persons named as proxies may propose one or more adjournments
of the Meeting for a reasonable time in order to defer action on the proposal as
they deem advisable. Any adjournment with respect to a proposal will require a
majority of the votes cast on the matter at the Meeting (or any adjournment of
the Meeting).
Provided that there is a quorum, a shareholder vote may be taken for one or
more of the proposals in this Proxy Statement prior to any adjournment. All
proposals receiving a sufficient number of votes for approval prior to any
adjournment shall be deemed adopted and shall not require any further
shareholder approval at any adjournment or otherwise. The persons named as
proxies will vote in favor of or against adjournment as to a proposal the number
of shares they are entitled to vote in favor of or against the proposal, as the
case may be; they will abstain as to adjournment those shares they are entitled
to abstain from voting on the proposal. The costs of any additional solicitation
of proxies and of any adjourned session with regard to a proposal will be borne
by the Funds.
31
TABULATION OF VOTES. Votes cast by proxy or in person at the Meeting will
be counted by one or more persons appointed by the President of the Company to
act as tellers for the Meeting. The tellers will count the total number of votes
cast "FOR" the proposals for purposes of determining whether sufficient
affirmative votes have been cast. The tellers will count shares represented by
proxies that withhold authority to vote or that reflect abstentions or "broker
non-votes" (i.e., shares held by brokers or nominees as to which (i)
instructions have not been received from the beneficial owners or persons
entitled to vote and (ii) the broker or nominee does not have the discretionary
voting power on a particular matter) as to a matter as shares that are present
and entitled to vote on the matter for purposes of determining the presence of a
quorum.
DATE FOR RECEIPT OF SHAREHOLDERS' PROPOSALS FOR SUBSEQUENT MEETINGS OF
SHAREHOLDERS. The Company's Articles of Incorporation does not provide for
annual meetings of shareholders, and the Company does not currently intend to
hold such a meeting in 2002. Shareholder proposals for inclusion in the
Company's proxy statement for any subsequent meeting must be received by the
Company a reasonable period of time prior to any such meeting.
32
APPENDIX A
The following tables outline the proposed changes in the fundamental
policies for each Fund, stating the current policy and the proposed revised
policy.
THE HARTFORD CAPITAL APPRECIATION FUND
THE HARTFORD DIVIDEND AND GROWTH FUND
THE HARTFORD GLOBAL LEADERS FUND
THE HARTFORD GROWTH AND INCOME FUND
THE HARTFORD INTERNATIONAL OPPORTUNITIES FUND
THE HARTFORD MIDCAP FUND
THE HARTFORD SMALL COMPANY FUND
THE HARTFORD STOCK FUND
THE HARTFORD ADVISERS FUND
THE HARTFORD BOND INCOME STRATEGY FUND
THE HARTFORD HIGH YIELD FUND
THE HARTFORD MONEY MARKET FUND
<Table>
<Caption>
PROPOSAL CURRENT POLICY REVISED POLICY
- -------- -------------- --------------
II.A.(i). Proposal to The Fund will not "issue The Fund will not "borrow
revise the fundamental senior securities." money or issue any class of
policy regarding the senior securities, except to
issuing of senior the extent consistent with
securities. the Investment Company Act of
1940, as amended, and the
rules and regulations
thereunder, or as may
otherwise be permitted from
time to time by regulatory
authority."
II.A.(ii). Proposal to The Fund will not "borrow The Fund will not "borrow
revise the fundamental money, except from banks and money or issue any class of
policy regarding the then only if immediately senior securities, except to
borrowing of money. after each such borrowing the extent consistent with
there is asset coverage of at the Investment Company Act of
least 300% as defined in the 1940, as amended, and the
1940 Act." rules and regulations
thereunder, or as may
otherwise be permitted from
time to time by regulatory
authority."
</Table>
A-1
<Table>
<Caption>
THE HARTFORD CAPITAL APPRECIATION FUND
THE HARTFORD DIVIDEND AND GROWTH FUND
THE HARTFORD GLOBAL LEADERS FUND
THE HARTFORD GROWTH AND INCOME FUND
THE HARTFORD INTERNATIONAL OPPORTUNITIES FUND
THE HARTFORD MIDCAP FUND
THE HARTFORD SMALL COMPANY FUND
THE HARTFORD STOCK FUND
THE HARTFORD ADVISERS FUND
THE HARTFORD BOND INCOME STRATEGY FUND
THE HARTFORD HIGH YIELD FUND
THE HARTFORD MONEY MARKET FUND
(CONT.)
PROPOSAL CURRENT POLICY REVISED POLICY
- -------- -------------- --------------
II.B. Proposal to The Fund will not "invest 25% The Fund will not "purchase
revise the fundamental or more of its total assets the securities of any issuer
policy regarding in the securities of one or (other than securities issued
investment more issuers conducting their or guaranteed by the U.S.
concentrations within principal business activities government or any of its
a particular industry. in the same industry agencies or
(excluding the U.S. instrumentalities) if, as a
Government or any of its result, more than 25% of the
agencies or Fund's total assets would be
instrumentalities)." invested in the securities of
companies whose principal
business activities are in
the same industry."
II.D. Proposal to The Fund will not "make The Fund will not "make
revise the fundamental loans, except through (a) the loans, except to the extent
policy regarding the purchase of debt obligations consistent with the
making of loans. in accordance with the Fund's Investment Company Act of
investment objective and 1940, as amended, and the
policies, (b) repurchase rules and regulations
agreements with banks, thereunder, or as may
brokers, dealers and other otherwise be permitted from
financial institutions, and time to time by regulatory
(c) loans of cash or authority."
securities as permitted by
applicable law."
II.E. Proposal to Each Fund will not Each Fund will not "act as an
revise the fundamental "underwrite securities issued underwriter of securities of
policy regarding by others, except to the other issuers, except to the
underwriting extent that the sale of extent that, in connection
securities. portfolio securities by the with the disposition of
Fund may be deemed to be an portfolio securities, the
underwriting." Fund may be deemed an
underwriter under applicable
laws."
</Table>
A-2
<Table>
<Caption>
THE HARTFORD CAPITAL APPRECIATION FUND
THE HARTFORD DIVIDEND AND GROWTH FUND
THE HARTFORD GLOBAL LEADERS FUND
THE HARTFORD GROWTH AND INCOME FUND
THE HARTFORD INTERNATIONAL OPPORTUNITIES FUND
THE HARTFORD MIDCAP FUND
THE HARTFORD SMALL COMPANY FUND
THE HARTFORD STOCK FUND
THE HARTFORD ADVISERS FUND
THE HARTFORD BOND INCOME STRATEGY FUND
THE HARTFORD HIGH YIELD FUND
THE HARTFORD MONEY MARKET FUND
(CONT.)
PROPOSAL CURRENT POLICY REVISED POLICY
- -------- -------------- --------------
II.F. Proposal to Each Fund will not "purchase Each Fund will not "purchase
revise the fundamental or sell real estate, except or sell real estate unless
policy regarding that each Fund may (a) acquired as a result of
investments in real acquire or lease office space ownership of securities or
estate and interests for its own use, (b) invest other instruments, although
therein. in securities of issuers that it may purchase securities
invest in real estate or secured by real estate or
interests therein (e.g., real interests therein, or
estate investment trusts), securities issued by
(c) invest in securities that companies which invest in
are secured by real estate or real estate or interests
interests therein, (d) therein."
purchase and sell mortgage-
related securities, (e) hold
and sell real estate acquired
by the Fund as a result of
the ownership of securities
and (f) invest in real estate
limited partnerships."
II.G. Proposal to Each Fund will not "invest in Each Fund will not "purchase
revise the fundamental commodities or commodity or sell commodities or
policy regarding contracts, except that the commodities contracts, except
purchases and sales of Fund may invest in currency that the Fund may purchase or
commodities and and financial instruments and sell financial futures
commodities contracts. contracts that are contracts, options on
commodities or commodity financial futures contracts
contracts." and futures contracts,
forward contracts, and
options with respect to
foreign currencies, and may
enter into swap transactions
or other financial
transactions of any kind."
</Table>
A-3
<Table>
<Caption>
THE HARTFORD CAPITAL APPRECIATION FUND
THE HARTFORD DIVIDEND AND GROWTH FUND
THE HARTFORD GLOBAL LEADERS FUND
THE HARTFORD GROWTH AND INCOME FUND
THE HARTFORD INTERNATIONAL OPPORTUNITIES FUND
THE HARTFORD MIDCAP FUND
THE HARTFORD SMALL COMPANY FUND
THE HARTFORD STOCK FUND
THE HARTFORD ADVISERS FUND
THE HARTFORD BOND INCOME STRATEGY FUND
THE HARTFORD HIGH YIELD FUND
THE HARTFORD MONEY MARKET FUND
(CONT.)
PROPOSAL CURRENT POLICY REVISED POLICY
- -------- -------------- --------------
II.H. Proposal to "With respect to 75% of a The current policy will be
eliminate the Fund's total assets," each eliminated.
fundamental policy Fund will not "purchase
regarding the securities of an issuer
diversification of (other than cash, cash items
investments. or securities issued or
guaranteed by the U.S.
Government, its agencies,
instrumentalities or
authorities), if (a) such
purchase would cause more
than 5% of the Fund's total
assets taken at market value
to be invested in the
securities of such issuer; or
(b) such purchase would at
the time result in more than
10% of the outstanding voting
securities of such issuer
being held by the Fund."
</Table>
A-4
THE HARTFORD VALUE FUND
THE HARTFORD MIDCAP VALUE FUND
THE HARTFORD INTERNATIONAL CAPITAL APPRECIATION FUND
THE HARTFORD INTERNATIONAL SMALL COMPANY FUND
<Table>
<Caption>
PROPOSAL CURRENT POLICY REVISED POLICY
- -------- -------------- --------------
II.A.(i). Proposal to Each Fund will not "issue Each Fund will not "borrow
revise the fundamental senior securities to the money or issue any class of
policy regarding the extent such issuance would senior securities, except to
issuing of senior violate applicable law." the extent consistent with
securities. the Investment Company Act of
1940, as amended, and the
rules and regulations
thereunder, or as may
otherwise be permitted from
time to time by regulatory
authority."
II.A.(ii). Proposal to Each Fund will not "borrow Each Fund will not "borrow
revise the fundamental money, except (a) the Fund money or issue any class of
policy regarding the may borrow from banks (as senior securities, except to
borrowing of money. defined in the 1940 Act) and the extent consistent with
through reverse repurchase the Investment Company Act of
agreements in amounts up to 1940, as amended, and the
33.33% of its total assets rules and regulations
(including the amount thereunder, or as may
borrowed), (b) the Fund may, otherwise be permitted from
to the extent permitted by time to time by regulatory
applicable law, borrow up to authority."
an additional 5% of its total
assets for temporary
purposes, (c) the Fund may
obtain such short-term
credits as may be necessary
for the clearance of
purchases and sales of
portfolio securities, (d) the
Fund may purchase securities
on margin to the extent
permitted by applicable law
and (e) the Fund may engage
in transactions in mortgage
dollar rolls which are
accounted for as financings."
