Torsten Asmus
Global asset manager Hartford Funds is expanding its systematic ETF product suite with the launch of the Hartford Multifactor International Small Company ETF (ROIS), it said on Tuesday.
The new fund is designed to gain exposure to the small cap international equity market while seeking to reduce volatility through the application of key systematic factors.
The launch of ROIS follows the introduction of two other systematic ETFs in December: Hartford US Value ETF (VMAX) and Hartford US Quality Growth ETF (HQGO). the firm’s first systematic ETF was debuted in 2015.
“Hartford Funds’ systematic strategies utilize a proprietary multifactor investment approach developed by the firm involving a focused set of factors including Size, Value, Quality and Momentum, and are intended to enhance diversification for investors,” it said.
ROIS, is listed on Cboe BZX Exchange and has total operating expenses of 0.49%.
