Mutual funds are subject to risks and fluctuate in value.
This fund is not a money market fund. The share performance of this fund fluctuates on a daily basis.
As a non-fundamental operating policy, under normal market conditions, the fund will invest 70% or more of its portfolio in non-U.S. dollar denominated investments and gold-related investments which may be denominated in U.S. dollars. The fund may invest, for temporary or defensive purposes, more than 30% of its assets in U.S. dollar denominated investments.
Bond prices are sensitive to changes in interest rates, and a rise in interest rates can cause a decline in their prices.
International investing involves special risks including currency risk, increased volatility, political risks, and differences in auditing and other financial standards.
Diversification does not assure a profit nor protect against loss.
The fund is a non-diversified investment company. As such, it will likely invest in fewer securities or securities issued by fewer foreign governments than diversified investment companies, and its performance may be more volatile. If the securities in which the Federated Prudent DollarBear Fund invests perform poorly, the Federated Prudent DollarBear Fund could incur greater losses than it would have had it invested in a greater number of securities.
Investments in gold and precious metals are subject to additional risks such as the possibility of substantial price fluctuations over a short period of time.
Past performance is no guarantee of future results.
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.
"Category" product classifications noted at the top are Federated's internal classifications.
Federated Securities Corp., Distributor
|Not FDIC Insured
||May Lose Value
||No Bank Guarantee