</Table>
A-5
<Table>
<Caption>
THE HARTFORD VALUE FUND
THE HARTFORD MIDCAP VALUE FUND
THE HARTFORD INTERNATIONAL CAPITAL APPRECIATION FUND
THE HARTFORD INTERNATIONAL SMALL COMPANY FUND
(CONT.)
PROPOSAL CURRENT POLICY REVISED POLICY
- -------- -------------- --------------
II.B. Proposal to Each Fund will not "invest Each Fund will not "purchase
revise fundamental 25% or more of its total the securities of any issuer
policy regarding assets in the securities of (other than securities issued
investment one or more issuers or guaranteed by the U.S.
concentrations within conducting their principal government or any of its
a particular industry. business activities in the agencies or
same industry (excluding the instrumentalities) if, as a
U.S. Government or any of its result, more than 25% of the
agencies or Fund's total assets would be
instrumentalities)." invested in the securities of
companies whose principal
business activities are in
the same industry."
II.D. Proposal to Each Fund will not "make The Fund will not "make
revise the fundamental loans except through (a) the loans, except to the extent
policy regarding the purchase of debt obligations consistent with the
making of loans. in accordance with the Fund's Investment Company Act of
investment objective and 1940, as amended, and the
policies, (b) repurchase rules and regulations
agreements with banks, thereunder, or as may
brokers, dealers and other otherwise be permitted from
financial institutions, and time to time by regulatory
(c) loans of cash or authority."
securities as permitted by
applicable law."
II.E. Proposal to The Fund will not "underwrite The Fund will not "act as an
revise the fundamental securities issued by others, underwriter of securities of
policy regarding except to the extent that the other issuers, except to the
underwriting sale of portfolio securities extent that, in connection
securities. by the Fund may be deemed to with the disposition of
be an underwriting." portfolio securities, the
Fund may be deemed an
underwriter under applicable
laws."
</Table>
A-6
<Table>
<Caption>
THE HARTFORD VALUE FUND
THE HARTFORD MIDCAP VALUE FUND
THE HARTFORD INTERNATIONAL CAPITAL APPRECIATION FUND
THE HARTFORD INTERNATIONAL SMALL COMPANY FUND
(CONT.)
PROPOSAL CURRENT POLICY REVISED POLICY
- -------- -------------- --------------
II.F. Proposal to The Fund will not "purchase The Fund will not "purchase
revise the fundamental or sell real estate" except or sell real estate unless
policy regarding that it may "(a) acquire or acquired as a result of
investments in real lease office space for its ownership of securities or
estate and interests own use, (b) invest in other instruments, although
therein. securities of issuers that it may purchase securities
invest in real estate or secured by real estate or
interests therein (e.g., real interests therein, or
estate investment trusts), securities issued by
(c) invest in securities that companies which invest in
are secured by real estate or real estate or interests
interests therein, (d) therein."
purchase and sell
mortgage-related securities,
(e) hold and sell real estate
acquired by the Fund as a
result of the ownership of
securities and (f) invest in
real estate limited
partnerships."
II.G. Proposal to The Fund will not "invest in The Fund will not "purchase
revise the fundamental commodities or commodity or sell commodities or
policy regarding contracts, except that the commodities contracts, except
purchases and sales of Fund may invest in currency that the Fund may purchase or
commodities and and financial instruments and sell financial futures
commodities contracts. contracts that are contracts, options on
commodities or commodity financial futures contracts
contracts." and futures contracts,
forward contracts, and
options with respect to
foreign currencies, and may
enter into swap transactions
or other financial
transactions of any kind."
</Table>
A-7
<Table>
<Caption>
THE HARTFORD VALUE FUND
THE HARTFORD MIDCAP VALUE FUND
THE HARTFORD INTERNATIONAL CAPITAL APPRECIATION FUND
THE HARTFORD INTERNATIONAL SMALL COMPANY FUND
(CONT.)
PROPOSAL CURRENT POLICY REVISED POLICY
- -------- -------------- --------------
II.H. Proposal to "With respect to 75% of a The current policy will be
eliminate the Fund's total assets," each eliminated.
fundamental policy Fund will not "purchase
regarding the securities of an issuer
diversification of (other than cash, cash items
investments. or securities issued or
guaranteed by the U.S.
Government, its agencies,
instrumentalities or
authorities), if (a) such
purchase would cause more
than 5% of the Fund's total
assets taken at market value
to be invested in the
securities of such issuer; or
(b) such purchase would at
the time result in more than
10% of the outstanding voting
securities of such issuer
being held by the Fund."
</Table>
A-8
THE HARTFORD GLOBAL HEALTH FUND
<Table>
<Caption>
PROPOSAL CURRENT POLICY REVISED POLICY
- -------- -------------- --------------
II.A.(i). Proposal to The Fund will not "issue The Fund will not "borrow
revise the fundamental senior securities." money or issue any class of
policy regarding the senior securities, except
issuing of senior to the extent consistent
securities. with the Investment Company
Act of 1940, as amended,
and the rules and
regulations thereunder, or
as may otherwise be
permitted from time to time
by regulatory authority."
II.A.(ii). Proposal to The Fund will not "borrow The Fund will not "borrow
revise the fundamental money, except from banks money or issue any class of
policy regarding the and then only if senior securities, except
borrowing of money. immediately after each such to the extent consistent
borrowing there is asset with the Investment Company
coverage of at least 300% Act of 1940, as amended,
as defined in the 1940 and the rules and
Act." regulations thereunder, or
as may otherwise be
permitted from time to time
by regulatory authority."
II.C. Proposal concerning The Fund "normally invests The Fund will "normally
fundamental policy at least 25% of its total invest at least 25% of its
regarding investments assets, in the aggregate, total assets, in the
within certain industries. in the following aggregate, in the following
industries: industries: pharmaceuticals
pharmaceuticals, medical and biotechnology, medical
products, and health products, and health
services." services."
II.D. Proposal to revise The Fund will not "make The Fund will not "make
the fundamental policy loans, except through (a) loans, except to the extent
regarding the making of the purchase of debt consistent with the
loans. obligations in accordance Investment Company Act of
with the Fund's investment 1940, as amended and the
objective and policies, (b) rules and regulations
repurchase agreements with thereunder, or as may
banks, brokers, dealers and otherwise be permitted from
other financial time to time by regulatory
institutions, and (c) loans authority."
of cash or securities as
permitted by applicable
law."
</Table>
A-9
<Table>
<Caption>
THE HARTFORD GLOBAL HEALTH FUND
(CONT.)
PROPOSAL CURRENT POLICY REVISED POLICY
- -------- -------------- --------------
II.E. Proposal to revise The Fund will not The Fund will not "act as
the fundamental policy "underwrite securities an underwriter of
regarding underwriting issued by others, except to securities of other
securities. the extent that the sale of issuers, except to the
portfolio securities by the extent that, in connection
Fund may be deemed to be an with the disposition of
underwriting." portfolio securities, the
Fund may be deemed an
underwriter under
applicable laws."
II.F. Proposal to revise The Fund will not "purchase The Fund will not "purchase
the fundamental policy or sell real estate, except or sell real estate unless
regarding investments in that the Fund may (a) acquired as a result of
real estate and interests acquire or lease office ownership of securities or
therein. space for its own use, (b) other instruments, although
invest in securities of it may purchase securities
issuers that invest in real secured by real estate or
estate or interests therein interests therein, or
(e.g., real estate securities issued by
investment trusts), (c) companies which invest in
invest in securities that real estate or interests
are secured by real estate therein."
or interests therein, (d)
purchase and sell
mortgage-related
securities, (e) hold and
sell real estate acquired
by the Fund as a result of
the ownership of securities
and (f) invest in real
estate limited
partnerships."
II.G. Proposal to revise The Fund will not "invest The Fund will not "purchase
the fundamental policy in commodities or commodity or sell commodities or
regarding purchases and contracts, except that the commodities contracts,
sales of commodities and Fund may invest in currency except that the Fund may
commodities contracts. and financial instruments purchase or sell financial
and contracts that are futures contracts, options
commodities or commodity on financial futures
contracts." contracts and futures
contracts, forward
contracts, and options with
respect to foreign
currencies, and may enter
into swap transactions or
other financial
transactions of any kind."
</Table>
A-10
THE HARTFORD GLOBAL TECHNOLOGY FUND
<Table>
<Caption>
PROPOSAL CURRENT POLICY REVISED POLICY
- -------- -------------- --------------
II.A.(i). Proposal to The Fund will not "issue The Fund will not "borrow
revise the fundamental senior securities." money or issue any class of
policy regarding the senior securities, except
issuing of senior to the extent consistent
securities. with the Investment Company
Act of 1940, as amended,
and the rules and
regulations thereunder, or
as may otherwise be
permitted from time to time
by regulatory authority."
II.A.(ii). Proposal to The Fund will not "borrow The Fund will not "borrow
revise the fundamental money, except from banks money or issue any class of
policy regarding the and then only if senior securities, except
borrowing of money. immediately after each such to the extent consistent
borrowing there is asset with the Investment Company
coverage of at least 300% Act of 1940, as amended,
as defined in the 1940 and the rules and
Act." regulations thereunder, or
as may otherwise be
permitted from time to time
by regulatory authority."
II.C. Proposal concerning The Fund "normally invests The Fund will "normally
fundamental policy at least 25% of its total invest at least 25% of its
regarding investments assets, in the aggregate, total assets, in the
within certain industries. in the following aggregate, in the following
industries: computers and industries: technology
computer equipment, hardware and equipment,
software and computer software and computer
services, electronics, and services, commercial
communication equipment." services and supplies,
electronics, and
communication equipment."
II.D. Proposal to revise The Fund will not "make The Fund will not "make
the fundamental policy loans, except through (a) loans, except to the extent
regarding the making of the purchase of debt consistent with the
loans. obligations in accordance Investment Company Act of
with the Fund's investment 1940, as amended, and the
objective and policies, (b) rules and regulations
repurchase agreements with thereunder, or as may
banks, brokers, dealers and otherwise be permitted from
other financial time to time by regulatory
institutions, and (c) loans authority."
of cash or securities as
permitted by applicable
law."
</Table>
A-11
<Table>
<Caption>
THE HARTFORD GLOBAL TECHNOLOGY FUND
(CONT.)
PROPOSAL CURRENT POLICY REVISED POLICY
- -------- -------------- --------------
II.E. Proposal to revise The Fund will not The Fund will not "act as
the fundamental policy "underwrite securities an underwriter of
regarding underwriting issued by others, except to securities of other
securities. the extent that the sale of issuers, except to the
portfolio securities by the extent that, in connection
Fund may be deemed to be an with the disposition of
underwriting." portfolio securities, the
Fund may be deemed an
underwriter under
applicable laws."
