- Sector
- Financial Services
- Industry
- Asset Management
- Address
- One Freedom Valley Drive Oaks PA United States of America 19456
- IPO Date
- Apr 3, 2006
- Business
- Hartford Schroders Emerging Markets Equity Fund (SEMVX) is an open-end mutual fund that seeks capital appreciation by investing at least 80% of its assets in equity securities of emerging market companies, including common stock, preferred stock, and depositary receipts of issuers listed or domiciled in emerging markets or deriving more than 50% of revenues, profits, or assets from such regions; it focuses primarily on mid- to large-cap companies across sectors such as information technology, financials, communication services, consumer discretionary, and industrials, with top holdings including Taiwan Semiconductor Manufacturing Co. Ltd., Tencent Holdings Ltd., Samsung Electronics Co. Ltd., HDFC Bank Ltd., and SK Hynix Inc.. The fund employs a top-down/bottom-up investment process combining country allocation analysis with fundamental stock selection, sub-advised by Schroders with over 200 years of global investment experience, and features approximately 102 holdings, 45% annual turnover, 59% active share, and a net expense ratio of 1.41% for Class A shares (ticker: SEMVX), which carry a 5.50% front-end load and minimum initial investment of $2,000.. Launched on March 31, 2006, and domiciled in the United States with Hartford Funds headquartered in Wayne, Pennsylvania, the fund operates globally with primary exposure to emerging Asia (around 43%), developed Asia (32%), Latin America (10%), Africa, and the Middle East, managing total net assets of approximately $5.7 billion across multiple share classes including I, SDR (SEMTX), F (HHHFX), and R4 (HHHSX)..
In a strategic partnership formed in 2016, Hartford Funds adopted several Schroders U.S. mutual funds—including this emerging markets equity strategy—which were rebranded as Hartford Schroders Funds, with Hartford Funds serving as adviser and Schroders as sub-adviser to expand active management offerings to U.S. financial advisors and investors; the partnership encompassed equity, fixed income, and multi-asset strategies totaling $2.2 billion in assets at the time and has since grown significantly.. The fund's management team, led by James Gotto and Waj Hashmi since inception, includes Robert Davy, Tom Wilson (since 2014), Nicholas Field (since 2017), and Rollo Roscow (since 2023), supporting ongoing portfolio oversight amid strong recent performance, including year-to-date returns of approximately 32-35% as of late 2025 and 1-year returns around 24-34%.. No major acquisitions, funding rounds, or reorganizations have been reported for the fund in the last 1-2 years, though it maintains active positioning with overweightings in information technology and financials relative to the MSCI Emerging Markets Index benchmark..