Your use of this website is subject to these Terms of Use, the Important Information, our Privacy Statement and any other terms, conditions, notices or disclaimers displayed on the website (“Website Terms”). The Website Terms apply to every page on the website, whether or not such pages contain these Website Terms. Please read these terms carefully before you start to use the website. By using the website, you will be deemed to accept the Website Terms and agree to be bound by them. . If you do not agree to these terms, please refrain from using the website.

About Neuberger Berman Australia Ltd

This website is operated by Neuberger Berman Australia Ltd (“NB Australia”).

NB Australia is a company incorporated under the laws of Victoria, Australia with its principal place of business in Australia at Level 14, 500 Collins Street, Melbourne, Victoria 3000, Australia. NB Australia is the holder of Australian Financial Services Licence No. 391401.

Intended Users and US Persons

Access to the information contained on this website is intended solely for persons in Australia who are wholesale clients as defined in section 761G of the Corporations Act and who are accessing this website from within Australia. If you are not resident in Australia, please do not use this website. You must not distribute or pass on information on this website, which is marked as intended solely for wholesale clients, to any person who is not a wholesale client.

This website does not constitute an offer or solicitation and is not directed at you if NB Australia is prohibited by any law of any jurisdiction from making the information on this website available to you and is not intended for any use that would be contrary to local law or regulation. No products and services mentioned on this website must be promoted in any jurisdiction where this would not be permitted.

This website is not aimed at any US Person (as defined by Regulation S of the US Securities Act 1933) and is not to be used by persons in the United States or US Persons. It does not constitute an offer to sell or solicitation of an offer to buy, or an invitation to subscribe for or buy, securities in the United States. By accessing this website, you represent, warrant and agree that you are not a US Person, a resident of the US, currently located in the US or a person acting on account of a US Person.

No Investment, Legal or Tax Advice

This website does not constitute investment, legal or tax advice with respect to our products and services and it is important that you do not rely on its content when making an investment decision. The information on this website is general information only and does not take into account your individual objectives, financial situation or needs. No recommendation or advice is being given as to whether any investment or strategy referred to on this website is suitable for you. You should obtain relevant and specific professional advice before making any decision to enter into an investment transaction. NB Australia will not treat users of the website as its clients by virtue of them accessing it.

Past performance is not indicative of future results. The value of investment funds and the income therefrom may go down as well as up and you may not get back the original amount invested. Your capital could be at risk. You may not make money from your investments and you may lose money. Exchange rates may cause the value of overseas investments and the income therefrom to rise and fall. NB Australia does not guarantee any particular rate or return, the performance of any investment or the repayment of capital from any investment.

Third Party and Other Information

NB Australia does not represent that the information on this website, including any third party information, is accurate or complete and it should not be relied upon as such. Certain information contained on this website (including any forward-looking statements and economic and market information) has been obtained from published sources and/or prepared by third parties and may not be current. While such sources are believed to be reliable, NB Australia, each of its officers, employees and affiliates do not assume any responsibility for the accuracy or completeness of such information. Any views or opinions expressed may not reflect those of NB Australia, or any of its officers, employees and affiliates as a whole.

The information expressed on this website is subject to change without notice.

Your Use of the Website

You must NOT use the website (or permit or procure others to use it) as follows:

• for any unlawful, improper or illegal purpose or activity;
• to communicate or receive information that is obscene, indecent, pornographic, sadistic, cruel, or racist in content, of a sexually explicit or graphic nature, which promotes or incites discrimination, hatred or racism or which might be legally actionable for any reason;
• in a manner intended to threaten, harass, or intimidate;
• to violate NB Australia’s or any third party's copyright, trademark, proprietary or other intellectual property rights;
• to damage NB Australia's name or reputation or that of our affiliated companies or any third parties;
• to impersonate any of our employees or other person or use a false name while using our website or implying an association with us;
• to penetrate our security measures or other entities' systems ("hacking");
• to transmit unsolicited voluminous emails (for example, spamming) or to intercept, interfere with or redirect email intended for others using our website;
• to generate excessive amounts of internet traffic, to interfere with our network or other's use of our website or to engage in activities designed to or having the effect of degrading or denying service to users of our website or others;
• to introduce viruses, worms, harmful code and/or Trojan horses onto the internet or into our website or any other entity's systems and it is your responsibility to ensure that whatever you download or select for your use from our website is free from such items;
• to post or transmit information that is defamatory, fraudulent or deceptive, including but not limited to scams such as "make-money-fast" schemes or "pyramid/chain" letters;
• to transmit confidential or proprietary information, except solely at your own risk; and/or
• to do any other thing that may interfere with or interrupt the use of the website by any other person or otherwise interfere or interrupt

When using the website, you must comply with all applicable local, national and international laws and regulations, including those related to data privacy, international communications and exportation of technical or personal data. It may be illegal to download the information contained on the website in certain countries and we and our affiliated companies disclaim all responsibility if you download any information from the website in breach of any law or regulation of the country in which you reside.

Your Access

We may, in our absolute discretion, and without any liability or giving any reason to you, terminate, suspend or restrict your access or use of part or all of the website if we consider that you have breached any of the Website Terms or if we otherwise consider it necessary in order for the proper functioning of the website.

Intellectual Property Rights

All copyright and other intellectual property rights subsisting in this website (including all content on this website) is owned by NB Australia or our licensors. Provided that you are legally entitled to access the material and you retain all copyright and other proprietary notices, you may download or print individual sections of the website for your personal use and information. You may not reproduce (in whole or in part), transmit (by electronic means or otherwise), modify, link into or use for any public or commercial purpose the website (including any content on the website) without the prior written permission of NB Australia.

Nothing on this website should be construed as granting any licence or right in relation to any of our trademarks or those of our affiliated companies or any third party.

You grant to NB Australia, a non-exclusive, irrevocable, perpetual, worldwide, royalty-free, transferable licence to use, reproduce, modify, adapt, publish or communicate to the public all information you provide to us for the reasonable purposes of our business and to permit third parties to do those things for us. You consent to any act or omission that would otherwise infringe any of your rights (including your moral rights) in information you provide to us.

You warrant that you have the right to grant the above licence, that our exercise of the licence rights will not infringe the rights (including intellectual property rights) of any person and does not breach any law.

No Warranty

The website, including information and materials contained in the website, text, graphics, software, links and other items are provided "as is" and/or "as available". NB Australia does not warrant the accuracy, adequacy, completeness, timeliness or availability of the website, and expressly disclaims liability for errors or omissions in the website. To the maximum extent permitted by law, NB Australia expressly disclaims any implied statutory guarantees and any express or implied warranties of any kind, including any warranties of merchantability, fitness for a particular purpose or non-infringement in conjunction with the website.

Limitation of Liability

To the maximum extent permitted by law, NB Australia and each of its officers, employees and affiliates, excludes all liability for any damages, including, without limitation, direct or indirect, special, incidental, or consequential damages, losses or expenses arising in connection with the website or use thereof or the inability by any party to use such website, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure, even if NB Australia, or representatives thereof, are advised of the possibility of such damages, losses or expenses.

Weblinks

No company or person may link their website to this website or any affiliated site without the written permission of NB Australia.

Where a link to a non-Neuberger Berman website exists, to the extent permitted by applicable law, NB Australia does not accept responsibility for the content of such website nor the products, services or other items offered through that website.

Cookies

We may use cookies to track your visits to this website as it enables us to simplify any future visits. If you do not wish to have cookies stored on your computer, you should disable them in your browser's security options.

Data Privacy

Please read our Privacy Statement before providing NB Australia with any personal information on this website. By accessing this website or providing any personal information to us, you will be deemed to have read and accepted our Privacy Statement.

Law and Variation

This website shall be governed by, and your browsing in and use of this website shall be deemed acceptance of, the laws of Victoria, Australia. A condition of using this website is that in the event of any dispute or proceeding you irrevocably submit to the exclusive jurisdiction of the courts of Victoria, Australia and waive any objection to proceedings in such courts on the grounds of venue or on the grounds that the proceedings have been brought in an inconvenient forum.

NB Australia may revise the Website Terms at any time by publishing an updated version on the website. You are expected to check this page from time to time to take notice of any changes NB Australia makes, as they are binding on you.

Each time you use this website, you will be deemed to accept the then current Website Terms and agree to be bound by them.

About Neuberger Berman

This website is operated by Neuberger Berman Europe Limited (“NBEL”). NBEL is registered in the United Kingdom with company number 05463227 and with its registered office at The Zig Zag Building, 70 Victoria Street, London, SW1E 6SQ, United Kingdom. NBEL is authorised and regulated by the Financial Conduct Authority ("FCA") and is entered on the FCA register (Register Number 442488). NBEL’s VAT number is 986032208.

Certain investment products and/or funds referred to on this website are managed and/or advised by NBEL's subsidiary Neuberger Berman Asset Management Ireland Limited ("NBAMIL") and the services and investment products and/or funds managed by NBEL and its Affiliates may, subject to compliance with applicable law, be offered in Europe by NBAMIL. NBAMIL is incorporated in Ireland under the Irish Companies Act 2014 with registration number 629805. Its registered office is at 2 Central Plaza, Dame Street, Dublin, D02 T0X4, Ireland. NBAMIL is authorised by the Central Bank of Ireland pursuant to the European Union (Alternative Investment Fund Managers) Regulations 2013, as amended.

General enquiries about the day to day operation of services by NB Europe (as defined below) should be directed to the NB Europe client services team on telephone +44 (0)20 3214 9096 or sent to clientservices@nb.com or such other address as NB Europe may notify to you. Please note that calls may be recorded for the purposes of compliance with record keeping and reporting obligations.

Definitions

• “Affiliates” means any person or entity controlling, controlled by or under common control with the relevant party.
• "KIID" means Key Investor Information Document as defined in Directive 2009/65/EC on UCITS IV and Commission Regulation 583/2010.
• "NB Europe" means NBEL and NBAMIL.
• "OEIC Fund" means TM Neuberger Berman Investment Funds.
• "OEIC Regulations" means the UK Open-Ended Investment Companies Regulations 2001.
• “QIAIF" means Qualifying Investor Alternative Investment Fund.
• "QIAIF Fund" means Neuberger Berman Investment Funds II plc.
• "UCITS" means Undertaking for Collective Investment in Transferable Securities.
• "UCITS Fund" means Neuberger Berman Investment Funds plc.

Privacy Policy

NB Europe is committed to protecting and safeguarding your personal data. Our Privacy Policy is designed to help you understand the type of personal data we collect and what we do with it. By using this website and by transferring your personal data to us, you understand and agree that this data will processed in accordance with the terms of our Privacy Policy.

Investment Information

The information contained on this website is designed solely for Professional Clients (as defined under the FCA Rules). If you are not a Professional Client, you should not proceed any further. The content of this site should not be looked at or distributed to Retail Clients (as defined under the FCA Rules).

Certain products and services mentioned on this website may not be eligible for sale in some countries and they may not be suitable for all types of investors. This website does not constitute an offer or solicitation and is not directed at you if NB Europe is prohibited by any law of any jurisdiction from making the information on this website available to you and is not intended for any use that would be contrary to local law or regulation. It is your responsibility to be aware of and comply with any relevant laws or regulations applicable in your jurisdiction. No products and services mentioned on this website must be promoted in any jurisdiction where this would not be permitted.

This website does not constitute investment, legal or tax advice with respect to the products and services and it is important that you do not rely on its content when making an investment decision. You should obtain relevant and specific professional advice before making any decision to enter into an investment transaction. NB Europe does not represent that the information on this website, including any third-party information, is accurate or complete and it should not be relied upon as such.

Past performance is not indicative of future results and there is no guarantee that the market price of the shares or units will fully reflect their underlying net asset value. There is also no guarantee that the investment objective will be achieved. The value of investment funds and the income therefrom may go down as well as up and you may not get back the original amount invested. Your capital could be at risk. You are not certain to make money from your investments and you may lose money. Exchange rates may cause the value of overseas investments and the income therefrom to rise and fall.

The levels and bases of and reliefs from taxation may change. Any tax reliefs referred to are those currently available and their value depends on the circumstances of the individual investor. Investors should consult their own tax adviser in order to understand any applicable tax consequences.

United States

The investment products described on this website have not been registered under the US Securities Act 1933, as amended. Furthermore, the funds may only be offered or sold to investors that are not deemed to be “US Persons” in accordance with the relevant fund’s prospectus. Consequently, this website is not aimed at any US Person and does not constitute an offer to or solicitation to buy any securities in the USA. The information on this website is directed solely at persons in jurisdictions where the funds and relevant share classes are registered or who may otherwise lawfully receive it. Before investing, investors should review the relevant fund’s full prospectus, together with the applicable KIID and the most recent financial statements. Copies of these documents, including the latest annual report and, if issued thereafter, the latest semi-annual report, may be obtained free of charge from this website or in printed form by contacting the local distributor in the jurisdictions in which the funds are authorised for distribution. Any entity responsible for forwarding this material to other parties takes responsibility for ensuring compliance with applicable securities laws.

Switzerland

For investors with residence or domicile in Switzerland, this website is exclusively directed at qualified investors, according to the Swiss Collective Investment Schemes Act ("CISA") and the Swiss Collective Investment Schemes Ordinance ("CISO"). A qualified investor is defined pursuant to CISA as: regulated financial intermediaries (such as banks, securities dealers, fund management companies and managers of funds, as well as central banks); regulated insurance institutions; public law entities and retirement benefit institutions with professional treasury management; companies with professional treasury management; certain high net worth individuals; and investors who have concluded a written discretionary asset management agreement with a regulated financial intermediary or with an independent asset manager (subject to certain conditions).

UCITS Disclaimer

The UCITS Fund is authorised by the Central Bank of Ireland as an UCITS under the European Communities UCITS Regulations 2011 (S.I. 253 of 2011) of Ireland, as amended.

Please see the link to the country registration matrix to check where all the sub-funds are registered.

Country Registration Matrix

Certain sub-funds of the UCITS Fund mentioned on this website may not be eligible for sale in some countries and they may not be suitable for all types of investors. This website is not intended to distribute or offer or solicit the sale of shares or units in the UCITS Fund and any jurisdiction in which such distribution, or offer or solicitation would be considered contrary to local law or regulation.

NBEL may from time to time register existing funds in new jurisdictions and launch new sub-funds; it may also launch new funds. Please contact your local representative (see Contacts tab) to confirm the latest registration status of the UCITS Fund(s).

Subscriptions will only be received and shares issued on the basis of the current prospectus and KIID for the UCITS Fund. It is your responsibility to use such prospectus and KIID and by making an application you will be deemed to represent that you have read such prospectus and agree to be bound by its contents. Copies of the prospectus, KIID and the report and accounts can be obtained from this website. Additional information, such as factsheets, on this website has been prepared by NBEL in its capacity as investment manager of the UCITS Fund and is believed to be reliable but there is no guarantee as to the adequacy, accuracy or completeness. This website does not constitute investment advice. Past performance is not indicative of future results.

By clicking the box below, you confirm that you are from an eligible jurisdiction to review material relating to the UCITS Fund (or are authorised to conduct investment business in the jurisdiction within which you are resident and under the law of that jurisdiction, you are authorised to view material relating to collective investment schemes).

QIAIF Disclaimer

The QIAIF Fund is authorised by the Central Bank of Ireland as an open-ended umbrella fund with segregated liability between sub-funds incorporated as a variable capital investment company in Ireland, pursuant to Part 24 of the Companies Act 2014 and the Alternative Investment Fund Managers Regulations 2013. The QIAIF Fund is a QIAIF is solely intended for Qualifying Investors (as defined in the QIAIF Fund prospectus).

