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Federated Hermes Global Emerging Markets Equity L2 Inc GBP

ISIN: IE00BZ4C8795 | MEX: HIXXT | CITI: NE4U

  • Buy 146.08 GBX

  • Sell 146.08 GBX

  • Price Change 0.59910%

Income

Past Performance

  • 15th May 2020 to 15th May 202133.68%
  • 15th May 2021 to 15th May 2022-18.00%
  • 15th May 2022 to 15th May 2023-2.57%
  • 15th May 2023 to 15th May 202412.22%
  • 15th May 2024 to 15th May 20250.00%
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Objectives and Approach

Objective: The investment objective of the Fund is to achieve long-term capital appreciation by investing primarily in a diversified portfolio of equity securities and equity related securities with an emerging markets bias quoted or traded on Regulated Markets worldwide.Investment Approach: The investment manager seeks to achieve its objective by investing in high-quality, efficient and sustainable companies benefiting from long-term trends. This search takes place in countries with conditions supportive of business growth and gathers evidence of firms’ awareness, vision and strategic planning on environmental, social and governance (ESG) issues such as climate change and employee wellbeing. Through fundamental company analysis, the manager seeks to invest in companies meeting these criteria when they are trading at attractive valuations. The manager engages with investee companies as required on material ESG factors, integrating insights from our stewardship team, EOS at Federated Hermes.

Key Information

Inception 2nd Sep 2016
Historic Yield 0.9300%
Sector IA Global Emerging Markets
Fund Size £2571.457mn
Fund Type ICVC
Classification Income

Charges

Total Ongoing Charges 
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing. 		1.1492%
Initial Charge 0%
AMC 0.70%
Our Platform Charge
We charge a platform fee of 0.30%. Our charges are shown on our rates and charges sheet 		0.30%

Cost and Charges Information

This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product

Account Type

  • Investment Account
  • Stocks & Shares ISA
  • SIPP

Annual charges

These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate

Cost Category % of Investment lump sum costs
Our annual fee

Our annual fee

Includes our platform fee at 0.30% per annum (excluding Charles Stanley Multi Asset Funds and anycash held). The min fee is £60, the max is £600 per annum, plus SIPP administration fee (if applicable, only charged if < £30,000 held) – see here 		0.30%
Dealing charges

Dealing charges

Any one-off commission charges associated with investing. Note that government taxes and levies are not included. This does not include any commission credits you may have available 		N/A
Product provider costs

Product provider costs

Product provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs 		1.1492%
Total (£)

Total (£)

Costs per annum displayed in monetary value
Total (%)

Total (%)

Costs per annum displayed as a percentage of investment value

Cumulative effect of charges on your investment's return

This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges

lump sum invested with an assumed growth rate of 1 year years
What you might get back at  with no charges applied

What you might get back at  with no charges applied

These are the illustrative values of a  investment after growth and no costs applied at the end of the defined period
Annual charges

Annual charges

These are the annual costs based on an initial investment amount of assuming a net zero growth rate
Effect of charges on return (%)

Effect of charges on return (%)

These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate
Effect of charges on return (£)

Effect of charges on return (£)

These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate
What you might get back at with charges applied

What you might get back at with charges applied

These are the illustrative values of a investment after growth and costs at the end of the defined period

This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use

Performance

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      • Cumulative Performance

        1 month3 months6 months1 year3 years5 years
        10.07% -1.87% 0.81% 0.00% 9.33% 19.85%

        Important Information
        Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.

        The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.



      Composition

      View Fund Allocation by:

      TOP 10 HOLDINGS TOP 10 ASSETS TOP 10 SECTORS TOP 10 GEOGRAPHIES

      Important Documents


      The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.

