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QQMNX

Federated Hermes MDT Market Neutral Fund IS Share Class

QQMNX Mutual Fund Price & Analysis

The Federated Hermes MDT Market Neutral Fund IS Share Class (QQMNX) is a mutual fund that aims to provide investors with a market-neutral investment strategy. This means that the fund seeks to generate returns that are not dependent on the overall direction of the stock market. The fund is managed by Federated Hermes, a leading global investment management firm, and utilizes a multi-dimensional trading approach to identify and capitalize on market inefficiencies. The IS share class is designed for institutional investors and has a lower expense ratio compared to other share classes. Overall, this fund offers a unique and potentially less volatile investment option for those looking to diversify their portfolio.