Asset manager Hartford Funds announced today the launch of Hartford Schroders ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. US Equity ETF (HEET), the firm’s first ESG-focused exchange-traded fund. The ETF aims to achieve a better ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. profile compared to its benchmark, the Russell 1000 Index, while targeting long-term capital appreciation by investing in a portfolio of equities that are expected to meet ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. criteria.
The new ETF will be sub-advised by Schroder Investment Management North America. Schroders will identify the ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. criteria for the investments, and provide assessments based on factors including value, profitability, momentum, and volatility.
ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. measures assessed include the strength of environmentalEnvironmental criteria consider how a company performs as a steward of nature. practices, climate change impact, and positive stakeholder relationships. Hartford Funds stated that HEET is designed to have less than half the carbon footprint of its benchmark.
Ashley Lester, PhD, Head of Systematic Investments at Schroders, will serve as the fund’s portfolio manager.
Vernon Meyer, Chief Investment Officer at Hartford Funds, said:
“The Hartford Schroders ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. US Equity ETF enables us to offer a flexible, cost-effective strategy that is designed to help investors achieve their long-term investment goals, while also having a positive influence on our world. We believe that applying ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. principles to an ETF, and leveraging Schroders’ quantitative investing expertise and proprietary approach to ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. investing, can provide stronger returns and make for a better investor experience on multiple levels.”
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