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Diversified Currency Fund

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Funds > Fixed Income > Diversified Currency Fund

Diversified Currency Fund

An actively managed absolute return strategy that invests in liquid currencies following a fundamental investment process

  • Absolute return investment objective with minimal duration risk
  • Fundamental investment process with a highly diversified set of factors driving return potential
  • Ability to add value during both bull and bear markets in other asset classes
  • Different from more traditional FX investment approaches dominated by carry and momentum
  • Offers diversification benefit in a multi-asset class portfolio

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.
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.
Interest Rate Risk: The risk of interest rate movements affecting the value of fixed-rate bonds.
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. The past performance shown is based on the fund and is not specific to the share class. If the currency of the fund is different from your local currency, then you should be aware that due to exchange rate fluctuations the performance shown may increase or decrease if converted into your local currency.


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Product Characteristics

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Ugo Lancioni
Head of Global Currency
25 Years of industry experience
13 Years with Neuberger Berman