• Products

    World Bond Fund Monthly Positioning & Outlook

    View Now >

  • Insights

    Human-Centric Investing Podcast

    Listen to Latest Episode >

  • Practice Management

    Applied Insights Team

    Learn More >

  • Resources

    Tax Center

    View Now >

  • About Us

    Human-Centric Investing

    Learn More >

Global International Equity fund

Hartford Emerging Markets Equity Fund    Share Class - I (HERIX)


Objective

Seeks long-term capital appreciation.

Overview

A quantitatively managed fund that seeks to exploit the inefficiencies in emerging market companies by owning attractively valued stocks.

Portfolio Management
Senior Managing Director
Co-Director of Quantitative Investment Management and Portfolio Manager
6
YRS
MANAGING THIS FUND
26
YRS
AT WELLINGTON MANAGEMENT
32
YRS
EXPERIENCE IN THIS INDUSTRY
Managing Director
Quantitative Analyst
6
YRS
MANAGING THIS FUND
16
YRS
AT WELLINGTON MANAGEMENT
30
YRS
EXPERIENCE IN THIS INDUSTRY

The portfolio managers are supported by the full resources of Wellington.

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 6/30/2021)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 6/30/2021)
YTD 1YR 3YR 5YR 10YR SI
Hartford Emerging Markets Equity I 13.91 43.13 10.00 12.83 4.35 3.99
Benchmark 7.45 40.90 11.27 13.03 4.28 ---
Morningstar Diversified Emerging Mkts Category 8.73 41.79 11.48 12.18 4.39 ---
 
CUMULATIVE %
(as of 6/30/2021)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 6/30/2021)
YTD 1YR 3YR 5YR 10YR SI
Hartford Emerging Markets Equity I 13.91 43.13 10.00 12.83 4.35 3.99
Benchmark 7.45 40.90 11.27 13.03 4.28 ---
Morningstar Diversified Emerging Mkts Category 8.73 41.79 11.48 12.18 4.39 ---

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.

SI = Since Inception. Fund Inception: 05/31/2011

Excludes sales charges. If sales charges and taxes had been included, the value would have been lower.

Characteristics

FUND ESSENTIALS
Inception Date 05/31/2011
Net Assets $519 million
Total Operating Expenses 1.14%
Morningstar Category Diversified Emerging Mkts
Lipper Classification Emerging Markets Funds
CUSIP 41664M383
Fund Number 1017
FUND STATS
# of Holdings
273
% in Equities
97
% in Foreign Equities
97
Beta (3 year)
1.00
R Squared (3 year)
0.98
Standard Deviation
19.07%
Turnover- (6/30/2021)
100%
Active Share
60%
Holdings Characteristics
FUND MSCI Emerging Markets Index
Price/Earnings
9.9x 13.4x
Price/Book
1.6x 2.1x
EPS Growth Rate
20.3% 20.4%
Asset Weighted Market Cap (billions)
$133.2 $165.4
Return on Equity
15.0% 15.4%
Median Market Cap (billions)
$9.8 $8.0
Regional Exposure (%)
Emerging Markets 100
Other 0
Emerging Markets 100
Other 0
Top Ten Holdings (%)
Taiwan Semiconductor Manufacturing Co., Ltd. 5.23
Tencent Holdings Ltd. 4.21
Alibaba Group Holding Ltd. 3.70
Samsung Electronics Co., Ltd. 3.69
Fubon Financial Holding Co., Ltd. 1.67
Bank of China Ltd. 1.58
Kakao Corp. 1.46
Cathay Financial Holding Co., Ltd. 1.45
Sberbank of Russia PJSC 1.45
Petroleo Brasileiro S.A. 1.30
Total Portfolio % 25.74
Tencent Holdings Ltd. 5.03
Taiwan Semiconductor Manufacturing Co., Ltd. 5.00
Alibaba Group Holding Ltd. 4.51
Samsung Electronics Co., Ltd. 4.07
Bank of China Ltd. 1.84
Fubon Financial Holding Co., Ltd. 1.72
Meituan Dianping 1.66
Sberbank of Russia PJSC 1.52
Cathay Financial Holding Co., Ltd. 1.38
KB Financial Group, Inc. 1.27
Total Portfolio % 28.00
Market Cap Distribution (%)

Market Cap Header3

Less than $2 billion 2
$2 billion - $5 billion 11
$5 billion - $10 billion 12
Greater than $10 billion 74
Not Classified 0
RETURN CHARACTERISTICS
Alpha (5 Year)
-0.18
Down Capture (5 Year)
100.58
Information Ratio (5 Year)
-0.06
Sharpe Ratio (5 Year)
0.74
Up Capture (5 Year)
99.69
Sector Exposure (%)

