International American Depositary Receipt

Managed AccountsForeign Large Cap

Overview

STRATEGY

The International ADR model portfolio consists of foreign stocks that are listed on a U.S. exchange as American Depositary Receipts. Portfolios in this composite may invest in less developed or emerging markets which generally entail greater political, economic, market, tax, credit and other risks, and generally have greater price volatility than securities issued or traded in developed markets. All portfolios utilize a bottom-up approach focusing on large- and mid-cap stocks from primarily developed markets focusing on companies with leading market positions, strong cash flow, solid growth prospects and attractive valuations. This strategy is considered a core strategy with a bias toward quality.

KEY FACTS
Key Facts - Part 1
Benchmark Morgan Stanley Capital International Europe Australasia and Far East Index
Key Facts - Part 2
Strategy Inception Date
INVESTMENT GOALS Retirement
Growth
Income
Global Diversification
MANAGERS
Marc Halperin
Vice President
Senior Portfolio Manager

joined Federated
36 years of experience
Richard Winkowski Jr.
Senior Vice President
Senior Portfolio Manager
Head of International Equity Team

joined Federated
25 years of experience

Documents