Neuberger Berman Euro Bond AR F.I EUR/  IE00BFZMGB89  /

The Fund seeks to achieve a positive return over a full market cycle (typically 3-5 years), irrespective of market conditions with a moderate level of volatility. There is no guarantee that the investment objective will be achieved and capital invested is at risk. The Fund invests in a diversified portfolio of long and synthetic short positions in predominantly Euro-denominated sovereign and corporate bonds with varying maturities (at least two-thirds of its Net Asset Value ("NAV")) and in money market instruments and debt securities issued by public or private issuers in non-Eurozone countries, including emerging (less developed) market countries (a maximum of one-third of its NAV). Bonds may be in both investment grade or below (high yield). Investment grade securities are highly rated securities, generally those rated Baa3, BBB- or above by one or more recognised rating agencies. High yield bonds have a lower credit rating because they carry a higher risk of not being paid back and typically offer a higher income to make them attractive to investors. The Fund may also invest in financial derivative instruments that exaggerate the potential returns or potential losses to achieve more growth, reduce risk or increase operational efficiencies. Under normal market conditions, the Fund anticipates that the average interest duration will be within the range of -3 years and +6 years compared to the ICE BofA 0-1 Year AAA Euro Government Index (Total Return, EUR) ("Benchmark"). The Fund promotes environmental and social characteristics pursuant to Article 8 of SFDR.

The Fund seeks to achieve a positive return over a full market cycle (typically 3-5 years), irrespective of market conditions with a moderate level of volatility. There is no guarantee that the investment objective will be achieved and capital invested is at risk.