Fund
HSHIX
Price as of:
$10.26
- $0.35
- 3.30%
Primary Theme
fund company
Name
As of 11/22/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
3.1%
1 yr return
1.1%
3 Yr Avg Return
-14.2%
5 Yr Avg Return
N/A
Net Assets
$24.1 M
Holdings in Top 10
30.9%
52 WEEK LOW AND HIGH
$10.6
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.49%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 73.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/22/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
HSHIX - Profile
Distributions
- YTD Total Return 3.1%
- 3 Yr Annualized Total Return -14.2%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.19%
- Dividend Yield 0.3%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameHartford Schroders China A Fund
-
Fund Family NameHARTFORD FUNDS
-
Inception DateApr 06, 2020
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJack Lee
Fund Description
Under normal circumstances, the Fund invests at least 80% of its assets in China A shares and other instruments that have similar economic characteristics to such securities. China A shares are equity securities of companies located in mainland China that trade on the Shanghai Stock Exchange and the Shenzhen Stock Exchange. The Fund will invest in China A shares through the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs (collectively, “Stock Connect”). The Fund may also invest in China A shares through the Qualified Foreign Institutional Investor Program (the “QFI Program”) once the appropriate license is obtained or through other means of access which may become available in the future.The Fund’s sub-advisers, Schroder Investment Management North America Inc. (“SIMNA”) and Schroder Investment Management North America Limited (“SIMNA Ltd.,” together with SIMNA, the “Sub-Advisers”), use a fundamental, research driven, bottom-up stock selection approach to seek to identify companies that they believe offer the potential for capital growth. As part of their investment process, the Sub-Advisers apply quantitative and qualitative screens, as well as engage with management of certain issuers, to determine the investable universe of companies. Within this universe, the Sub-Advisers generally consider the following when determining whether to purchase a security of a company: the likelihood of the company to grow shareholder value in the long term; the return on invested capital of the company; the relative valuation of the company; the quality of the company, including the sustainability of its business model; and whether the company has any proprietary competitive advantages. The Sub-Advisers generally sell securities when: they believe the issuer no longer presents an attractive value proposition; they identify more favorable investment opportunities; or they believe that the original investment thesis is irrelevant due to a material change in the company or the industry in which it operates. In addition, the Sub-Advisers integrate financially material environmental, social and governance (“ESG”) characteristics (where available for an issuer) into their investment process. ESG characteristics are one of several factors that contribute to the Sub-Advisers’ overall evaluation of the risk and return potential of an investment.The Fund may invest in securities of any market capitalization. The Fund may also invest in common and preferred stock, and depositary receipts, including Chinese Depositary Receipts (“CDRs”). The Fund may use derivatives, such as futures contracts, forward currency contracts, and option contracts, in order to gain exposure to particular securities or markets, in connection with hedging transactions, equitizing cash, or otherwise to seek to increase total return.The Fund may trade securities actively. Based on market or economic conditions, the Fund may, through its normal bottom-up stock selection process, focus in one or more sectors of the market. The Fund is a non-diversified mutual fund, which means that it may invest its assets in a smaller number of issuers than a diversified fund.