Certain sub-funds of the QIAIF Fund mentioned on this website may not be eligible for sale in some countries and they may not be suitable for all types of investors. This website is not intended to distribute or offer or solicit the sale of shares or units in the QIAIF Fund and any jurisdiction in which such distribution, or offer or solicitation would be considered contrary to local law or regulation.

NBAMIL may from time to time register existing funds in new jurisdictions and launch new sub-funds; it may also launch new funds. Please contact your local representative (see Contacts tab) to confirm the latest registration status of the QIAIF Fund(s).

Subscriptions will only be received and shares issued on the basis of the current prospectus for the QIAIF Fund. It is your responsibility to use such prospectus and by making an application you will be deemed to represent that you have read such prospectus and agree to be bound by its contents. Copies of the prospectus can be obtained from this website. Additional information, such as factsheets, on this website has been prepared by NBAMIL and is believed to be reliable but there is no guarantee as to the adequacy, accuracy or completeness. This website does not constitute investment advice. Past performance is not indicative of future results.

By clicking the box below, you confirm that you are from an eligible jurisdiction to review material relating to the QIAIF Fund (or are authorised to conduct investment business in the jurisdiction within which you are resident and under the law of that jurisdiction, you are authorised to view material relating to collective investment schemes).

UK OEIC Disclaimer

The OEIC Fund is an open-ended investment company with variable capital incorporated in England and Wales and authorised by the Financial Conduct Authority on 29 January 2019. The OEIC Fund is structured as a UCITS scheme and an umbrella company for the purposes of the OEIC Regulations. The OEIC Fund’s registered number is IC003108 and its FCA Product Reference Number (PRN) is 832272.

The authorised corporate director of the OEIC Fund is Thesis Unit Trust Management Limited, Exchange Building, St John’s Street, Chichester, West Sussex, PO19 1UP. Authorised and regulated by the FCA.

Certain sub-funds of the OEIC Fund mentioned on this website may not be eligible for sale in some countries and they may not be suitable for all types of investors. This website is not intended to distribute or offer or solicit the sale of shares or units in the OEIC Fund and any jurisdiction in which such distribution, or offer or solicitation would be considered contrary to local law or regulation.

NBEL may from time to time register existing funds in new jurisdictions and launch new sub-funds; it may also launch new funds. Please contact your local representative (see Contacts tab) to confirm the latest registration status of the OEIC Fund(s).

Subscriptions will only be received and shares issued on the basis of the current prospectus and KIID for the OEIC Fund. It is your responsibility to use such prospectus and KIID and by making an application you will be deemed to represent that you have read such prospectus and agree to be bound by its contents. Copies of the prospectus, KIID and the report and accounts can be obtained from this website. Additional information, such as factsheets, on this website has been prepared by NBEL and is believed to be reliable but there is no guarantee as to the adequacy, accuracy or completeness. This website does not constitute investment advice. Past performance is not indicative of future results.

By clicking the box below, you confirm that you are from an eligible jurisdiction to review material relating to the OEIC Fund (or are authorised to conduct investment business in the jurisdiction within which you are resident and under the law of that jurisdiction, you are authorised to view material relating to collective investment schemes).

Unlawful or Prohibited Use

This page sets out the terms on which you may make use of this website and apply to every page on the website, whether or not such pages are individually disclaimed. Please read these terms carefully before you start to use the website. By using the website, you have indicated that you accept these terms and that you agree to abide by them. If you do not agree to these terms, please refrain from using the website.

You must NOT knowingly or recklessly use the website (or permit or procure others to use it) as follows:

• for any unlawful, improper or illegal purpose or activity;
• to communicate or receive information that is obscene, indecent, pornographic, sadistic, cruel, or racist in content, of a sexually explicit or graphic nature, which promotes or incites discrimination, hatred or racism or which might be legally actionable for any reason;
• in a manner intended to threaten, harass, or intimidate;
• to violate NB Europe's or any third party's copyright, trademark, proprietary or other intellectual property rights;
• to damage NB Europe's name or reputation or that of our affiliated companies or any third parties;
• to impersonate any of our employees or other person or use a false name while using our site or implying an association with us;
• to penetrate our security measures or other entities' systems ("hacking") or attempt to do so;
• to transmit unsolicited voluminous emails (for example, spamming) or to intercept, interfere with or redirect email intended for others using our site;
• to generate excessive amounts of internet traffic, to interfere with our network or other's use of our site or to engage in activities designed to or having the effect of degrading or denying service to users of our site or others;
• to transmit any viruses, worms, harmful code and/or Trojan horses onto the internet or into our site or any other entity's systems and it is your responsibility to ensure that whatever you download or select for your use from our site is free from such items;
• to post or transmit information that is defamatory, fraudulent, untruthful, inaccurate, a misrepresentation of your identity or deceptive, including but not limited to scams such as "make-money-fast" schemes or "pyramid/chain" letters; and/or
• to transmit confidential or proprietary information, except solely at your own risk.

When using the website, you must comply with all applicable local, national and international laws and regulations, including those related to data privacy, international communications and exportation of technical or personal data. It may be illegal to download the information contained on the website in certain countries and we and our affiliated companies disclaim all responsibility if you download any information from the website in breach of any law or regulation of the country in which you reside.

Intellectual Property Rights

The entire contents of this website are subject to copyright with all rights reserved and protected by law. You may download or print individual sections of the website strictly for your personal use and information only provided that you retain all copyright and other proprietary notices. You may not otherwise reproduce (in whole or in part), copy, alter, transmit (by electronic means or otherwise), modify, link into or use for any public or commercial purpose the site without the prior written permission of NB Europe and you may not in any circumstances scrape this website or carry out any sort of similar activity in relation to this website.

Nothing on this website should be construed as granting any licence or right in relation to any of our trademarks or those of our affiliated companies or any third party.

No Warranty

The website, including information and materials contained in the website, text, graphics, software, links and other items are provided "as is," "as available". Whilst we aim to update the website regularly, its content is provided for information purposes only and NB Europe does not warrant the accuracy, adequacy, completeness, timeliness or availability of the website, and expressly disclaims liability for errors or omissions in the website. There is no warranty of merchantability, no warranty of fitness for a particular purpose, no warranty of non-infringement, no warranty of any kind, implied, express or statutory, in conjunction with the website.

Limitation of Liability

To the fullest extent allowed by law, NB Europe and their affiliates, or any of their respective members, officers, directors or employees ("Related Persons") shall not be liable, whether in tort (including negligence) or otherwise howsoever, for any losses, damages, costs or expenses of whatever nature (including without limitation any consequential, indirect or unforeseeable loss or loss of bargain, opportunity or profit, as well as fees and expenses of legal counsel) (together, “Losses”) incurred or suffered by you or any third party arising out of or in connection with the access to, use of or inability to use, or linking to other websites or resources from, this website or reliance on any information contained on this website nor will NB Europe be liable in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure, even if NB Europe, or representatives thereof, are advised of the possibility of such damages, losses or expenses. Nothing in these terms shall limit our liability for death, personal injury or fraud resulting from any negligence of NB Europe.

As consideration for your access to and use of this website, you agree to indemnify and hold harmless NB Europe and its Related Persons from and against any and all Losses, including without limitation those related to any action by any third party against you, NB Europe or any of its Related Persons arising out of or in connection with your access to or use of this website or of any of the contents on this website or your non-compliance with these terms.

Nothing in these terms excludes or restricts any duty or liability that NB Europe may have under any applicable law or regulatory system which may not be excluded or restricted as a matter of applicable law.

Weblinks

No company or person may link their website to www.nb.com without the written permission of NB Europe.

Where a link to a non-NB Europe on this website, to the extent permitted by the FCA Rules, it is provided for your information only and NB Europe does not accept responsibility for any of the content of such website nor the products, services, resources or other items offered through that website or any Losses that may arise from your accessing or using them, nor should any links to such websites or resources be construed as an endorsement by NB Europe or its Related Persons of such websites, resources or the information contained on them.

Cookies Policy

Please consult NB Europe’s Cookies Policy which includes details on the use of performance, identification and targeting cookies (both our own and third parties') to enhance the functionality of this website, to enable us to monitor usage and to assist with future communications. A cookie is an element of data that a website can send to your browser, which may then store it on your system. NB Europe may use cookies in some of the pages of this website to record session information and for analysing traffic to the website. You can adjust settings on your browser so that you will be notified when you receive a cookie, giving you a choice to either refuse or accept it.

Termination

NB Europe has the right to terminate your access to this website at any time on giving notice to you and in any event if you commit any breach of these terms and conditions. NB Europe shall have no liability to you for such termination. In the event that your access to this website is terminated, the remaining provisions of these terms and conditions will continue to apply.

Amendments to these Terms

NB Europe may revise these terms of use at any time by amending these terms and conditions. You are expected to check these terms and conditions from time to time to take note of any changes to these terms.

Law and Variation

This website shall be governed by, and your browsing in and use of this website shall be deemed acceptance of, the laws of England and Wales. A condition of using this website is that in the event of any dispute or proceeding you irrevocably submit to the exclusive jurisdiction of the English Courts and waive any objection to proceedings in such courts on the grounds of venue or on the grounds that the proceedings have been brought in an inconvenient forum.

NB Europe may revise this Important Information at any time by amending this page. You are expected to check this page from time to time to take notice of any changes NB Europe makes, as they are binding on you. The views expressed on this website are the opinions of NB Europe and such opinions are subject to change without notice.

Each time you use this website, a condition of use is that you agree and comply with the above terms and conditions.

This page sets out the terms on which you may make use of this website and apply to every page on the website, whether or not such pages are individually disclaimed. Please read these terms carefully before you start to use the website. By using the website, you have indicated that you accept these terms and that you agree to abide by them. If you do not agree to these terms, please refrain from using the website.

About Neuberger Berman Asia Limited

This website is operated by Neuberger Berman Asia Limited (“NBAL”).

NBAL is a company incorporated under the laws of the Hong Kong Special Administrative Region (“Hong Kong”), with its principal place of business in Hong Kong at 20/F, Jardine House, 1 Connaught Place, Central, Hong Kong. NBAL is licensed and regulated by the Hong Kong Securities and Futures Commission to carry on Types 1 (dealing in securities), 4 (advising on securities) and 9 (asset management) regulated activities, as defined under the Securities and Futures Ordinance (“SFO”).

Intended Users and US Persons

The information contained on this website is designed solely for qualified investors and licensed intermediaries, including professional investors, institutional investors and accredited investors (as defined under the SFO). It is not intended for retail investors or for any person located outside of Hong Kong.

Products and services mentioned on this website may or may not be authorised or registered in your jurisdiction for retail distribution, or for distribution to any particular class of investors, and may or may not be suitable for all types of investors. This website does not constitute an offer or solicitation and is not directed at you if Neuberger Berman is prohibited by any law of any jurisdiction from making the information on this website available to you and is not intended for any use that would be contrary to local law or regulation. No products and services mentioned on this website must be promoted in any jurisdiction where this would not be permitted.

If you are not a qualified investor or licensed intermediary in Hong Kong, you should not proceed any further.

This website is not aimed at any US Person (as defined by Regulation S of the US Securities Act 1933) and is not for distribution and does not constitute an offer to or solicitation to buy any securities in the USA. By accessing this website, you agree that you are not a US Person, a resident of the US, currently located in the US or a person acting on account of a US Person.

No Investment, Legal or Tax Advice

This website does not constitute investment, legal or tax advice with respect to our products and services and it is important that you do not rely on its content when making an investment decision. The information on this website is general information only and does not take into account your individual objectives, financial situation or needs. No recommendation or advice is being given as to whether any investment or strategy referred to on this website is suitable for you. You should obtain relevant and specific professional advice before making any decision to enter into an investment transaction. NBAL will not treat users of the website as its clients by virtue of them accessing it.

Past performance is not indicative of future results. The value of investment funds and the income therefrom may go down as well as up and you may not get back the original amount invested. Your capital could be at risk. You are not certain to make money from your investments and you may lose money. Exchange rates may cause the value of overseas investments and the income therefrom to rise and fall.

UCITS Disclaimer

Neuberger Berman Investment Funds plc (the "Fund") is authorised by the Central Bank of Ireland (the "Financial Regulator") as an Undertaking for Collective Investment in Transferable Securities under the European Communities ("UCITS") Regulations 2011 (S.I. 253 of 2011) of Ireland, as amended.

The Sub-funds of the Fund and any other collective investment scheme appearing on this website may or may or may not be authorised or registered in your jurisdiction for retail distribution, or for distribution to any particular class of investors, and may or may not be suitable for all types of investors. This website does not constitute an offer or solicitation and is not directed at you if NBAL is prohibited by any law of any jurisdiction from making the information on this website available to you and is not intended for any use that would be contrary to local law or regulation.

NBAL may from time to time authorise or register new or existing sub-funds of the Fund or any other collective investment scheme or launch new share classes. Please contact your local representative to confirm the latest authorisation or registration status of any sub-fund or share class or collective investment scheme.

Subscriptions will only be received and shares issued on the basis of the current prospectus (including the Hong Kong covering document) for the Fund or collective investment scheme. It is your responsibility to read and understand the prospectus (and any supporting documents such as the latest reports and accounts). By making an application you will be deemed to represent that you have read such prospectus (including the Hong Kong Covering Document) and agree to be bound by its contents. Copies of the prospectus (including the Hong Kong Covering Document) and the report and accounts of the Fund or collective investment scheme can be obtained from this website. Additional information, such as factsheets or the composition of any dividend, on this website has been prepared by NBAL or its affiliates and is believed to be reliable but there is no guarantee as to the accuracy or completeness. This website does not constitute investment advice. Past performance is not indicative of future results.

Third Party and Other Information

NBAL does not represent that the information on this website, including any third party information, is accurate or complete and it should not be relied upon as such. Certain information contained on this website (including any forward-looking statements and economic and market information) has been obtained from published sources and/or prepared by third parties and may not be current. While such sources are believed to be reliable, NBAL, each of its officers, employees and affiliates do not assume any responsibility for the accuracy or completeness of such information. Any views or opinions expressed may not reflect those of NBAL, or any of its officers, employees and affiliates as a whole.

The information expressed on this website is subject to change without notice.

Your Use of the Website

You must NOT use the website (or permit or procure others to use it) as follows:

• for any unlawful, improper or illegal purpose or activity;
• to communicate or receive information that is obscene, indecent, pornographic, sadistic, cruel, or racist in content, of a sexually explicit or graphic nature, which promotes or incites discrimination, hatred or racism or which might be legally actionable for any reason;
• in a manner intended to threaten, harass, or intimidate;
• to violate NBAL’s or any third party's copyright, trademark, proprietary or other intellectual property rights;
• to damage NBAL's name or reputation or that of our affiliated companies or any third parties;
• to impersonate any of our employees or other person or use a false name while using our website or implying an association with us;
• to penetrate our security measures or other entities' systems ("hacking");
• to transmit unsolicited voluminous emails (for example, spamming) or to intercept, interfere with or redirect email intended for others using our website;
• to generate excessive amounts of internet traffic, to interfere with our network or other's use of our website or to engage in activities designed to or having the effect of degrading or denying service to users of our website or others;
• to introduce viruses, worms, harmful code and/or Trojan horses onto the internet or into our website or any other entity's systems and it is your responsibility to ensure that whatever you download or select for your use from our website is free from such items;
• to post or transmit information that is defamatory, fraudulent or deceptive, including but not limited to scams such as "make-money-fast" schemes or "pyramid/chain" letters;
• to transmit confidential or proprietary information, except solely at your own risk; and/or
• to do any other thing that may interfere with or interrupt the use of the website by any other person or otherwise interfere or interrupt with the operation of our business or the business of any of our related entities.

