Federated Hermes, Inc. launches MDT Mid Cap Growth Collective Investment Fund
Federated Hermes, Inc. (NYSE: FHI) has launched the Federated Hermes MDT Mid Cap Growth Collective Investment Fund, a strategy for qualified retirement plan investors. The fund aims for capital appreciation by investing in a diversified portfolio of US mid-cap growth companies using MDT's stock-selection process. This process utilizes research, technology, and daily data from multiple market cycles to remove subjective influences.
The fund is trusteed by Great Gray Trust Company, and is Federated Hermes' first equity CIT. It complements four existing fixed-income CITs with Great Gray. The fund is managed by a veteran portfolio management team with extensive experience. As of June 30, 2024, Federated Hermes had $782.7 billion in assets under management.
Federated Hermes, Inc. (NYSE: FHI) ha lanciato il Federated Hermes MDT Mid Cap Growth Collective Investment Fund, una strategia per investitori qualificati in piani pensionistici. Il fondo mira ad apprezzare il capitale investendo in un portafoglio diversificato di aziende statunitensi a media capitalizzazione in crescita, utilizzando il processo di selezione delle azioni di MDT. Questo processo utilizza ricerche, tecnologia e dati quotidiani da più cicli di mercato per eliminare influenze soggettive.
Il fondo è amministrato da Great Gray Trust Company ed è il primo CIT azionario di Federated Hermes. Completa quattro CIT esistenti a reddito fisso con Great Gray. Il fondo è gestito da un team di gestione del portafoglio esperto e affermato. A partire dal 30 giugno 2024, Federated Hermes aveva $782,7 miliardi in gestione.
Federated Hermes, Inc. (NYSE: FHI) ha lanzado el Federated Hermes MDT Mid Cap Growth Collective Investment Fund, una estrategia para inversores calificados en planes de jubilación. El fondo busca la apreciación del capital invirtiendo en una cartera diversificada de empresas estadounidenses de mediana capitalización en crecimiento, utilizando el proceso de selección de acciones de MDT. Este proceso utiliza investigación, tecnología y datos diarios de múltiples ciclos del mercado para eliminar influencias subjetivas.
El fondo es administrado por Great Gray Trust Company y es el primer CIT de acciones de Federated Hermes. Complementa otros cuatro CIT de renta fija existentes con Great Gray. El fondo es gestionado por un equipo de gestión de cartera veterano con amplia experiencia. A partir del 30 de junio de 2024, Federated Hermes tenía $782.7 mil millones en activos bajo gestión.
Federated Hermes, Inc. (NYSE: FHI)는 Federated Hermes MDT Mid Cap Growth Collective Investment Fund를 출시했습니다. 이는 자격을 갖춘 퇴직 연금 계획 투자자를 위한 전략입니다. 이 펀드는 MDT의 주식 선택 프로세스를 사용하여 미국 중형 성장 기업의 다양화된 포트폴리오에 투자함으로써 자본 증가를 목표로 합니다. 이 프로세스는 주관적인 영향을 제거하기 위해 여러 시장 주기의 연구, 기술 및 일일 데이터를 활용합니다.
이 펀드는 Great Gray Trust Company에 의해 관리되며 Federated Hermes의 첫 번째 주식 CIT입니다. 이는 Great Gray와 함께 네 개의 기존 고정 수익 CIT을 보완합니다. 이 펀드는 풍부한 경험을 가진 숙련된 포트폴리오 관리 팀에 의해 관리됩니다. 2024년 6월 30일 현재, Federated Hermes는 $782.7 billion 자산 관리를 보유하고 있습니다.
Federated Hermes, Inc. (NYSE: FHI) a lancé le Federated Hermes MDT Mid Cap Growth Collective Investment Fund, une stratégie pour les investisseurs qualifiés de plans de retraite. Le fonds vise à réaliser une plus-value en investissant dans un portefeuille diversifié d'entreprises américaines de taille moyenne en croissance, en utilisant le processus de sélection d'actions de MDT. Ce processus utilise des recherches, de la technologie et des données quotidiennes provenant de plusieurs cycles de marché pour supprimer les influences subjectives.
Le fonds est administré par Great Gray Trust Company et est le premier CIT en actions de Federated Hermes. Il complète quatre CIT existants à revenu fixe avec Great Gray. Le fonds est géré par une équipe de gestion de portefeuille expérimentée. Au 30 juin 2024, Federated Hermes avait 782,7 milliards de dollars d'actifs sous gestion.
Federated Hermes, Inc. (NYSE: FHI) hat den Federated Hermes MDT Mid Cap Growth Collective Investment Fund ins Leben gerufen, eine Strategie für qualifizierte Altersvorsorgeinvestoren. Der Fonds zielt auf Kapitalwachstum ab, indem er in ein diversifiziertes Portfolio von US-amerikanischen Mid-Cap-Wachstumsunternehmen investiert und dabei den Auswahlprozess für Aktien von MDT verwendet. Dieser Prozess nutzt Forschung, Technologie und tägliche Daten aus mehreren Marktzyklen, um subjektive Einflüsse zu beseitigen.