      Fund Provider Factsheet
      The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured. &nbsp;
      FUND PROVIDER FACTSHEET
      260,426 bytes PDF Document; last updated 31 Mar 2025
      Key Investor Information Document This document, issued by the product provider, provides key information about an investment product. The information is required by law to help potential investors understand the nature, risks, costs, potential gains and losses of the product and enable comparison with other products.
      KEY INVESTOR INFORMATION DOCUMENT
      95,570 bytes PDF Document; last updated 05 Mar 2025
      Annual Report A report published by the Fund Management Group detailing the progress of the fund during the course of the previous 12 months. The information provided includes a financial statement for the group as a whole.
      ANNUAL REPORT
      4,790,698 bytes PDF Document; last updated 31 Dec 2024
      Semi Annual Report Published periodically through the course of the financial year of the fund, the report provides an overview of the fund's performance and the prospects for the remainder of the year. Included are portfolio changes (i.e. which stocks have been bought and sold), and changes in the geographical breakdown during the course of the previous 12 months.
      SEMI-ANNUAL REPORT
      4,862,658 bytes PDF Document; last updated 30 Jun 2024
      Prospectus This is a formal document which contains details of the funds' objectives, investment strategies, risks, performance, distribution policy, fees and expenses and, fund management style.  A fund’s prospectus must be lodged with the Financial Conduct Authority (FCA) for authorisation.
      PROSPECTUS
      5,564,762 bytes PDF Document; last updated 12 Dec 2024
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      Management Team

      Vivek Bhutoria Kunjal Gala Chris Clube

      Vivek Bhutoria has managed this fund for 3 years and 4 months.

      Vivek Bhutoria Vivek joined in September 2019 as a senior analyst in the Global Emerging Markets team, focusing on idea generation across the Asia ex-Japan region. In January 2022, he also became co-portfolio manager for the Federated Hermes Global Emerging Markets Equity Fund. Vivek’s previous experience spans both the buy side and sell side. Prior to joining, he was a senior analyst with NN Investment Partners (formerly ING Investment Management) in the global emerging equity team. Vivek also worked at Deutsche Bank and BNY Mellon Asset Management covering emerging markets equities. Vivek began his career in accounting and held positions with PricewaterhouseCoopers and Ernst & Young. Vivek has a Master of Commerce degree from Mumbai University. He is a qualified Chartered Accountant (ACA) from the Institute of Chartered Accountants of India and a CFA charterholder.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      All funds managed by Vivek

      Name of Security Sole/Co Managed Since
      Federated Hermes GEME Co Jan 2022
      Federated Hermes GEME Co Jan 2022

      Kunjal Gala has managed this fund for 4 years and 8 months.

      Kunjal Gala Kunjal joined the international business of Federated Hermes in February 2012 as a senior analyst on the Emerging Markets team focused on Asia ex Japan. He became co-portfolio manager for pooled products and segregated mandates in September 2016. In January 2020, he became co-portfolio manager for all portfolios managed by the Global Emerging Markets team and was subsequently named lead portfolio manager in September 2020. Kunjal joined from Her Majesty's Government, where he worked from October 2008 as an assistant director in The Shareholder Executive, the in-house portfolio management and corporate finance arm of the UK Government. Prior to this he was a senior financial analyst at Morgan Stanley Investment Banking from December 2004, responsible for both business development and execution of M&A and strategy mandates within the consumer products coverage banking team. Previously he worked for Thomas Cook (India) in the management information systems division (September 2003), and PricewaterhouseCoopers in the Assurance and Business Advisory Service (August 2001). Kunjal has a Bachelor of Commerce from Mumbai University and is a qualified Chartered Accountant from the Institute of Chartered Accountants in India.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      All funds managed by Kunjal

      Name of Security Sole/Co Managed Since
      Federated Hermes GEME Co Sep 2020
      Federated Hermes GEME Co Sep 2020

      Chris Clube has managed this fund for 2 years and 5 months.

      Chris Clube Chris joined in 2018 as an investmentanalyst on the Global Emerging Markets team and became co-portfolio manager forthe Federated Hermes Global Emerging Markets Equity Fund in November 2022. Hejoined from Amundi Pioneer Asset Management (formerly Pioneer Asset Management)where he was a Vice President in their emerging markets equity team. His rolethere was as an investment analyst focusing on smaller companies in emergingmarkets. Prior to this, he spent three years as an investment analyst focusingon the consumer and healthcare sectors across emerging markets. He also spent ayear working in the emerging markets strategy team. Chris has a BA (firstclass) in Classics from Oxford University.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      All funds managed by Chris

      Name of Security Sole/Co Managed Since
      Federated Hermes GEME Co Nov 2022
      Federated Hermes GEME Co Nov 2022

      Investment involves risk. You may get back less than invested.