When using the website, you must comply with all applicable local, national and international laws and regulations, including those related to data privacy, international communications and exportation of technical or personal data. It may be illegal to download the information contained on the website in certain countries and we and our affiliated companies disclaim all responsibility if you download any information from the website in breach of any law or regulation of the country in which you reside.

Your Access

We may, in our absolute discretion, and without any liability or giving any reason to you, terminate, suspend or restrict your access or use of part or all of the website if we consider that you have breached any of these terms or if we otherwise consider it necessary in order for the proper functioning of the website.

Intellectual Property Rights

The entire contents of this website are subject to copyright with all rights reserved. You may download or print individual sections of the website for your personal use and information only provided that you are legally entitled to access the material and you retain all copyright and other proprietary notices. You may not reproduce (in whole or in part), transmit (by electronic means or otherwise), modify, link into or use for any public or commercial purpose the website without the prior written permission of NBAL.

Nothing on this website should be construed as granting any licence or right in relation to any of our trademarks or those of our affiliated companies or any third party.

No Warranty

The website, including information and materials contained in the website, text, graphics, software, links and other items are provided "as is" and/or "as available". NBAL does not warrant the accuracy, adequacy, completeness, timeliness or availability of the website, and expressly disclaims liability for errors or omissions in the website. To the maximum extent permitted by law, NBAL expressly disclaims any implied statutory guarantees and any express or implied warranties of any kind, including any warranties of merchantability, fitness for a particular purpose or non-infringement in conjunction with the website.

Limitation of Liability

To the maximum extent permitted by law, NBAL and each of its officers, employees and affiliates, excludes all liability for any damages, including, without limitation, direct or indirect, special, incidental, or consequential damages, losses or expenses arising in connection with the website or use thereof or the inability by any party to use such website, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure, even if NBAL, or representatives thereof, are advised of the possibility of such damages, losses or expenses.

Weblinks

No company or person may link their website to this website or any affiliated site without the written permission of NBAL. Where a link to a non-Neuberger Berman website exists, to the extent permitted by applicable law, NBAL does not accept responsibility for the content of such website nor the products, services or other items offered through that website.

Cookies

We may use cookies to track your visits to this website as it enables us to simplify any future visits. If you do not wish to have cookies stored on your computer, you should disable them in your browser's security options.

Data Privacy

Please read our Privacy Statement before providing NBAL with any personal information on this website. By providing any personal information on this website, you will be deemed to have read and accepted our Privacy Statement.

Law and Variation

This website shall be governed by, and your browsing in and use of this website shall be deemed acceptance of, the laws of Hong Kong. A condition of using this website is that in the event of any dispute or proceeding you irrevocably submit to the exclusive jurisdiction of the Hong Kong courts and waive any objection to proceedings in such courts on the grounds of venue or on the grounds that the proceedings have been brought in an inconvenient forum.

NBAL may revise these Terms of Use at any time by amending this page. You are expected to check this page from time to time to take notice of any changes NBAL makes, as they are binding on you.

Each time you use this website, a condition of use is that you comply with the above terms.

This page sets out the terms on which you may make use of this website and apply to every page on the website, whether or not such pages are individually disclaimed. Please read these terms carefully before you start to use the website. By using the website, you have indicated that you accept these terms and that you agree to abide by them. If you do not agree to these terms, please refrain from using the website.

About Neuberger Berman Asia Limited

This website is operated by Neuberger Berman Asia Limited (“NBAL”).

NBAL is a company incorporated under the laws of the Hong Kong Special Administrative Region (“Hong Kong”), with its principal place of business in Hong Kong at 20/F, Jardine House, 1 Connaught Place, Central, Hong Kong. NBAL is licensed and regulated by the Hong Kong Securities and Futures Commission to carry on Types 1 (dealing in securities), 4 (advising on securities) and 9 (asset management) regulated activities, as defined under the Securities and Futures Ordinance (“SFO”).

Intended Users and US Persons

The information contained on this website is intended for investors in Hong Kong only. If you are not resident in Hong Kong, please do not use this website.

This website does not constitute an offer or solicitation and is not directed at you if NBAL is prohibited by any law of any jurisdiction from making the information on this website available to you and is not intended for any use that would be contrary to local law or regulation. No products and services mentioned on this website must be promoted in any jurisdiction where this would not be permitted.

This website is not aimed at any US Person (as defined by Regulation S of the US Securities Act 1933) and is not for distribution and does not constitute an offer to or solicitation to buy any securities in the USA. By accessing this website, you agree that you are not a US Person, a resident of the US, currently located in the US or a person acting on account of a US Person.

No Investment, Legal or Tax Advice

This website does not constitute investment, legal or tax advice with respect to our products and services and it is important that you do not rely on its content when making an investment decision. The information on this website is general information only and does not take into account your individual objectives, financial situation or needs. No recommendation or advice is being given as to whether any investment or strategy referred to on this website is suitable for you. You should obtain relevant and specific professional advice before making any decision to enter into an investment transaction. NBAL will not treat users of the website as its clients by virtue of them accessing it.

Past performance is not indicative of future results. The value of investment funds and the income therefrom may go down as well as up and you may not get back the original amount invested. Your capital could be at risk. You are not certain to make money from your investments and you may lose money. Exchange rates may cause the value of overseas investments and the income therefrom to rise and fall.

General Risk Factors

• The portfolios referred to in this website may invest in equity, fixed-income securities and/or derivatives. Each portfolio may have a different risk profile.
• Investment involves risk and investor may lose the entire investment. Past performance is not indicative of future performance. All charts, data, opinions, estimates and other information are provided as of the date of this document and may be subject to change without notice.
• Certain portfolios may use financial derivative instruments (FDI) extensively for investment, efficient portfolio management and hedging purposes. Risks associated with FDI include counterparty/credit risk, liquidity risk, valuation risk, volatility risks and over-the-counter transaction risks. The leverage element/component of an FDI can result in a loss significantly greater than the amount invested in the FDI by the portfolio. Exposure to FDI may lead to a high risk of significant loss by the portfolio.
• Certain portfolios may have a net leveraged exposure of more than 100% of the NAV of the portfolio. This will further magnify any potential negative impact of any change in the value of the underlying asset on the portfolio and also increase the volatility of the portfolio’s price and may lead to significant losses.
• In respect of Distributing Shares, the portfolios may at its discretion pay dividends out of the capital of the portfolios. Dividends paid out of capital amount to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment. Such dividends may result in an immediate decrease in the net asset value of the relevant shares.
• Investors should not solely rely on information on this website to make any investment decision. Please refer to the offering documents for details including the risk factors before making any investment decisions.
• Exchange rate fluctuations may affect the value of an investment and any income derived from it.
• Dividends and capital gains on securities issued in the relevant portfolios may be subject to withholding taxes imposed by the countries in which each particular fund invests.
• Some portfolios which are invested in emerging markets may also involve a higher degree of risk and are usually more sensitive to price movements relative to the developed markets. Investors should read the offering documents for details and the risk factors, in particular those associated with investments in emerging markets.
• Some portfolios invest primarily in a single market or sector or in small-sized companies. These investments are subject to higher concentration risk and are more volatile than funds following a more diversified policy. Those portfolios which are invested in smaller companies may involve a higher degree of risk and are usually more sensitive to price movements.
• Please note that this website has not been reviewed by the Hong Kong Securities and Futures Commission.

UCITS Disclaimer

Neuberger Berman Investment Funds plc (the "Fund") is authorised by the Central Bank of Ireland (the "Financial Regulator") as an Undertaking for Collective Investment in Transferable Securities under the European Communities ("UCITS") Regulations 2011 (S.I. 253 of 2011) of Ireland, as amended.

This website does not constitute an offer or solicitation and is not directed at you if NBAL is prohibited by any law of any jurisdiction from making the information on this website available to you and is not intended for any use that would be contrary to local law or regulation. NBAL may from time to time authorise or register new or existing sub-funds of the Fund or any other collective investment scheme or launch new share classes. Please contact your local representative to confirm the latest authorisation or registration status of any sub-fund or share class or collective investment scheme.

Subscriptions will only be received and shares issued on the basis of the current prospectus (including the Hong Kong covering document) for the Fund or collective investment scheme. It is your responsibility to read and understand the prospectus (and any supporting documents such as the latest reports and accounts). By making an application you will be deemed to represent that you have read such prospectus (including the Hong Kong Covering Document) and agree to be bound by its contents. Copies of the prospectus (including the Hong Kong Covering Document) and the report and accounts of the Fund or collective investment scheme can be obtained from this website. Additional information, such as factsheets or the composition of any dividend, on this website has been prepared by NBAL or its affiliates and is believed to be reliable but there is no guarantee as to the accuracy or completeness. This website does not constitute investment advice. Past performance is not indicative of future results.

Third Party and Other Information

NBAL does not represent that the information on this website, including any third party information, is accurate or complete and it should not be relied upon as such. Certain information contained on this website (including any forward-looking statements and economic and market information) has been obtained from published sources and/or prepared by third parties and may not be current. While such sources are believed to be reliable, NBAL, each of its officers, employees and affiliates do not assume any responsibility for the accuracy or completeness of such information. Any views or opinions expressed may not reflect those of NBAL, or any of its officers, employees and affiliates as a whole.

The information expressed on this website is subject to change without notice.

Your Use of the Website

You must NOT use the website (or permit or procure others to use it) as follows:

• for any unlawful, improper or illegal purpose or activity;
• to communicate or receive information that is obscene, indecent, pornographic, sadistic, cruel, or racist in content, of a sexually explicit or graphic nature, which promotes or incites discrimination, hatred or racism or which might be legally actionable for any reason;
• in a manner intended to threaten, harass, or intimidate;
• to violate NBAL’s or any third party's copyright, trademark, proprietary or other intellectual property rights;
• to damage NBAL's name or reputation or that of our affiliated companies or any third parties;
• to impersonate any of our employees or other person or use a false name while using our website or implying an association with us;
• to penetrate our security measures or other entities' systems ("hacking");
• to transmit unsolicited voluminous emails (for example, spamming) or to intercept, interfere with or redirect email intended for others using our website;
• to generate excessive amounts of internet traffic, to interfere with our network or other's use of our website or to engage in activities designed to or having the effect of degrading or denying service to users of our website or others;
• to introduce viruses, worms, harmful code and/or Trojan horses onto the internet or into our website or any other entity's systems and it is your responsibility to ensure that whatever you download or select for your use from our website is free from such items;
• to post or transmit information that is defamatory, fraudulent or deceptive, including but not limited to scams such as "make-money-fast" schemes or "pyramid/chain" letters;
• to transmit confidential or proprietary information, except solely at your own risk; and/or
• to do any other thing that may interfere with or interrupt the use of the website by any other person or otherwise interfere or interrupt with the operation of our business or the business of any of our related entities.

When using the website, you must comply with all applicable local, national and international laws and regulations, including those related to data privacy, international communications and exportation of technical or personal data. It may be illegal to download the information contained on the website in certain countries and we and our affiliated companies disclaim all responsibility if you download any information from the website in breach of any law or regulation of the country in which you reside.

Your Access

We may, in our absolute discretion, and without any liability or giving any reason to you, terminate, suspend or restrict your access or use of part or all of the website if we consider that you have breached any of these terms or if we otherwise consider it necessary in order for the proper functioning of the website.

Intellectual Property Rights

The entire contents of this website are subject to copyright with all rights reserved. You may download or print individual sections of the website for your personal use and information only provided that you are legally entitled to access the material and you retain all copyright and other proprietary notices. You may not reproduce (in whole or in part), transmit (by electronic means or otherwise), modify, link into or use for any public or commercial purpose the website without the prior written permission of NBAL.

Nothing on this website should be construed as granting any licence or right in relation to any of our trademarks or those of our affiliated companies or any third party.

No Warranty

The website, including information and materials contained in the website, text, graphics, software, links and other items are provided "as is" and/or "as available". NBAL does not warrant the accuracy, adequacy, completeness, timeliness or availability of the website, and expressly disclaims liability for errors or omissions in the website. To the maximum extent permitted by law, NBAL expressly disclaims any implied statutory guarantees and any express or implied warranties of any kind, including any warranties of merchantability, fitness for a particular purpose or non-infringement in conjunction with the website.

Limitation of Liability

To the maximum extent permitted by law, NBAL and each of its officers, employees and affiliates, excludes all liability for any damages, including, without limitation, direct or indirect, special, incidental, or consequential damages, losses or expenses arising in connection with the website or use thereof or the inability by any party to use such website, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure, even if NBAL, or representatives thereof, are advised of the possibility of such damages, losses or expenses.

Weblinks

No company or person may link their website to this website or any affiliated site without the written permission of NBAL. Where a link to a non-Neuberger Berman website exists, to the extent permitted by applicable law, NBAL does not accept responsibility for the content of such website nor the products, services or other items offered through that website.

Cookies

We may use cookies to track your visits to this website as it enables us to simplify any future visits. If you do not wish to have cookies stored on your computer, you should disable them in your browser's security options.

Data Privacy

Please read our Privacy Statement before providing NBAL with any personal information on this website. By providing any personal information on this website, you will be deemed to have read and accepted our Privacy Statement.

Law and Variation

This website shall be governed by, and your browsing in and use of this website shall be deemed acceptance of, the laws of Hong Kong. A condition of using this website is that in the event of any dispute or proceeding you irrevocably submit to the exclusive jurisdiction of the Hong Kong courts and waive any objection to proceedings in such courts on the grounds of venue or on the grounds that the proceedings have been brought in an inconvenient forum.

NBAL may revise these Terms of Use at any time by amending this page. You are expected to check this page from time to time to take notice of any changes NBAL makes, as they are binding on you.

Each time you use this website, a condition of use is that you comply with the above terms.

About Neuberger Berman

This website is operated by Neuberger Berman Europe Limited (“NBEL”). NBEL is registered in the United Kingdom with company number 05463227 and with its registered office at The Zig Zag Building, 70 Victoria Street, London, SW1E 6SQ, United Kingdom. NBEL is authorised and regulated by the Financial Conduct Authority ("FCA") and is entered on the FCA register (Register Number 442488). NBEL’s VAT number is 986032208.

Certain investment products and/or funds referred to on this website are managed and/or advised by NBEL's subsidiary Neuberger Berman Asset Management Ireland Limited ("NBAMIL") and the services and investment products and/or funds managed by NBEL and its Affiliates may, subject to compliance with applicable law, be offered in Europe by NBAMIL. NBAMIL is incorporated in Ireland under the Irish Companies Act 2014 with registration number 629805. Its registered office is at 2 Central Plaza, Dame Street, Dublin, D02 T0X4, Ireland. NBAMIL is authorised by the Central Bank of Ireland pursuant to the European Union (Alternative Investment Fund Managers) Regulations 2013, as amended.

General enquiries about the day to day operation of services by NB Europe (as defined below) should be directed to the NB Europe client services team on telephone +44 (0)20 3214 9096 or sent to clientservices@nb.com or such other address as NB Europe may notify to you. Please note that calls may be recorded for the purposes of compliance with record keeping and reporting obligations.

