A Reboot for International Equities
1 Source: “Diminishing Returns: Why Investors May Need to Lower Their Expectations”, McKinsey & Co., 5/16. The performance shown above is index performance and is not representative of any Hartford fund’s performance. Indices are unmanaged and not available for direct investment. For illustrative purposes only.
2 Source: Morningstar; Calculations: Hartford Funds, 7/18
3 Projections are subject to change due to changing market and economic conditions.
4 Source: Morningstar, 1/18. Performance data quoted represents past performance and does not guarantee future results. The performance shown above is index performance and is not representative of any Hartford fund’s performance. Indices are unmanaged and not available for direct investment.
5 Gross Domestic Product (GDP) is the monetary value of all the ﬁnished goods and services produced within a country’s borders in a speciﬁc time period.
6 Price/Earnings (P/E) is the ratio of a stock’s price to its earnings per share.
7 Dividend growth is the annualized percentage rate of growth that a particular stock’s dividend undergoes over a period of time.
8 Dividend yield is a financial ratio that indicates how much a company pays out in dividends each year relative to its share price.
9 Forward Price/Earnings (P/E) is a measure of the price-to-earnings (P/E) ratio using forecasted earnings for the P/E calculation.
S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.
Russell Mid Cap Index measures the performance of the mid-cap segment of the U.S. equity universe. The Russell Midcap is a subset of the Russell 1000® Index. It includes approximately 800 of the smallest securities based on a combination of their market cap and current index membership. The Russell Midcap represents approximately 31% of the total market capitalization of the Russell 1000 companies.
Russell 2000 Index measures the performance of the small-cap segment of the U.S. equity universe. The Russell 2000 is a subset of the Russell 3000® Index representing approximately 10% of the total market capitalization of that index. It includes approximately 2,000 of the smallest securities based on a combination of their market cap and current index membership.
MSCI Europe Index captures large- and mid-cap representation across 15 developed markets countries in Europe.
MSCI Japan Index is a free-float adjusted market-capitalization index designed to measure large- and mid-cap Japanese equity market performance.
MSCI Pacific ex Japan Index captures large- and mid-cap representation across 4 of 5 developed markets countries in the Pacific region (excluding Japan).
MSCI Emerging Markets Index captures large- and mid-cap representation across 24 emerging market countries.
MSCI All Country World ex USA Index captures large- and mid-cap representation across 22 of 23 developed markets (excluding the US) and 24 emerging markets countries.
MSCI World Index captures large- and mid-cap representation across 23 developed markets countries.
MSCI World ex USA Index captures large and mid cap representation across 22 of 23 developed market countries—excluding the United States.MSCI All Country World Index captures large- and mid-cap representation across 23 developed markets and 24 emerging markets countries.
Important Risks: Investing involves risk, including the possible loss of principal. Foreign investments may be more volatile and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse political and economic developments. These risks may be greater for investments in emerging markets. • For dividend-paying stocks, dividends are not guaranteed and may decrease without notice. • Fixed income security risks include credit, liquidity, call, duration, and interest-rate risk. • Investments in high-yield (“junk”) bonds involve greater risk of price volatility, illiquidity, and default than higher-rated debt securities. • Loans can be difficult to value and highly illiquid; they are also subject to nonpayment, collateral, bankruptcy, default, extension, prepayment and insolvency risks. • Mortgage related- and asset-backed securities’ risks include credit, interest-rate, prepayment, and extension risk. • Municipal securities may be adversely impacted by state/local, political, economic, or market conditions. Investors may be subject to the federal Alternative Minimum Tax as well as state and local income taxes. Capital gains, if any, are taxable. • The value of inflation-protected securities (IPS) generally fluctuates with changes in real interest rates, and the market for IPSs may be less developed or liquid, and more volatile, than other securities markets. • Obligations of U.S. Government agencies are supported by varying degrees of credit but are generally not backed by the full faith and credit of the U.S. Government.
This information should not be considered investment advice or a recommendation to buy/sell any security. In addition, it does not take into account the specific investment objectives, tax and financial condition of any specific person. This information has been prepared from sources believed reliable but the accuracy and completeness of the information cannot be guaranteed. This material and/or its contents are current at the time of writing and are subject to change without notice. This material may not be copied, photocopied or duplicated in any form or distributed in whole or in part, for any purpose, without the express written consent of Hartford Funds.