Select Your Location
View available investments and insights in your market
Americas
Europe and the Middle East
Asia Pacific

Next Generation Connected Consumer ETF

The content you are trying to access is not available for the global audience. It is available in United States.
NBCC | Next Generation Connected Consumer ETF
Investing in companies we believe will benefit from early-stage consumer trends primed for mass adoption
NET ASSET VALUE
$19.62
As of 11/28/22
1 DAY NAV CHANGE
$-0.24(-1.2%)
As of 11/28/22
NET EXPENSE RATIO1
0.55%
GROSS EXPENSE RATIO1
0.65%
Seek returns by utilizing data science to identify nascent consumer megatrends primed for mass adoption, and invest in companies with potential to commercially benefit.
Megatrend
Bellwether
Mine the behaviors of digitally native generations Y & Z, proven leading indicators of future megatrends
Significant Commercial Opportunity
Consumer spend of Gen Y & Z expected to grow from 29% to 54% in the next 15 years2
Exponential Growth in Consumer Data3
29bn connected devices process more data than ever, which can be leveraged into actionable consumer insights4
Proprietary Data Science Insights
Sophisticated NB data analytics seek to identify verifiable growth opportunities
FUND DETAILS
As of 11/25/22
Total Net Assets
As of 11/25/22
$4.97 million
Ticker
NBCC
CUSIP
64135A309
ISIN
US64135A3095
Exchange
NYSE ARCA
INCEPTION DATE
04/06/22
Asset Class
Equities
Reference Benchmark
MSCI AC World Index (Net)
Distribution Frequency
Annually
Creation Basket Size (In Shares)
25,000
Shares Outstanding
As of 11/25/22
250,001
Number of Holdings
As of 11/25/22
41
PERFORMANCE & DISTRIBUTIONS
PRICE & TRADING CHARACTERISTICS
As of 11/25/22
NAV
$19.86
Closing Price (4PM)
$19.95
Premium/Discount ($)
$0.09
Premium/Discount (%)
0.46%
Daily Volume
30-Day Average Volume
14
30-Day Median Bid/Ask Spread
0.26%

Net Asset Value is determined at the close of each business day, and represents the dollar value of one share of the Fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. ETF investors should not expect to buy or sell shares at NAV.

Premium/Discount: The amount the Fund’s closing price is trading above or below the reported NAV, expressed as a percentage of the NAV. When the Fund’s closing price is greater than the Fund’s NAV, it is said to be trading at a “premium” and the percentage is expressed as a positive number. When the Fund’s closing price is less than the Fund’s NAV, it is said to be trading at a “discount” and the percentage is expressed as a negative number.

30 Day Bid/Ask Spread: The median bid-ask spread (expressed as a percentage rounded to the nearest hundredth) is calculated by identifying the national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified.

30-Day Average Volume (Shares): The average number of shares traded in a security across all U.S. exchanges over the last 30 calendar days. Because ETFs trade like stocks at current market prices, shareholders may pay more than a Fund’s NAV when purchasing fund shares and may receive less than a Fund’s NAV when selling Fund shares. The premium and discount information contained on this website represents past performance and cannot be used to predict future results.

HISTORICAL PREMIUM/DISCOUNT
PORTFOLIO HOLDINGS
  • Top 10 Holdings
  • Sector Allocation
  • Geographic Breakdown
  • As of
FEES
Annual Fund Operating Expenses
Management Fee
0.65%
Other Expenses
0.00%
Gross Expense Ratio
0.65%
Fee Waiver*
0.10%
Net Expense Ratio
0.55%

*Neuberger Berman Investment Advisers LLC, the investment manager to the Fund, has contractually agreed to waive a portion of its management fee through 04/08/2023. Please see the Fund’s prospectus for additional details.

*Neuberger Berman Investment Advisers LLC, the investment manager to the Fund, has contractually agreed to waive a portion of its management fee through 04/08/2023. Please see the Fund’s prospectus for additional details.