Definitions

• “Affiliates” means any person or entity controlling, controlled by or under common control with the relevant party.
• "KIID" means Key Investor Information Document as defined in Directive 2009/65/EC on UCITS IV and Commission Regulation 583/2010.
• "NB Europe" means NBEL and NBAMIL.
• “QIAIF" means Qualifying Investor Alternative Investment Fund.
• "QIAIF Fund" means Neuberger Berman Investment Funds II plc.
• "UCITS" means Undertaking for Collective Investment in Transferable Securities.
• "UCITS Fund" means Neuberger Berman Investment Funds plc.

Privacy Policy

NB Europe is committed to protecting and safeguarding your personal data. Our Privacy Policy is designed to help you understand the type of personal data we collect and what we do with it. By using this website and by transferring your personal data to us, you understand and agree that this data will processed in accordance with the terms of our Privacy Policy.

Investment Information

The information contained on this website is designed solely for Professional Clients (as defined under the FCA Rules). If you are not a Professional Client, you should not proceed any further. The content of this site should not be looked at or distributed to Retail Clients (as defined under the FCA Rules).

Certain products and services mentioned on this website may not be eligible for sale in some countries and they may not be suitable for all types of investors. This website does not constitute an offer or solicitation and is not directed at you if NB Europe is prohibited by any law of any jurisdiction from making the information on this website available to you and is not intended for any use that would be contrary to local law or regulation. It is your responsibility to be aware of and comply with any relevant laws or regulations applicable in your jurisdiction. No products and services mentioned on this website must be promoted in any jurisdiction where this would not be permitted.

This website does not constitute investment, legal or tax advice with respect to the products and services and it is important that you do not rely on its content when making an investment decision. You should obtain relevant and specific professional advice before making any decision to enter into an investment transaction. NB Europe does not represent that the information on this website, including any third-party information, is accurate or complete and it should not be relied upon as such.

Past performance is not indicative of future results and there is no guarantee that the market price of the shares or units will fully reflect their underlying net asset value. There is also no guarantee that the investment objective will be achieved. The value of investment funds and the income therefrom may go down as well as up and you may not get back the original amount invested. Your capital could be at risk. You are not certain to make money from your investments and you may lose money. Exchange rates may cause the value of overseas investments and the income therefrom to rise and fall.

The levels and bases of and reliefs from taxation may change. Any tax reliefs referred to are those currently available and their value depends on the circumstances of the individual investor. Investors should consult their own tax adviser in order to understand any applicable tax consequences.

United States

The investment products described on this website have not been registered under the US Securities Act 1933, as amended. Furthermore, the funds may only be offered or sold to investors that are not deemed to be “US Persons” in accordance with the relevant fund’s prospectus. Consequently, this website is not aimed at any US Person and does not constitute an offer to or solicitation to buy any securities in the USA. The information on this website is directed solely at persons in jurisdictions where the funds and relevant share classes are registered or who may otherwise lawfully receive it. Before investing, investors should review the relevant fund’s full prospectus, together with the applicable KIID and the most recent financial statements. Copies of these documents, including the latest annual report and, if issued thereafter, the latest semi-annual report, may be obtained free of charge from this website or in printed form by contacting the local distributor in the jurisdictions in which the funds are authorised for distribution. Any entity responsible for forwarding this material to other parties takes responsibility for ensuring compliance with applicable securities laws.

Switzerland

For investors with residence or domicile in Switzerland, this website is exclusively directed at qualified investors, according to the Swiss Collective Investment Schemes Act ("CISA") and the Swiss Collective Investment Schemes Ordinance ("CISO"). A qualified investor is defined pursuant to CISA as: regulated financial intermediaries (such as banks, securities dealers, fund management companies and managers of funds, as well as central banks); regulated insurance institutions; public law entities and retirement benefit institutions with professional treasury management; companies with professional treasury management; certain high net worth individuals; and investors who have concluded a written discretionary asset management agreement with a regulated financial intermediary or with an independent asset manager (subject to certain conditions).

UCITS Disclaimer

The UCITS Fund is authorised by the Central Bank of Ireland as an UCITS under the European Communities UCITS Regulations 2011 (S.I. 253 of 2011) of Ireland, as amended.

Please see the link to the country registration matrix to check where all the sub-funds are registered.

Country Registration Matrix

Certain sub-funds of the UCITS Fund mentioned on this website may not be eligible for sale in some countries and they may not be suitable for all types of investors. This website is not intended to distribute or offer or solicit the sale of shares or units in the UCITS Fund and any jurisdiction in which such distribution, or offer or solicitation would be considered contrary to local law or regulation.

NBEL may from time to time register existing funds in new jurisdictions and launch new sub-funds; it may also launch new funds. Please contact your local representative (see Contacts tab) to confirm the latest registration status of the UCITS Fund(s).

Subscriptions will only be received and shares issued on the basis of the current prospectus and KIID for the UCITS Fund. It is your responsibility to use such prospectus and KIID and by making an application you will be deemed to represent that you have read such prospectus and agree to be bound by its contents. Copies of the prospectus, KIID and the report and accounts can be obtained from this website. Additional information, such as factsheets, on this website has been prepared by NBEL in its capacity as investment manager of the UCITS Fund and is believed to be reliable but there is no guarantee as to the adequacy, accuracy or completeness. This website does not constitute investment advice. Past performance is not indicative of future results.

By clicking the box below, you confirm that you are from an eligible jurisdiction to review material relating to the UCITS Fund (or are authorised to conduct investment business in the jurisdiction within which you are resident and under the law of that jurisdiction, you are authorised to view material relating to collective investment schemes).

QIAIF Disclaimer

The QIAIF Fund is authorised by the Central Bank of Ireland as an open-ended umbrella fund with segregated liability between sub-funds incorporated as a variable capital investment company in Ireland, pursuant to Part 24 of the Companies Act 2014 and the Alternative Investment Fund Managers Regulations 2013. The QIAIF Fund is a QIAIF is solely intended for Qualifying Investors (as defined in the QIAIF Fund prospectus).

Certain sub-funds of the QIAIF Fund mentioned on this website may not be eligible for sale in some countries and they may not be suitable for all types of investors. This website is not intended to distribute or offer or solicit the sale of shares or units in the QIAIF Fund and any jurisdiction in which such distribution, or offer or solicitation would be considered contrary to local law or regulation.

NBAMIL may from time to time register existing funds in new jurisdictions and launch new sub-funds; it may also launch new funds. Please contact your local representative (see Contacts tab) to confirm the latest registration status of the QIAIF Fund(s).

Subscriptions will only be received and shares issued on the basis of the current prospectus for the QIAIF Fund. It is your responsibility to use such prospectus and by making an application you will be deemed to represent that you have read such prospectus and agree to be bound by its contents. Copies of the prospectus can be obtained from this website. Additional information, such as factsheets, on this website has been prepared by NBAMIL and is believed to be reliable but there is no guarantee as to the adequacy, accuracy or completeness. This website does not constitute investment advice. Past performance is not indicative of future results.

By clicking the box below, you confirm that you are from an eligible jurisdiction to review material relating to the QIAIF Fund (or are authorised to conduct investment business in the jurisdiction within which you are resident and under the law of that jurisdiction, you are authorised to view material relating to collective investment schemes).

Unlawful or Prohibited Use

This page sets out the terms on which you may make use of this website and apply to every page on the website, whether or not such pages are individually disclaimed. Please read these terms carefully before you start to use the website. By using the website, you have indicated that you accept these terms and that you agree to abide by them. If you do not agree to these terms, please refrain from using the website.

You must NOT knowingly or recklessly use the website (or permit or procure others to use it) as follows:

• for any unlawful, improper or illegal purpose or activity;
• to communicate or receive information that is obscene, indecent, pornographic, sadistic, cruel, or racist in content, of a sexually explicit or graphic nature, which promotes or incites discrimination, hatred or racism or which might be legally actionable for any reason;
• in a manner intended to threaten, harass, or intimidate;
• to violate NB Europe's or any third party's copyright, trademark, proprietary or other intellectual property rights;
• to damage NB Europe's name or reputation or that of our affiliated companies or any third parties;
• to impersonate any of our employees or other person or use a false name while using our site or implying an association with us;
• to penetrate our security measures or other entities' systems ("hacking") or attempt to do so;
• to transmit unsolicited voluminous emails (for example, spamming) or to intercept, interfere with or redirect email intended for others using our site;
• to generate excessive amounts of internet traffic, to interfere with our network or other's use of our site or to engage in activities designed to or having the effect of degrading or denying service to users of our site or others;
• to transmit any viruses, worms, harmful code and/or Trojan horses onto the internet or into our site or any other entity's systems and it is your responsibility to ensure that whatever you download or select for your use from our site is free from such items;
• to post or transmit information that is defamatory, fraudulent, untruthful, inaccurate, a misrepresentation of your identity or deceptive, including but not limited to scams such as "make-money-fast" schemes or "pyramid/chain" letters; and/or
• to transmit confidential or proprietary information, except solely at your own risk.

When using the website, you must comply with all applicable local, national and international laws and regulations, including those related to data privacy, international communications and exportation of technical or personal data. It may be illegal to download the information contained on the website in certain countries and we and our affiliated companies disclaim all responsibility if you download any information from the website in breach of any law or regulation of the country in which you reside.

Intellectual Property Rights

The entire contents of this website are subject to copyright with all rights reserved and protected by law. You may download or print individual sections of the website strictly for your personal use and information only provided that you retain all copyright and other proprietary notices. You may not otherwise reproduce (in whole or in part), copy, alter, transmit (by electronic means or otherwise), modify, link into or use for any public or commercial purpose the site without the prior written permission of NB Europe and you may not in any circumstances scrape this website or carry out any sort of similar activity in relation to this website.

Nothing on this website should be construed as granting any licence or right in relation to any of our trademarks or those of our affiliated companies or any third party.

No Warranty

The website, including information and materials contained in the website, text, graphics, software, links and other items are provided "as is," "as available". Whilst we aim to update the website regularly, its content is provided for information purposes only and NB Europe does not warrant the accuracy, adequacy, completeness, timeliness or availability of the website, and expressly disclaims liability for errors or omissions in the website. There is no warranty of merchantability, no warranty of fitness for a particular purpose, no warranty of non-infringement, no warranty of any kind, implied, express or statutory, in conjunction with the website.

Limitation of Liability

To the fullest extent allowed by law, NB Europe and their affiliates, or any of their respective members, officers, directors or employees ("Related Persons") shall not be liable, whether in tort (including negligence) or otherwise howsoever, for any losses, damages, costs or expenses of whatever nature (including without limitation any consequential, indirect or unforeseeable loss or loss of bargain, opportunity or profit, as well as fees and expenses of legal counsel) (together, “Losses”) incurred or suffered by you or any third party arising out of or in connection with the access to, use of or inability to use, or linking to other websites or resources from, this website or reliance on any information contained on this website nor will NB Europe be liable in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure, even if NB Europe, or representatives thereof, are advised of the possibility of such damages, losses or expenses. Nothing in these terms shall limit our liability for death, personal injury or fraud resulting from any negligence of NB Europe.

As consideration for your access to and use of this website, you agree to indemnify and hold harmless NB Europe and its Related Persons from and against any and all Losses, including without limitation those related to any action by any third party against you, NB Europe or any of its Related Persons arising out of or in connection with your access to or use of this website or of any of the contents on this website or your non-compliance with these terms.

Nothing in these terms excludes or restricts any duty or liability that NB Europe may have under any applicable law or regulatory system which may not be excluded or restricted as a matter of applicable law.

Weblinks

No company or person may link their website to www.nb.com without the written permission of NB Europe.

Where a link to a non-NB Europe on this website, to the extent permitted by the FCA Rules, it is provided for your information only and NB Europe does not accept responsibility for any of the content of such website nor the products, services, resources or other items offered through that website or any Losses that may arise from your accessing or using them, nor should any links to such websites or resources be construed as an endorsement by NB Europe or its Related Persons of such websites, resources or the information contained on them.

Cookies Policy

Please consult NB Europe’s Cookies Policy which includes details on the use of performance, identification and targeting cookies (both our own and third parties') to enhance the functionality of this website, to enable us to monitor usage and to assist with future communications. A cookie is an element of data that a website can send to your browser, which may then store it on your system. NB Europe may use cookies in some of the pages of this website to record session information and for analysing traffic to the website. You can adjust settings on your browser so that you will be notified when you receive a cookie, giving you a choice to either refuse or accept it.

Termination

NB Europe has the right to terminate your access to this website at any time on giving notice to you and in any event if you commit any breach of these terms and conditions. NB Europe shall have no liability to you for such termination. In the event that your access to this website is terminated, the remaining provisions of these terms and conditions will continue to apply.

Amendments to these Terms

NB Europe may revise these terms of use at any time by amending these terms and conditions. You are expected to check these terms and conditions from time to time to take note of any changes to these terms.

Law and Variation

This website shall be governed by, and your browsing in and use of this website shall be deemed acceptance of, the laws of England and Wales. A condition of using this website is that in the event of any dispute or proceeding you irrevocably submit to the exclusive jurisdiction of the English Courts and waive any objection to proceedings in such courts on the grounds of venue or on the grounds that the proceedings have been brought in an inconvenient forum.

NB Europe may revise this Important Information at any time by amending this page. You are expected to check this page from time to time to take notice of any changes NB Europe makes, as they are binding on you. The views expressed on this website are the opinions of NB Europe and such opinions are subject to change without notice.

Each time you use this website, a condition of use is that you agree and comply with the above terms and conditions.

Your Use of nb.com

We hope that your visit to nb.com is enjoyable and of value to you. We also hope that you will return frequently and use it for a variety of services. Neuberger Berman Group LLC (together with its subsidiaries and affiliates, “Neuberger Berman”) makes all reasonable efforts to ensure that the information contained on this website is accurate and reliable; however, errors sometimes occur. You should note that the materials on this website are provided "as is" without any express or implied warranties. Neuberger Berman does not warrant that the functions contained in the materials will be uninterrupted or error-free, that defects will be corrected, or that this website or the servers that make it available are free from viruses or other harmful components. Neuberger Berman does not warrant or represent that the materials on this website are correct, accurate, or reliable. You (and not Neuberger Berman) assume the entire cost of all necessary servicing, repair, or correction of your property or operations as a result of using this website.

Neuberger Berman and its affiliates disclaim, to the fullest extent permitted by law, all express and implied warranties of merchantability, fitness for a particular purpose, and non-infringement. If you live in a state that does not allow disclaimers of implied warranties, our disclaimer may not apply to you.

By using this website, you accept at your own risk that the Internet and online communications medium may not perform as intended despite the efforts of Neuberger Berman, your Internet Service Provider, and you.

You are not authorized to post on or transmit to or from this website any unlawful, threatening, libelous, defamatory, obscene, scandalous, inflammatory, pornographic, or profane material, or any other content that could give rise to any civil or criminal liability under the law.

Reference to a fund or security anywhere on this website is not intended to constitute research and should not be construed as a recommendation to buy, sell, or hold that or any other security, except where an express offer is permissibly made. For example, we provide current prospectuses of our mutual funds and applications for you to use to make an investment.

Security prices are provided for your information only. They are based upon information that we consider reliable, but we do not represent that they are accurate or complete, and they should not be relied upon as such. Prices reflect Neuberger Berman's good faith effort to ascertain a fair valuation. These valuation levels do not necessarily assume immediate liquidation of the position and may not be realized upon liquidation. No representation is made that actual transactions could be effected at these levels. Market conditions, transaction size and other factors may affect the price received upon liquidation.