Exposure Chart Header

FUND
BENCHMARK UNDERWEIGHT / OVERWEIGHT

Exposure Chart Header2

3/31/21 6/30/21 6/30/21 -2 0 2
Financials 20 20 18
Consumer Staples 6 7 6
Energy 5 6 5
Consumer Discretionary 18 18 18
Materials 9 8 8
Industrials 5 5 5
Utilities 2 2 2
Real Estate 2 2 2
Information Technology 20 19 20
Communication Services 10 10 11
Health Care 3 3 5
Based on Global Industry Classification Standard (GICS), which was developed by and is the exclusive property and a service mark of MSCI Inc. (MSCI) and Standard & Poor's, a division of The McGraw-Hill Companies, Inc. (S&P). Excludes cash. May not total to 100% due to rounding and/or pooled vehicle allocations.
distributions and capital gains
Distribution Date Distribution NAV ordinary income short term capital gains long term capital gains total distribution
12/30/2020 10.03 $0.1164 $0.0000 $0.0000 $0.1164
12/11/2020 10.11 $0.0000 $0.0000 $0.0000 $0.0000
Past distributions are not indicative of future distributions.

Fund Literature


07/22/2021 - PDF (211 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
06/30/2021 - PDF (169 KB)
Current quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
08/02/2021 - PDF (425 KB)
Current quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
PDF (146 KB)
A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
06/30/2021 - PDF (693 KB)
This Pitchbook reviews the Funds' investment approach, investment team, investment process, and general portfolio parameters.
PDF (3 KB)
An unaudited financial report, which includes a fund's financial statements. These reports are intended for shareholders and others who have reviewed the fund's prospectus.
PDF (13 KB)
A legal document that discloses essential information about a fund, including investment objectives, risks, fees, expenses, fund manager background and other information.
PDF (3 KB)
An audited financial report, which includes a fund's financial statements. These reports are intended for shareholders and others who have reviewed the fund's prospectus.
PDF (13 KB)
A document that supplements the fund's prospectus with additional information about the fund including its operations and risks.
Important Risks: Investing involves risk, including the possible loss of principal. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • Foreign investments may be more volatile and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse political, economic and regulatory developments. These risks may be greater, and include additional risks, for investments in emerging markets or if the Fund focuses in a particular geographic region or country, such as China.• Risks associated with investments in China include currency fluctuation, political, economic, social, environmental, regulatory and other risks, including risks associated with differing legal standards. • Small- and mid-cap securities can have greater risks and volatility than large-cap securities. • To the extent the Fund focuses on one or more sectors, the Fund may be subject to increased volatility and risk of loss if adverse developments occur. • The Fund may have high portfolio turnover, which could increase its transaction costs and an investor's tax liability.
Neither MSCI nor any other party involved in or related to compiling, computing or creating the MSCI data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any of such data. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any third party involved in or related to compiling, computing or creating the data have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI's express written consent.

 

223725

The material on this site is for informational and educational purposes only. The material should not be considered tax or legal advice and is not to be relied on as a forecast. The material is also not a recommendation or advice regarding any particular security, strategy or product. Hartford Funds does not represent that any products or strategies discussed are appropriate for any particular investor so investors should seek their own professional advice before investing. Hartford Funds does not serve as a fiduciary. Content is current as of the publication date or date indicated, and may be superseded by subsequent market and economic conditions.

Investing involves risk, including the possible loss of principal. Investors should carefully consider a fund's investment objectives, risks, charges and expenses. This and other important information is contained in the mutual fund, ETF or closed-end interval fund prospectus or summary prospectus, which can be obtained from a financial professional and should be read carefully before investing.

Mutual funds and the closed-end interval fund are distributed by Hartford Funds Distributors, LLC (HFD), Member FINRA/SIPC. Exchange-traded products are distributed by ALPS Distributors, Inc. (ALPS). Advisory services may be provided by Hartford Funds Management Company, LLC (HFMC) or its wholly owned subsidiary, Lattice Strategies LLC (Lattice). Certain funds are sub-advised by Wellington Management Company LLP and/or Schroder Investment Management North America Inc. Schroder Investment Management North America Ltd. serves as a secondary sub-adviser to certain funds. Hartford Funds refers to Hartford Funds Management Group, Inc. and its subsidiaries, including HFD, HFMC, and Lattice, which are not affiliated with any sub-adviser or ALPS. The funds and other products referred to on this Site may be offered and sold only to persons in the United States and its territories.

© Copyright 2021 Hartford Funds Management Group, Inc. All Rights Reserved. Not FDIC Insured | No Bank Guarantee | May Lose Value