Lattice Strategies Trust has announced a significant change in its investment strategy with the decision to liquidate two of its exchange-traded funds (ETFs). The Hartford US Quality Growth ETF and Hartford US Value ETF will be liquidated on or about December 18, 2026. This move is noteworthy as it reflects the company's response to market conditions and the performance of its funds.

Founded as an investment trust, Lattice Strategies Trust has been involved in managing various investment products. The company is based in Wayne, Pennsylvania, and operates under the Central Index Key (CIK) 0001605803. The trust has been active in the investment sector, focusing on delivering value to its shareholders.

According to the recent filing (accession number 0001193125-26-456959), the Board of Trustees has approved a plan of liquidation for both funds. The filing states, "The Board of Trustees of Lattice Strategies Trust has approved a plan of liquidation for Hartford US Quality Growth ETF and Hartford US Value ETF." This decision indicates a strategic pivot, as the trust aims to streamline its offerings and potentially focus on more profitable or viable investment avenues.

The liquidation process will commence with the suspension of sales and trading of the funds. Effective December 11, 2026, the funds will no longer accept orders for the purchase of Creation Units. This means that trading on the Nasdaq Stock Market for shares of the Hartford US Quality Growth ETF and on the Cboe BZX Exchange for shares of the Hartford US Value ETF will cease after that date. The filing notes that there will be no expected market for the purchase or sale of the funds’ shares during the period leading up to the liquidation.

Shareholders will automatically have their shares redeemed as of the close of business on the Liquidation Date without incurring customary redemption transaction fees. The proceeds from these redemptions will be distributed to shareholders, reflecting the net asset value of the shares after accounting for all charges and expenses. The trust has stated that Lattice Strategies LLC, the investment adviser, will cover any administrative expenses associated with the liquidation that exceed the normal fees accrued by the funds.

Investors holding shares in taxable accounts should be aware that the automatic redemption may be treated as a sale for federal income tax purposes, potentially resulting in gains or losses. Shareholders are encouraged to consult their tax advisors regarding the implications of this liquidation.

This decision by Lattice Strategies Trust could have broader implications for the ETF industry, particularly as firms assess the performance of their funds in a competitive market. The move may prompt other investment firms to reevaluate their offerings and consider similar strategies if their funds are underperforming.

As of now, the filing does not specify what further actions may follow this announcement, but the liquidation process is set to unfold in the coming weeks. Stakeholders will be keenly watching how this decision impacts Lattice Strategies Trust and its standing in the investment community.