Hyperlinks to Other Websites

We may occasionally provide "hyperlinks," also known just as "links," to other companies’ websites. We provide these links when we think there are other websites that may interest or educate you. This is done as a convenience to you and should not be construed as an endorsement of any website, company, product or service by Neuberger Berman. Your following links from or to third party websites is at your sole risk.  While we make every attempt to provide links only to those websites we think are worthwhile and accurate, we cannot be responsible for the content or accuracy of the information presented on those websites and we specifically disclaim any liability for any loss or damages which you may incur, directly or indirectly, as a result of your use of them. We reserve the right to terminate a link to a third party website at any time.

You may not create a link from a third party website to this website without the prior written permission of Neuberger Berman.   With the prior written permission of Neuberger Berman, links from another web site to this site must resolve to the top-level homepage of a Neuberger Berman domain (e.g., www.nb.com).  In order to avoid confusion, if you do link from another web site to a Neuberger Berman top-level homepage, your web site, and the link itself, may not suggest that Neuberger Berman endorses, sponsors or is affiliated with any non-Neuberger Berman web site, entity, service or product, and may not make use of any Neuberger Berman trademarks or service marks other than those contained within the text of the link.

Copyrights and Trademarks

This website's content is protected by U.S. and worldwide copyright and trademark laws and treaty provisions. By using this website, we do not grant you any rights to copy, reproduce, distribute, modify, post, frame-in, sell or license any of the content contained herein, except that you may print a copy of the information contained herein for your personal use only. You may not reproduce or distribute the text or graphics to others or copy all or substantially all of the content to your own hard drive or server. [You also may not create a link from a third party website to this website without the prior written permission of Neuberger Berman.

Neuberger Berman, the Neuberger Berman logo, and all related names, logos, product and service names, designs, and slogans are trademarks of Neuberger Berman or its affiliates or licensors (“Neuberger Berman Marks”), except third party trademarks and service marks which are the property of their respective owners. You must not use any such marks without the prior written permission of Neuberger Berman or the respective owners.

Any use of Neuberger Berman Marks by third parties must be preceded by written permission from Neuberger Berman and must be used in the form and with the registered service mark designation as indicated.

Forward-Looking Statements

Statements made on our website and in other material in our Company Information area that look forward in time are forward-looking statements.  You can identify these forward-looking statements by the use of words such as “outlook,” “believe,” “expect,” “potential,” “continue,” “may,” “should,” “seek,” “approximately,” “predict,” “intend,” “will,” “plan,” “estimate,” “anticipate” or the negative version of these words or other comparable words.  Forward-looking statements are subject to various risks and uncertainties.  Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in Neuberger Berman’s products' performance, a general downturn in the economy, competition from other companies, changes in government policy or regulation, inability of Neuberger Berman to attract or retain key employees, inability of Neuberger Berman to implement its operating strategy and acquisition strategy, inability of Neuberger Berman to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.  The views on this website were prepared based upon the ifnormation available at the time such views were written.  Changed or additional information could cause such views to change.

Reuters Content

Reuters content is the intellectual property of Reuters. Any copying, republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. Reuters, the Reuters Logo and the Sphere Logo are registered trademarks of the Reuters group of companies around the world. For additional information on other Reuters Services please visit the Reuters public web site – www.reuters.com

Please note that Reuters provides these news articles as a courtesy to nb.com users. Neuberger Berman has no editorial control over the content or subject matter and does not agree or disagree with any recommendations, advice, or conclusions made therein. Neuberger Berman assumes no responsibility whatsoever for the articles' completeness, accuracy or timeliness. We caution our website users not to use these articles for other than general informational purposes. The Neuberger Berman copyright does not pertain to any Reuters news article appearing on our website.

Miscellaneous Provisions

Private Asset Management (PAM) portfolio managers’ views may vary from those of other portfolio managers as well as the views of Neuberger Berman. All PAM accounts are managed based upon each client’s needs and objectives. Individual account holdings and characteristics may vary since investment objectives, tax considerations and other factors differ from account to account. Portfolio characteristics are subject to change without notice.

The past performance of any account or fund managed by Neuberger Berman is not indicative of its future results. The value of your investment, when sold, may be worth more or less than the original cost.

Material contained on this website should not be considered legal, tax, investment, financial or other professional advice.  In preparing the information contained on this website, Neuberger Berman has not taken into account the investment needs, objectives of any particular investor.  You are advised not to rely on any information contained on this website in the process of making an informed the decision.  Decisions based on information contained within this website are your sole responsibility, and before making any decision on the basis of that information, you should consider, with or without the assistance of a securities adviser or other adviser, whether the information is appropriate in light of your particular investment needs, objectives and financial circumstances.

The information provided herein is not directed at any investor or category of investors and is provided solely as general information about our products and services and to otherwise provide general investment education. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as Neuberger Berman Group LLC (and its affiliates, “Neuberger Berman”) is not undertaking to provide impartial investment advice, act as an impartial adviser, or give advice in a fiduciary capacity with respect to the materials presented herein. If you are an individual retirement investor, contact your financial advisor or other non-Neuberger Berman fiduciary about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances.

Pursuant to SEC Rule 606, written copies of statistical reports on Neuberger Berman's order routing and execution are available.

Please click here for the Rule 606 report.

Pursuant to FINRA Rule 4370, a written plan describing Neuberger Berman's Business Continuity Plan is available for your review. Please click here.

Neuberger Berman data, including employee and assets under management figures, reflect collective data for the various affiliated investment advisers that are subsidiaries of Neuberger Berman. Neuberger Berman history and timelines includes the history and business expansions of all Neuberger Berman subsidiaries, including predecessor entities and acquisition entities.  Investment professionals referenced include portfolio managers, research analysts/associates, traders, and product specialists and team dedicated economists/strategists.

Your Acceptance of these Terms

These terms of use apply regardless of the channel by which you accessed this website. Your use of this website constitutes your acceptance of the terms contained herein, and you may not use this website unless you agree with these terms of use. You may reject these terms by leaving the website at any time.

Jurisdictional Issues and Applicable Law

The laws of the State of Delaware and applicable U.S. federal law shall govern these terms of use.  If you take legal action relating to these terms of use, you agree to file such action only in state or federal court within the State of Delaware, and you consent and submit to the personal jurisdiction of those courts for the purposes of litigating any such actions.  If any part of these terms of use is or becomes unlawful, void or unenforceable, that part will be deemed severable and will not affect the validity and enforceability of any remaining provisions.  You agree that any cause of action you have with respect to your use of this website must be commenced within one (1) year after the claim or cause of action arises, or it will be deemed to have been waived.

Your Use of NB.com

We hope that your visit to nb.com is enjoyable and of value to you. We also hope that you will return frequently and use it for a variety of services. Neuberger Berman Group LLC (together with its subsidiaries and affiliates, “Neuberger Berman”) makes all reasonable efforts to ensure that the information contained on this website is accurate and reliable; however, errors sometimes occur. You should note that the materials on this website are provided "as is" without any express or implied warranties. Neuberger Berman does not warrant that the functions contained in the materials will be uninterrupted or error-free, that defects will be corrected, or that this website or the servers that make it available are free from viruses or other harmful components. Neuberger Berman does not warrant or represent that the materials on this website are correct, accurate, or reliable. You (and not Neuberger Berman) assume the entire cost of all necessary servicing, repair, or correction of your property or operations as a result of using this website.

Neuberger Berman and its affiliates disclaim, to the fullest extent permitted by law, all express and implied warranties of merchantability, fitness for a particular purpose, and non-infringement. If you live in a state that does not allow disclaimers of implied warranties, our disclaimer may not apply to you.

By using this website, you accept at your own risk that the Internet and online communications medium may not perform as intended despite the efforts of Neuberger Berman, your Internet Service Provider, and you.

You are not authorized to post on or transmit to or from this website any unlawful, threatening, libelous, defamatory, obscene, scandalous, inflammatory, pornographic, or profane material, or any other content that could give rise to any civil or criminal liability under the law.

Reference to a fund or security anywhere on this website is not intended to constitute research and should not be construed as a recommendation to buy, sell, or hold that or any other security, except where an express offer is permissibly made. For example, we provide current prospectuses of our mutual funds and applications for you to use to make an investment.

Security prices are provided for your information only. They are based upon information that we consider reliable, but we do not represent that they are accurate or complete, and they should not be relied upon as such. Prices reflect Neuberger Berman's good faith effort to ascertain a fair valuation. These valuation levels do not necessarily assume immediate liquidation of the position and may not be realized upon liquidation. No representation is made that actual transactions could be effected at these levels. Market conditions, transaction size and other factors may affect the price received upon liquidation.

Hyperlinks to Other Websites

We may occasionally provide "hyperlinks," also known just as "links," to other companies’ websites. We provide these links when we think there are other websites that may interest or educate you. This is done as a convenience to you and should not be construed as an endorsement of any website, company, product or service by Neuberger Berman. Your following links from or to third party websites is at your sole risk.  While we make every attempt to provide links only to those websites we think are worthwhile and accurate, we cannot be responsible for the content or accuracy of the information presented on those websites and we specifically disclaim any liability for any loss or damages which you may incur, directly or indirectly, as a result of your use of them. We reserve the right to terminate a link to a third party website at any time.

You may not create a link from a third party website to this website without the prior written permission of Neuberger Berman.   With the prior written permission of Neuberger Berman, links from another web site to this site must resolve to the top-level homepage of a Neuberger Berman domain (e.g., www.nb.com).  In order to avoid confusion, if you do link from another web site to a Neuberger Berman top-level homepage, your web site, and the link itself, may not suggest that Neuberger Berman endorses, sponsors or is affiliated with any non-Neuberger Berman web site, entity, service or product, and may not make use of any Neuberger Berman trademarks or service marks other than those contained within the text of the link.

Copyrights and Trademarks

This website's content is protected by U.S. and worldwide copyright and trademark laws and treaty provisions. By using this website, we do not grant you any rights to copy, reproduce, distribute, modify, post, frame-in, sell or license any of the content contained herein, except that you may print a copy of the information contained herein for your personal use only. You may not reproduce or distribute the text or graphics to others or copy all or substantially all of the content to your own hard drive or server. [You also may not create a link from a third party website to this website without the prior written permission of Neuberger Berman.

Neuberger Berman, the Neuberger Berman logo, and all related names, logos, product and service names, designs, and slogans are trademarks of Neuberger Berman or its affiliates or licensors (“Neuberger Berman Marks”), except third party trademarks and service marks which are the property of their respective owners. You must not use any such marks without the prior written permission of Neuberger Berman or the respective owners.

Any use of Neuberger Berman Marks by third parties must be preceded by written permission from Neuberger Berman and must be used in the form and with the registered service mark designation as indicated.

Forward-Looking Statements

Statements made on our website and in other material in our Company Information area that look forward in time are forward-looking statements.  You can identify these forward-looking statements by the use of words such as “outlook,” “believe,” “expect,” “potential,” “continue,” “may,” “should,” “seek,” “approximately,” “predict,” “intend,” “will,” “plan,” “estimate,” “anticipate” or the negative version of these words or other comparable words.  Forward-looking statements are subject to various risks and uncertainties.  Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in Neuberger Berman’s products' performance, a general downturn in the economy, competition from other companies, changes in government policy or regulation, inability of Neuberger Berman to attract or retain key employees, inability of Neuberger Berman to implement its operating strategy and acquisition strategy, inability of Neuberger Berman to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.  The views on this website were prepared based upon the ifnormation available at the time such views were written.  Changed or additional information could cause such views to change.

Reuters Content

Reuters content is the intellectual property of Reuters. Any copying, republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. Reuters, the Reuters Logo and the Sphere Logo are registered trademarks of the Reuters group of companies around the world. For additional information on other Reuters Services please visit the Reuters public web site – www.reuters.com

Please note that Reuters provides these news articles as a courtesy to nb.com users. Neuberger Berman has no editorial control over the content or subject matter and does not agree or disagree with any recommendations, advice, or conclusions made therein. Neuberger Berman assumes no responsibility whatsoever for the articles' completeness, accuracy or timeliness. We caution our website users not to use these articles for other than general informational purposes. The Neuberger Berman copyright does not pertain to any Reuters news article appearing on our website.

Miscellaneous Provisions

Private Asset Management (PAM) portfolio managers’ views may vary from those of other portfolio managers as well as the views of Neuberger Berman. All PAM accounts are managed based upon each client’s needs and objectives. Individual account holdings and characteristics may vary since investment objectives, tax considerations and other factors differ from account to account. Portfolio characteristics are subject to change without notice.

The past performance of any account or fund managed by Neuberger Berman is not indicative of its future results. The value of your investment, when sold, may be worth more or less than the original cost.

Material contained on this website should not be considered legal, tax, investment, financial or other professional advice.  In preparing the information contained on this website, Neuberger Berman has not taken into account the investment needs, objectives of any particular investor.  You are advised not to rely on any information contained on this website in the process of making an informed the decision.  Decisions based on information contained within this website are your sole responsibility, and before making any decision on the basis of that information, you should consider, with or without the assistance of a securities adviser or other adviser, whether the information is appropriate in light of your particular investment needs, objectives and financial circumstances.

The information provided herein is not directed at any investor or category of investors and is provided solely as general information about our products and services and to otherwise provide general investment education. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as Neuberger Berman Group LLC (and its affiliates, “Neuberger Berman”) is not undertaking to provide impartial investment advice, act as an impartial adviser, or give advice in a fiduciary capacity with respect to the materials presented herein. If you are an individual retirement investor, contact your financial advisor or other non-Neuberger Berman fiduciary about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances.

Pursuant to SEC Rule 606, written copies of statistical reports on Neuberger Berman's order routing and execution are available.

Please click here for the Rule 606 report.

Pursuant to FINRA Rule 4370, a written plan describing Neuberger Berman's Business Continuity Plan is available for your review. Please click here.

Neuberger Berman data, including employee and assets under management figures, reflect collective data for the various affiliated investment advisers that are subsidiaries of Neuberger Berman. Neuberger Berman history and timelines includes the history and business expansions of all Neuberger Berman subsidiaries, including predecessor entities and acquisition entities.  Investment professionals referenced include portfolio managers, research analysts/associates, traders, and product specialists and team dedicated economists/strategists.

Your Acceptance of these Terms

These terms of use apply regardless of the channel by which you accessed this website. Your use of this website constitutes your acceptance of the terms contained herein, and you may not use this website unless you agree with these terms of use. You may reject these terms by leaving the website at any time.

Jurisdictional Issues and Applicable Law

The laws of the State of Delaware and applicable U.S. federal law shall govern these terms of use.  If you take legal action relating to these terms of use, you agree to file such action only in state or federal court within the State of Delaware, and you consent and submit to the personal jurisdiction of those courts for the purposes of litigating any such actions.  If any part of these terms of use is or becomes unlawful, void or unenforceable, that part will be deemed severable and will not affect the validity and enforceability of any remaining provisions.  You agree that any cause of action you have with respect to your use of this website must be commenced within one (1) year after the claim or cause of action arises, or it will be deemed to have been waived.

Your Use of NB.com

We hope that your visit to nb.com is enjoyable and of value to you. We also hope that you will return frequently and use it for a variety of services. Neuberger Berman Group LLC (together with its subsidiaries and affiliates, “Neuberger Berman”) makes all reasonable efforts to ensure that the information contained on this website is accurate and reliable; however, errors sometimes occur. You should note that the materials on this website are provided "as is" without any express or implied warranties. Neuberger Berman does not warrant that the functions contained in the materials will be uninterrupted or error-free, that defects will be corrected, or that this website or the servers that make it available are free from viruses or other harmful components. Neuberger Berman does not warrant or represent that the materials on this website are correct, accurate, or reliable. You (and not Neuberger Berman) assume the entire cost of all necessary servicing, repair, or correction of your property or operations as a result of using this website.

