Objective
- Designed to provide value-oriented US equity exposure.
- Seeks to enhance return potential while reducing volatility by up to fifteen-percent (relative to initial capitalization-weighted universe) over a complete market cycle.
Description of Methodology
The rules-based proprietary methodology employs a multi-layered risk-controlled approach that seeks to achieve its de-concentration, risk-reduction, and return objectives by selecting companies with favorable diversified risk premia expression, including valuation, momentum, and quality characteristics. The Index seeks to harvest risk premia factors through systematic risk- and factor-weighting twice annually, with a reconstitution occurring in March and September.
CharacteristicsAllocations, exposures and holdings are subject to change. Percentages may be rounded.
Top Ten Holdings (%)
| Pfizer Inc | 3.17 |
| Verizon Communications Inc | 2.53 |
| Berkshire Hathaway Inc | 2.50 |
| Medtronic PLC | 2.42 |
| AT&T Inc | 2.38 |
| Chevron Corp | 2.04 |
| Procter & Gamble Co (The) | 2.04 |
| International Business Machines Corp | 1.96 |
| McDonald's Corp | 1.90 |
| Exxon Mobil Corp | 1.81 |
| Total of Top Ten Holdings | 22.75 |
| Sectors | 12/31/2019 | 2/29/2020 |
|---|---|---|
| Financials | 26 | 26 |
| Health Care | 12 | 13 |
| Communication Services | 9 | 9 |
| Industrials | 9 | 9 |
| Consumer Staples | 8 | 8 |
| Information Technology | 7 | 8 |
| Consumer Discretionary | 7 | 7 |
| Utilities | 7 | 7 |
| Energy | 6 | 5 |
| Materials | 4 | 4 |
| Real Estate | 4 | 4 |
|
Average Annual Total Returns % (as of
2/29/2020)
|
|||||
| 1YR | 3YR | 5YR | SI1 | ||
|---|---|---|---|---|---|
| Multifactor Large Cap Value Index | 2.18 | --- | --- | 5.99 | |
|
Average Annual Total Returns % (as of
12/31/2019)
|
|||||
| 1YR | 3YR | 5YR | SI1 | ||
|---|---|---|---|---|---|
| Multifactor Large Cap Value Index | 25.22 | --- | --- | 14.05 | |
Past performance is not indicative of future results.
Performance reflects cumulative total returns for periods of less than one year and average annual total returns for periods of one year or greater.
Indices are unmanaged and not available for direct investment.
| Ticker | HMLCVX Index |
| Inception | April 30, 2018 |
| Current Index Value | 882.90 |
| Last Closing Level | 901.27 |
| Change | -18.37 |
| Change % | -2.08% |
| 52-Week-High | 1270.64 |
| 52-Week-Low | 786.46 |
| Number Of Holdings | 187 |
Important Notes
Hartford Multifactor Large Cap Value Index is the exclusive property of Lattice Strategies LLC (a wholly owned subsidiary of Hartford Funds Management Company, LLC) which has contracted with Solactive AG to maintain and calculate the Index. Solactive AG uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards Lattice Strategies, Solactive AG has no obligation to point out errors in the Index to third parties.
Index returns do not represent actual fund or portfolio returns. A fund or portfolio may differ significantly from the index. The index does not reflect any management fees, transaction fees, brokerage expenses, or other expenses that may reduce returns. Index returns assume that dividends have been reinvested. Investors cannot invest directly in the Index.
A WORD ABOUT RISK
Investing involves risk, including the possible loss of principal.
Sources for all data: Bloomberg and Hartford Funds.
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