Federated Hermes Glb SMID Eq EgmtXAUDAcc holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable Federated Hermes Global SMID Equity Engagement Fund Class X AUD Accumulating’s performance objective and investment process is for both security selection and portfolio construction.