II.F. Proposal to revise The Fund will not "purchase The Fund will not "purchase
the fundamental policy or sell real estate, except or sell real estate unless
regarding investments in that the Fund may (a) acquired as a result of
real estate and interests acquire or lease office ownership of securities or
therein. space for its own use, (b) other instruments, although
invest in securities of it may purchase securities
issuers that invest in real secured by real estate or
estate or interests therein interests therein, or
(e.g., real estate securities issued by
investment trusts), (c) companies which invest in
invest in securities that real estate or interests
are secured by real estate therein."
or interests therein, (d)
purchase and sell
mortgage-related
securities, (e) hold and
sell real estate acquired
by the Fund as a result of
the ownership of securities
and (f) invest in real
estate limited
partnerships."
II.G. Proposal to revise The Fund will not "invest The Fund will not "purchase
the fundamental policy in commodities or commodity or sell commodities or
regarding purchases and contracts, except that the commodities contracts,
sales of commodities and Fund may invest in currency except that the Fund may
commodities contracts. and financial instruments purchase or sell financial
and contracts that are futures contracts, options
commodities or commodity on financial futures
contracts." contracts and futures
contracts, forward
contracts, and options with
respect to foreign
currencies, and may enter
into swap transactions or
other financial
transactions of any kind."
</Table>
A-12
THE HARTFORD GLOBAL COMMUNICATIONS FUND
<Table>
<Caption>
PROPOSAL CURRENT POLICY REVISED POLICY
- -------- -------------- --------------
II.A.(i). Proposal to The Fund will not "issue The Fund will not "borrow
revise the fundamental senior securities to the money or issue any class of
policy regarding the extent such issuance would senior securities, except
issuing of senior violate applicable law." to the extent consistent
securities. with the Investment Company
Act of 1940, as amended,
and the rules and
regulations thereunder, or
as may otherwise be
permitted from time to time
by regulatory authority."
II.A.(ii). Proposal to The Fund will not "borrow The Fund will not "borrow
revise the fundamental money, except (a) the Fund money or issue any class of
policy regarding the may borrow from banks (as senior securities, except
borrowing of money. defined in the 1940 Act) to the extent consistent
and through reverse with the Investment Company
repurchase agreements in Act of 1940, as amended,
amounts up to 33.33% of its and the rules and
total assets (including the regulations thereunder, or
amount borrowed), (b) the as may otherwise be
Fund may, to the extent permitted from time to time
permitted by applicable by regulatory authority."
law, borrow up to an
additional 5% of its total
assets for temporary
purposes, (c) the Fund may
obtain such short-term
credits as may be necessary
for the clearance of
purchases and sales of
portfolio securities, (d)
the Fund may purchase
securities on margin to the
extent permitted by
applicable law and (e) the
Fund may engage in
transactions in mortgage
dollar rolls which are
accounted for as
financings."
II.C. Proposal concerning The Fund "normally invests The Fund will "normally
fundamental policy at least 25% of its total invest at least 25% of its
regarding investments assets, in the aggregate, total assets, in the
within certain industries. in the following aggregate, in the following
industries: industries:
telecommunication services telecommunication services
and media." and media."
</Table>
A-13
<Table>
<Caption>
THE HARTFORD GLOBAL COMMUNICATIONS FUND
(CONT.)
PROPOSAL CURRENT POLICY REVISED POLICY
- -------- -------------- --------------
II.D. Proposal to revise The Fund will not "make The Fund will not "make
the fundamental policy loans except through (a) loans, except to the extent
regarding the making of the purchase of debt consistent with the
loans. obligations in accordance Investment Company Act of
with the Fund's investment 1940, as amended, and the
objective and policies, (b) rules and regulations
repurchase agreements with thereunder, or as may
banks, brokers, dealers and otherwise be permitted from
other financial time to time by regulatory
institutions, and (c) loans authority."
of cash or securities as
permitted by applicable
law."
II.E. Proposal to revise The Fund will not The Fund will not "act as
the fundamental policy "underwrite securities an underwriter of
regarding underwriting issued by others, except to securities of other
securities. the extent that the sale of issuers, except to the
portfolio securities by the extent that, in connection
Fund may be deemed to be an with the disposition of
underwriting." portfolio securities, the
Fund may be deemed an
underwriter under
applicable laws."
II.F. Proposal to revise The Fund will not "purchase The Fund will not "purchase
the fundamental policy or sell real estate" except or sell real estate unless
regarding investments in that it may "(a) acquire or acquired as a result of
real estate and interests lease office space for its ownership of securities or
therein. own use, (b) invest in other instruments, although
securities of issuers that it may purchase securities
invest in real estate or secured by real estate or
interests therein (e.g., interests therein, or
real estate investment securities issued by
trusts), (c) invest in companies which invest in
securities that are secured real estate or interests
by real estate or interests therein."
therein, (d) purchase and
sell mortgage-related
securities, (e) hold and
sell real estate acquired
by the Fund as a result of
the ownership of securities
and (f) invest in real
estate limited
partnerships."
</Table>
A-14
<Table>
<Caption>
THE HARTFORD GLOBAL COMMUNICATIONS FUND
(CONT.)
PROPOSAL CURRENT POLICY REVISED POLICY
- -------- -------------- --------------
II.G. Proposal to revise The Fund will not "invest The Fund will not "purchase
the fundamental policy in commodities or commodity or sell commodities or
regarding purchases and contracts, except that the commodities contracts,
sales of commodities and Fund may invest in currency except that the Fund may
commodities contracts. and financial instruments purchase or sell financial
and contracts that are futures contracts, options
commodities or commodity on financial futures
contracts." contracts and futures
contracts, forward
contracts, and options with
respect to foreign
currencies, and may enter
into swap transactions or
other financial
transactions of any kind."
</Table>
A-15
THE HARTFORD GLOBAL FINANCIAL SERVICES FUND
<Table>
<Caption>
PROPOSAL CURRENT POLICY REVISED POLICY
- -------- -------------- --------------
II.A.(i). Proposal to The Fund will not "issue The Fund will not "borrow
revise the fundamental senior securities to the money or issue any class of
policy regarding the extent such issuance would senior securities, except
issuing of senior violate applicable law." to the extent consistent
securities. with the Investment Company
Act of 1940, as amended,
and the rules and
regulations thereunder, or
as may otherwise be
permitted from time to time
by regulatory authority."
II.A.(ii). Proposal to The Fund will not "borrow The Fund will not "borrow
revise the fundamental money, except (a) the Fund money or issue any class of
policy regarding the may borrow from banks (as senior securities, except
borrowing of money. defined in the 1940 Act) to the extent consistent
and through reverse with the Investment Company
repurchase agreements in Act of 1940, as amended,
amounts up to 33.33% of its and the rules and
total assets (including the regulations thereunder, or
amount borrowed), (b) the as may otherwise be
Fund may, to the extent permitted from time to time
permitted by applicable by regulatory authority."
law, borrow up to an
additional 5% of its total
assets for temporary
purposes, (c) the Fund may
obtain such short-term
credits as may be necessary
for the clearance of
purchases and sales of
portfolio securities, (d)
the Fund may purchase
securities on margin to the
extent permitted by
applicable law and (e) the
Fund may engage in
transactions in mortgage
dollar rolls which are
accounted for as
financings."
II.C. Proposal concerning The Fund "normally invests The Fund will "normally
fundamental policy at least 25% of its total invest at least 25% of its
regarding investments assets, in the aggregate, total assets, in the
within certain industries. in the following aggregate, in the following
industries: banks, industries: banks,
diversified financials, and diversified financials, and
insurance." insurance."
</Table>
A-16
<Table>
<Caption>
THE HARTFORD GLOBAL FINANCIAL SERVICES FUND
(CONT.)
PROPOSAL CURRENT POLICY REVISED POLICY
- -------- -------------- --------------
II.D. Proposal to revise The Fund will not "make The Fund will not "make
the fundamental policy loans except through (a) loans, except to the extent
regarding the making of the purchase of debt consistent with the
loans. obligations in accordance Investment Company Act of
with the Fund's investment 1940, as amended, and the
objective and policies, (b) rules and regulations
repurchase agreements with thereunder, or as may
banks, brokers, dealers and otherwise be permitted from
other financial time to time by regulatory
institutions, and (c) loans authority."
of cash or securities as
permitted by applicable
law."
II.E. Proposal to revise The Fund will not The Fund will not "act as
the fundamental policy "underwrite securities an underwriter of
regarding underwriting issued by others, except to securities of other
securities. the extent that the sale of issuers, except to the
portfolio securities by the extent that, in connection
Fund may be deemed to be an with the disposition of
underwriting." portfolio securities, the
Fund may be deemed an
underwriter under
applicable laws."
II.F. Proposal to revise The Fund will not "purchase The Fund will not "purchase
the fundamental policy or sell real estate" except or sell real estate unless
regarding investments in that it may "(a) acquire or acquired as a result of
real estate and interests lease office space for its ownership of securities or
therein. own use, (b) invest in other instruments, although
securities of issuers that it may purchase securities
invest in real estate or secured by real estate or
interests therein (e.g., interests therein, or
real estate investment securities issued by
trusts), (c) invest in companies which invest in
securities that are secured real estate or interests
by real estate or interests therein."
therein, (d) purchase and
sell mortgage-related
securities, (e) hold and
sell real estate acquired
by the Fund as a result of
the ownership of securities
and (f) invest in real
estate limited
partnerships".
</Table>
A-17
<Table>
<Caption>
THE HARTFORD GLOBAL FINANCIAL SERVICES FUND
(CONT.)
PROPOSAL CURRENT POLICY REVISED POLICY
- -------- -------------- --------------
II.G. Proposal to revise The Fund will not "invest The Fund will not "purchase
the fundamental policy in commodities or commodity or sell commodities or
regarding purchases and contracts, except that the commodities contracts,
sales of commodities and Fund may invest in currency except that the Fund may
commodities contracts. and financial instruments purchase or sell financial
and contracts that are futures contracts, options
commodities or commodity on financial futures
contracts." contracts and futures
contracts, forward
contracts, and options with
respect to foreign
currencies, and may enter
into swap transactions or
other financial
transactions of any kind."
</Table>
A-18
THE HARTFORD FOCUS FUND
<Table>
<Caption>
PROPOSAL CURRENT POLICY REVISED POLICY
- -------- -------------- --------------
II.A.(i). Proposal to The Fund will not "issue The Fund will not "borrow
revise the fundamental senior securities to the money or issue any class of
policy regarding the extent such issuance would senior securities, except
issuing of senior violate applicable law." to the extent consistent
securities. with the Investment Company
Act of 1940, as amended,
and the rules and
regulations thereunder, or
as may otherwise be
permitted from time to time
by regulatory authority."
