Hartford Funds Launches International Value ETF Through Mutual Fund Conversion

Hartford Funds has launched the Hartford Alpha Capture International Value ETF (ACIV), an actively managed ETF created through a mutual fund conversion. Sub-advised by Wellington Management, the fund seeks to outperform the MSCI EAFE Value Index by investing at least 65% of its net assets in foreign equities and at least 80% of its assets in value companies. The strategy primarily targets large- and mid-cap stocks, drawing on investment ideas from multiple fundamental equity teams at Wellington Management, each employing distinct value investing approaches. The portfolio manager selects high-conviction stocks based on their risk-return characteristics, supported by quantitative portfolio construction tools. ACIV offers diversified exposure across international markets and sectors, with flexibility to adjust allocations based on market conditions.