Federated Hermes Global SMID Equity Engagement Fund Class L GBP ACC

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable Federated Hermes Global SMID Equity Engagement Fund Class L GBP ACC’s performance objective and investment process is for both security selection and portfolio construction.

The People Pillar is our evaluation of the Federated Hermes Global SMID Equity Engagement Fund Class L GBP ACC management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

The Parent Pillar is our rating of Federated Hermes Global SMID Equity Engagement Fund Class L GBP ACC’s parent organization’s priorities and whether they’re in line with investors’ interests.