II.A.(ii). Proposal to The Fund will not "borrow The Fund will not "borrow
revise the fundamental money, except (a) the Fund money or issue any class of
policy regarding the may borrow from banks (as senior securities, except
borrowing of money. defined in the 1940 Act) to the extent consistent
and through reverse with the Investment Company
repurchase agreements in Act of 1940, as amended,
amounts up to 33.33% of its and the rules and
total assets (including the regulations thereunder, or
amount borrowed), (b) the as may otherwise be
Fund may, to the extent permitted from time to time
permitted by applicable by regulatory authority."
law, borrow up to an
additional 5% of its total
assets for temporary
purposes, (c) the Fund may
obtain such short-term
credits as may be necessary
for the clearance of
purchases and sales of
portfolio securities, (d)
the Fund may purchase
securities on margin to the
extent permitted by
applicable law and (e) the
Fund may engage in
transactions in mortgage
dollar rolls which are
accounted for as
financings."
</Table>
A-19
<Table>
<Caption>
THE HARTFORD FOCUS FUND
(CONT.)
PROPOSAL CURRENT POLICY REVISED POLICY
- -------- -------------- --------------
II.B. Proposal to revise The Fund will not "invest The Fund will not "purchase
the fundamental policy 25% or more of its total the securities of any
regarding investment assets in the securities of issuer (other than
concentrations within a one or more issuers securities issued or
particular industry. conducting their principal guaranteed by the U.S.
business activities in the government or any of its
same industry (excluding agencies or
the U.S. Government or any instrumentalities) if, as a
of its agencies or result, more than 25% of
instrumentalities)." the Fund's total assets
would be invested in the
securities of companies
whose principal business
activities are in the same
industry."
II.D. Proposal to revise The Fund will not "make The Fund will not "make
the fundamental policy loans except through (a) loans, except to the extent
regarding the making of the purchase of debt consistent with the
loans. obligations in accordance Investment Company Act of
with the Fund's investment 1940, as amended, and the
objective and policies, (b) rules and regulations
repurchase agreements with thereunder, or as may
banks, brokers, dealers and otherwise be permitted from
other financial time to time by regulatory
institutions, and (c) loans authority."
of cash or securities as
permitted by applicable
law."
II.E. Proposal to revise The Fund will not The Fund will not "act as
the fundamental policy "underwrite securities an underwriter of
regarding underwriting issued by others, except to securities of other
securities. the extent that the sale of issuers, except to the
portfolio securities by the extent that, in connection
Fund may be deemed to be an with the disposition of
underwriting." portfolio securities, the
Fund may be deemed an
underwriter under
applicable laws."
</Table>
A-20
<Table>
<Caption>
THE HARTFORD FOCUS FUND
(CONT.)
PROPOSAL CURRENT POLICY REVISED POLICY
- -------- -------------- --------------
II.F. Proposal to revise The Fund will not "purchase The Fund will not "purchase
the fundamental policy or sell real estate" except or sell real estate unless
regarding investments in that it may "(a) acquire or acquired as a result of
real estate and interests lease office space for its ownership of securities or
therein. own use, (b) invest in other instruments, although
securities of issuers that it may purchase securities
invest in real estate or secured by real estate or
interests therein (e.g., interests therein, or
real estate investment securities issued by
trusts), (c) invest in companies which invest in
securities that are secured real estate or interests
by real estate or interests therein."
therein, (d) purchase and
sell mortgage-related
securities, (e) hold and
sell real estate acquired
by the Fund as a result of
the ownership of securities
and (f) invest in real
estate limited
partnerships."
II.G. Proposal to revise The Fund will not "invest The Fund will not "purchase
the fundamental policy in commodities or commodity or sell commodities or
regarding purchases and contracts, except that the commodities contracts,
sales of commodities and Fund may invest in currency except that the Fund may
commodities contracts. and financial instruments purchase or sell financial
and contracts that are futures contracts, options
commodities or commodity on financial futures
contracts." contracts and futures
contracts, forward
contracts, and options with
respect to foreign
currencies, and may enter
into swap transactions or
other financial
transactions of any kind."
</Table>
A-21
HARTFORD-RETAILPROXY(5/02)
THE HARTFORD MUTUAL FUNDS, INC.
VOTE TODAY BY MAIL,
TOUCH-TONE PHONE OR THE INTERNET
CALL TOLL-FREE 1-888-221-0697
OR LOG ON TO WWW.PROXYWEB.COM
This proxy will be voted as instructed on the matters set forth below. IF NO
CHOICE IS SPECIFIED, THIS PROXY WILL BE VOTED FOR ALL NOMINEES FOR DIRECTOR AND
FOR EACH OF THE OTHER PROPOSALS. IN THEIR DISCRETION, THE PROXIES ARE AUTHORIZED
TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING AND ANY
ADJOURNMENTS OR POSTPONEMENTS OF THE MEETING. If a nominee for Director is
unable to serve or will not serve, the persons named as Proxies may vote all of
the shares represented hereby for the election of a substitute nominee. A
shareholder wishing to vote in accordance with the Board of Directors'
recommendations need only sign and date this proxy and return it in the envelope
provided.
*** CONTROL NUMBER: [Number] ***
PROXY FOR SPECIAL MEETING OF SHAREHOLDERS TO BE HELD JULY 16, 2002
THE HARTFORD MUTUAL FUNDS, INC. THIS PROXY IS SOLICITED ON BEHALF
OF THE BOARD OF DIRECTORS
[Name of Fund]
The undersigned appoints David M. Znamierowski, George R. Jay, Daniel Burton,
Robert W. Beltz, Jr., Scott R. Plummer, Tamara L. Fagely and Kevin J. Carr or
each of them separately with power to act without the others and with the right
of substitution in each, the proxies of the undersigned to vote, as designated
herein, all shares of the Fund named above (the "Fund") held by the undersigned
on May 7, 2002, at a Special Meeting of Shareholders of the Fund, to be held at
the offices of Hartford Investment Financial Services, LLC, 200 Hopmeadow
Street, Simsbury, Connecticut, 06089 on July 16, 2002 at 10:00 a.m., Eastern
time, and at any adjournment thereof, with all powers the undersigned would
possess if present in person. All previous proxies given with respect to the
meeting are revoked.
The undersigned hereby acknowledge(s) receipt of a copy of the accompanying
Notice of Special Meeting of Shareholders and the Proxy Statement with respect
thereto. This proxy may be revoked at any time before it is exercise.
Date
----------------------------
PLEASE VOTE, DATE AND SIGN AND PROMPTLY RETURN
THIS PROXY IN THE ENCLOSED ENVELOPE
-------------------------------------------------
-------------------------------------------------
Shareholder(s) signs here
Please sign exactly as name appears to the left.
When signing as attorney, executor, administrator,
trustee or guardian, please give full title as
such. If signing for a corporation, please sign in
full corporate name by authorized person. If a
partnership, please sign in partnership name by
authorized person.
HARTFORD MUTUAL
HAS YOUR _______________________________ DO YOU _____________________________
ADDRESS _______________________________ HAVE ANY ___________________________
CHANGED? _______________________________ COMMENTS? __________________________
PLEASE FILL IN BOX(ES) AS SHOWN USING BLACK OR BLUE INK
OR NUMBER 2 PENCIL. [x]
PLEASE DO NOT USE FINE POINT PENS.
PLEASE REFER TO YOUR PROXY STATEMENT FOR A COMPLETE DISCUSSION OF THE PROPOSALS APPLICABLE TO YOUR FUND.
I. To elect the following Nominees to the Board of Directors: (01) Winifred FOR WITHHOLD FOR ALL
Ellen Coleman, (02) Dr. Robert M. Gavin, (03) Duane E. Hill, (04) William ALL ALL EXCEPT *
Atchison O'Neill, (05) Phillip O. Peterson, (06) Millard Handley Pryor,
Jr., (07) Lowndes Andrew Smith, (08) John Kelley Springer, and (09) David
M. Znamierowski
* TO WITHHOLD AUTHORITY TO VOTE FOR ANY INDIVIDUAL NOMINEE MARK THE BOX [ ] [ ] [ ] I.
"FOR ALL EXCEPT" AND WRITE THE NOMINEE'S NUMBER ON THE LINE BELOW.
---------------------------------------------------------------------------
II. To approve proposals to eliminate or revise certain fundamental investment FOR AGAINST ABSTAIN
policies of the Funds.
(Letters correspond to letter designations in the Proxy Statement.)
A(i).Proposal to revise the fundamental policy regarding the issuing of [ ] [ ] [ ] A(i).
senior securities.
A(ii)Proposal to revise the fundamental policy regarding the borrowing of [ ] [ ] [ ] A(ii).
money.
B. Proposal to revise the fundamental policy regarding investment [ ] [ ] [ ] B.
concentrations within a particular industry.
D. Proposal to revise the fundamental policy regarding the making of [ ] [ ] [ ] D.
loans.
E. Proposal to revise the fundamental policy regarding underwriting [ ] [ ] [ ] E.
securities.
F. Proposal to revise the fundamental policy regarding investments in [ ] [ ] [ ] F.
real estate and interests therein.
G. Proposal to revise the fundamental policy regarding purchases and [ ] [ ] [ ] G.
sales of commodities and commodities contracts.
MARK BOX AT RIGHT IF AN ADDRESS CHANGE OR COMMENT HAS BEEN NOTED ABOVE. [ ]
HMF-FOCUS
THE HARTFORD MUTUAL FUNDS, INC.
VOTE TODAY BY MAIL,
TOUCH-TONE PHONE OR THE INTERNET
CALL TOLL-FREE 1-888-221-0697
OR LOG ON TO WWW.PROXYWEB.COM
This proxy will be voted as instructed on the matters set forth below. IF NO
CHOICE IS SPECIFIED, THIS PROXY WILL BE VOTED FOR ALL NOMINEES FOR DIRECTOR AND
FOR EACH OF THE OTHER PROPOSALS. IN THEIR DISCRETION, THE PROXIES ARE AUTHORIZED
TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING AND ANY
ADJOURNMENTS OR POSTPONEMENTS OF THE MEETING. If a nominee for Director is
unable to serve or will not serve, the persons named as Proxies may vote all of
the shares represented hereby for the election of a substitute nominee. A
shareholder wishing to vote in accordance with the Board of Directors'
recommendations need only sign and date this proxy and return it in the envelope
provided.
*** CONTROL NUMBER: [Number] ***
PROXY FOR SPECIAL MEETING OF SHAREHOLDERS TO BE HELD JULY 16, 2002
THE HARTFORD MUTUAL FUNDS, INC. THIS PROXY IS SOLICITED ON BEHALF
OF THE BOARD OF DIRECTORS
[Name of Fund]
The undersigned appoints David M. Znamierowski, George R. Jay, Daniel Burton,
Robert W. Beltz, Jr., Scott R. Plummer, Tamara L. Fagely and Kevin J. Carr or
each of them separately with power to act without the others and with the right
of substitution in each, the proxies of the undersigned to vote, as designated
herein, all shares of the Fund named above (the "Fund") held by the undersigned
on May 7, 2002, at a Special Meeting of Shareholders of the Fund, to be held at
the offices of Hartford Investment Financial Services, LLC, 200 Hopmeadow
Street, Simsbury, Connecticut, 06089 on July 16, 2002 at 10:00 a.m., Eastern
time, and at any adjournment thereof, with all powers the undersigned would
possess if present in person. All previous proxies given with respect to the
meeting are revoked.
