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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
MICROSOFT CORP MSFT 9.6755%
APPLE INC AAPL 9.3289%
NVIDIA CORP NVDA 9.1207%
AMAZON.COM INC AMZN 7.1963%
ALPHABET INC-CL A GOOGL 6.3198%
META PLATFORMS INC-CLASS META 4.4155%
QUALCOMM INC QCOM 2.8325%
AMERIPRISE FINANCIAL INC AMP 2.5118%
COSTCO WHOLESALE CORP COST 2.5111%
SPOTIFY TECHNOLOGY SA SPOT 2.5084%
Top 10 Holdings Weight: 56.4%
Number of Holdings: 102
Shares Outstanding: 6,660,000
Total Net Assets: 173,692,800
NAV: 26.06
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