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Global Flexible Credit Fund

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Funds > Fixed Income > Global Flexible Credit Fund

Global Flexible Credit Fund

A relative value, credit-focused strategy with flexibility to invest across sectors, rating cohorts and geographies in order to generate income and attractive total return. There is no guarantee that the investment objective will be achieved and capital invested is at risk.

  • Conviction based, relative value approach to credit asset allocation that is adaptive to changing markets
  • Diversified credit portfolio backed by fundamentally driven research and sector expertise
  • Highly experienced Portfolio Management team supported by the depth, breadth and global perspective of Neuberger Berman’s Fixed Income Platform of over 170 fixed income investment professionals located in 8 cities on 3 continents*.

Update on Russian Investments in Fixed Income Portfolios

Neuberger Berman stands with the people of Ukraine and those who are supporting the refugees of this tragedy. Across Neuberger Berman, we have very limited exposure to Russian investments. While we generally prefer engagement to blanket divestment, given current circumstances, we will not invest directly in Russian securities or assets, and we will eliminate our very modest remaining exposures as we are able.

Additional information about the specific exposure for the Neuberger Berman UCITS Funds is available here.


This is a marketing communication in respect of the Neuberger Berman Global Flexible Credit Fund. Please refer to the prospectus of the fund and to the KIID before making any final investment decisions. Investors should note that by making an investment they will own shares in the fund, and not the underlying assets.

The fund fully complies with the Sustainable Finance Disclosure Regulation (the “SFDR”) and is classified as an Article 8 SFDR fund. Neuberger Berman take sustainability and the promotion of Environmental, Social, Governance (“ESG”) very seriously and incorporates them into our investment process. For more information on sustainability-related aspects pursuant to SFDR please visit ESG Investing section on www.nb.com/europe. When making the decision to invest in the fund, investors should take into account all the characteristics or objectives of the promoted fund as described in the legal documents.

Key Risks

Market Risk: The risk of a change in the value of a position as a result of underlying market factors, including among other things, the overall performance of companies and the market perception of the global economy.
Liquidity Risk: The risk that the fund may be unable to sell an investment readily at its fair market value. In extreme market conditions this can affect the fund’s ability to meet redemption requests upon demand.
Credit Risk: The risk that bond issuers may fail to meet their interest repayments, or repay debt, resulting in temporary or permanent losses to the fund. Interest Rate Risk: The risk of interest rate movements affecting the value of fixed-rate bonds.
Derivatives Risk: The fund is permitted to use certain types of financial derivative instruments (including certain complex instruments). This may increase the fund’s leverage significantly which may cause large variations in the value of your share. Investors should note that the fund may achieve its investment objective by investing principally in Financial Derivative Instruments (FDI). There are certain investment risks that apply in relation to the use of FDI.
Counterparty Risk: The risk that a counterparty will not fulfil its payment obligation for a trade, contract or other transaction, on the due date.
Operational Risk: The risk of direct or indirect loss resulting from inadequate or failed processes, people and systems including those relating to the safekeeping of assets or from external events.
Currency Risk: Investors who subscribe in a currency other than the base currency of the fund are exposed to currency risk. Fluctuations in exchange rates may affect the return on investment.

RISK AND REWARD PROFILE

For full information on the risks please refer to the fund prospectus and KIID

For full information on the risks please refer to the fund prospectus and KIID

For full information on the risks please refer to the fund prospectus and KIID.


PAST PERFORMANCE DOES NOT PREDICT FUTURE RETURNS

Fund performance is representative of the share class specified in the Fund Facts section and has been calculated to account for the deduction of fees. Fund performance does not take account of any commission or costs incurred by investors when subscribing for or redeeming shares. Investors who subscribe in a currency other than the base currency of the Fund should note that returns may increase or decrease as a result of currency fluctuations. The fees and charges paid by the Fund will reduce the return on your investment. Where a benchmark is shown, the benchmark shown is provided in the base currency of the fund and therefore may not be a fair representative comparison to the hedged share classes denominated in other currencies. The difference in the currency exposure and currency fluctuations in an unhedged benchmark may cause an unintended differential in any performance or risk comparison. The Fund is actively managed, which means that the investments are selected at the discretion of the investment manager. The Fund does not have a benchmark.

Pricing/Performance

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12 Month Periods Performance
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Neuberger Berman Global Flexible Credit Fund USD I Accumulating Class - - - - - - - - - -7.49

Product Characteristics

As of

Management Team

David M. Brown, CFA
Co-Head of Global Investment Grade Fixed Income
31 Years of Industry Experience
19 Years with Neuberger Berman
Joseph P. Lynch
Global Head of Non-Investment Grade Credit
26 Years of Industry Experience
20 Years with Neuberger Berman
Norman Milner
Senior Portfolio Manager
27 Years of Industry Experience
7 Years with Neuberger Berman