The undersigned hereby acknowledge(s) receipt of a copy of the accompanying
Notice of Special Meeting of Shareholders and the Proxy Statement with respect
thereto. This proxy may be revoked at any time before it is exercise.
Date
----------------------------
PLEASE VOTE, DATE AND SIGN AND PROMPTLY RETURN
THIS PROXY IN THE ENCLOSED ENVELOPE
--------------------------------------------------
--------------------------------------------------
Shareholder(s) signs here
Please sign exactly as name appears to the left.
When signing as attorney, executor, administrator,
trustee or guardian, please give full title as
such. If signing for a corporation, please sign in
full corporate name by authorized person. If a
partnership, please sign in partnership name by
authorized person.
HARTFORD MUTUAL
HAS YOUR _______________________________ DO YOU _____________________________
ADDRESS _______________________________ HAVE ANY ___________________________
CHANGED? _______________________________ COMMENTS? __________________________
PLEASE FILL IN BOX(ES) AS SHOWN USING BLACK OR BLUE INK
OR NUMBER 2 PENCIL. [x]
PLEASE DO NOT USE FINE POINT PENS.
PLEASE REFER TO YOUR PROXY STATEMENT FOR A COMPLETE DISCUSSION OF THE PROPOSALS APPLICABLE TO YOUR FUND.
I. To elect the following Nominees to the Board of Directors: (01) Winifred FOR WITHHOLD FOR ALL
Ellen Coleman, (02) Dr. Robert M. Gavin, (03) Duane E. Hill, (04) William ALL ALL EXCEPT *
Atchison O'Neill, (05) Phillip O. Peterson, (06) Millard Handley Pryor,
Jr., (07) Lowndes Andrew Smith, (08) John Kelley Springer, and (09) David
M. Znamierowski
* TO WITHHOLD AUTHORITY TO VOTE FOR ANY INDIVIDUAL NOMINEE MARK THE BOX [ ] [ ] [ ] I.
"FOR ALL EXCEPT" AND WRITE THE NOMINEE'S NUMBER ON THE LINE BELOW.
---------------------------------------------------------------------------
II. To approve proposals to eliminate or revise certain fundamental investment FOR AGAINST ABSTAIN
policies of the Funds.
(Letters correspond to letter designations in the Proxy Statement.)
A(i).Proposal to revise the fundamental policy regarding the issuing of [ ] [ ] [ ] A(i).
senior securities.
A(ii)Proposal to revise the fundamental policy regarding the borrowing of [ ] [ ] [ ] A(ii).
money.
C. Proposal concerning fundamental policy regarding investments within [ ] [ ] [ ] C.
certain industries.
D. Proposal to revise the fundamental policy regarding the making of [ ] [ ] [ ] D.
loans.
E. Proposal to revise the fundamental policy regarding underwriting [ ] [ ] [ ] E.
securities.
F. Proposal to revise the fundamental policy regarding investments in [ ] [ ] [ ] F.
real estate and interests therein.
G. Proposal to revise the fundamental policy regarding purchases and [ ] [ ] [ ] G.
sales of commodities and commodities contracts.
MARK BOX AT RIGHT IF AN ADDRESS CHANGE OR COMMENT HAS BEEN NOTED ABOVE. [ ]
HMF-GLOBAL
THE HARTFORD MUTUAL FUNDS, INC.
VOTE TODAY BY MAIL,
TOUCH-TONE PHONE OR THE INTERNET
CALL TOLL-FREE 1-888-221-0697
OR LOG ON TO WWW.PROXYWEB.COM
This proxy will be voted as instructed on the matters set forth below. IF NO
CHOICE IS SPECIFIED, THIS PROXY WILL BE VOTED FOR ALL NOMINEES FOR DIRECTOR AND
FOR EACH OF THE OTHER PROPOSALS. IN THEIR DISCRETION, THE PROXIES ARE AUTHORIZED
TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING AND ANY
ADJOURNMENTS OR POSTPONEMENTS OF THE MEETING. If a nominee for Director is
unable to serve or will not serve, the persons named as Proxies may vote all of
the shares represented hereby for the election of a substitute nominee. A
shareholder wishing to vote in accordance with the Board of Directors'
recommendations need only sign and date this proxy and return it in the envelope
provided.
*** CONTROL NUMBER: [Number] ***
PROXY FOR SPECIAL MEETING OF SHAREHOLDERS TO BE HELD JULY 16, 2002
THE HARTFORD MUTUAL FUNDS, INC. THIS PROXY IS SOLICITED ON BEHALF
OF THE BOARD OF DIRECTORS
[Name of Fund]
The undersigned appoints David M. Znamierowski, George R. Jay, Daniel Burton,
Robert W. Beltz, Jr., Scott R. Plummer, Tamara L. Fagely and Kevin J. Carr or
each of them separately with power to act without the others and with the right
of substitution in each, the proxies of the undersigned to vote, as designated
herein, all shares of the Fund named above (the "Fund") held by the undersigned
on May 7, 2002, at a Special Meeting of Shareholders of the Fund, to be held at
the offices of Hartford Investment Financial Services, LLC, 200 Hopmeadow
Street, Simsbury, Connecticut, 06089 on July 16, 2002 at 10:00 a.m., Eastern
time, and at any adjournment thereof, with all powers the undersigned would
possess if present in person. All previous proxies given with respect to the
meeting are revoked.
The undersigned hereby acknowledge(s) receipt of a copy of the accompanying
Notice of Special Meeting of Shareholders and the Proxy Statement with respect
thereto. This proxy may be revoked at any time before it is exercise.
Date
----------------------------
PLEASE VOTE, DATE AND SIGN AND PROMPTLY RETURN
THIS PROXY IN THE ENCLOSED ENVELOPE
-------------------------------------------------
-------------------------------------------------
Shareholder(s) signs here
Please sign exactly as name appears to the left.
When signing as attorney, executor, administrator,
trustee or guardian, please give full title as
such. If signing for a corporation, please sign in
full corporate name by authorized person. If a
partnership, please sign in partnership name by
authorized person.
HARTFORD MUTUAL
HAS YOUR _______________________________ DO YOU _____________________________
ADDRESS _______________________________ HAVE ANY ___________________________
CHANGED? _______________________________ COMMENTS? __________________________
PLEASE FILL IN BOX(ES) AS SHOWN USING BLACK OR BLUE INK
OR NUMBER 2 PENCIL. [x]
PLEASE DO NOT USE FINE POINT PENS.
PLEASE REFER TO YOUR PROXY STATEMENT FOR A COMPLETE DISCUSSION OF THE PROPOSALS APPLICABLE TO YOUR FUND.
I. To elect the following Nominees to the Board of Directors: (01) Winifred FOR WITHHOLD FOR ALL
Ellen Coleman, (02) Dr. Robert M. Gavin, (03) Duane E. Hill, (04) William ALL ALL EXCEPT *
Atchison O'Neill, (05) Phillip O. Peterson, (06) Millard Handley Pryor,
Jr., (07) Lowndes Andrew Smith, (08) John Kelley Springer, and (09) David
M. Znamierowski
* TO WITHHOLD AUTHORITY TO VOTE FOR ANY INDIVIDUAL NOMINEE MARK THE BOX [ ] [ ] [ ] I.
"FOR ALL EXCEPT" AND WRITE THE NOMINEE'S NUMBER ON THE LINE BELOW.
---------------------------------------------------------------------------
II. To approve proposals to eliminate or revise certain fundamental investment FOR AGAINST ABSTAIN
policies of the Funds.
(Letters correspond to letter designations in the Proxy Statement.)
A(i). Proposal to revise the fundamental policy regarding the issuing of [ ] [ ] [ ] A(i).
senior securities.
A(ii) Proposal to revise the fundamental policy regarding the borrowing of [ ] [ ] [ ] A(ii).
money.
B. Proposal to revise the fundamental policy regarding investment [ ] [ ] [ ] B.
concentrations within a particular industry.
D. Proposal to revise the fundamental policy regarding the making of [ ] [ ] [ ] D.
loans.
E. Proposal to revise the fundamental policy regarding underwriting [ ] [ ] [ ] E.
securities.
F. Proposal to revise the fundamental policy regarding investments in [ ] [ ] [ ] F.
real estate and interests therein.
G. Proposal to revise the fundamental policy regarding purchases and [ ] [ ] [ ] G.
sales of commodities and commodities contracts.
H. Proposal to eliminate the fundamental policy regarding the [ ] [ ] [ ] H.
diversification of investments.
MARK BOX AT RIGHT IF AN ADDRESS CHANGE OR COMMENT HAS BEEN NOTED ABOVE. [ ]
HMF-FUNDS
[LOGO]
The Hartford Financial Services
INTERNET PROXY VOTING SERVICE
PROXY CARD
THE HARTFORD MUTUAL FUNDS, INC.
[NAME OF FUND]
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
PROXY FOR SPECIAL MEETING OF SHAREHOLDERS TO BE HELD JULY 16, 2002
I/We appoint David M. Znamierowski, George R. Jay, Daniel Burton, Robert W.
Beltz, Jr., Scott R. Plummer, Tamara L. Fagely, and Kevin J. Carr or each of
them separately with power to act without the others and with the right of
substitution in each, my/our proxies to vote, as designated herein, all shares
of the Fund named above (the "Fund") held by me/us on May 7, 2002, at a Special
Meeting of Shareholders of the Fund, to be held at the offices of Hartford
Investment Financial Services, LLC, 200 Hopmeadow Street, Simsbury, Connecticut,
06089 on July 16, 2002 at 10:00 a.m., Eastern time, and at any adjournment
thereof, with all powers I/we would possess if present in person.
All previous proxies given with respect to the meeting are hereby revoked.
Receipt of the Notice of Special Meeting of Shareholders and the Proxy Statement
is acknowledged by submission of this proxy. This proxy may be revoked at
anytime before it is exercised.
This proxy will be voted as instructed on the matters set forth below. IF NO
CHOICE IS SPECIFIED, THIS PROXY WILL BE VOTED FOR ALL NOMINEES FOR DIRECTOR AND
FOR EACH OF THE OTHER PROPOSALS. IN THEIR DISCRETION, THE PROXIES ARE AUTHORIZED
TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING AND ANY
ADJOURNMENTS OR POSTPONEMENTS OF THE MEETING. If a nominee for Director is
unable to serve or will not serve, the persons named as Proxies may vote all of
the shares represented hereby for the election of a substitute nominee.
When using 'For all except' response, enter the number(s) of the nominee(s) you
wish to withhold on, separated by a comma, in the text field.
