FLCG

Federated Hermes MDT Large Cap Growth ETF

$32.45
+0.00%
Market closed. Last update: 11:44 PM ET

📎 Investment Objective

The Federated Hermes MDT Large Cap Growth ETF seeks to provide long-term capital appreciation by investing primarily in large-capitalization growth companies.

Overview

ETF tracking Federated Hermes MDT Large Cap Growth ETF

Category Large Cap
Issuer Other
Inception Date 2024-07-31
Market Cap $253.1M
Average Volume N/A
Dividend Yield 0.05%
52-Week Range $22.86 - $33.93
VWAP $32.42

Performance

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Investment Summary

📎 Investment Objective

The Federated Hermes MDT Large Cap Growth ETF seeks to provide long-term capital appreciation by investing primarily in large-capitalization growth companies.

🎯 Investment Strategy

The fund uses a multi-factor quantitative model to identify large-cap stocks with the potential for above-average growth. The model considers factors such as earnings growth, valuation, and quality to construct a diversified portfolio of large-cap growth stocks.

✨ Key Features

  • Focuses on large-cap growth stocks with strong fundamentals
  • Utilizes a quantitative, multi-factor investment approach
  • Aims to provide long-term capital appreciation
  • Diversified portfolio of large-cap growth companies

⚠️ Primary Risks

  • Market risk: The value of the fund's holdings may decline due to general market conditions
  • Growth stock risk: Growth stocks may be more volatile and susceptible to rapid price swings
  • Sector concentration risk: The fund may have significant exposure to certain sectors, which could increase volatility
  • Management risk: The fund's performance depends on the skill of the portfolio managers in selecting and weighting securities

👤 Best For

The Federated Hermes MDT Large Cap Growth ETF may be suitable for investors seeking long-term capital appreciation through exposure to a diversified portfolio of large-cap growth stocks. Investors should have a higher risk tolerance and a long-term investment horizon to accommodate the potential volatility associated with growth stocks.