Last month, Hartford Funds marked the three-year anniversary on three of its smart beta exchange traded funds. More importantly, the issuer revealed fee reductions on six of its ETFs, a group including a quartet of multi-factor funds and two low volatility ETFs.

The Hartford Multifactor Emerging Markets ETF (NYSEArca: ROAM) is now charging 0.49%, or $49 on a $10,000 investment, down from 0.59%. The Hartford Multifactor Developed Markets (ex-US) ETF (NYSEArca: RODM) saw its expense ratio trimmed to 0.29% from 0.39% while the Hartford Multifactor US Equity ETF (NYSEArca: ROUS) is now charging 0.19%, down from 0.29%.

The Hartford Multifactor Global Small Cap ETF (NYSEArca: ROGS), a small-cap ETF featured U.S., ex-US developed markets and emerging markets stocks, has a new fee of 0.39% compared with a previous fee 0.55%.

Hartford’s multi-factor ETFs all share a security selection criteria broken by 50% value, 30% momentum and 20% quality. Additionally, the funds may also include the size and volatility factors where size refers to smaller companies historically outperforming and volatility covering companies that have exhibited a history of smaller swings

The fee cuts place the Hartford Funds among the most affordable smart beta offerings in their repsective categories.

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