Neuberger Berman Event Driven Fund EUR I5 Distributing Class

Management

Fund classes:
Neuberger Berman Event Driven Fund EUR I5 Distributing Class
€11.02 Price
€-0.01
-0.09%
Today's Change
ISIN IE000T1QUSA0
Share Class Income
Ongoing Charge 0.6%
Annual Management Charge 0.5%

Fund management breakdown

Manager Company Neuberger Berman
Fund Type Open Ended Investment Company
Benchmark Event Driven
Domicile IRL
For Sale in Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Luxembourg, Netherlands, Norway, Portugal, Sweden

Fund manager biographies

Name Joe Rotter
Since 26 October 2022
Bio

Fund objective

The Fund seeks to generate positive market neutral, absolute risk adjusted returns with low correlation to broader equity markets through utilising event driven strategies. Event driven strategies are based on announced or anticipated events or a series of events and on investing in the securities of companies that could be affected by the occurrence of such events. There can be no guarantee that the Fund will ultimately achieve its investment objective. The Fund will take both long and synthetic short positions in global equity securities utilising event driven strategies. The Fund will take long positions in respect of equity securities that it expects to increase in value and take synthetic short positions in respect of equity securities that it expects to decrease in value. Additionally, the following sub-strategies will be implemented within the Fund:  Risk-Arbitrage: Risk arbitrage concentrates on investments in the securities of companies that are involved in a takeover or merger.  Market Neutral Catalyst: The Market neutral catalyst strategy focuses on investments in anticipation of a corporate catalyst i.e. events such as corporate reorganisations, major litigation, management changes and significant asset sales, which can have a significant impact on the valuation of securities issued by the issuers which are subject to these events.  Equity Capital Markets: The Fund may also invest in new issue and secondary issued equity securities.