Hartford Schroders Commodity Strategy ETF, Hartford Longevity Economy ETF, Hartford Multifactor Diversified International ETF and Hartford Multifactor International Small Company ETF are expected to liquidate on or about June 30, 2025
WAYNE, Pa.–(BUSINESS WIRE)–Hartford Funds, a leading asset manager, has announced that it will close and liquidate four exchange-traded funds.
Hartford Funds’ commitment to responding to investors’ needs includes a regular review of its product lineup, which has led to a decision to liquidate the following funds: Hartford Schroders Commodity Strategy ETF (HCOM), a series of Hartford Funds Exchange-Traded Trust, and Hartford Longevity Economy ETF (HLGE), Hartford Multifactor Diversified International ETF (RODE) and Hartford Multifactor International Small Company ETF (ROIS), each a series of Lattice Strategies Trust (each a “Fund” and, collectively, the “Funds”).
June 23, 2025 is expected to be the last full day of trading on NYSE Arca, Inc. (“NYSE Arca”) for Hartford Schroders Commodity Strategy ETF and Hartford Longevity Economy ETF, and on Cboe BZX Exchange, Inc. (“Cboe BZX”) for Hartford Multifactor Diversified International ETF and Hartford Multifactor International Small Company ETF. Effective as of the close of business on June 23, 2025, the Funds will no longer accept orders for the purchase of Creation Units. Beginning when the Funds commence the liquidation of their portfolios, the Funds may not pursue their respective investment objectives or, with certain exceptions, engage in normal business activities, and each Fund may hold cash and securities that may not be consistent with that Fund’s investment objective and strategy, which may adversely affect Fund performance. As a result, the tracking error for HLGE, RODE and ROIS relative to its custom benchmark index may increase.
The liquidation date for the Funds will be on or about June 30, 2025 (“Liquidation Date”). NYSE Arca and Cboe BZX, as applicable, are expected to halt trading in shares of each Fund after the market close on June 23, 2025. There is not expected to be any market for the purchase or sale of Fund shares during the time between the market close on June 23, 2025 and the Liquidation Date, because Fund shares will not be traded on NYSE Arca or Cboe BZX, as applicable. Shareholders of each Fund may sell their shares of the Fund on NYSE Arca or Cboe BZX, as applicable, until the market close on June 23, 2025, and may incur customary transaction fees from their broker-dealer in connection with such sales. Prior to the Liquidation Date, authorized participants may continue to submit orders to the Funds for the redemption of Creation Units.
In connection with the liquidations, any shares of a Fund outstanding on the Liquidation Date will be automatically redeemed as of the close of business on the Liquidation Date without the imposition of customary redemption transaction fees. The proceeds of any such redemption will be equal to the net asset value of such shares after a Fund has paid or provided for all of its charges, taxes, expenses and liabilities, including certain operational costs of liquidating the Fund. The distribution to shareholders of these liquidation proceeds will occur as soon as practicable, and will be made to all Fund shareholders at the time of the liquidation.
Although the liquidations are not expected to be taxable events for the Funds, for taxable shareholders, the automatic redemption of shares of the Funds on the Liquidation Date will generally be treated as a sale that may result in a gain or loss for federal income tax purposes. Please consult your personal tax advisor about the potential tax consequences.
For additional information about the liquidations, shareholders of the Funds may call 800-456-7526.
About Hartford Funds
Hartford Funds offers mutual funds, ETFs and 529 college savings plans built for diverse client needs. Through the firm’s systematic capabilities and deep, strategic relationships with our active management sub-advisers, Wellington Management and Schroders – two of the largest and longest-standing institutional investors in the world – Hartford Funds is committed to designing an investment platform clients can trust. The firm’s comprehensive product suite comprises actively managed strategies, including fixed income, equity and multi-strategy options, as well as a line-up of systematic ETFs that leverage a proprietary risk-optimized indexing approach. Beyond investments, Hartford Funds has partnerships with institutions like the MIT AgeLab and other leading experts to help investors navigate longevity and enhance quality of life, while supporting financial professionals as they deepen relationships with clients.
Excluding affiliated funds of funds, as of March 31, 2025, Hartford Funds’ investment advisory business had approximately $138.1 billion in discretionary and non-discretionary assets under management. For more information about our investment family, visit www.hartfordfunds.com.
About Schroders
Schroders is a global investment manager which provides active asset management, wealth management and investment solutions, with $975.3 billion of assets under management of December 31, 2024. As a UK listed FTSE100 company, Schroders has a market capitalization of circa over $7 billion and over 6,000 employees across 38 locations. Established in 1804, Schroders remains true to its roots as a family-founded business. The Schroder family continues to be a significant shareholder, holding approximately 44% of the issued share capital.
Schroders’ success can be attributed to its diversified business model, spanning different asset classes, client types and geographies. The company offers innovative products and solutions through four core business divisions: Public Markets, Solutions, Wealth Management, and Schroders Capital, which focuses on private markets, including private equity, renewable infrastructure investing, private debt & credit alternatives, and real estate.
Schroders aims to provide excellent investment performance to clients through active management. This means directing capital towards resilient businesses with sustainable business models, consistently with the investment goals of its clients. Schroders serves a diverse client base that includes pension schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth individuals, family offices, as well as end clients through partnerships with distributors, financial advisers, and online platforms.
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Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in The Hartford’s Quarterly Reports on Form 10-Q, our 2024 Annual Report on Form 10-K and the other filings The Hartford makes with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued.
From time to time, The Hartford may use its website to disseminate material company information. Financial and other important information regarding The Hartford is routinely accessible through and posted on our website at http://ir.thehartford.com. In addition, you may automatically receive email alerts and other information about The Hartford when you enroll your email address by visiting the «Email Alerts» section at http://ir.thehartford.com
The MIT AgeLab is not an affiliate or subsidiary of Hartford Funds.
Investing involves risk, including the possible loss of principal. Investors should carefully consider a fund’s investment objectives, risks, charges and expenses. This and other important information is contained in the fund’s prospectus and summary prospectus, which can be obtained by visiting hartfordfunds.com. Please read it carefully before investing.
Mutual funds are distributed by Hartford Funds Distributors, LLC (HFD), Member FINRA. ETFs are distributed by ALPS Distributors, Inc. (ALPS). Advisory services may be provided by Hartford Funds Management Company, LLC (HFMC) or its wholly owned subsidiary, Lattice Strategies LLC (Lattice). Certain funds are sub-advised by Wellington Management Company LLP and/or Schroder Investment Management North America Inc (SIMNA). Schroder Investment Management North America Ltd. (SIMNA Ltd) serves as a secondary sub-adviser to certain funds. HFMC, Lattice, Wellington Management, SIMNA, and SIMNA Ltd. are all SEC registered investment advisers. Hartford Funds refers to HFD, HFMC, and Lattice, which are not affiliated with any sub-adviser or ALPS.
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