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Global International Equity fund

Hartford Schroders Diversified Emerging Markets Fund   

Global International Equity fund

Hartford Schroders Diversified Emerging Markets Fund   
Share Class - I (HSXIX)

Effective 3/1/24, the Fund’s principal investment strategy was modified. Returns prior to 3/1/24 reflect the performance of the Fund's modified principal strategy.

Objective

Seeks long-term capital appreciation.

Overview

A highly diversified emerging markets fund that combines fundamental and quantitative resources.

Portfolio Management
Portfolio Manager
2
YRS
MANAGING THIS FUND
23
YRS
AT SCHRODERS
23
YRS
EXPERIENCE IN THIS INDUSTRY
Portfolio Manager
2
YRS
MANAGING THIS FUND
20
YRS
AT SCHRODERS
34
YRS
EXPERIENCE IN THIS INDUSTRY
Portfolio Manager
2
YRS
MANAGING THIS FUND
12
YRS
AT SCHRODERS
12
YRS
EXPERIENCE IN THIS INDUSTRY

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

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 6/30/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 6/30/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford Schroders Diversified Emerging Markets I 8.66 9.62 --- --- --- -4.15
Benchmark 7.49 12.55 --- --- --- ---
Morningstar Diversified Emerging Mkts Category 6.87 12.30 --- --- --- ---
 
CUMULATIVE %
(as of 6/30/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 6/30/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford Schroders Diversified Emerging Markets I 8.66 9.62 --- --- --- -4.15
Benchmark 7.49 12.55 --- --- --- ---
Morningstar Diversified Emerging Mkts Category 6.87 12.30 --- --- --- ---

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: 09/30/2021

Share Class Inception: 2/28/22.
Class I-share performance prior to its inception reflects Class SDR-share performance and operating expenses. SI performance is calculated from 9/30/21.

The Fund’s Class I shares have not been in operation for 10 years. Therefore, the Calendar Year Returns (I Shares) chart includes performance and operating expenses of another class. For more information, see the prospectus.

Characteristics

FUND ESSENTIALS
Inception Date 09/30/2021
Net Assets $61 million
Gross Operating Expenses 1.51%
Net Operating Expenses 1.04%
Morningstar Category Diversified Emerging Mkts
Lipper Classification Emerging Markets Funds
CUSIP 416529287
Fund Number 1007
FUND STATS
Turnover
121%
Active Share
52%
Holdings Characteristics
FUND MSCI Emerging Markets Index
As of Date
5/31/2024 ---
Price/Earnings
11.7x 12.2x
Price/Book
1.9x 1.6x
Asset Weighted Market Cap (billions)
$149.4 $132.6
Median Market Cap (billions)
$9.3 $7.2
Return on Equity
17.0% 15.4%
Regional Exposure (%)
Asia 80
EMEA 12
Latin America 8
Top Ten Holdings (%)
Taiwan Semiconductor Manufacturing Co. Ltd. 10.17
Samsung Electronics Co. Ltd. 5.89
Tencent Holdings Ltd. 5.63
ICICI Bank Ltd. 1.85
MediaTek, Inc. 1.83
Alibaba Group Holding Ltd. 1.81
Reliance Industries Ltd. 1.80
SK Hynix, Inc. 1.76
Meituan 1.57
Petroleo Brasileiro SA 1.23
Total Portfolio % 33.54
Market Cap Distribution (%)

Market Cap Header3

Less than $2 billion 2
$2 billion - $5 billion 8
$5 billion - $10 billion 14
Greater than $10 billion 76
Not Classified 0
RETURN CHARACTERISTICS
Alpha (3 Year)
---
Down Capture (3 Year)
---
Information Ratio (3 Year)
---
Sharpe Ratio (3 Year)
---
Up Capture (3 Year)
---
Country Allocation (%)
Represents 89% of total country allocation
Sector Exposure (%)

Exposure Chart Header

FUND
BENCHMARK UNDERWEIGHT / OVERWEIGHT

Exposure Chart Header2

3/31/24 5/31/24 5/31/24 -4 0 4
Information Technology 27 26 23
Communication Services 11 11 9
Financials 24 23 22
Consumer Staples 7 6 5
Health Care 4 4 3
Consumer Discretionary 13 13 13
Energy 4 5 5
Industrials 4 6 7
Real Estate 1 1 2
Utilities 1 1 3
Materials 3 3 7
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
12/27/2023 7.87 $0.1297 $0.0000 $0.0000 $0.1297
12/11/2023 7.77 $0.0000 $0.0000 $0.0000 $0.0000
Past distributions are not indicative of future distributions.
Fund Literature

03/31/2024 - PDF (178 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and the current performance.
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03/31/2024 - PDF (298 KB)
Current quarterly commentary from sub-adviser, Schroders, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
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PDF (165 KB)
A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision
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03/31/2024 - PDF (477 KB)
This Pitchbook reviews the Fund's investment approach, investment team, investment process, portfolio statistics, top holdings, and current performance.
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PDF (2 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.
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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.
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PDF (4 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.
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PDF (2 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.
SAVE
PDF (13 KB)
A document that supplements the fund's prospectus with additional information about the fund including its operations and risks.
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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. • Different investment styles may go in and out of favor, which may cause the Fund to underperform the broader stock market. • Small- and mid-cap securities can have greater risks and volatility than large-cap securities. • Derivatives are generally more volatile and sensitive to changes in market or economic conditions than other securities; their risks include currency, leverage, liquidity, index, pricing, regulatory and counterparty risk. • The Fund may have high portfolio turnover, which could increase its transaction costs and an investor's tax liability. • The Fund's investments may fluctuate in value over a short period of time. • Financially material environmental, social and/or governance (ESG) characteristics are one of several factors that may be considered and as a result, the investment process may not work as intended.
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.
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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, or ETF summary prospectus and/or prospectus, which can be obtained from a financial professional and should be read carefully before investing.

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