FCSH

📎 Investment Objective

The Federated Hermes Short Duration Corporate ETF (FCSH) seeks to provide investment results that correspond generally to the performance of the ICE BofA 1-3 Year U.S. Corporate Index, which tracks the performance of U.S. dollar-denominated investment-grade corporate debt publicly issued in the U.S. domestic market with a remaining term to final maturity of less than 3 years.

✨ Key Features

• Focuses on short-duration corporate bonds with maturities less than 3 years
• Seeks to provide low-risk exposure to the investment-grade corporate bond market
• Passively managed to track the performance of the ICE BofA 1-3 Year U.S. Corporate Index
• Low expense ratio of 0.00%

⚠️ Primary Risks

• Interest rate risk: The value of the fund's investments may decline when interest rates rise
• Credit risk: The issuer of a security held by the fund may default on its obligation to pay principal and/or interest
• Liquidity risk: The fund may have difficulty selling certain securities at an advantageous time and price
• Index tracking risk: The fund may not perfectly track the performance of the underlying index

👤 Best For

This ETF may be suitable for investors seeking low-risk, short-term exposure to the investment-grade corporate bond market as part of a diversified portfolio. It may be particularly attractive for investors looking to manage interest rate risk and preserve capital in the short term.