PROPOSAL 1. TO ELECT THE FOLLOWING NOMINEES TO THE BOARD OF [ ] FOR ALL
DIRECTORS:
(01) WINIFRED ELLEN COLEMAN, [ ] WITHHOLD ALL
(02) DR. ROBERT M. GAVIN,
(03) DUANE E. HILL, [ ] FOR ALL EXCEPT:
(04) WILLIAM ATCHISON O'NEILL,
(05) PHILLIP O. PETERSON,
(06) MILLARD HANDLEY PRYOR, JR.,
(07) LOWNDES ANDREW SMITH,
(08) JOHN KELLEY SPRINGER AND
(09) DAVID M. ZNAMIEROWSKI
- -----------------------------------------------------------------------------------------------------------------------
PROPOSAL 2. TO APPROVE PROPOSALS TO ELIMINATE OR
REVISE CERTAIN FUNDAMENTAL INVESTMENT POLICIES
OF THE FUNDS. (LETTERS CORRESPOND TO LETTER
DESIGNATIONS IN THE PROXY STATEMENT.)
- -----------------------------------------------------------------------------------------------------------------------.
PROPOSAL 2a(i). PROPOSAL TO REVISE THE FUNDAMENTAL POLICY [ ] FOR [ ] AGAINST [ ] ABSTAIN
REGARDING THE ISSUING OF SENIOR SECURITIES.
- -----------------------------------------------------------------------------------------------------------------------
PROPOSAL 2a(ii). PROPOSAL TO REVISE THE FUNDAMENTAL POLICY [ ] FOR [ ] AGAINST [ ] ABSTAIN
REGARDING THE BORROWING OF MONEY.
- -----------------------------------------------------------------------------------------------------------------------
PROPOSAL 2b. PROPOSAL TO REVISE THE FUNDAMENTAL POLICY [ ] FOR [ ] AGAINST [ ] ABSTAIN
REGARDING INVESTMENT CONCENTRATIONS WITHIN A
PARTICULAR INDUSTRY.
- -----------------------------------------------------------------------------------------------------------------------
PROPOSAL 2d. PROPOSAL TO REVISE THE FUNDAMENTAL POLICY [ ] FOR [ ] AGAINST [ ] ABSTAIN
REGARDING THE MAKING OF LOANS.
- -----------------------------------------------------------------------------------------------------------------------
PROPOSAL 2e. PROPOSAL TO REVISE THE FUNDAMENTAL POLICY [ ] FOR [ ] AGAINST [ ] ABSTAIN
REGARDING UNDERWRITING SECURITIES.
- -----------------------------------------------------------------------------------------------------------------------
PROPOSAL 2f. PROPOSAL TO REVISE THE FUNDAMENTAL POLICY [ ] FOR [ ] AGAINST [ ] ABSTAIN
REGARDING INVESTMENTS IN REAL ESTATE AND
INTERESTS THEREIN.
- -----------------------------------------------------------------------------------------------------------------------
PROPOSAL 2g. PROPOSAL TO REVISE THE FUNDAMENTAL POLICY [ ] FOR [ ] AGAINST [ ] ABSTAIN
REGARDING PURCHASES AND SALES OF COMMODITIES
AND COMMODITIES CONTRACTS.
- -----------------------------------------------------------------------------------------------------------------------
PLEASE REFER TO THE PROXY STATEMENT FOR A DISCUSSION OF EACH OF THESE MATTERS.
To receive an optional email confirmation, enter your email address here:
----------------------------------------------
PLEASE REVIEW YOUR SELECTIONS CAREFULLY BEFORE SUBMITTING YOUR PROXY.
-2-
IF YOU SUBMIT THE SAME PROXY MORE THAN ONCE, ONLY YOUR LAST (MOST RECENT) PROXY
WILL BE CONSIDERED VALID.
Press this button to Submit your Proxy
-3-
[LOGO]
The Hartford Financial Services
INTERNET PROXY VOTING SERVICE
PROXY CARD
THE HARTFORD MUTUAL FUNDS, INC.
[NAME OF FUND]
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
PROXY FOR SPECIAL MEETING OF SHAREHOLDERS TO BE HELD JULY 16, 2002
I/We appoint David M. Znamierowski, George R. Jay, Daniel Burton, Robert W.
Beltz, Jr., Scott R. Plummer, Tamara L. Fagely, and Kevin J. Carr or each of
them separately with power to act without the others and with the right of
substitution in each, my/our proxies to vote, as designated herein, all shares
of the Fund named above (the "Fund") held by me/us on May 7, 2002, at a Special
Meeting of Shareholders of the Fund, to be held at the offices of Hartford
Investment Financial Services, LLC, 200 Hopmeadow Street, Simsbury, Connecticut,
06089 on July 16, 2002 at 10:00 a.m., Eastern time, and at any adjournment
thereof, with all powers I/we would possess if present in person.
All previous proxies given with respect to the meeting are hereby revoked.
Receipt of the Notice of Special Meeting of Shareholders and the Proxy Statement
is acknowledged by submission of this proxy. This proxy may be revoked at
anytime before it is exercised.
This proxy will be voted as instructed on the matters set forth below. IF NO
CHOICE IS SPECIFIED, THIS PROXY WILL BE VOTED FOR ALL NOMINEES FOR DIRECTOR AND
FOR EACH OF THE OTHER PROPOSALS. IN THEIR DISCRETION, THE PROXIES ARE AUTHORIZED
TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING AND ANY
ADJOURNMENTS OR POSTPONEMENTS OF THE MEETING. If a nominee for Director is
unable to serve or will not serve, the persons named as Proxies may vote all of
the shares represented hereby for the election of a substitute nominee.
When using 'For all except' response, enter the number(s) of the nominee(s) you
wish to withhold on, separated by a comma, in the text field.
PROPOSAL 1. TO ELECT THE FOLLOWING NOMINEES TO THE BOARD OF [ ] FOR ALL
DIRECTORS:
(01) WINIFRED ELLEN COLEMAN, [ ] WITHHOLD ALL
(02) DR. ROBERT M. GAVIN,
(03) DUANE E. HILL, [ ] FOR ALL EXCEPT:
(04) WILLIAM ATCHISON O'NEILL,
(05) PHILLIP O. PETERSON,
(06) MILLARD HANDLEY PRYOR, JR.,
(07) LOWNDES ANDREW SMITH,
(08) JOHN KELLEY SPRINGER AND
(09) DAVID M. ZNAMIEROWSKI
- -------------------------------------------------------------------------------------------------------------------
PROPOSAL 2. TO APPROVE PROPOSALS TO ELIMINATE OR
REVISE CERTAIN FUNDAMENTAL INVESTMENT POLICIES
OF THE FUNDS. (LETTERS CORRESPOND TO LETTER
DESIGNATIONS IN THE PROXY STATEMENT.)
- -------------------------------------------------------------------------------------------------------------------
PROPOSAL 2a(i). PROPOSAL TO REVISE THE FUNDAMENTAL POLICY [ ] FOR [ ] AGAINST [ ] ABSTAIN
REGARDING THE ISSUING OF SENIOR SECURITIES.
- -------------------------------------------------------------------------------------------------------------------
PROPOSAL 2a(ii). PROPOSAL TO REVISE THE FUNDAMENTAL POLICY [ ] FOR [ ] AGAINST [ ] ABSTAIN
REGARDING THE BORROWING OF MONEY.
- -------------------------------------------------------------------------------------------------------------------
PROPOSAL 2c. PROPOSAL CONCERNING FUNDAMENTAL POLICY [ ] FOR [ ] AGAINST [ ] ABSTAIN
REGARDING INVESTMENTS WITHIN CERTAIN INDUSTRIES.
- -------------------------------------------------------------------------------------------------------------------
PROPOSAL 2d. PROPOSAL TO REVISE THE FUNDAMENTAL POLICY [ ] FOR [ ] AGAINST [ ] ABSTAIN
REGARDING THE MAKING OF LOANS.
- -------------------------------------------------------------------------------------------------------------------
PROPOSAL 2e. PROPOSAL TO REVISE THE FUNDAMENTAL POLICY [ ] FOR [ ] AGAINST [ ] ABSTAIN
REGARDING UNDERWRITING SECURITIES.
- -------------------------------------------------------------------------------------------------------------------
PROPOSAL 2f. PROPOSAL TO REVISE THE FUNDAMENTAL POLICY [ ] FOR [ ] AGAINST [ ] ABSTAIN
REGARDING INVESTMENTS IN REAL ESTATE AND
INTERESTS THEREIN.
- -------------------------------------------------------------------------------------------------------------------
PROPOSAL 2g. PROPOSAL TO REVISE THE FUNDAMENTAL POLICY [ ] FOR [ ] AGAINST [ ] ABSTAIN
REGARDING PURCHASES AND SALES OF COMMODITIES
AND COMMODITIES CONTRACTS.
- -------------------------------------------------------------------------------------------------------------------
PLEASE REFER TO THE PROXY STATEMENT FOR A DISCUSSION OF EACH OF THESE MATTERS.
To receive an optional email confirmation, enter your email address here:
---------------------------------
PLEASE REVIEW YOUR SELECTIONS CAREFULLY BEFORE SUBMITTING YOUR PROXY.
-2-
IF YOU SUBMIT THE SAME PROXY MORE THAN ONCE, ONLY YOUR LAST (MOST RECENT) PROXY
WILL BE CONSIDERED VALID.
Press this button to Submit your Proxy
-3-
[LOGO]
The Hartford Financial Services
INTERNET PROXY VOTING SERVICE
PROXY CARD
THE HARTFORD MUTUAL FUNDS, INC.
[NAME OF FUND]
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
PROXY FOR SPECIAL MEETING OF SHAREHOLDERS TO BE HELD JULY 16, 2002
I/We appoint David M. Znamierowski, George R. Jay, Daniel Burton, Robert W.
Beltz, Jr., Scott R. Plummer, Tamara L. Fagely, and Kevin J. Carr or each of
them separately with power to act without the others and with the right of
substitution in each, my/our proxies to vote, as designated herein, all shares
of the Fund named above (the "Fund") held by me/us on May 7, 2002, at a Special
Meeting of Shareholders of the Fund, to be held at the offices of Hartford
Investment Financial Services, LLC, 200 Hopmeadow Street, Simsbury, Connecticut,
06089 on July 16, 2002 at 10:00 a.m., Eastern time, and at any adjournment
thereof, with all powers I/we would possess if present in person.
All previous proxies given with respect to the meeting are hereby revoked.
Receipt of the Notice of Special Meeting of Shareholders and the Proxy Statement
is acknowledged by submission of this proxy. This proxy may be revoked at
anytime before it is exercised.
This proxy will be voted as instructed on the matters set forth below. IF NO
CHOICE IS SPECIFIED, THIS PROXY WILL BE VOTED FOR ALL NOMINEES FOR DIRECTOR AND
FOR EACH OF THE OTHER PROPOSALS. IN THEIR DISCRETION, THE PROXIES ARE AUTHORIZED
TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING AND ANY
ADJOURNMENTS OR POSTPONEMENTS OF THE MEETING. If a nominee for Director is
unable to serve or will not serve, the persons named as Proxies may vote all of
the shares represented hereby for the election of a substitute nominee.