Neuberger Berman and its affiliates disclaim, to the fullest extent permitted by law, all express and implied warranties of merchantability, fitness for a particular purpose, and non-infringement. If you live in a state that does not allow disclaimers of implied warranties, our disclaimer may not apply to you.

By using this website, you accept at your own risk that the Internet and online communications medium may not perform as intended despite the efforts of Neuberger Berman, your Internet Service Provider, and you.

You are not authorized to post on or transmit to or from this website any unlawful, threatening, libelous, defamatory, obscene, scandalous, inflammatory, pornographic, or profane material, or any other content that could give rise to any civil or criminal liability under the law.

Reference to a fund or security anywhere on this website is not intended to constitute research and should not be construed as a recommendation to buy, sell, or hold that or any other security, except where an express offer is permissibly made. For example, we provide current prospectuses of our mutual funds and applications for you to use to make an investment.

Security prices are provided for your information only. They are based upon information that we consider reliable, but we do not represent that they are accurate or complete, and they should not be relied upon as such. Prices reflect Neuberger Berman's good faith effort to ascertain a fair valuation. These valuation levels do not necessarily assume immediate liquidation of the position and may not be realized upon liquidation. No representation is made that actual transactions could be effected at these levels. Market conditions, transaction size and other factors may affect the price received upon liquidation.

Hyperlinks to Other Websites

We may occasionally provide "hyperlinks," also known just as "links," to other companies’ websites. We provide these links when we think there are other websites that may interest or educate you. This is done as a convenience to you and should not be construed as an endorsement of any website, company, product or service by Neuberger Berman. Your following links from or to third party websites is at your sole risk.  While we make every attempt to provide links only to those websites we think are worthwhile and accurate, we cannot be responsible for the content or accuracy of the information presented on those websites and we specifically disclaim any liability for any loss or damages which you may incur, directly or indirectly, as a result of your use of them. We reserve the right to terminate a link to a third party website at any time.

You may not create a link from a third party website to this website without the prior written permission of Neuberger Berman.   With the prior written permission of Neuberger Berman, links from another web site to this site must resolve to the top-level homepage of a Neuberger Berman domain (e.g., www.nb.com).  In order to avoid confusion, if you do link from another web site to a Neuberger Berman top-level homepage, your web site, and the link itself, may not suggest that Neuberger Berman endorses, sponsors or is affiliated with any non-Neuberger Berman web site, entity, service or product, and may not make use of any Neuberger Berman trademarks or service marks other than those contained within the text of the link.

Copyrights and Trademarks

This website's content is protected by U.S. and worldwide copyright and trademark laws and treaty provisions. By using this website, we do not grant you any rights to copy, reproduce, distribute, modify, post, frame-in, sell or license any of the content contained herein, except that you may print a copy of the information contained herein for your personal use only. You may not reproduce or distribute the text or graphics to others or copy all or substantially all of the content to your own hard drive or server. [You also may not create a link from a third party website to this website without the prior written permission of Neuberger Berman.

Neuberger Berman, the Neuberger Berman logo, and all related names, logos, product and service names, designs, and slogans are trademarks of Neuberger Berman or its affiliates or licensors (“Neuberger Berman Marks”), except third party trademarks and service marks which are the property of their respective owners. You must not use any such marks without the prior written permission of Neuberger Berman or the respective owners.

Any use of Neuberger Berman Marks by third parties must be preceded by written permission from Neuberger Berman and must be used in the form and with the registered service mark designation as indicated.

Forward-Looking Statements

Statements made on our website and in other material in our Company Information area that look forward in time are forward-looking statements.  You can identify these forward-looking statements by the use of words such as “outlook,” “believe,” “expect,” “potential,” “continue,” “may,” “should,” “seek,” “approximately,” “predict,” “intend,” “will,” “plan,” “estimate,” “anticipate” or the negative version of these words or other comparable words.  Forward-looking statements are subject to various risks and uncertainties.  Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in Neuberger Berman’s products' performance, a general downturn in the economy, competition from other companies, changes in government policy or regulation, inability of Neuberger Berman to attract or retain key employees, inability of Neuberger Berman to implement its operating strategy and acquisition strategy, inability of Neuberger Berman to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.  The views on this website were prepared based upon the ifnormation available at the time such views were written.  Changed or additional information could cause such views to change.

Reuters Content

Reuters content is the intellectual property of Reuters. Any copying, republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. Reuters, the Reuters Logo and the Sphere Logo are registered trademarks of the Reuters group of companies around the world. For additional information on other Reuters Services please visit the Reuters public web site – www.reuters.com

Please note that Reuters provides these news articles as a courtesy to nb.com users. Neuberger Berman has no editorial control over the content or subject matter and does not agree or disagree with any recommendations, advice, or conclusions made therein. Neuberger Berman assumes no responsibility whatsoever for the articles' completeness, accuracy or timeliness. We caution our website users not to use these articles for other than general informational purposes. The Neuberger Berman copyright does not pertain to any Reuters news article appearing on our website.

Miscellaneous Provisions

Private Asset Management (PAM) portfolio managers’ views may vary from those of other portfolio managers as well as the views of Neuberger Berman. All PAM accounts are managed based upon each client’s needs and objectives. Individual account holdings and characteristics may vary since investment objectives, tax considerations and other factors differ from account to account. Portfolio characteristics are subject to change without notice.

The past performance of any account or fund managed by Neuberger Berman is not indicative of its future results. The value of your investment, when sold, may be worth more or less than the original cost.

Material contained on this website should not be considered legal, tax, investment, financial or other professional advice.  In preparing the information contained on this website, Neuberger Berman has not taken into account the investment needs, objectives of any particular investor.  You are advised not to rely on any information contained on this website in the process of making an informed the decision.  Decisions based on information contained within this website are your sole responsibility, and before making any decision on the basis of that information, you should consider, with or without the assistance of a securities adviser or other adviser, whether the information is appropriate in light of your particular investment needs, objectives and financial circumstances.

The information provided herein is not directed at any investor or category of investors and is provided solely as general information about our products and services and to otherwise provide general investment education. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as Neuberger Berman Group LLC (and its affiliates, “Neuberger Berman”) is not undertaking to provide impartial investment advice, act as an impartial adviser, or give advice in a fiduciary capacity with respect to the materials presented herein. If you are an individual retirement investor, contact your financial advisor or other non-Neuberger Berman fiduciary about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances.

Pursuant to SEC Rule 606, written copies of statistical reports on Neuberger Berman's order routing and execution are available.

Please click here for the Rule 606 report.

Pursuant to FINRA Rule 4370, a written plan describing Neuberger Berman's Business Continuity Plan is available for your review. Please click here.

Neuberger Berman data, including employee and assets under management figures, reflect collective data for the various affiliated investment advisers that are subsidiaries of Neuberger Berman. Neuberger Berman history and timelines includes the history and business expansions of all Neuberger Berman subsidiaries, including predecessor entities and acquisition entities.  Investment professionals referenced include portfolio managers, research analysts/associates, traders, and product specialists and team dedicated economists/strategists.

Your Acceptance of these Terms

These terms of use apply regardless of the channel by which you accessed this website. Your use of this website constitutes your acceptance of the terms contained herein, and you may not use this website unless you agree with these terms of use. You may reject these terms by leaving the website at any time.

Jurisdictional Issues and Applicable Law

The laws of the State of Delaware and applicable U.S. federal law shall govern these terms of use.  If you take legal action relating to these terms of use, you agree to file such action only in state or federal court within the State of Delaware, and you consent and submit to the personal jurisdiction of those courts for the purposes of litigating any such actions.  If any part of these terms of use is or becomes unlawful, void or unenforceable, that part will be deemed severable and will not affect the validity and enforceability of any remaining provisions.  You agree that any cause of action you have with respect to your use of this website must be commenced within one (1) year after the claim or cause of action arises, or it will be deemed to have been waived.

Your Use of NB.com

We hope that your visit to nb.com is enjoyable and of value to you. We also hope that you will return frequently and use it for a variety of services. Neuberger Berman Group LLC (together with its subsidiaries and affiliates, “Neuberger Berman”) makes all reasonable efforts to ensure that the information contained on this website is accurate and reliable; however, errors sometimes occur. You should note that the materials on this website are provided "as is" without any express or implied warranties. Neuberger Berman does not warrant that the functions contained in the materials will be uninterrupted or error-free, that defects will be corrected, or that this website or the servers that make it available are free from viruses or other harmful components. Neuberger Berman does not warrant or represent that the materials on this website are correct, accurate, or reliable. You (and not Neuberger Berman) assume the entire cost of all necessary servicing, repair, or correction of your property or operations as a result of using this website.

Neuberger Berman and its affiliates disclaim, to the fullest extent permitted by law, all express and implied warranties of merchantability, fitness for a particular purpose, and non-infringement. If you live in a state that does not allow disclaimers of implied warranties, our disclaimer may not apply to you.

By using this website, you accept at your own risk that the Internet and online communications medium may not perform as intended despite the efforts of Neuberger Berman, your Internet Service Provider, and you.

You are not authorized to post on or transmit to or from this website any unlawful, threatening, libelous, defamatory, obscene, scandalous, inflammatory, pornographic, or profane material, or any other content that could give rise to any civil or criminal liability under the law.

Reference to a fund or security anywhere on this website is not intended to constitute research and should not be construed as a recommendation to buy, sell, or hold that or any other security, except where an express offer is permissibly made. For example, we provide current prospectuses of our mutual funds and applications for you to use to make an investment.

Security prices are provided for your information only. They are based upon information that we consider reliable, but we do not represent that they are accurate or complete, and they should not be relied upon as such. Prices reflect Neuberger Berman's good faith effort to ascertain a fair valuation. These valuation levels do not necessarily assume immediate liquidation of the position and may not be realized upon liquidation. No representation is made that actual transactions could be effected at these levels. Market conditions, transaction size and other factors may affect the price received upon liquidation.

Hyperlinks to Other Websites

We may occasionally provide "hyperlinks," also known just as "links," to other companies’ websites. We provide these links when we think there are other websites that may interest or educate you. This is done as a convenience to you and should not be construed as an endorsement of any website, company, product or service by Neuberger Berman. Your following links from or to third party websites is at your sole risk.  While we make every attempt to provide links only to those websites we think are worthwhile and accurate, we cannot be responsible for the content or accuracy of the information presented on those websites and we specifically disclaim any liability for any loss or damages which you may incur, directly or indirectly, as a result of your use of them. We reserve the right to terminate a link to a third party website at any time.

You may not create a link from a third party website to this website without the prior written permission of Neuberger Berman.   With the prior written permission of Neuberger Berman, links from another web site to this site must resolve to the top-level homepage of a Neuberger Berman domain (e.g., www.nb.com).  In order to avoid confusion, if you do link from another web site to a Neuberger Berman top-level homepage, your web site, and the link itself, may not suggest that Neuberger Berman endorses, sponsors or is affiliated with any non-Neuberger Berman web site, entity, service or product, and may not make use of any Neuberger Berman trademarks or service marks other than those contained within the text of the link.

Copyrights and Trademarks

This website's content is protected by U.S. and worldwide copyright and trademark laws and treaty provisions. By using this website, we do not grant you any rights to copy, reproduce, distribute, modify, post, frame-in, sell or license any of the content contained herein, except that you may print a copy of the information contained herein for your personal use only. You may not reproduce or distribute the text or graphics to others or copy all or substantially all of the content to your own hard drive or server. [You also may not create a link from a third party website to this website without the prior written permission of Neuberger Berman.

Neuberger Berman, the Neuberger Berman logo, and all related names, logos, product and service names, designs, and slogans are trademarks of Neuberger Berman or its affiliates or licensors (“Neuberger Berman Marks”), except third party trademarks and service marks which are the property of their respective owners. You must not use any such marks without the prior written permission of Neuberger Berman or the respective owners.

Any use of Neuberger Berman Marks by third parties must be preceded by written permission from Neuberger Berman and must be used in the form and with the registered service mark designation as indicated.

Forward-Looking Statements

Statements made on our website and in other material in our Company Information area that look forward in time are forward-looking statements.  You can identify these forward-looking statements by the use of words such as “outlook,” “believe,” “expect,” “potential,” “continue,” “may,” “should,” “seek,” “approximately,” “predict,” “intend,” “will,” “plan,” “estimate,” “anticipate” or the negative version of these words or other comparable words.  Forward-looking statements are subject to various risks and uncertainties.  Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in Neuberger Berman’s products' performance, a general downturn in the economy, competition from other companies, changes in government policy or regulation, inability of Neuberger Berman to attract or retain key employees, inability of Neuberger Berman to implement its operating strategy and acquisition strategy, inability of Neuberger Berman to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.  The views on this website were prepared based upon the ifnormation available at the time such views were written.  Changed or additional information could cause such views to change.

Reuters Content

Reuters content is the intellectual property of Reuters. Any copying, republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. Reuters, the Reuters Logo and the Sphere Logo are registered trademarks of the Reuters group of companies around the world. For additional information on other Reuters Services please visit the Reuters public web site – www.reuters.com

Please note that Reuters provides these news articles as a courtesy to nb.com users. Neuberger Berman has no editorial control over the content or subject matter and does not agree or disagree with any recommendations, advice, or conclusions made therein. Neuberger Berman assumes no responsibility whatsoever for the articles' completeness, accuracy or timeliness. We caution our website users not to use these articles for other than general informational purposes. The Neuberger Berman copyright does not pertain to any Reuters news article appearing on our website.

Miscellaneous Provisions

Private Asset Management (PAM) portfolio managers’ views may vary from those of other portfolio managers as well as the views of Neuberger Berman. All PAM accounts are managed based upon each client’s needs and objectives. Individual account holdings and characteristics may vary since investment objectives, tax considerations and other factors differ from account to account. Portfolio characteristics are subject to change without notice.

The past performance of any account or fund managed by Neuberger Berman is not indicative of its future results. The value of your investment, when sold, may be worth more or less than the original cost.

Material contained on this website should not be considered legal, tax, investment, financial or other professional advice.  In preparing the information contained on this website, Neuberger Berman has not taken into account the investment needs, objectives of any particular investor.  You are advised not to rely on any information contained on this website in the process of making an informed the decision.  Decisions based on information contained within this website are your sole responsibility, and before making any decision on the basis of that information, you should consider, with or without the assistance of a securities adviser or other adviser, whether the information is appropriate in light of your particular investment needs, objectives and financial circumstances.

The information provided herein is not directed at any investor or category of investors and is provided solely as general information about our products and services and to otherwise provide general investment education. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as Neuberger Berman Group LLC (and its affiliates, “Neuberger Berman”) is not undertaking to provide impartial investment advice, act as an impartial adviser, or give advice in a fiduciary capacity with respect to the materials presented herein. If you are an individual retirement investor, contact your financial advisor or other non-Neuberger Berman fiduciary about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances.

Pursuant to SEC Rule 606, written copies of statistical reports on Neuberger Berman's order routing and execution are available.

Please click here for the Rule 606 report.

Pursuant to FINRA Rule 4370, a written plan describing Neuberger Berman's Business Continuity Plan is available for your review. Please click here.

Neuberger Berman data, including employee and assets under management figures, reflect collective data for the various affiliated investment advisers that are subsidiaries of Neuberger Berman. Neuberger Berman history and timelines includes the history and business expansions of all Neuberger Berman subsidiaries, including predecessor entities and acquisition entities.  Investment professionals referenced include portfolio managers, research analysts/associates, traders, and product specialists and team dedicated economists/strategists.

