Federated Hermes International Leaders Fund - Federated Hermes

Shareclass
Federated Hermes International Leaders Fund Institutional Shares (FGFLX)
Type
Open-end mutual fund
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, above the threshold of 0.5% and below 1.5%. Assigned a grade of D.
How we track deforestation-risk investments
D
16.56%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
14
holdings flagged
17%
of assets flagged
This fund contains
 $250.55 MILLION invested 
in holdings flagged for deforestation risk
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producers
Commodity producers
1 holdings
1.03% of assets
$15.57 MILLION invested
banks
Banks and lenders
7 holdings
8.51% of assets
$128.77 MILLION invested
consumers
Major consumer brands
6 holdings
7.02% of assets
$106.21 MILLION invested
Commodity producers
Commodity producers
1 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
1 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Glencore PLC
    Soy producerPalm oil producer
    1.03%1.03% of portfolio
    $15.57M$15.57M invested
    Soy producerPalm oil producer
Banks and lenders
Banks and lenders
7 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
7 HOLDINGS
  • % of portfolio
    $ invested
  • 1. HSBC Holdings PLC
    1.93%1.93% of portfolio
    $29.13M$29.13M invested
  • 2. Mitsubishi UFJ Financial Group Inc
    1.41%1.41% of portfolio
    $21.37M$21.37M invested
  • 3. Barclays PLC
    1.17%1.17% of portfolio
    $17.67M$17.67M invested
  • 4. Sumitomo Mitsui Financial Group Inc
    1.16%1.16% of portfolio
    $17.55M$17.55M invested
  • 5. BNP Paribas SA
    1.02%1.02% of portfolio
    $15.48M$15.48M invested
View next 2
Major consumer brands
Major consumer brands
6 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
6 HOLDINGS
  • % of portfolio
    $ invested
  • 1. LVMH Moet Hennessy Louis Vuitton SE
    Cattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    1.52%1.52% of portfolio
    $23.01M$23.01M invested
    Cattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 2. Cie de Saint-Gobain SA
    Timber major consumer brandPaper/pulp major consumer brand
    1.47%1.47% of portfolio
    $22.29M$22.29M invested
    Timber major consumer brandPaper/pulp major consumer brand
  • 3. Shell PLC
    Soy major consumer brandPalm oil major consumer brand
    1.45%1.45% of portfolio
    $21.98M$21.98M invested
    Soy major consumer brandPalm oil major consumer brand
  • 4. adidas AG
    Cattle major consumer brandPaper/pulp major consumer brand
    0.95%0.95% of portfolio
    $14.43M$14.43M invested
    Cattle major consumer brandPaper/pulp major consumer brand
  • 5. RELX PLC
    Paper/pulp major consumer brand
    0.86%0.86% of portfolio
    $13.07M$13.07M invested
    Paper/pulp major consumer brand
View next 1
View more info
DATA AS OF 30 Nov 2025





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