When using 'For all except' response, enter the number(s) of the nominee(s) you
wish to withhold on, separated by a comma, in the text field.
PROPOSAL 1. TO ELECT THE FOLLOWING NOMINEES TO THE BOARD OF [ ] FOR ALL
DIRECTORS:
(01) WINIFRED ELLEN COLEMAN, [ ] WITHHOLD ALL
(02) DR. ROBERT M. GAVIN,
(03) DUANE E. HILL, [ ] FOR ALL EXCEPT:
(04) WILLIAM ATCHISON O'NEILL,
(05) PHILLIP O. PETERSON,
(06) MILLARD HANDLEY PRYOR, JR.,
(07) LOWNDES ANDREW SMITH,
(08) JOHN KELLEY SPRINGER AND
(09) DAVID M. ZNAMIEROWSKI
- ----------------------------------------------------------------------------------------------------------------------
PROPOSAL 2. TO APPROVE PROPOSALS TO ELIMINATE OR
REVISE CERTAIN FUNDAMENTAL INVESTMENT POLICIES
OF THE FUNDS. (LETTERS CORRESPOND TO LETTER
DESIGNATIONS IN THE PROXY STATEMENT.)
- ----------------------------------------------------------------------------------------------------------------------
PROPOSAL 2a(i). PROPOSAL TO REVISE THE FUNDAMENTAL POLICY [ ] FOR [ ] AGAINST [ ] ABSTAIN
REGARDING THE ISSUING OF SENIOR SECURITIES.
- ----------------------------------------------------------------------------------------------------------------------
PROPOSAL 2a(ii). PROPOSAL TO REVISE THE FUNDAMENTAL POLICY [ ] FOR [ ] AGAINST [ ] ABSTAIN
REGARDING THE BORROWING OF MONEY.
- ----------------------------------------------------------------------------------------------------------------------
PROPOSAL 2b. PROPOSAL TO REVISE THE FUNDAMENTAL POLICY [ ] FOR [ ] AGAINST [ ] ABSTAIN
REGARDING INVESTMENT CONCENTRATIONS WITHIN A
PARTICULAR INDUSTRY.
- ----------------------------------------------------------------------------------------------------------------------
PROPOSAL 2d. PROPOSAL TO REVISE THE FUNDAMENTAL POLICY [ ] FOR [ ] AGAINST [ ] ABSTAIN
REGARDING THE MAKING OF LOANS.
- ----------------------------------------------------------------------------------------------------------------------
PROPOSAL 2e. PROPOSAL TO REVISE THE FUNDAMENTAL POLICY [ ] FOR [ ] AGAINST [ ] ABSTAIN
REGARDING UNDERWRITING SECURITIES.
- ----------------------------------------------------------------------------------------------------------------------
PROPOSAL 2f. PROPOSAL TO REVISE THE FUNDAMENTAL POLICY [ ] FOR [ ] AGAINST [ ] ABSTAIN
REGARDING INVESTMENTS IN REAL ESTATE AND
INTERESTS THEREIN.
- ----------------------------------------------------------------------------------------------------------------------
PROPOSAL 2g. PROPOSAL TO REVISE THE FUNDAMENTAL POLICY [ ] FOR [ ] AGAINST [ ] ABSTAIN
REGARDING PURCHASES AND SALES OF COMMODITIES
AND COMMODITIES CONTRACTS.
- ----------------------------------------------------------------------------------------------------------------------
PROPOSAL 2h. PROPOSAL TO ELIMINATE THE FUNDAMENTAL POLICY [ ] FOR [ ] AGAINST [ ] ABSTAIN
REGARDING THE DIVERSIFICATION OF INVESTMENTS.
- ----------------------------------------------------------------------------------------------------------------------
PLEASE REFER TO THE PROXY STATEMENT FOR A DISCUSSION OF EACH OF THESE MATTERS.
-2-
To receive an optional email confirmation, enter your email address here:
---------------------------------
PLEASE REVIEW YOUR SELECTIONS CAREFULLY BEFORE SUBMITTING YOUR PROXY. IF YOU
SUBMIT THE SAME PROXY MORE THAN ONCE, ONLY YOUR LAST (MOST RECENT) PROXY WILL BE
CONSIDERED VALID.
Press this button to Submit your Proxy
-3-
SCRIPT FOR TELEPHONE VOTING
THE HARTFORD MUTUAL FUNDS, INC.:
FOCUS FUND
OPENING:
WHEN CONNECTED TO THE TOLL-FREE NUMBER, SHAREHOLDER WILL HEAR:
- --------------------------------------------------------------------------------
"Welcome. Please enter the control number located on the upper portion of your
proxy card."
- --------------------------------------------------------------------------------
WHEN SHAREHOLDER ENTERS THE CONTROL NUMBER, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"To vote as the Board recommends on all proposals, press 1 now. To vote on each
proposal separately, press 0 now."
- --------------------------------------------------------------------------------
OPTION 1: VOTING ALL PROPOSALS AS MANAGEMENT RECOMMENDS
IF SHAREHOLDER ELECTS TO VOTE AS MANAGEMENT RECOMMENDS ON ALL PROPOSALS, HE/SHE
WILL HEAR:
- --------------------------------------------------------------------------------
"You have voted as the Board recommended. If this is correct, press 1. If
incorrect, press 0."
- --------------------------------------------------------------------------------
IF SHAREHOLDER PRESSES 1, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"If you have received more than one proxy card, you must vote each card
separately. If you would like to vote another proxy, press 1 now. To end this
call, press 0 now."
- --------------------------------------------------------------------------------
IF SHAREHOLDER PRESSES 0 TO INDICATE AN INCORRECT VOTE, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"To vote as the Board recommends on all proposals, press 1 now. To vote on each
proposal separately, press 0 now." (Speech Two above)
- --------------------------------------------------------------------------------
IF SHAREHOLDER ELECTS TO REVOTE OR VOTE ANOTHER PROXY, HE/SHE IS RETURNED TO THE
"PLEASE ENTER THE CONTROL NUMBER" SPEECH (ABOVE). IF SHAREHOLDER ELECTS TO END
THE CALL, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Thank you for voting."
- --------------------------------------------------------------------------------
CALL IS TERMINATED.
OPTION 2: VOTING EACH PROPOSAL SEPARATELY
IF SHAREHOLDER ELECTS TO VOTE EACH PROPOSAL SEPARATELY, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Proposal 1: To vote FOR all nominees, press 1. To WITHHOLD from all nominees,
press 9. To WITHHOLD from an individual nominee, press 0. Make your selection
now."
- --------------------------------------------------------------------------------
IF THE SHAREHOLDER VOTES FOR ALL NOMINEES OR WITHHOLDS FROM ALL NOMINEES, THE
SCRIPT MOVES TO PROPOSAL 2. IF THE SHAREHOLDER ELECTS TO WITHHOLD FROM A
SPECIFIC NOMINEE, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Enter the two-digit number that appears in front of the nominee's name you DO
NOT wish to vote for."
- --------------------------------------------------------------------------------
AND THEN,
- --------------------------------------------------------------------------------
"Press 1 to withhold from another nominee or Press 0 if you have completed
voting for nominees."
- --------------------------------------------------------------------------------
WHEN THE SHAREHOLDER HAS FINISHED VOTING ON PROPOSAL 1, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Proposal 2a One: To vote FOR, press 1; AGAINST, press 9; ABSTAIN, press 0."
- --------------------------------------------------------------------------------
WHEN THE SHAREHOLDER HAS FINISHED VOTING ON PROPOSAL 2a(i) , HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Proposal 2a Two: To vote FOR, press 1; AGAINST, press 9; ABSTAIN, press 0."
- --------------------------------------------------------------------------------
WHEN THE SHAREHOLDER HAS FINISHED VOTING ON PROPOSAL 2a(ii), HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Proposal 2b: To vote FOR, press 1; AGAINST, press 9; ABSTAIN, press 0."
- --------------------------------------------------------------------------------
WHEN THE SHAREHOLDER HAS FINISHED VOTING ON PROPOSAL 2b, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Proposal 2d: To vote FOR, press 1; AGAINST, press 9; ABSTAIN, press 0."
- --------------------------------------------------------------------------------
WHEN THE SHAREHOLDER HAS FINISHED VOTING ON PROPOSAL 2d, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Proposal 2e: To vote FOR, press 1; AGAINST, press 9; ABSTAIN, press 0."
- --------------------------------------------------------------------------------
WHEN THE SHAREHOLDER HAS FINISHED VOTING ON PROPOSAL 2e, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Proposal 2f: To vote FOR, press 1; AGAINST, press 9; ABSTAIN, press 0."
- --------------------------------------------------------------------------------
WHEN THE SHAREHOLDER HAS FINISHED VOTING ON PROPOSAL 2f, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Proposal 2g: To vote FOR, press 1; AGAINST, press 9; ABSTAIN, press 0."
- --------------------------------------------------------------------------------
WHEN THE SHAREHOLDER HAS FINISHED VOTING ON PROPOSAL 2g, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Your votes have been cast as follows (VOTE FOR EACH PROPOSAL IS GIVEN). If this
is correct, press 1 now. If incorrect, press 0."
- --------------------------------------------------------------------------------
IF THE SHAREHOLDER PRESSES 1, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"If you have received more than one proxy card, you must vote each card
separately. If you would like to vote another proxy, press 1 now. To end this
call, press 0 now."
- --------------------------------------------------------------------------------
IF SHAREHOLDER PRESSES 0 TO INDICATE AN INCORRECT VOTE, HE/SHE IS RETURNED TO
THE "PLEASE ENTER THE CONTROL NUMBER" SPEECH (ABOVE). IF SHAREHOLDER ELECTS TO
END THE CALL, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Thank you for voting."
- --------------------------------------------------------------------------------
CALL IS TERMINATED.
SCRIPT FOR TELEPHONE VOTING
THE HARTFORD MUTUAL FUNDS, INC.:
GLOBAL COMMUNICATIONS FUND
GLOBAL FINANCIAL SERVICES FUND
GLOBAL HEALTH FUND
GLOBAL TECHNOLOGY FUND
OPENING:
WHEN CONNECTED TO THE TOLL-FREE NUMBER, SHAREHOLDER WILL HEAR:
- --------------------------------------------------------------------------------
"Welcome. Please enter the control number located on the upper portion of your
proxy card."
- --------------------------------------------------------------------------------
WHEN SHAREHOLDER ENTERS THE CONTROL NUMBER, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"To vote as the Board recommends on all proposals, press 1 now. To vote on each
proposal separately, press 0 now."
- --------------------------------------------------------------------------------
OPTION 1: VOTING ALL PROPOSALS AS MANAGEMENT RECOMMENDS
IF SHAREHOLDER ELECTS TO VOTE AS MANAGEMENT RECOMMENDS ON ALL PROPOSALS, HE/SHE
WILL HEAR:
- --------------------------------------------------------------------------------
"You have voted as the Board recommended. If this is correct, press 1. If
incorrect, press 0."
