- Enhance return potential through multifactor stock selection while applying a comprehensive risk framework to overall index construction.
- Seek reduced volatility and drawdown risk and improve risk-adjusted returns (relative to capitalization weighted U.S. equity indexes) over a complete market cycle.
Description of Methodology
The index methodology seeks to enhance return potential through multifactor stock selection while applying a comprehensive risk framework to overall index construction. The rules-based proprietary methodology utilizes an optimization process to help achieve the desired composition and targeted characteristics, including reduced volatility, relative sector and size constraints, and positive value, momentum, and quality relative factor scores at the portfolio level. The Index seeks to harvest risk premia factors through systematic risk-and factor-weighted twice annually, with reconstitution occurring in March and September.
|Return on Equity||25.9%|
|Debt to Equity||127.3%|
|Index Dividend Yield (%)||2.42|
|Less than $2B||0|
|$2B - $10B||28|
|$10B - $100B||40|
|Greater than $100B||32|
Top Ten Holdings (%)
|Johnson & Johnson||1.23|
|Verizon Communications Inc||1.13|
|Merck & Co Inc.||1.11|
|Unitedhealth Group Inc||1.00|
|Western Union Co||0.94|
|Total of Top Ten Holdings||10.90|
% (as of 2/29/2020)
Average Annual Total Returns % (as of 2/29/2020)
|Hartford Multifactor Large Cap Index||-9.53||---||---||---||-2.18|
% (as of 12/31/2019)
Average Annual Total Returns % (as of 12/31/2019)
|Hartford Multifactor Large Cap Index||---||---||---||---||8.13|
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.
|Inception||June 28, 2019|
|Current Index Value||855.17|
|Last Closing Level||831.06|
|Number Of Holdings||349|
Hartford Multifactor Emerging Markets Equity 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