The Federated Hermes MDT Mid Cap Growth Fund - IS Shares (FGSIX) is a mutual fund that focuses on investing in mid-sized companies with strong growth potential. Managed by Federated Hermes, a leading investment management firm, this fund aims to provide investors with long-term capital appreciation by selecting companies with solid financials, innovative products or services, and strong management teams. With a focus on mid-cap companies, this fund offers a balance of growth potential and stability. The "IS" in the name stands for "Institutional Shares," indicating that this fund is primarily available to institutional investors. Overall, FGSIX is a well-diversified and actively managed fund that may be suitable for investors seeking exposure to mid-cap growth companies.
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