- --------------------------------------------------------------------------------
IF SHAREHOLDER PRESSES 1, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"If you have received more than one proxy card, you must vote each card
separately. If you would like to vote another proxy, press 1 now. To end this
call, press 0 now."
- --------------------------------------------------------------------------------
IF SHAREHOLDER PRESSES 0 TO INDICATE AN INCORRECT VOTE, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"To vote as the Board recommends on all proposals, press 1 now. To vote on each
proposal separately, press 0 now." (Speech Two above)
- --------------------------------------------------------------------------------
IF SHAREHOLDER ELECTS TO REVOTE OR VOTE ANOTHER PROXY, HE/SHE IS RETURNED TO THE
"PLEASE ENTER THE CONTROL NUMBER" SPEECH (ABOVE). IF SHAREHOLDER ELECTS TO END
THE CALL, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Thank you for voting."
- --------------------------------------------------------------------------------
CALL IS TERMINATED.
OPTION 2: VOTING EACH PROPOSAL SEPARATELY
IF SHAREHOLDER ELECTS TO VOTE EACH PROPOSAL SEPARATELY, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Proposal 1: To vote FOR all nominees, press 1. To WITHHOLD from all nominees,
press 9. To WITHHOLD from an individual nominee, press 0. Make your selection
now."
- --------------------------------------------------------------------------------
IF THE SHAREHOLDER VOTES FOR ALL NOMINEES OR WITHHOLDS FROM ALL NOMINEES, THE
SCRIPT MOVES TO PROPOSAL 2. IF THE SHAREHOLDER ELECTS TO WITHHOLD FROM A
SPECIFIC NOMINEE, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Enter the two-digit number that appears in front of the nominee's name you DO
NOT wish to vote for."
- --------------------------------------------------------------------------------
AND THEN,
- --------------------------------------------------------------------------------
"Press 1 to withhold from another nominee or Press 0 if you have completed
voting for nominees."
- --------------------------------------------------------------------------------
WHEN THE SHAREHOLDER HAS FINISHED VOTING ON PROPOSAL 1, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Proposal 2a One: To vote FOR, press 1; AGAINST, press 9; ABSTAIN, press 0."
- --------------------------------------------------------------------------------
WHEN THE SHAREHOLDER HAS FINISHED VOTING ON PROPOSAL 2a(i) , HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Proposal 2a Two: To vote FOR, press 1; AGAINST, press 9; ABSTAIN, press 0."
- --------------------------------------------------------------------------------
WHEN THE SHAREHOLDER HAS FINISHED VOTING ON PROPOSAL 2a(ii), HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Proposal 2c: To vote FOR, press 1; AGAINST, press 9; ABSTAIN, press 0."
- --------------------------------------------------------------------------------
WHEN THE SHAREHOLDER HAS FINISHED VOTING ON PROPOSAL 2c, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Proposal 2d: To vote FOR, press 1; AGAINST, press 9; ABSTAIN, press 0."
- --------------------------------------------------------------------------------
WHEN THE SHAREHOLDER HAS FINISHED VOTING ON PROPOSAL 2d, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Proposal 2e: To vote FOR, press 1; AGAINST, press 9; ABSTAIN, press 0."
- --------------------------------------------------------------------------------
WHEN THE SHAREHOLDER HAS FINISHED VOTING ON PROPOSAL 2e, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Proposal 2f: To vote FOR, press 1; AGAINST, press 9; ABSTAIN, press 0."
- --------------------------------------------------------------------------------
WHEN THE SHAREHOLDER HAS FINISHED VOTING ON PROPOSAL 2f, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Proposal 2g: To vote FOR, press 1; AGAINST, press 9; ABSTAIN, press 0."
- --------------------------------------------------------------------------------
WHEN THE SHAREHOLDER HAS FINISHED VOTING ON PROPOSAL 2g, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Your votes have been cast as follows (VOTE FOR EACH PROPOSAL IS GIVEN). If this
is correct, press 1 now. If incorrect, press 0."
- --------------------------------------------------------------------------------
IF THE SHAREHOLDER PRESSES 1, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"If you have received more than one proxy card, you must vote each card
separately. If you would like to vote another proxy, press 1 now. To end this
call, press 0 now."
- --------------------------------------------------------------------------------
IF SHAREHOLDER PRESSES 0 TO INDICATE AN INCORRECT VOTE, HE/SHE IS RETURNED TO
THE "PLEASE ENTER THE CONTROL NUMBER" SPEECH (ABOVE). IF SHAREHOLDER ELECTS TO
END THE CALL, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Thank you for voting."
- --------------------------------------------------------------------------------
CALL IS TERMINATED.
SCRIPT FOR TELEPHONE VOTING
THE HARTFORD MUTUAL FUNDS, INC.:
ADVISERS FUND
BOND INCOME STRATEGY FUND
CAPITAL APPRECIATION
DIVIDEND AND GROWTH
GLOBAL LEADERS FUND
GROWTH AND INCOME FUND
HIGH YIELD FUND
INTERNATIONAL CAPITAL APPRECIATION FUND
INTERNATIONAL OPPORTUNITIES FUND
INTERNATIONAL SMALL COMPANY FUND
MIDCAP FUND
MIDCAP VALUE FUND
MONEY MARKET FUND
SMALL COMPANY FUND
STOCK FUND
VALUE FUND
OPENING:
WHEN CONNECTED TO THE TOLL-FREE NUMBER, SHAREHOLDER WILL HEAR:
- --------------------------------------------------------------------------------
"Welcome. Please enter the control number located on the upper portion of your
proxy card."
- --------------------------------------------------------------------------------
WHEN SHAREHOLDER ENTERS THE CONTROL NUMBER, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"To vote as the Board recommends on all proposals, press 1 now. To vote on each
proposal separately, press 0 now."
- --------------------------------------------------------------------------------
OPTION 1: VOTING ALL PROPOSALS AS MANAGEMENT RECOMMENDS
IF SHAREHOLDER ELECTS TO VOTE AS MANAGEMENT RECOMMENDS ON ALL PROPOSALS, HE/SHE
WILL HEAR:
- --------------------------------------------------------------------------------
"You have voted as the Board recommended. If this is correct, press 1. If
incorrect, press 0."
- --------------------------------------------------------------------------------
IF SHAREHOLDER PRESSES 1, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"If you have received more than one proxy card, you must vote each card
separately. If you would like to vote another proxy, press 1 now. To end this
call, press 0 now."
- --------------------------------------------------------------------------------
IF SHAREHOLDER PRESSES 0 TO INDICATE AN INCORRECT VOTE, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"To vote as the Board recommends on all proposals, press 1 now. To vote on each
proposal separately, press 0 now." (Speech Two above)
- --------------------------------------------------------------------------------
IF SHAREHOLDER ELECTS TO REVOTE OR VOTE ANOTHER PROXY, HE/SHE IS RETURNED TO THE
"PLEASE ENTER THE CONTROL NUMBER" SPEECH (ABOVE). IF SHAREHOLDER ELECTS TO END
THE CALL, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Thank you for voting."
- --------------------------------------------------------------------------------
CALL IS TERMINATED.
OPTION 2: VOTING EACH PROPOSAL SEPARATELY
IF SHAREHOLDER ELECTS TO VOTE EACH PROPOSAL SEPARATELY, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Proposal 1: To vote FOR all nominees, press 1. To WITHHOLD from all nominees,
press 9. To WITHHOLD from an individual nominee, press 0. Make your selection
now."
- --------------------------------------------------------------------------------
IF THE SHAREHOLDER VOTES FOR ALL NOMINEES OR WITHHOLDS FROM ALL NOMINEES, THE
SCRIPT MOVES TO PROPOSAL 2. IF THE SHAREHOLDER ELECTS TO WITHHOLD FROM A
SPECIFIC NOMINEE, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Enter the two-digit number that appears in front of the nominee's name you DO
NOT wish to vote for."
- --------------------------------------------------------------------------------
AND THEN,
- --------------------------------------------------------------------------------
"Press 1 to withhold from another nominee or Press 0 if you have completed
voting for nominees."
- --------------------------------------------------------------------------------
WHEN THE SHAREHOLDER HAS FINISHED VOTING ON PROPOSAL 1, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Proposal 2a One: To vote FOR, press 1; AGAINST, press 9; ABSTAIN, press 0."
- --------------------------------------------------------------------------------
WHEN THE SHAREHOLDER HAS FINISHED VOTING ON PROPOSAL 2a(i) , HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Proposal 2a Two: To vote FOR, press 1; AGAINST, press 9; ABSTAIN, press 0."
- --------------------------------------------------------------------------------
WHEN THE SHAREHOLDER HAS FINISHED VOTING ON PROPOSAL 2a(ii), HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Proposal 2b: To vote FOR, press 1; AGAINST, press 9; ABSTAIN, press 0."
- --------------------------------------------------------------------------------
WHEN THE SHAREHOLDER HAS FINISHED VOTING ON PROPOSAL 2b, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Proposal 2d: To vote FOR, press 1; AGAINST, press 9; ABSTAIN, press 0."
- --------------------------------------------------------------------------------
WHEN THE SHAREHOLDER HAS FINISHED VOTING ON PROPOSAL 2d, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Proposal 2e: To vote FOR, press 1; AGAINST, press 9; ABSTAIN, press 0."
- --------------------------------------------------------------------------------
WHEN THE SHAREHOLDER HAS FINISHED VOTING ON PROPOSAL 2e, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Proposal 2f: To vote FOR, press 1; AGAINST, press 9; ABSTAIN, press 0."
- --------------------------------------------------------------------------------
WHEN THE SHAREHOLDER HAS FINISHED VOTING ON PROPOSAL 2f, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Proposal 2g: To vote FOR, press 1; AGAINST, press 9; ABSTAIN, press 0."
- --------------------------------------------------------------------------------
WHEN THE SHAREHOLDER HAS FINISHED VOTING ON PROPOSAL 2g, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Proposal 2h: To vote FOR, press 1; AGAINST, press 9; ABSTAIN, press 0."
- --------------------------------------------------------------------------------
WHEN THE SHAREHOLDER HAS FINISHED VOTING ON PROPOSAL 2h, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Your votes have been cast as follows (VOTE FOR EACH PROPOSAL IS GIVEN). If this
is correct, press 1 now. If incorrect, press 0."
- --------------------------------------------------------------------------------
IF THE SHAREHOLDER PRESSES 1. HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"If you have received more than one proxy card, you must vote each card
separately. If you would like to vote another proxy, press 1 now. To end this
call, press 0 now."
- --------------------------------------------------------------------------------
IF SHAREHOLDER PRESSES 0 TO INDICATE AN INCORRECT VOTE, HE/SHE IS RETURNED TO
THE "PLEASE ENTER THE CONTROL NUMBER" SPEECH (ABOVE). IF SHAREHOLDER ELECTS TO
END THE CALL, HE/SHE WILL HEAR:
- --------------------------------------------------------------------------------
"Thank you for voting."
- --------------------------------------------------------------------------------
CALL IS TERMINATED.