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Federated Hermes launches Federated Hermes MDT Market Neutral ETF
Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today introduced Federated Hermes MDT Market Neutral ETF (NYSE: MKTN).
About this update from Federated Hermes, Inc.
[{"type":"list","items":[{"val":[{"type":"text","content":"New product leverages MDT investment team's three decades of experience and skill","length":85,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":85,"olType":false},{"type":"text","content":"PITTSBURGH, Sept. 25, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today introduced Federated Hermes MDT Market Neutral ETF (NYSE: MKTN).","length":191,"tagName":"p"},{"type":"text","content":"Federated Hermes MDT Market Neutral ETF seeks to pursue long-term capital appreciation while limiting exposure to general stock market risk. Drawing on Federated MDTA LLC's ("Federated Hermes MDT Advisers") three-decades-long differentiated approach to portfolio construction, the fund is managed by Daniel Mahr, CFA, head of MDT group; Damien Zhang, CFA, head of MDT research; Frederick L. Konopka, CFA, portfolio and trading manager; and John Paul Lewicke, research manager. The team employs a quantitative model to invest in long and short positions in companies primarily within the Russell 3000® Index universe, targeting returns that are uncorrelated to market direction. As of June 30, 2025, Federated Hermes MDT Advisers' strategies have $21.4 billion in assets across mutual funds, institutional separate accounts, separately managed accounts (SMAs), collective investment funds and four additional ETFs launched last year. Federated Hermes MDT Advisers have managed market neutral strategies since 1997 including the $1.7 billion Federated Hermes MDT Market Neutral Fund.","length":1099,"tagName":"p"},{"type":"text","content":""Facing market uncertainty, investors can diversify their portfolios with strategies that seek to pursue specific goals such as building capital over time and limiting volatility," said John B. Fisher, president and chief executive officer of Federated Advisory Companies. "With our Federated Hermes MDT Market Neutral ETF, Federated Hermes continues to strategically introduce complementary offerings of our most popular investment strategies—in this case, a new ETF utilizing Federated Hermes MDT Advisers' time-tested, systematic investment process."","length":577,"tagName":"p"},{"type":"text","content":""Through the first half of the year, industry-wide ETF flows continued to grow, running 35%...