Mutual funds are subject to risks and fluctuate in value.
Investing in IPOs involves special risks such as limited liquidity and increased volatility.
International investing involves special risks including currency risk, increased volatility, political risks, and differences in auditing and other financial standards.
Past performance is no guarantee of future results.
"Category" product classifications noted at the top are Federated's internal classifications.
Investors should carefully consider the fund's investment objectives, risks, charges and expenses before investing. To obtain a summary prospectus or prospectus containing this and other information, contact us or view the prospectus provided on this website. Please carefully read the summary prospectus or prospectus before investing.
Federated Securities Corp., Distributor
| Not FDIC Insured | May Lose Value | No Bank Guarantee | |
