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State: 17.08.2024 | 11PM
Thu, 26.09.2024       Federated Hermes

Newest MDT product aims to meet growing demand for retirement products

PITTSBURGH, Sept. 26, 2024 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investment management, today announced the launch of the Federated Hermes MDT Mid Cap Growth Collective Investment Fund, a strategy for qualified retirement plan investors. The fund pursues capital appreciation by investing in a diversified portfolio of US mid-cap growth companies.

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.

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