- De-concentrate individual company exposures in large cap US equities
- Seek improved returns and similar risk (relative to traditional capitalization-weighted US large-cap equity indices) over a complete market cycle.
Description of Methodology
The rules-based, proprietary methodology employs a multi-layered risk-controlled approach that seeks to lower concentration among individual stocks and enhance returns by emphasizing 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.
|Return on Equity||14.4%|
|Debt to Equity||152.7%|
|Index Dividend Yield (%)||2.54|
|Index||MSCI USA Index|
|Less than $2B||1||1|
|$2B - $10B||25||25|
|$10B - $100B||57||57|
|Greater than $100B||17||17|
Top Ten Holdings (%)
|United Airlines Holdings Inc||1.08|
|Micron Technology Inc.||1.03|
|Verizon Communications Inc||0.99|
|Prudential Financial Inc||0.87|
|HCA Healthcare Inc||0.85|
|Total of Top Ten Holdings||10.49|
% (as of 5/31/2019)
Average Annual Total Returns % (as of 5/31/2019)
|Hartford Risk-Optimized Multifactor US Equity Index||7.08||-4.08||9.90||7.48||8.01|
% (as of 3/31/2019)
Average Annual Total Returns % (as of 3/31/2019)
|Hartford Risk-Optimized Multifactor US Equity Index||11.49||1.73||11.45||9.03||9.11|
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||December 31, 2013|
|Current Index Value||1652.69|
|Last Closing Level||1666.79|
|Number Of Holdings||336|
Hartford Risk-Optimized Multifactor US 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
Investing involves risk, including the possible loss of principal.
Sources for all data: Bloomberg and Hartford Funds.