Federated Hermes, Inc. to Reopen Kaufmann Small Cap Fund
PITTSBURGH, March 31, 2022 /PRNewswire/ — Federated Hermes, Inc. FHIa global leader in active and responsible investing, today announced that Federated Hermes Kaufmann Small Cap Fund, and associated institutional strategies, will reopen to new investors the April 18, 2022.
Launched in December 2002, the fund seeks capital appreciation by investing primarily in common stocks of promising smaller companies identified through management’s rigorous proprietary fundamental research. The fund is managed by the same team that manages the Federated Hermes Kaufmann Fund and the Federated Hermes Kaufmann Large Cap Fund.
Federated Hermes now believes the fund and investment strategy are well positioned to accept new investors and find investment opportunities consistent with its investment objectives. There will be no change to the fund’s current strategy.
The Federated Hermes Kaufmann Small Cap Fund was previously closed to new investors, effective March 1, 2021, with some exceptions. Before and after April 18, 2022the B shares of the fund will remain closed.
Federated Hermes, Inc. FHI is a global leader in active and responsible investment management, with $668.9 billion of assets under management at December 31, 2021. We offer investment solutions that help investors target a wide range of outcomes and provide equity, fixed income, alternative/private markets, multi-asset and cash management strategies to over 11,000 institutions and intermediaries around the world. Our clients include corporations, government entities, insurance companies, foundations and endowments, banks, and broker/dealers. At Federated Hermes, accountability is at the heart of our customer relationships, our long-term perspective and our fiduciary mindset. It is part of our heritage and the foundation of our future. Based at PittsburghFederated Hermes has nearly 2,000 employees in London, new York, Boston and offices around the world. For more information, visit FederatedHermes.com.
International investing involves special risks, including currency risk, increased volatility, political risks and differences in auditing and other financial standards.
Investing in IPOs involves special risks such as limited liquidity and increased volatility.
Stocks of smaller companies may be less liquid and subject to greater price volatility than stocks of large caps.
Mutual funds are subject to risk and their value fluctuates.
Investors should carefully consider the fund’s investment objectives, risks, charges and expenses before investing. To obtain a simplified prospectus or prospectus containing this and other information, contact us or see the prospectus provided on this website. Please read the summary prospectus or prospectus carefully before investing.
Current and future portfolio holdings are subject to risk.
Not FDIC insured May lose value No bank guarantee
Federated Securities Corp., Distributor
SOURCE Federated Hermes, Inc.