Federated Hermes Biodiversity Equity Fund X3 USD Distributing Hedged
ISIN IE000IGECY62 / Valor null
Federated Hermes Biodiversity Equity Fund X3 USD Distributing Hedged
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General Objective
The fund aims to achieve capital growth over a rolling five-year period and to invest in companies that are helping to protect and restore biodiversity or are reducing the threat to biodiversity through their measurable contribution to reducing land pollution, marine pollution and exploitation, unsustainable living, climate change, unsustainable farming, or deforestation.
Fund Exposure
The fund is exposed to companies that help protect or restore biodiversity through their business operations, products, or services. It invests in best-in-class companies where biodiversity is a source of competitive advantage, while also considering financial sustainability and long-term value creation. The fund is benchmarked against the MSCI All Country World IMI Net index and has a concentration of top 10 holdings at 41.36%.
Risks
Some of the risks associated with this fund include market risk, concentration risk, and environmental risk. Market risk refers to the potential for investments to be affected by overall market conditions. Concentration risk arises from the fund's significant exposure to its top 10 holdings. Environmental risk relates to the impact of environmental factors on the fund's performance, particularly in relation to companies involved in protecting or restoring biodiversity.
Source
https://www.hermes-investment.com/lu/en/professional/fund/federated-hermes-biodiversity-equity-fund-class-x-eur-accumulating-hedged-ie000k233lo2/
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