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Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index    Ticker - LRODMX Index


TICKER
LRODMX Index
Actions

Overview

  • De-concentrate country, currency, and individual company risks in developed market economies (ex US)
  • Seek reduced volatility and drawdown risk and improve returns (relative to capitalization weighted developed international equity indexes (ex U.S.) over a complete market cycle.

Description of Methodology

The rules-based proprietary methodology employs a multi-layered risk-optimized approach that seeks to achieve its diversification, risk-reduction, and return objectives by selecting companies with favorable diversified risk premia expression, including valuation, momentum, quality, and volatility characteristics. The methodology seeks to further address active risks versus the capitalization-weighted universe by managing size, and liquidity risks. The Index seeks to harvest risk premia factors through systematic risk- and factor-weighting twice annually, with a reconstitution occurring in March and September.

download metholodogy document  Hartford Multifactor Index Methodologies

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 12/31/2022)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 12/31/2022)
YTD 1YR 3YR 5YR 10YR SI 1
Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index -14.18 -14.18 -1.65 0.12 --- 3.44
 
CUMULATIVE %
(as of 12/31/2022)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 12/31/2022)
YTD 1YR 3YR 5YR 10YR SI1
Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index -14.18 -14.18 -1.65 0.12 --- 3.44

SI = Since Inception. Index Inception: 12/31/2013

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 1/27/2023)
Ticker LRODMX Index
Inception Date 12/31/2013
Current Index Value 1445.70
Last Closing Level 1441.25
Change 4.45
Change % 0.31%
52-Week-High 1577.86
52-Week-Low 1166.52
Number Of Holdings 470
Holdings Characteristics
Price/Book
1.3x
Price/Earnings
8.5x
Return on Equity
19.5%
Nominal Companies
470
Effective Companies
295
Nominal Countries
24
Effective Countries
11
Debt to Equity
97.7%
Index Dividend Yield (%)
4.61
Sector Exposure (%)
Financials 18
Industrials 15
Health Care 14
Consumer Staples 11
Consumer Discretionary 8
Materials 6
Information Technology 6
Utilities 6
Communication Services 6
Real Estate 5
Energy 4
Financials 17
Industrials 15
Health Care 14
Consumer Staples 12
Consumer Discretionary 9
Information Technology 6
Materials 6
Communication Services 6
Utilities 6
Real Estate 5
Energy 4
Important Notes

Hartford Risk-Optimized Multifactor Developed Markets (ex-US) 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 (%)
Novo Nordisk A/S 0.92
Sanofi 0.84
BAE Systems PLC 0.83
Novartis AG 0.80
MERCK Kommanditgesellschaft auf Aktien 0.78
GSK plc 0.78
Swisscom AG, Ittigen 0.75
Koninklijke Ahold Delhaize NV 0.74
Fortescue Metals Group Ltd 0.74
Bouygues, Guyancourt 0.71
Total Portfolio % 7.89
Roche Holding AG 0.82
BAE Systems PLC 0.80
Novo Nordisk A/S 0.78
Novartis AG 0.77
Sanofi 0.76
Koninklijke Ahold Delhaize NV 0.75
MERCK Kommanditgesellschaft auf Aktien 0.75
GSK plc 0.74
Swisscom AG, Ittigen 0.73
Loblaw Cos Ltd 0.72
Total Portfolio % 7.62
Market Cap Distribution (%)

Market Cap Header3

Less than $2B 0
$2B - $10B 43
$10B - $100B 49
Greater than $100B 8
TOP 10 COUNTRIES (%)
Represents 82% of total country allocation

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

 

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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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