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Hermes US SMID Equity Z GBP Acc

Ranked 47 out of 59 in - US Small & Medium Companies over 12 months
All calculations are in GBP unless stated

Managed by

Michael Russell

Michael Russell joined Hermes in March 2014 as the co-manager of the US SMID Cap strategy and became lead manager of the US All Cap strategy in May 2015. Michael was most recently senior portfolio manager of the Global Developed Markets Equity funds at Nomura Asset Management, where he worked for eight years. During this time he also acted as portfolio manager of the firm’s US equity funds for five years from 2005. Earlier in his career Michael held senior roles managing US equity funds at Merrill Lynch Investment Managers and Mercury Asset Management. He is a CFA charterholder and has an MA in Economics from Cambridge University.

Mark Sherlock

Mark Sherlock joined the Hermes US SMID team in February 2009 as co-manager of the Hermes US SMID Cap strategy and became lead manager in October 2013. He initially joined Hermes in 2005 as an analyst and fund manager on the UK Focus Fund. Prior to this, he was an investment analyst at Rio Tinto Pension Fund, where he had responsibility for the small and mid cap portion of the portfolio. Mark qualified as a Chartered Accountant with PricewaterhouseCoopers in 2002. He has a degree in Politics from Durham University, is a CFA charterholder and a Fellow of ICAEW.


The investment objective of the Fund is to provide long-term capital appreciation. The Fund will seek to achieve its objective by investing primarily in equity or equity related securities of, or relating to, small and mid-capitalisation companies listed or traded in North America which the Investment Manager has identified as being of high quality and undervalued.

Showing fund performance in United Kingdom View performance globally


US Small & Medium Companies over : 31/03/2016 - 31/03/2017

Total Return

Quarterly Performance

to 31/03/2017 Annual Q1 Q2 Q3 Q4
2017 0.3%
2016 44.5% 7.3% 8.9% 10.0% 12.4%
2015 7.5% 10.6% -5.0% -6.4% 9.3%
2014 13.4% -1.1% 2.4% 2.9% 8.9%
2013 35.1% 23.0% 1.4% 3.0% 5.2%
2012 4.0%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. France
  2. Ireland
  3. Switzerland
  4. United Kingdom

Fund Info

  • Launch date26/09/2012
  • Share Class size153Mn
  • Base currencyGBP
  • ISIN IE00B7Z9BR41

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0


  • Annual management3.00%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).