Neuberger Berman Emerging Market Debt - Local Currency Fund USD Y Accumulating Class
ISIN IE00BMY4BK85 / Valor null
Neuberger Berman Emerging Market Debt - Local Currency Fund USD Y Accumulating Class
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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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