Der Fonds wird von der Great Gray Trust Company treuhänderisch verwaltet und ist der erste Equity-CIT von Federated Hermes. Er ergänzt vier bestehende Renten-CITs mit Great Gray. Der Fonds wird von einem erfahrenen Portfoliomanagement-Team mit umfangreicher Erfahrung verwaltet. Am 30. Juni 2024 hatte Federated Hermes 782,7 Milliarden USD an verwalteten Vermögenswerten.
- Launch of new MDT Mid Cap Growth Collective Investment Fund for retirement plan investors
- Expansion of product offerings in the growing retirement market
- Utilization of advanced stock-selection process for potential alpha generation
- Experienced portfolio management team with over 80 years of combined experience
- Complementing existing fixed-income CITs, expanding Federated Hermes' CIT offerings
- None.
Insights
The launch of Federated Hermes' MDT Mid Cap Growth Collective Investment Fund is a strategic move to capitalize on the growing demand for retirement products. This expansion into equity CITs complements their existing fixed-income offerings and diversifies their product lineup. The
The fund's focus on mid-cap growth companies using a quantitative, systematic approach could appeal to retirement plan investors seeking alpha generation. However, it's important to note that quantitative models can underperform and past performance doesn't guarantee future results. The fund's success will depend on its ability to consistently outperform benchmarks and attract assets in a competitive market.
With
The introduction of the MDT Mid Cap Growth Collective Investment Fund is a timely response to the evolving retirement landscape. CITs are gaining popularity among plan sponsors due to their potential for lower costs and greater flexibility compared to mutual funds. This move positions Federated Hermes to compete more effectively in the
The fund's systematic approach may appeal to fiduciaries looking for transparent, repeatable investment processes. However, the success of this product will hinge on its ability to deliver consistent performance and attract assets from competing mid-cap growth offerings. The experienced management team and established track record in similar strategies could provide a competitive edge.
For Federated Hermes, expanding into equity CITs could open doors to new retirement plan mandates and strengthen relationships with existing clients. This product launch demonstrates the company's commitment to meeting the evolving needs of institutional investors and could drive long-term growth in their retirement business segment.
- Newest MDT product aims to meet growing demand for retirement products
The Federated Hermes MDT stock-selection process utilizes cutting-edge research, technology and daily data from multiple market cycles—conferring the advantages of discipline, testability and repeatability. Through a bottom-up, systematic approach, it seeks to remove subjective and emotional influences from the stock-selection process.
The fund is trusteed by Great Gray Trust Company, LLC (Great Gray), a leading provider of collective investment trusts (CITs) to the retirement plan market. Through the new CIT, Great Gray will offer retirement plan investors Federated Hermes MDT's experience in seeking alpha from multiple sources—differentiating the fund from many other growth strategies.
"Our MDT strategies have seen continued interest in the retirement market, and we are pleased to offer another vehicle in which clients can access our investment team's capabilities," said Paul Uhlman, President of Federated Securities Corp. "The new mid-cap growth CIT builds upon our relationship with Great Gray and is another step in growing Federated Hermes' global investment platform capabilities and bringing our diverse range of investment solutions to institutional investors."
The fund is managed by a veteran portfolio management team: Daniel Mahr, CFA, who serves as Head of the MDT Group and has 22 years of experience; Damien Zhang, CFA, who is Head of MDT Research and has 15 years of experience; Frederick Konopka, CFA, who is Portfolio and Trading Manager and has 27 years of experience; and John Paul Lewicke, who serves as Research Manager and has 17 years of experience. The investment team behind the collective investment fund also manages more than
The new fund is Federated Hermes' first equity CIT, complementing four fixed-income CITs with Great Gray: Federated Hermes Total Return Bond Collective Investment Fund, Federated Hermes High Yield Bond Collective Investment Fund, Federated Hermes Prime Cash Collective Investment Fund and Federated Hermes Unconstrained Credit Collective Investment Fund. Since 1986, Federated Hermes also has offered a stable value CIT—the Federated Hermes Capital Preservation Fund—which is trusteed by Federated Investors Trust Company.
Federated Hermes, Inc. is a global leader in active, responsible investment management, with
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Collective funds are subject to risks and fluctuate in value.
The quantitative models and analysis used by MDT may perform differently than expected and may affect fund performance.
Diversification does not assure a profit nor protect against loss.
Past performance is no guarantee of future results.
Alpha is a measure of how much or how little return is generated, given the risk a portfolio takes.
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SOURCE Federated Hermes, Inc.
FAQ
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