Mutual funds are subject to risks and fluctuate in value.
International investing involves special risks including currency risk, increased volatility, political risks, and differences in auditing and other financial standards.
Bond prices are sensitive to changes in interest rates, and a rise in interest rates can cause a decline in their prices.
The fund may use options and future contracts, which have risks associated with unlimited losses of the underlying holdings due to unanticipated market movements and failure to correctly predict the direction of securities prices, interest rates and currency exchange rates. However, a mutual fund investor's risk is limited to one's amount of investment in a mutual fund.
Because the fund may invest in instruments whose performance is linked to the price of an underlying commodity or commodity index, the fund may be subject to the risks of investing in physical commodities.
The value of equity securities will fluctuate and, as a result, the fund's share price may decline suddenly or over a sustained period of time.
The fund may make short sales of securities, which involves unlimited risk including the possibility that losses may exceed the original amount invested.
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 |