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FLCG ETF Profile


Family: Federated Hermes
Name: Federated Hermes MDT Large Cap Growth ETF
Inception Date: 30-Jul-2024
Termination Date:
Investment Objective: The Fund's objective is long-term capital appreciation. The Fund seeks to achieve its objective by investing primarily in the common stock of large-sized U.S. companies. The investment adviser's investment strategy utilizes a large-capitalization ("large-cap") growth approach by selecting most of its investments from companies listed in the Russell 1000 Growth Index, an index that measures the performance of those companies with higher price-to-book ratios and higher forecasted growth values within the large-cap segment of the U.S. equity universe, which includes the 1,000 largest U.S. companies by market capitalization. The Adviser implements its strategy using a quantitative model driven by fundamental and technical stock selection variables.
Prospectus
Top 10 Holdings
NVIDIA CORP NVDA 14.0491%
APPLE INC AAPL 10.8430%
MICROSOFT CORP MSFT 9.3843%
ALPHABET INC-CL A GOOGL 7.3847%
BROADCOM INC AVGO 6.1756%
META PLATFORMS INC-CLASS META 3.4293%
AMAZON.COM INC AMZN 2.9955%
GE VERNOVA INC GEV 2.8121%
FISERV INC FISV 2.6199%
TESLA INC TSLA 2.5377%
Top 10 Holdings Weight: 62.2%
Number of Holdings: 99
Shares Outstanding: 14,715,000
Total Net Assets: 482,357,700
NAV: 32.77
Net Expense Ratio: 0.39%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
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Strategy: Other Quant Model
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Market Cap: Large Cap
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Is Currency Hedged: No
US or Ex-US: Domestic
Market Data Delayed 15 Minutes