Hartford Funds announced the launch of two low volatility multifactor exchange-traded funds (ETFs). Hartford Multifactor Low Volatility US Equity ETF (LVUS) and Hartford Multifactor Low Volatility International Equity ETF (LVIN) are designed to deliver market-like equity returns while reducing portfolio volatility to help investors achieve their long-term financial goals.
“These strategies arrive at a time when market volatility is top-of-mind for investors,” said Darek Wojnar, head of ETFs at Hartford Funds, in a statement. “They were designed to reduce volatility for investors pursuing long-term growth potential while introducing positive exposure to other potentially return-enhancing factors such as value, momentum, quality and size.”
The ETFs seek to track indexes, one focused on U.S. equities and the other on developed (ex-U.S.) and emerging markets that are designed to balance risk across sectors and comprise securities primarily exhibiting low volatility characteristics while maintaining positive exposure to other potential return-enhancing factors.
Hartford Multifactor Low Volatility US Equity ETF (LVUS) seeks investment results that, before fees and expenses, correspond to the total return performance of an index that tracks the performance of exchange traded U.S. equity securities.
Hartford Multifactor Low Volatility International Equity ETF (LVIN) seeks investment results that, before fees and expenses, correspond to the total return performance of an index that tracks the performance of companies located in both developed (ex-US) and emerging markets.
The Hartford Multifactor Low Volatility US Equity ETF will carry an expense ratio of 0.29%, while Hartford Multifactor Low Volatility International Equity ETF will carry an expense ratio of 0.39%.
Solactive Introduces Global Infrastructure Low Earnings Volatility Index
Solactive released the Solactive Global Infrastructure Low Earnings Volatility Index, which is used as the underlying index for the Amundi Global Infrastructure UCITS ETF listed for trading on the Euronext Paris stock exchange.
The index tracks the performance of a global portfolio of 100 investable and liquid companies operating in the infrastructure space that exhibit the lowest volatility in reported earnings per share among their peers. Companies included in the index belong to sectors such as telecommunications, transportation, logistics, utilities and energy.
Jefferson National Launches ‘Return of Premium Enhanced Death Benefit’
Jefferson National, which is now operating as Nationwide’s advisory solutions business, launched a new optional guaranteed Return of Premium Enhanced Death Benefit.
The new ROP Enhanced Death Benefit protects against volatile markets to secure a lasting legacy for clients’ heirs and guarantees that assets intended to provide a legacy for an individual, foundation or philanthropy will be protected and passed along. It is available as of May 1st within the Monument Advisor Investment-Only Variable Annuity.
The benefit, which can be elected at the time a Monument Advisor contract is opened, guarantees the value of the premiums deposited into the contract, minus any adjusted partial withdrawals.
First Online Global Social Real Estate Investment Network Launches in U.S. with Local Partners
Accredited investors in the United States will now have access to high-quality real estate opportunities through iintoo.
Starting at $25,000, iintoo will offer ownership shares in high-yield real estate projects, on which it has conducted a rigorous due-diligence and approval process. Projects made available by the global company typically offer double-digit, annual returns and last for two to three years with no ongoing management fee.
Iintoo, which was founded in Tel Aviv, underwrites all investment opportunities by personally verifying a project’s developer, building permits, construction plans and revenue forecasts. iintoo additionally offers complete project oversight throughout the life of an investment, which includes site visits, progress reports and the handling of quarterly returns.
Unlike a crowdfunding platform, iintoo works directly with project developers to create pre-approved business plans that ensure maximum potential returns.
It has secured strategic partnerships with the Dalmore Group, a registered broker dealer and a member of the Securities Investor Protection Corporation (SIPC) and the Financial Industry Regulatory Authority (FINRA), and The Luxor Financial Group headed by Ken Norensberg, a former Member of the FINRA Board of Governors.
Danske Bank Asset Management Adopts Bloomberg’s Liquidity Assessment Tool
Danske Bank Asset Management, one of the largest asset managers in the Nordic region, has adopted Bloomberg’s Liquidity Assessment Tool (LQA) to measure and monitor liquidity risk across asset classes, Bloomberg executives announced today. Danske Bank Asset Management is a Copenhagen-based international asset manager with more than €100bn in assets under management.
The company uses Bloomberg LQA to measure and benchmark the liquidity risk of its fixed income and equity portfolio investments to adhere to current and pending regulatory reporting requirements.
Bloomberg LQA provides a standard methodology for calculating liquidity risk across asset classes. It helps firms adopt a systematic approach to measuring and reporting liquidity risk and gives professionals across the organization access to consistent risk data.
–Read last week’s portfolio product roundup here: Direxion Adds 5 Leveraged ETFs Tied to Changing Policies: Portfolio Products