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Hartford Multifactor Diversified International Index   

TICKER
LRODEX Index
Actions
Hartford Multifactor Diversified International Index   
Ticker - LRODEX Index

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.

download metholodogy document  Hartford Multifactor Index Methodologies

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 4/30/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 4/30/2024)
YTD 1YR 3YR 5YR 10YR SI 1
Hartford Multifactor Diversified International Index 2.79 12.36 3.93 --- --- 4.65
 
CUMULATIVE %
(as of 3/31/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 3/31/2024)
YTD 1YR 3YR 5YR 10YR SI1
Hartford Multifactor Diversified International Index 3.51 15.61 5.23 --- --- 4.89

SI = Since Inception. Index Inception: 06/28/2019

Past performance does not guarantee 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.

Characteristics

KEY FACTS (as of 5/24/2024)
Ticker LRODEX Index
Inception Date 06/28/2019
Current Index Value 1292.63
Last Closing Level 1295.65
Change
Change %
52-Week-High 1302.43
52-Week-Low 1065.86
Number Of Holdings 315
Holdings Characteristics
% in Foreign Equities
100
% in Equities
100
Price/Earnings
9.3x
Price/Book
1.2x
EPS Growth Rate
6.8%
Asset Weighted Market Cap (billions)
$48.2
Price/Earnings
8.8x
Return on Equity
17.7%
Median Market Cap (billions)
$16.0
Nominal Companies
315
Effective Companies
199
Nominal Countries
35
Effective Countries
15
Debt to Equity
101.8%
Index Dividend Yield (%)
5.07
Sector Exposure (%)
Financials 23
Information Technology 13
Industrials 12
Health Care 11
Consumer Discretionary 9
Consumer Staples 8
Communication Services 6
Materials 5
Utilities 5
Energy 4
Real Estate 3
Financials 23
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.
Top Ten Holdings (%)
Stellantis NV 1.04
Chicony Electronics Co Ltd 1.03
Jb Hi-Fi Ltd 1.03
Simplo Technology Co Ltd 1.01
Sanofi 1.00
GSK plc 0.98
ANZ Group Holdings Limited 0.94
Samsung Electronics Co Ltd 0.92
Spark New Zealand Ltd 0.88
Koninklijke Ahold Delhaize NV 0.83
Total Portfolio % 9.66
Chicony Electronics Co Ltd 1.56
Kia Corporation 1.19
Stellantis NV 1.14
Jb Hi-Fi Ltd 1.13
Lenovo Group Ltd 1.04
Spark New Zealand Ltd 1.01
Kuehne & Nagel International Ag, Schindellegi 0.96
BHP Group Ltd 0.94
Samsung Electronics Co Ltd 0.94
Roche Holding AG 0.88
Total Portfolio % 10.79
Market Cap Distribution (%)

Market Cap Header3

Less than $2B 2
$2B - $10B 34
$10B - $100B 51
Greater than $100B 14
Top Ten Countries
Represents 68% of total country allocation

Investing involves risk, including the possible loss of principal.
Sources for all data: Bloomberg and Hartford Funds.

 

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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, or ETF summary prospectus and/or prospectus, which can be obtained from a financial professional and should be read carefully before investing.

Mutual funds are distributed by Hartford Funds Distributors, LLC (HFD), Member FINRA|SIPC. ETFs 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 (SIMNA). Schroder Investment Management North America Ltd. (SIMNA Ltd) serves as a secondary sub-adviser to certain funds. HFMC, Lattice, Wellington Management, SIMNA, and SIMNA Ltd. are all SEC registered investment advisers. Hartford Funds refers to HFD, Lattice, and HFMC, 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.

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