About FRIEX
Federated Hermes Emerging Markets Equity Fund R6 is an open-end mutual fund designed to provide long-term capital appreciation by investing primarily in equities of companies located in emerging markets. Managed by Federated Hermes, the fund focuses on a diversified portfolio across sectors such as technology, financial services, communication, consumer cyclical, and basic materials. Notable holdings include industry leaders like Taiwan Semiconductor Manufacturing, Tencent Holdings, Samsung Electronics, and MercadoLibre, reflecting a strategic emphasis on high-growth companies within developing economies.
The fund employs a large growth investment style and may allocate significant portions to single countries, regions, or market capitalization categories as warranted by its research process. ESG (Environmental, Social, and Governance) factors are integrated into the investment analysis to identify operational risks and opportunities, complementing the fundamental research underpinning security selection. With an expense ratio that is among the most competitive in its peer group, the R6 share class is particularly suited for retirement plans and institutional investors seeking cost efficiency. The fund plays a vital role in giving investors access to the dynamic growth potential of emerging market equities while maintaining a disciplined approach to diversification and risk management.
Fund Family Federated
Category Diversified Emerging Mkts
Performance Rating High
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FRIEX
Share Class Class R6 Shares
Index MSCI EM (Emerging Markets) NR USD
FRIEX had a total return of 46.66% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.63%.
