Neuberger Berman Emerging Markets Equities Select I - Managed Fund (Closed)

Fund Objective

The trust aims to achieve long-term capital growth by investing primarily in emerging market equity securuties issued by companies that are listed or traded globally.

Fund Strategy

Neuberger Berman's EME investment team seeks to maximise performance by investing in companies that it believes have sustainable free cash flow growth and are trading at attractive valuations.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.01%	5.34%	9.57%	0.85%	-8.98%	1.51%	-%	-%
Growth return	0.01%	5.34%	9.57%	0.5%	-9.32%	0.62%	-%	-%
Income return	0%	0%	0%	0.35%	0.34%	0.89%	-%	-%
Market index (MSCI EM NR AUD)
Total return	-13.06%	-0.17%	3.91%	21.06%	17.05%	15.01%	6.49%	9.35%

As at 31 Mar 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Neuberger Berman Emerging Markets Equities Select I

International Equities: 95.29%

Cash: 4.71%

Australian Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Average Allocation of Peers

International Equities: 92.73%

Cash: 2.33%

Australian Equities: 4.85%

Property & Infrastructure: 0.08%

Fixed Interest: 0.02%

General Information

Fund Details

Type	Description
Fund Name	Neuberger Berman Emerging Markets Equities Select I
Fund Status	Closed
Responsible Entity	Equity Trustees Ltd
APIR Code	ETL4930AU
Sector/Asset Class	Equity Emerging Markets
Morningstar Rating	(as at 31 Mar 2023)
Legal Structure	Investment Fund
Fund Inception	1 Jul 2019
Fund Size	$74.43 million (as at 31 Jan 2023)
Entry Price	$1.0031 (as at 26 May 2023)
Exit Price	$0.9951 (as at 26 May 2023)
Fund Status	Finalised

Offer information

Type	Description
MER	0.85% (as at 29 Sep 2022)
Indirect Cost Ratio (ICR)	0.85% (as at 30 Jun 2022)
Performance fee (not included in ICR)	Not Available
Minimum initial investment	$500,000
Minimum additional investments	$5,000.00

Top 10 holdings (as at 31 Dec 2022)

Holding (as at 31 Dec 2022)	Type	% of Portfolio
Taiwan Semiconductor Manufacturing Co Ltd	Equity	7.42%
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FAQs about the Neuberger Berman Emerging Markets Equities Select I

What is the objective of the Neuberger Berman Emerging Markets Equities Select I managed fund?

The objective of the Neuberger Berman Emerging Markets Equities Select I managed fund is The trust aims to achieve long-term capital growth by investing primarily in emerging market equity securuties issued by companies that are listed or traded globally.

What is the strategy for the Neuberger Berman Emerging Markets Equities Select I managed fund?

The strategy of the Neuberger Berman Emerging Markets Equities Select I managed fund is Neuberger Berman's EME investment team seeks to maximise performance by investing in companies that it believes have sustainable free cash flow growth and are trading at attractive valuations.

What is the APIR code of the Neuberger Berman Emerging Markets Equities Select I managed fund?

The APIR code of the Neuberger Berman Emerging Markets Equities Select I managed fund is ETL4930AU.

What was Neuberger Berman Emerging Markets Equities Select I’s total return last month?

Neuberger Berman Emerging Markets Equities Select I’s total return last month was 0.01%. This was made up of a growth return of 0.01% and an income return of 0%. These returns were calculated as at 31 Mar 2023.

What was Neuberger Berman Emerging Markets Equities Select I’s total return for the last three months?

Neuberger Berman Emerging Markets Equities Select I’s total return for the last three months was 5.34%. This was made up of a growth return of 5.34% and an income return of 0%%. These returns were calculated as at 31 Mar 2023.

What is Neuberger Berman Emerging Markets Equities Select I’s one-year total return?

Neuberger Berman Emerging Markets Equities Select I’s one-year total return is 0.85%. This was made up of a growth return of 0.5% and an income return of 0.35%. These returns were calculated as at 31 Mar 2023.

What is Neuberger Berman Emerging Markets Equities Select I’s three-year total return?

Neuberger Berman Emerging Markets Equities Select I’s one-year total return is 1.51%. This was made up of a growth return of 0.62% and an income return of 0.89%. These returns were calculated as at 31 Mar 2023.

What is the asset allocation of the Neuberger Berman Emerging Markets Equities Select I managed fund?

The asset allocation of the Neuberger Berman Emerging Markets Equities Select I managed fund is :

International Equities: 95.29%

Cash: 4.71%

Australian Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Who is the responsible Entity of the Neuberger Berman Emerging Markets Equities Select I managed fund?

The Responsible Entity for the Neuberger Berman Emerging Markets Equities Select I managed fund is Equity Trustees Ltd.

What sector/asset class does the Neuberger Berman Emerging Markets Equities Select I managed fund belong to?

The Neuberger Berman Emerging Markets Equities Select I managed fund belongs to the Equity Emerging Markets sector/asset class.

What is the size of the Neuberger Berman Emerging Markets Equities Select I managed fund?

As at 31 Jan 2023, the size of the Neuberger Berman Emerging Markets Equities Select I managed fund was $74.43 million.

What is the inception date of the Neuberger Berman Emerging Markets Equities Select I managed fund?

The Neuberger Berman Emerging Markets Equities Select I managed fund has an inception date of 1 Jul 2019.

What is the current entry price of the Neuberger Berman Emerging Markets Equities Select I managed fund?

The current entry price of the Neuberger Berman Emerging Markets Equities Select I managed fund is $1.0031 per unit and the current exit price is $0.9951 per unit (as at 26 May 2023).

What is the current exit price of the Neuberger Berman Emerging Markets Equities Select I managed fund?

The current exit price of the Neuberger Berman Emerging Markets Equities Select I managed fund is $0.9951 per unit and the current entry price is $1.0031 per unit (as at 26 May 2023).

What is the minimum investment amount for the Neuberger Berman Emerging Markets Equities Select I managed fund?

The minimum initial investment amount for the Neuberger Berman Emerging Markets Equities Select I managed fund is $500,000. Minimum additional investment is $5000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

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