Your Acceptance of these Terms

These terms of use apply regardless of the channel by which you accessed this website. Your use of this website constitutes your acceptance of the terms contained herein, and you may not use this website unless you agree with these terms of use. You may reject these terms by leaving the website at any time.

Jurisdictional Issues and Applicable Law

The laws of the State of Delaware and applicable U.S. federal law shall govern these terms of use.  If you take legal action relating to these terms of use, you agree to file such action only in state or federal court within the State of Delaware, and you consent and submit to the personal jurisdiction of those courts for the purposes of litigating any such actions.  If any part of these terms of use is or becomes unlawful, void or unenforceable, that part will be deemed severable and will not affect the validity and enforceability of any remaining provisions.  You agree that any cause of action you have with respect to your use of this website must be commenced within one (1) year after the claim or cause of action arises, or it will be deemed to have been waived.

This page sets out the terms on which you may make use of this website and apply to every page on the website, whether or not such pages are individually disclaimed. Please read these terms carefully before you start to use the website. By using the website, you have indicated that you accept these terms and that you agree to abide by them. If you do not agree to these terms, please refrain from using the website.

About Neuberger Berman Asia Limited

This website is operated by Neuberger Berman Asia Limited (“NBAL”).

NBAL is a company incorporated under the laws of the Hong Kong Special Administrative Region (“Hong Kong”), with its principal place of business in Hong Kong at 20/F, Jardine House, 1 Connaught Place, Central, Hong Kong. NBAL is licensed and regulated by the Hong Kong Securities and Futures Commission to carry on Types 1 (dealing in securities), 4 (advising on securities) and 9 (asset management) regulated activities, as defined under the Securities and Futures Ordinance (“SFO”).

Intended Users and US Persons

The information contained on this website is intended for investors investing through the Offshore Banking Unit (“OBU”) or Offshore Securities Unit (“OSU”) of Taiwan intermediaries only. It is not intended for Hong Kong retail investors. If you are not investing through the OBU / OSU regime, please do not use this website.

For investors investing through the OBU/OSU regime, please note that shares or units in collective investment schemes referred to on this website may not be approved for offering, sale, issuance or consultation by the Taiwan regulatory authorities. Share or units in such collective investment schemes are only available to OBU and/or OSU clients outside of Taiwan. The information on this website may not be circulated, issued or distributed in Taiwan for the purpose of any offering, recommendation or solicitation of any collective investment scheme. All information contained on this website is for general information only (please see “No Investment, Legal or Tax advice” below).

This website does not constitute an offer or solicitation and is not directed at you if NBAL is prohibited by any law of any jurisdiction from making the information on this website available to you and is not intended for any use that would be contrary to local law or regulation. No products and services mentioned on this website must be promoted in any jurisdiction where this would not be permitted.

This website is not aimed at any US Person (as defined by Regulation S of the US Securities Act 1933) and is not for distribution and does not constitute an offer to or solicitation to buy any securities in the USA. By accessing this website, you agree that you are not a US Person, a resident of the US, currently located in the US or a person acting on account of a US Person.

No Investment, Legal or Tax Advice

This website does not constitute investment, legal or tax advice with respect to our products and services and it is important that you do not rely on its content when making an investment decision. The information on this website is general information only and does not take into account your individual objectives, financial situation or needs. No recommendation or advice is being given as to whether any investment or strategy referred to on this website is suitable for you. You should obtain relevant and specific professional advice before making any decision to enter into an investment transaction. NBAL will not treat users of the website as its clients by virtue of them accessing it.

Past performance is not indicative of future results. The value of investment funds and the income therefrom may go down as well as up and you may not get back the original amount invested. Your capital could be at risk. You are not certain to make money from your investments and you may lose money. Exchange rates may cause the value of overseas investments and the income therefrom to rise and fall.

UCITS Disclaimer

Neuberger Berman Investment Funds plc (the "Fund") is authorised by the Central Bank of Ireland (the "Financial Regulator") as an Undertaking for Collective Investment in Transferable Securities under the European Communities ("UCITS") Regulations 2011 (S.I. 253 of 2011) of Ireland, as amended.

This website does not constitute an offer or solicitation and is not directed at you if NBAL is prohibited by any law of any jurisdiction from making the information on this website available to you and is not intended for any use that would be contrary to local law or regulation.

Subscriptions will only be received and shares issued on the basis of the current prospectus for the Fund or collective investment scheme. It is your responsibility to read and understand the prospectus (and any supporting documents such as the latest reports and accounts). By making an application you will be deemed to represent that you have read such prospectus and agree to be bound by its contents. This website does not constitute investment advice. Past performance is not indicative of future results.

Third Party and Other Information

NBAL does not represent that the information on this website, including any third party information, is accurate or complete and it should not be relied upon as such. Certain information contained on this website (including any forward-looking statements and economic and market information) has been obtained from published sources and/or prepared by third parties and may not be current. While such sources are believed to be reliable, NBAL, each of its officers, employees and affiliates do not assume any responsibility for the accuracy or completeness of such information. Any views or opinions expressed may not reflect those of NBAL, or any of its officers, employees and affiliates as a whole.

The information expressed on this website is subject to change without notice.

Your Use of the Website

You must NOT use the website (or permit or procure others to use it) as follows:

• for any unlawful, improper or illegal purpose or activity;
• to communicate or receive information that is obscene, indecent, pornographic, sadistic, cruel, or racist in content, of a sexually explicit or graphic nature, which promotes or incites discrimination, hatred or racism or which might be legally actionable for any reason;
• in a manner intended to threaten, harass, or intimidate;
• to violate NBAL’s or any third party's copyright, trademark, proprietary or other intellectual property rights;
• to damage NBAL's name or reputation or that of our affiliated companies or any third parties;
• to impersonate any of our employees or other person or use a false name while using our website or implying an association with us;
• to penetrate our security measures or other entities' systems ("hacking");
• to transmit unsolicited voluminous emails (for example, spamming) or to intercept, interfere with or redirect email intended for others using our website;
• to generate excessive amounts of internet traffic, to interfere with our network or other's use of our website or to engage in activities designed to or having the effect of degrading or denying service to users of our website or others;
• to introduce viruses, worms, harmful code and/or Trojan horses onto the internet or into our website or any other entity's systems and it is your responsibility to ensure that whatever you download or select for your use from our website is free from such items;
• to post or transmit information that is defamatory, fraudulent or deceptive, including but not limited to scams such as "make-money-fast" schemes or "pyramid/chain" letters;
• to transmit confidential or proprietary information, except solely at your own risk; and/or
• to do any other thing that may interfere with or interrupt the use of the website by any other person or otherwise interfere or interrupt with the operation of our business or the business of any of our related entities.

When using the website, you must comply with all applicable local, national and international laws and regulations, including those related to data privacy, international communications and exportation of technical or personal data. It may be illegal to download the information contained on the website in certain countries and we and our affiliated companies disclaim all responsibility if you download any information from the website in breach of any law or regulation of the country in which you reside.

Your Access

We may, in our absolute discretion, and without any liability or giving any reason to you, terminate, suspend or restrict your access or use of part or all of the website if we consider that you have breached any of these terms or if we otherwise consider it necessary in order for the proper functioning of the website.

Intellectual Property Rights

The entire contents of this website are subject to copyright with all rights reserved. You may download or print individual sections of the website for your personal use and information only provided that you are legally entitled to access the material and you retain all copyright and other proprietary notices. You may not reproduce (in whole or in part), transmit (by electronic means or otherwise), modify, link into or use for any public or commercial purpose the website without the prior written permission of NBAL.

Nothing on this website should be construed as granting any licence or right in relation to any of our trademarks or those of our affiliated companies or any third party.

No Warranty

The website, including information and materials contained in the website, text, graphics, software, links and other items are provided "as is" and/or "as available". NBAL does not warrant the accuracy, adequacy, completeness, timeliness or availability of the website, and expressly disclaims liability for errors or omissions in the website. To the maximum extent permitted by law, NBAL expressly disclaims any implied statutory guarantees and any express or implied warranties of any kind, including any warranties of merchantability, fitness for a particular purpose or non-infringement in conjunction with the website.

Limitation of Liability

To the maximum extent permitted by law, NBAL and each of its officers, employees and affiliates, excludes all liability for any damages, including, without limitation, direct or indirect, special, incidental, or consequential damages, losses or expenses arising in connection with the website or use thereof or the inability by any party to use such website, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure, even if NBAL, or representatives thereof, are advised of the possibility of such damages, losses or expenses.

Weblinks

No company or person may link their website to this website or any affiliated site without the written permission of NBAL. Where a link to a non-Neuberger Berman website exists, to the extent permitted by applicable law, NBAL does not accept responsibility for the content of such website nor the products, services or other items offered through that website.

Cookies

We may use cookies to track your visits to this website as it enables us to simplify any future visits. If you do not wish to have cookies stored on your computer, you should disable them in your browser's security options.

Data Privacy

Please read our Privacy Statement before providing NBAL with any personal information on this website. By providing any personal information on this website, you will be deemed to have read and accepted our Privacy Statement.

Law and Variation

This website shall be governed by, and your browsing in and use of this website shall be deemed acceptance of, the laws of Hong Kong. A condition of using this website is that in the event of any dispute or proceeding you irrevocably submit to the exclusive jurisdiction of the Hong Kong courts and waive any objection to proceedings in such courts on the grounds of venue or on the grounds that the proceedings have been brought in an inconvenient forum.

NBAL may revise these Terms of Use at any time by amending this page. You are expected to check this page from time to time to take notice of any changes NBAL makes, as they are binding on you.

Each time you use this website, a condition of use is that you comply with the above terms.

Your Use of NB.com

We hope that your visit to nb.com is enjoyable and of value to you. We also hope that you will return frequently and use it for a variety of services. Neuberger Berman Group LLC (together with its subsidiaries and affiliates, “Neuberger Berman”) makes all reasonable efforts to ensure that the information contained on this website is accurate and reliable; however, errors sometimes occur. You should note that the materials on this website are provided "as is" without any express or implied warranties. Neuberger Berman does not warrant that the functions contained in the materials will be uninterrupted or error-free, that defects will be corrected, or that this website or the servers that make it available are free from viruses or other harmful components. Neuberger Berman does not warrant or represent that the materials on this website are correct, accurate, or reliable. You (and not Neuberger Berman) assume the entire cost of all necessary servicing, repair, or correction of your property or operations as a result of using this website.

Neuberger Berman and its affiliates disclaim, to the fullest extent permitted by law, all express and implied warranties of merchantability, fitness for a particular purpose, and non-infringement. If you live in a state that does not allow disclaimers of implied warranties, our disclaimer may not apply to you.

By using this website, you accept at your own risk that the Internet and online communications medium may not perform as intended despite the efforts of Neuberger Berman, your Internet Service Provider, and you.

You are not authorized to post on or transmit to or from this website any unlawful, threatening, libelous, defamatory, obscene, scandalous, inflammatory, pornographic, or profane material, or any other content that could give rise to any civil or criminal liability under the law.

Reference to a fund or security anywhere on this website is not intended to constitute research and should not be construed as a recommendation to buy, sell, or hold that or any other security, except where an express offer is permissibly made. For example, we provide current prospectuses of our mutual funds and applications for you to use to make an investment.

Security prices are provided for your information only. They are based upon information that we consider reliable, but we do not represent that they are accurate or complete, and they should not be relied upon as such. Prices reflect Neuberger Berman's good faith effort to ascertain a fair valuation. These valuation levels do not necessarily assume immediate liquidation of the position and may not be realized upon liquidation. No representation is made that actual transactions could be effected at these levels. Market conditions, transaction size and other factors may affect the price received upon liquidation.

Hyperlinks to Other Websites

We may occasionally provide "hyperlinks," also known just as "links," to other companies’ websites. We provide these links when we think there are other websites that may interest or educate you. This is done as a convenience to you and should not be construed as an endorsement of any website, company, product or service by Neuberger Berman. Your following links from or to third party websites is at your sole risk.  While we make every attempt to provide links only to those websites we think are worthwhile and accurate, we cannot be responsible for the content or accuracy of the information presented on those websites and we specifically disclaim any liability for any loss or damages which you may incur, directly or indirectly, as a result of your use of them. We reserve the right to terminate a link to a third party website at any time.

You may not create a link from a third party website to this website without the prior written permission of Neuberger Berman.   With the prior written permission of Neuberger Berman, links from another web site to this site must resolve to the top-level homepage of a Neuberger Berman domain (e.g., www.nb.com).  In order to avoid confusion, if you do link from another web site to a Neuberger Berman top-level homepage, your web site, and the link itself, may not suggest that Neuberger Berman endorses, sponsors or is affiliated with any non-Neuberger Berman web site, entity, service or product, and may not make use of any Neuberger Berman trademarks or service marks other than those contained within the text of the link.

Copyrights and Trademarks

This website's content is protected by U.S. and worldwide copyright and trademark laws and treaty provisions. By using this website, we do not grant you any rights to copy, reproduce, distribute, modify, post, frame-in, sell or license any of the content contained herein, except that you may print a copy of the information contained herein for your personal use only. You may not reproduce or distribute the text or graphics to others or copy all or substantially all of the content to your own hard drive or server. [You also may not create a link from a third party website to this website without the prior written permission of Neuberger Berman.

Neuberger Berman, the Neuberger Berman logo, and all related names, logos, product and service names, designs, and slogans are trademarks of Neuberger Berman or its affiliates or licensors (“Neuberger Berman Marks”), except third party trademarks and service marks which are the property of their respective owners. You must not use any such marks without the prior written permission of Neuberger Berman or the respective owners.

Any use of Neuberger Berman Marks by third parties must be preceded by written permission from Neuberger Berman and must be used in the form and with the registered service mark designation as indicated.

Forward-Looking Statements

Statements made on our website and in other material in our Company Information area that look forward in time are forward-looking statements.  You can identify these forward-looking statements by the use of words such as “outlook,” “believe,” “expect,” “potential,” “continue,” “may,” “should,” “seek,” “approximately,” “predict,” “intend,” “will,” “plan,” “estimate,” “anticipate” or the negative version of these words or other comparable words.  Forward-looking statements are subject to various risks and uncertainties.  Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in Neuberger Berman’s products' performance, a general downturn in the economy, competition from other companies, changes in government policy or regulation, inability of Neuberger Berman to attract or retain key employees, inability of Neuberger Berman to implement its operating strategy and acquisition strategy, inability of Neuberger Berman to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.  The views on this website were prepared based upon the ifnormation available at the time such views were written.  Changed or additional information could cause such views to change.

Reuters Content

Reuters content is the intellectual property of Reuters. Any copying, republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. Reuters, the Reuters Logo and the Sphere Logo are registered trademarks of the Reuters group of companies around the world. For additional information on other Reuters Services please visit the Reuters public web site – www.reuters.com

Please note that Reuters provides these news articles as a courtesy to nb.com users. Neuberger Berman has no editorial control over the content or subject matter and does not agree or disagree with any recommendations, advice, or conclusions made therein. Neuberger Berman assumes no responsibility whatsoever for the articles' completeness, accuracy or timeliness. We caution our website users not to use these articles for other than general informational purposes. The Neuberger Berman copyright does not pertain to any Reuters news article appearing on our website.

Miscellaneous Provisions

Private Asset Management (PAM) portfolio managers’ views may vary from those of other portfolio managers as well as the views of Neuberger Berman. All PAM accounts are managed based upon each client’s needs and objectives. Individual account holdings and characteristics may vary since investment objectives, tax considerations and other factors differ from account to account. Portfolio characteristics are subject to change without notice.

