Federated Hermes Launches Active Large-Cap Growth Fund for Retirement Investors

Reuters
Jan 28
Federated Hermes Launches Active Large-Cap Growth Fund for Retirement Investors

Federated Hermes, Inc. has launched the Federated Hermes MDT Large Cap Growth Collective Investment Fund (CIT), an actively managed fund designed for qualified retirement plan investors. The new fund seeks long-term capital appreciation by investing primarily in large-sized U.S. company stocks and offers a cost-efficient, transparent, and repeatable investment process. This launch adds to Federated Hermes’ suite of CIT products, expanding its offerings for retirement plan clients.

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