Federated Hermes Absolute Return Credit Fund Class I2 USD Distributing header image

Federated Hermes Absolute Return Credit Fund Class I2 USD Distributing

Fund

ISIN IE00BL5GSB65 / Valor null

NAV (2024-09-02)
USD 2.21%

Federated Hermes Absolute Return Credit Fund Class I2 USD Distributing
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General Objective

The fund aims to achieve a positive investment return over a rolling 12-month period irrespective of market conditions, with a focus on bonds, loans, and credit-default swaps (CDSs) across global markets.

Fund Exposure

The fund is exposed to a mix of asset classes, including bonds, loans, and CDSs, with a geographical split that includes North America, Western Europe, the United Kingdom, Latin America, Asia, and the Middle East & Africa. The sector breakdown includes industries such as automotive, telecommunications, banking, and consumer goods.

Risks

Investors should be aware of risks associated with bond investments, including the potential for defaults and fluctuations in value due to interest rate changes. Additionally, investing in Emerging Markets poses risks due to the less established nature of these markets.

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Source

https://www.hermes-investment.com/uk/en/individual/fund/federated-hermes-absolute-return-credit-fund-class-i-usd-accumulating-ie000094aya3/

Tags:
esg absolute return

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