Team
Hari Ramanan
CIO of Global Research Strategies
New York
Timothy F. Creedon, CFA
Director, Global Equity Research
New York
Kevin McCarthy
Senior Research Analyst
New York
Hari Ramanan, CIO of Global Research Strategies

Hari Ramanan, Managing Director, joined the firm in 2019. Hari is a Portfolio Manager and CIO of Global Research Strategies at Neuberger Berman and leads the investing activities of the firm’s research-centric core and thematic funds. Prior to joining Neuberger Berman, Hari was Managing Partner of Valarc Holdings, a long-biased hedge fund backed by endowments and foundations to invest in a concentrated portfolio of globally traded equities that it looked to own for multiple years. In addition, the firm opportunistically took short positions in individual companies globally. Before founding Valarc in 2014, he served as a Portfolio Manager and Head of International Equities at Eminence Capital, a $7 billion equity long-short investment firm investing in quality companies globally. He joined Eminence in 2007 with a mandate to spearhead the firm’s international investing efforts. Prior to Eminence, Hari was a Managing Director and Portfolio Manager at Basso Capital, a multi-strategy investment firm in Connecticut where he focused on European equity and distressed debt investments. Hari began his career at Lehman Brothers Private Equity Division in New York. He subsequently worked for Advent International, the global private equity firm, in London and focused on European buyouts. Hari earned his Bachelor of Arts, magna cum laude, in Mathematics and Economics from Knox College in 2000. Hari served on the Board of Trustees of Knox College and its Investment Committee from 2009 to 2019.

Timothy F. Creedon, CFA, Director, Global Equity Research
Timothy Creedon, CFA, Managing Director, joined the firm in 2005 and has been the Director of Research for the Global Equity Research Department since 2011. Tim previously served as an equity analyst covering Consumer companies for the firm. Before that, he worked at Lehman Brothers, also covering consumer stocks, and worked in the Private Equity group at Lehman Brothers, where he was responsible for analyzing and executing investments in early-stage telecom/media companies. Tim began his career at Merrill Lynch, where he worked in Investment Banking, covering the Communications industry. He is a CFA charterholder and graduated magna cum laude from Georgetown University’s School of Foreign Service with a concentration in International Economics. Tim is a member of the firm’s Operating Committee and Investment Risk Committee, and he also serves on the Board of Room to Grow in New York City.
Kevin McCarthy, Senior Research Analyst
Kevin McCarthy, Senior Vice President, joined the firm in 2004. Kevin is a member of the Global Equity Research Department, covering Consumer Discretionary. He is also Portfolio Manager for Neuberger Berman Connected Consumer ETF (NBCC). Kevin began his career at Prudential Equity Group where he spent four years on the sell-side as an associate covering Gaming, Lodging and Leisure. He earned a Bachelor of Arts degree from Colgate University and an MBA from Columbia University.
John San Marco, CFA
Senior Research Analyst
New York
Kai Cui, PhD
Head of Equity Data Science
New York
John San Marco, CFA, Senior Research Analyst
John San Marco, CFA, Senior Vice President, joined the firm in 2014. John is a Senior Research Analyst in the Global Equity Research Department, covering retail and e-commerce. He is also a Portfolio Manager for Neuberger Berman Connected Consumer ETF (NBCC). He was named a TopGun Investment Mind by Brendan Wood International in 2021 and has made numerous media appearances to discuss the consumer sector, including on CNBC, WSJ, and Barron’s. Previously, he was an equity analyst at Janney Montgomery Scott between 2008-2014, where Institutional Investor recognized him as a “Rising Star” in the consumer goods sector. Before that, he worked for Wells Fargo (formerly Wachovia) for two years each in the credit capital markets division and the equity research department, analyzing securities across the capital structure in the consumer sector. John earned a BS from Fordham University and is a CFA Charterholder.
Kai Cui, PhD, Head of Equity Data Science
Kai Cui, PhD, Managing Director, joined the firm in 2018. Kai leads Neuberger Berman's team of data scientists and data analysts, and collaborates with business units across asset classes to integrate data science and data insights in investment research and strategies. Prior to joining Neuberger Berman, Kai was a data scientist and Head of Point72 Aperio Modeling at Point72 Asset Management, where he focused on big data and advanced data analytics in long/short equity research. Kai began his career at Validus, a reinsurance and insurance-linked securities manager. Kai received a BS in Biology and Mathematics from Tsinghua University and a PhD in Statistics from Duke University.
Blogs
READ MORE

Literature

Review the latest fund information in the below documents.

Download Email Fund Materials
Download
0