Neuberger Berman Emerging Market Debt - Local Currency Fund EUR I2 Accumulating Class - Unhedged
ISIN IE00BZ1J8T56 / Valor 29556841
Neuberger Berman Emerging Market Debt - Local Currency Fund EUR I2 Accumulating Class - Unhedged
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General Objective
The fund aims to achieve a target average return of 1-2% over the benchmark before fees over a market cycle (typically 3 years) from investing primarily in local currencies and local interest rates of emerging (less developed) market countries.
Fund Exposure
The fund primarily invests in local currencies and local interest rates of emerging market countries, with up to one-third of the fund may be denominated in hard currency. The fund systematically applies Environmental, Social and Governance ("ESG") criteria in the selection of securities.
Risks
The fund is exposed to market risk, liquidity risk, emerging markets risk, credit risk, interest rate risk, and derivatives risk. These risks may lead to fluctuations in the net asset value of the fund and potential losses for investors.
Source
https://www.nb.com/en/is/products/ucits-funds/emerging-market-debt-local-currency-fund
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