FHSIX — Federated Hermes Global Small Cap Fund
Data updated: 2023-02-10
FHSIX — Federated Hermes Global Small Cap Fund. Global (incl. US) Real Estate · $2.93M AUM · 0.94% expense ratio. Holdings, fees, performance and SEC filings.
FHSIX Fund Overview
FHSIX — Federated Hermes Global Small Cap Fund is a US mutual fund managed by Federated Hermes Adviser Series, categorised as Global (incl. US) Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Federated Hermes Adviser Series
- Category: Global (incl. US) Real Estate
- Assets under management: $2.93M
- 1-year return: -13.6%
- Ticker: FHSIX
- SEC CIK: 0001707560
- SEC series ID: S000065056
- Share class ID: C000210644
FHSIX Investment Objective and Strategy
Federated Hermes Global Small Cap Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Federated Hermes Adviser Series.
Investment objective
The Funds investment objective is to provide long-term capital appreciation. The objective may be changed by the Funds Board of Trustees (the Trustees) without shareholder approval.
Principal investment strategy
The Fund pursues its investment objective by investing primarily in equity or equity-related securities (such as depositary receipts) of, or relating to, small-cap companies domiciled in, or that derive a large proportion of their income from, global developed markets. The Fund will also invest in component securities of the MSCI World Small Cap Index or in securities of companies listed in the countries referenced in this Index. The Fund will generally allocate a substantial amount of its total assets (approximately 40% or more unless market conditions are not deemed favorable by the Adviser, in which case the Fund would invest at least 30%) to non-U.S. investments. As of November 30, 2021, the capitalization of companies included in the MSCI World Small Cap Index ranged from approximately $87.5 million to $28.8 billion.
The Funds investment adviser or sub-adviser (as applicable, the Adviser) will seek to identify companies that, in its view, provide the potential for long-term capital appreciation through a fundamental analysis of relevant companies, seeking to identify companies that are undervalued. This is done in order to ascertain whether the companies may provide the potential for long-term capital appreciation notwithstanding that equities of such companies may, at the time of purchase be undervalued. The Adviser will not, save in relation to the capitalization of companies that may be invested in, be subject to any limitation on the types of companies in which it may invest (either in terms of industry or focus). As part of the strategys assessment of quality and its approach to risk management, risks associated with a companys approach to environmental, social and governance (ESG) issues are actively assessed.
The Adviser considers data on Federated Hermes proprietary ESG Dashboard, which contains a wide range of ESG factors and ranks companies on their behaviors versus peers. In making its investment decisions, the Adviser will seek to consider ESG issues with regards to the holding of either individual securities or various categories or classes of securities. These ESG considerations are intended to provide guidance on achieving best practice standards of corporate governance and equity stewardship in order to make informed investment decisions. The Fund may invest in other investment companies, real estate investment trusts (REITs), and futures contracts to implement elements of its investment strategy, including for cash flow management, cost effectiveness, and gaining exposure to certain markets and securities in a quicker and/or more efficient manner.
There can be no assurance that the Funds use of futures contracts will work as intended. Futures contract investments made by the Fund are included within the Funds 80% policy (as described below) and are calculated at market value. The Fund will invest its assets so that, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) are invested in small capitalization equity companies. The Fund will notify shareholders at least 60 days in advance of any change in its investment policy that would permit the Fund to invest, under normal circumstances, less than 80% of its net assets (plus any borrowings for investment purposes) in investments in small capitalization equity companies.
FHSIX Performance
Total returns for FHSIX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -13.6% |
| 3 years (annualised) | 7.3% |
FHSIX Risk Information
Risk metrics for FHSIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.9%
FHSIX Costs and Fees
FHSIX costs about $94 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.94%
- Gross expense ratio: 9.13%
- Portfolio turnover: 16%
FHSIX Cashflows
Over the 12 months to 2022-05, Federated Hermes Global Small Cap Fund had net inflows of $248.43K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-05 | $2.80K |
| 2022-04 | $225 |
| 2022-03 | $380 |
| 2022-02 | $7.40K |
| 2022-01 | $1.02K |
| 2021-12 | $70.86K |
FHSIX Debt Constituents
No individual debt constituents are reported in Federated Hermes Global Small Cap Fund's latest SEC N-PORT filing.
FHSIX Prospectus and SEC Filings
Official Federated Hermes Global Small Cap Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-01-26
- Prospectus (485BPOS) — filed 2021-06-10
- Prospectus (485BPOS) — filed 2021-01-28
- Portfolio holdings (N-PORT) — filed 2022-07-26
- Portfolio holdings (N-PORT) — filed 2022-04-22
- Portfolio holdings (N-PORT) — filed 2022-01-25
- Annual census (N-CEN) — filed 2023-02-10
- Annual census (N-CEN) — filed 2022-02-11
Related Funds
Other Global (incl. US) Real Estate funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.