Objective
- De-concentrate country, currency, and individual company risks in developed market economies (ex US) and emerging markets
- Seek reduced volatility and drawdown risk and improve returns (relative to capitalization weighted international equity indexes over a complete market cycle).
Description of Methodology
The rules-based proprietary methodology utilizes an optimization process to help achieve the desired composition and targeted characteristics, including reduced volatility, relative sector, country and size constraints and positive value, momentum, and quality relative factor scores at the portfolio level.
CharacteristicsAllocations, exposures and holdings are subject to change. Percentages may be rounded.
Country Allocation(%)
(as of 4/30/2020)
| JAPAN | 17 | |
| CHINA | 8 | |
| AUSTRALIA | 7 | |
| CANADA | 6 | |
| SOUTH KOREA | 6 | |
| UNITED KINGDOM | 6 | |
| TAIWAN | 5 | |
| FRANCE | 4 | |
| HONG KONG | 3 | |
| GERMANY | 3 | |
| Total of Top 10 Countries(%) | 65 | |
| Other (26 countries) | ||
| Fund | |
|---|---|
| Price/Book | 1.1x |
| Return on Equity | 14.9% |
| Nominal Companies | 329 |
| Effective Companies | 194 |
| Nominal Countries | 36 |
| Effective Countries | 16 |
| Debt to Equity | 77.4% |
| Index Dividend Yield (%) | 4.71 |
Top Ten Holdings (%)
| Astellas Pharma Inc | 1.19 |
| Roche Holding AG | 1.16 |
| Kddi Corp | 1.15 |
| Novo Nordisk A/S | 1.14 |
| Merck Kgaa | 1.03 |
| Weichai Power Co Ltd | 0.99 |
| Koninklijke Ahold Delhaize NV | 0.95 |
| Enel Americas SA | 0.95 |
| China Telecom Corp Ltd | 0.92 |
| Bluescope Steel Ltd | 0.89 |
| Total of Top Ten Holdings | 10.37 |
| Index | |
|---|---|
| Less than $2B | 13 |
| $2B - $10B | 36 |
| $10B - $100B | 44 |
| Greater than $100B | 7 |
| Sectors | 3/31/2020 | 4/30/2020 |
|---|---|---|
| Financials | 22 | 21 |
| Health Care | 12 | 13 |
| Consumer Discretionary | 10 | 10 |
| Industrials | 10 | 10 |
| Information Technology | 9 | 10 |
| Communication Services | 9 | 9 |
| Consumer Staples | 8 | 8 |
| Real Estate | 5 | 6 |
| Energy | 5 | 5 |
| Materials | 5 | 5 |
| Utilities | 5 | 5 |
|
Average Annual Total Returns % (as of
4/30/2020)
|
|||||
| 1YR | 3YR | 5YR | SI1 | ||
|---|---|---|---|---|---|
| Hartford Multifactor Diversified International Index | --- | --- | --- | -17.41 | |
|
Average Annual Total Returns % (as of
3/31/2020)
|
|||||
| 1YR | 3YR | 5YR | SI1 | ||
|---|---|---|---|---|---|
| Hartford Multifactor Diversified International Index | --- | --- | --- | -23.71 | |
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 | LRODEX Index |
| Inception | June 28, 2019 |
| Current Index Value | 839.36 |
| Last Closing Level | 842.93 |
| Change | -3.57 |
| Change % | -0.43% |
| 52-Week-High | 1045.98 |
| 52-Week-Low | 655.72 |
| Number Of Holdings | 329 |
Important Notes
Hartford Multifactor Diversified International 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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