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HSHIX - Performance
Return Ranking - Trailing
| Period | HSHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.1% | -15.7% | 23.9% | 70.00% |
| 1 Yr | 1.1% | -20.4% | 26.9% | 64.44% |
| 3 Yr | -14.2%* | -22.9% | 4.9% | 51.19% |
| 5 Yr | N/A* | -13.6% | 14.5% | N/A |
| 10 Yr | N/A* | -4.5% | 9.5% | N/A |
* Annualized
Return Ranking - Calendar
| Period | HSHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -14.9% | -26.6% | 26.3% | 39.58% |
| 2022 | -29.3% | -41.6% | -9.4% | 64.44% |
| 2021 | 5.9% | -52.5% | 26.5% | 8.05% |
| 2020 | N/A | 1.3% | 138.5% | N/A |
| 2019 | N/A | -1.9% | 42.6% | N/A |
Total Return Ranking - Trailing
| Period | HSHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.1% | -15.7% | 23.9% | 70.00% |
| 1 Yr | 1.1% | -20.4% | 26.9% | 64.44% |
| 3 Yr | -14.2%* | -22.9% | 4.9% | 51.19% |
| 5 Yr | N/A* | -13.6% | 14.5% | N/A |
| 10 Yr | N/A* | -4.5% | 9.5% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | HSHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -14.6% | -25.7% | 30.1% | 43.75% |
| 2022 | -28.9% | -40.4% | -6.8% | 75.56% |
| 2021 | 6.8% | -48.9% | 29.5% | 9.20% |
| 2020 | N/A | 2.0% | 138.5% | N/A |
| 2019 | N/A | 7.8% | 44.4% | N/A |
NAV & Total Return History
HSHIX - Holdings
Concentration Analysis
| HSHIX | Category Low | Category High | HSHIX % Rank | |
|---|---|---|---|---|
| Net Assets | 24.1 M | 1.06 M | 5.63 B | 67.71% |
| Number of Holdings | 64 | 27 | 1176 | 40.63% |
| Net Assets in Top 10 | 4.68 M | 603 K | 3.28 B | 76.04% |
| Weighting of Top 10 | 30.93% | 5.6% | 85.4% | 89.58% |
Top 10 Holdings
- Ping An Insurance Group Co of China Ltd 5.55%
- Contemporary Amperex Technology Co Ltd 4.35%
- China Merchants Bank Co Ltd 2.98%
- Satellite Chemical Co Ltd 2.98%
- Micro-Tech Nanjing Co Ltd 2.72%
- Changzhou Xingyu Automotive Lighting Systems Co Ltd 2.59%
- Bank of Ningbo Co Ltd 2.54%
- Hubei Dinglong Co Ltd 2.50%
- Chaozhou Three-Circle Group Co Ltd 2.45%
- Mango Excellent Media Co Ltd 2.29%
Asset Allocation
| Weighting | Return Low | Return High | HSHIX % Rank | |
|---|---|---|---|---|
| Stocks | 91.66% | 51.72% | 113.15% | 89.58% |
| Cash | 5.44% | 0.00% | 33.85% | 15.63% |
| Other | 2.91% | -0.02% | 47.32% | 4.17% |
| Preferred Stocks | 0.00% | 0.00% | 2.47% | 10.42% |
| Convertible Bonds | 0.00% | 0.00% | 0.15% | 10.87% |
| Bonds | 0.00% | 0.00% | 0.00% | 5.21% |
HSHIX - Expenses
Operational Fees
| HSHIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.49% | 0.09% | 14.63% | 50.00% |
| Management Fee | 0.90% | 0.09% | 1.50% | 63.54% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.06% | 0.25% | N/A |
Sales Fees
| HSHIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| HSHIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| HSHIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 73.00% | 4.00% | 241.00% | 72.15% |
HSHIX - Distributions
Dividend Yield Analysis
| HSHIX | Category Low | Category High | HSHIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.34% | 0.00% | 8.89% | 84.38% |
Dividend Distribution Analysis
| HSHIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
| HSHIX | Category Low | Category High | HSHIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.19% | -1.76% | 3.66% | 58.70% |
Capital Gain Distribution Analysis
| HSHIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 27, 2023 | $0.035 | OrdinaryDividend |
| Dec 28, 2022 | $0.068 | OrdinaryDividend |
| Dec 10, 2021 | $0.145 | OrdinaryDividend |
| Dec 29, 2020 | $0.051 | OrdinaryDividend |
| Dec 10, 2020 | $1.461 | OrdinaryDividend |
HSHIX - Fund Manager Analysis
Managers
Jack Lee
Start Date
Tenure
Tenure Rank
Mar 31, 2020
2.17
2.2%
Jack Lee is the Head of China A-Share Research at Schroders, which involves being an equity analyst within the Asia ex Japan team responsible for coverage of China A share investments. He is also an investment advisor to Schroder China Equity Alpha fund. He joined Schroders in 2012 and is based in Hong Kong. Jack was the Head of Global Investment at Huatai-Pinebridge Fund Management from 2009 to 2012, which involved responsibility for QFII & QDII investments. He was a Portfolio Manager at Abu Dhabi Investment Authority from 2007 to 2009, which involved management of Hong Kong, China and China A-share QFII portfolios. He was an Investment Manager at AIG-Huatai Fund Management from 2004 to 2007, which involved management of China A-share mutual fund & overseeing the investment / research operations. He was a Central Dealer and Senior Investment Analyst at AIG Global Investment Corp (Asia) from 1999 to 2004, which involved dealing of equities for Asian portfolios. Research coverage of HK mid small caps and China equities. Qualifications: CFA Charterholder; BA in Business Administration (Accounting) from Chinese University of Hong Kong.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 24.1 | 3.67 | 3.22 |