The past performance of any account or fund managed by Neuberger Berman is not indicative of its future results. The value of your investment, when sold, may be worth more or less than the original cost.

Material contained on this website should not be considered legal, tax, investment, financial or other professional advice.  In preparing the information contained on this website, Neuberger Berman has not taken into account the investment needs, objectives of any particular investor.  You are advised not to rely on any information contained on this website in the process of making an informed the decision.  Decisions based on information contained within this website are your sole responsibility, and before making any decision on the basis of that information, you should consider, with or without the assistance of a securities adviser or other adviser, whether the information is appropriate in light of your particular investment needs, objectives and financial circumstances.

The information provided herein is not directed at any investor or category of investors and is provided solely as general information about our products and services and to otherwise provide general investment education. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as Neuberger Berman Group LLC (and its affiliates, “Neuberger Berman”) is not undertaking to provide impartial investment advice, act as an impartial adviser, or give advice in a fiduciary capacity with respect to the materials presented herein. If you are an individual retirement investor, contact your financial advisor or other non-Neuberger Berman fiduciary about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances.

Pursuant to SEC Rule 606, written copies of statistical reports on Neuberger Berman's order routing and execution are available.

Please click here for the Rule 606 report.

Pursuant to FINRA Rule 4370, a written plan describing Neuberger Berman's Business Continuity Plan is available for your review. Please click here.

Neuberger Berman data, including employee and assets under management figures, reflect collective data for the various affiliated investment advisers that are subsidiaries of Neuberger Berman. Neuberger Berman history and timelines includes the history and business expansions of all Neuberger Berman subsidiaries, including predecessor entities and acquisition entities.  Investment professionals referenced include portfolio managers, research analysts/associates, traders, and product specialists and team dedicated economists/strategists.

Your Acceptance of these Terms

These terms of use apply regardless of the channel by which you accessed this website. Your use of this website constitutes your acceptance of the terms contained herein, and you may not use this website unless you agree with these terms of use. You may reject these terms by leaving the website at any time.

Jurisdictional Issues and Applicable Law

The laws of the State of Delaware and applicable U.S. federal law shall govern these terms of use.  If you take legal action relating to these terms of use, you agree to file such action only in state or federal court within the State of Delaware, and you consent and submit to the personal jurisdiction of those courts for the purposes of litigating any such actions.  If any part of these terms of use is or becomes unlawful, void or unenforceable, that part will be deemed severable and will not affect the validity and enforceability of any remaining provisions.  You agree that any cause of action you have with respect to your use of this website must be commenced within one (1) year after the claim or cause of action arises, or it will be deemed to have been waived.

About Neuberger Berman

This information is directed solely at persons in jurisdictions where the funds and relevant share classes are registered or who may otherwise lawfully receive it. Before investing, investors should review the fund’s full prospectus, together with the applicable Key Investor Information Document (KIID) and the most recent financial statements. The Fund’s securities have not been registered under the Securities Act of 1933, as amended, and may only be offered or sold to investors that are not deemed U.S. Persons in an offshore transaction in accordance with Regulation S. Copies of these documents, including the latest annual report and, if issued thereafter, the latest semi-annual report, may be obtained free of charge from Neuberger Berman Europe Limited, by visiting www.nb.com or in printed form by contacting the local distributor in the jurisdictions in which the funds are authorized for distribution. Any entity responsible for forwarding this material to other parties takes responsibility for ensuring compliance with applicable securities laws.

This website is operated by Neuberger Berman Europe Limited (“NBEL”). NBEL is registered in the United Kingdom with company number 05463227 and with its registered office at The Zig Zag Building, 70 Victoria Street, London, SW1E 6SQ, United Kingdom. NBEL is authorised and regulated by the Financial Conduct Authority ("FCA") and is entered on the FCA register (Register Number 442488). NBEL’s VAT number is 986032208.

Certain investment products and/or funds referred to on this website are managed and/or advised by NBEL's subsidiary Neuberger Berman Asset Management Ireland Limited ("NBAMIL") and the services and investment products and/or funds managed by NBEL and its Affiliates may, subject to compliance with applicable law, be offered in Europe by NBAMIL. NBAMIL is incorporated in Ireland under the Irish Companies Act 2014 with registration number 629805. Its registered office is at 2 Central Plaza, Dame Street, Dublin, D02 T0X4, Ireland. NBAMIL is authorised by the Central Bank of Ireland pursuant to the European Union (Alternative Investment Fund Managers) Regulations 2013, as amended.

General enquiries about the day to day operation of services by NB Europe (as defined below) should be directed to the NB Europe client services team on telephone +44 (0)20 3214 9096 or sent to clientservices@nb.com or such other address as NB Europe may notify to you. Please note that calls may be recorded for the purposes of compliance with record keeping and reporting obligations.

Definitions

“Affiliates” means any person or entity controlling, controlled by or under common control with the relevant party.

"KIID" means Key Investor Information Document as defined in Directive 2009/65/EC on UCITS IV and Commission Regulation 583/2010.

"NB Europe" means NBEL and NBAMIL.

"UCITS" means Undertaking for Collective Investment in Transferable Securities.

"UCITS Fund" means Neuberger Berman Investment Funds plc.

Privacy Policy

NB Europe is committed to protecting and safeguarding your personal data. Our Privacy Policy is designed to help you understand the type of personal data we collect and what we do with it. By using this website and by transferring your personal data to us, you understand and agree that this data will processed in accordance with the terms of our Privacy Policy.

Investment Information

The information contained on this website is designed solely for Professional Clients (as defined under the FCA Rules). If you are not a Professional Client, you should not proceed any further. The content of this site should not be looked at or distributed to Retail Clients (as defined under the FCA Rules).

Certain products and services mentioned on this website may not be eligible for sale in some countries and they may not be suitable for all types of investors. This website does not constitute an offer or solicitation and is not directed at you if NB Europe is prohibited by any law of any jurisdiction from making the information on this website available to you and is not intended for any use that would be contrary to local law or regulation. It is your responsibility to be aware of and comply with any relevant laws or regulations applicable in your jurisdiction. No products and services mentioned on this website must be promoted in any jurisdiction where this would not be permitted.

This website does not constitute investment, legal or tax advice with respect to the products and services and it is important that you do not rely on its content when making an investment decision. You should obtain relevant and specific professional advice before making any decision to enter into an investment transaction. NB Europe does not represent that the information on this website, including any third-party information, is accurate or complete and it should not be relied upon as such.

Past performance is not indicative of future results and there is no guarantee that the market price of the shares or units will fully reflect their underlying net asset value. There is also no guarantee that the investment objective will be achieved. The value of investment funds and the income therefrom may go down as well as up and you may not get back the original amount invested. Your capital could be at risk. You are not certain to make money from your investments and you may lose money. Exchange rates may cause the value of overseas investments and the income therefrom to rise and fall.

The levels and bases of and reliefs from taxation may change. Any tax reliefs referred to are those currently available and their value depends on the circumstances of the individual investor. Investors should consult their own tax adviser in order to understand any applicable tax consequences.

United States

The investment products described on this website have not been registered under the US Securities Act 1933, as amended. Furthermore, the funds may only be offered or sold to investors that are not deemed to be “US Persons” in accordance with the relevant fund’s prospectus. Consequently, this website is not aimed at any US Person and does not constitute an offer to or solicitation to buy any securities in the USA. The information on this website is directed solely at persons in jurisdictions where the funds and relevant share classes are registered or who may otherwise lawfully receive it. Before investing, investors should review the relevant fund’s full prospectus, together with the applicable KIID and the most recent financial statements. Copies of these documents, including the latest annual report and, if issued thereafter, the latest semi-annual report, may be obtained free of charge from this website or in printed form by contacting the local distributor in the jurisdictions in which the funds are authorised for distribution. Any entity responsible for forwarding this material to other parties takes responsibility for ensuring compliance with applicable securities laws.

UCITS Disclaimer

The UCITS Fund is authorised by the Central Bank of Ireland as an UCITS under the European Communities UCITS Regulations 2011 (S.I. 253 of 2011) of Ireland, as amended.

Please see the link to the country registration matrix to check where all the sub-funds are registered.

Country Registration Matrix

Certain sub-funds of the UCITS Fund mentioned on this website may not be eligible for sale in some countries and they may not be suitable for all types of investors. This website is not intended to distribute or offer or solicit the sale of shares or units in the UCITS Fund and any jurisdiction in which such distribution, or offer or solicitation would be considered contrary to local law or regulation.

NBEL may from time to time register existing funds in new jurisdictions and launch new sub-funds; it may also launch new funds. Please contact your local representative (see Contacts tab) to confirm the latest registration status of the UCITS Fund(s).

Subscriptions will only be received and shares issued on the basis of the current prospectus and KIID for the UCITS Fund. It is your responsibility to use such prospectus and KIID and by making an application you will be deemed to represent that you have read such prospectus and agree to be bound by its contents. Copies of the prospectus, KIID and the report and accounts can be obtained from this website. Additional information, such as factsheets, on this website has been prepared by NBEL in its capacity as investment manager of the UCITS Fund and is believed to be reliable but there is no guarantee as to the adequacy, accuracy or completeness. This website does not constitute investment advice. Past performance is not indicative of future results.

By clicking the box below, you confirm that you are from an eligible jurisdiction to review material relating to the UCITS Fund (or are authorised to conduct investment business in the jurisdiction within which you are resident and under the law of that jurisdiction, you are authorised to view material relating to collective investment schemes).

Unlawful or Prohibited Use

This page sets out the terms on which you may make use of this website and apply to every page on the website, whether or not such pages are individually disclaimed. Please read these terms carefully before you start to use the website. By using the website, you have indicated that you accept these terms and that you agree to abide by them. If you do not agree to these terms, please refrain from using the website.

You must NOT knowingly or recklessly use the website (or permit or procure others to use it) as follows:

• for any unlawful, improper or illegal purpose or activity;
• to communicate or receive information that is obscene, indecent, pornographic, sadistic, cruel, or racist in content, of a sexually explicit or graphic nature, which promotes or incites discrimination, hatred or racism or which might be legally actionable for any reason;
• in a manner intended to threaten, harass, or intimidate;
• to violate NB Europe's or any third party's copyright, trademark, proprietary or other intellectual property rights;
• to damage NB Europe's name or reputation or that of our affiliated companies or any third parties;
• to impersonate any of our employees or other person or use a false name while using our site or implying an association with us;
• to penetrate our security measures or other entities' systems ("hacking") or attempt to do so;
• to transmit unsolicited voluminous emails (for example, spamming) or to intercept, interfere with or redirect email intended for others using our site;
• to generate excessive amounts of internet traffic, to interfere with our network or other's use of our site or to engage in activities designed to or having the effect of degrading or denying service to users of our site or others;
• to transmit any viruses, worms, harmful code and/or Trojan horses onto the internet or into our site or any other entity's systems and it is your responsibility to ensure that whatever you download or select for your use from our site is free from such items;
• to post or transmit information that is defamatory, fraudulent, untruthful, inaccurate, a misrepresentation of your identity or deceptive, including but not limited to scams such as "make-money-fast" schemes or "pyramid/chain" letters; and/or
• to transmit confidential or proprietary information, except solely at your own risk.

When using the website, you must comply with all applicable local, national and international laws and regulations, including those related to data privacy, international communications and exportation of technical or personal data. It may be illegal to download the information contained on the website in certain countries and we and our affiliated companies disclaim all responsibility if you download any information from the website in breach of any law or regulation of the country in which you reside.

Intellectual Property Rights

The entire contents of this website are subject to copyright with all rights reserved and protected by law. You may download or print individual sections of the website strictly for your personal use and information only provided that you retain all copyright and other proprietary notices. You may not otherwise reproduce (in whole or in part), copy, alter, transmit (by electronic means or otherwise), modify, link into or use for any public or commercial purpose the site without the prior written permission of NB Europe and you may not in any circumstances scrape this website or carry out any sort of similar activity in relation to this website.

Nothing on this website should be construed as granting any licence or right in relation to any of our trademarks or those of our affiliated companies or any third party.

No Warranty

The website, including information and materials contained in the website, text, graphics, software, links and other items are provided "as is," "as available". Whilst we aim to update the website regularly, its content is provided for information purposes only and NB Europe does not warrant the accuracy, adequacy, completeness, timeliness or availability of the website, and expressly disclaims liability for errors or omissions in the website. There is no warranty of merchantability, no warranty of fitness for a particular purpose, no warranty of non-infringement, no warranty of any kind, implied, express or statutory, in conjunction with the website.

Limitation of Liability

To the fullest extent allowed by law, NB Europe and their affiliates, or any of their respective members, officers, directors or employees ("Related Persons") shall not be liable, whether in tort (including negligence) or otherwise howsoever, for any losses, damages, costs or expenses of whatever nature (including without limitation any consequential, indirect or unforeseeable loss or loss of bargain, opportunity or profit, as well as fees and expenses of legal counsel) (together, “Losses”) incurred or suffered by you or any third party arising out of or in connection with the access to, use of or inability to use, or linking to other websites or resources from, this website or reliance on any information contained on this website nor will NB Europe be liable in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure, even if NB Europe, or representatives thereof, are advised of the possibility of such damages, losses or expenses. Nothing in these terms shall limit our liability for death, personal injury or fraud resulting from any negligence of NB Europe.

As consideration for your access to and use of this website, you agree to indemnify and hold harmless NB Europe and its Related Persons from and against any and all Losses, including without limitation those related to any action by any third party against you, NB Europe or any of its Related Persons arising out of or in connection with your access to or use of this website or of any of the contents on this website or your non-compliance with these terms.

Nothing in these terms excludes or restricts any duty or liability that NB Europe may have under any applicable law or regulatory system which may not be excluded or restricted as a matter of applicable law.

Weblinks

No company or person may link their website to www.nb.com without the written permission of NB Europe.

Where a link to a non-NB Europe on this website, to the extent permitted by the FCA Rules, it is provided for your information only and NB Europe does not accept responsibility for any of the content of such website nor the products, services, resources or other items offered through that website or any Losses that may arise from your accessing or using them, nor should any links to such websites or resources be construed as an endorsement by NB Europe or its Related Persons of such websites, resources or the information contained on them.

Cookies Policy

Please consult NB Europe’s Cookies Policy which includes details on the use of performance, identification and targeting cookies (both our own and third parties') to enhance the functionality of this website, to enable us to monitor usage and to assist with future communications. A cookie is an element of data that a website can send to your browser, which may then store it on your system. NB Europe may use cookies in some of the pages of this website to record session information and for analysing traffic to the website. You can adjust settings on your browser so that you will be notified when you receive a cookie, giving you a choice to either refuse or accept it.

Termination

NB Europe has the right to terminate your access to this website at any time on giving notice to you and in any event if you commit any breach of these terms and conditions. NB Europe shall have no liability to you for such termination. In the event that your access to this website is terminated, the remaining provisions of these terms and conditions will continue to apply.

Amendments to these Terms

NB Europe may revise these terms of use at any time by amending these terms and conditions. You are expected to check these terms and conditions from time to time to take note of any changes to these terms.

Law and Variation

This website shall be governed by, and your browsing in and use of this website shall be deemed acceptance of, the laws of England and Wales. A condition of using this website is that in the event of any dispute or proceeding you irrevocably submit to the exclusive jurisdiction of the English Courts and waive any objection to proceedings in such courts on the grounds of venue or on the grounds that the proceedings have been brought in an inconvenient forum.

NB Europe may revise this Important Information at any time by amending this page. You are expected to check this page from time to time to take notice of any changes NB Europe makes, as they are binding on you. The views expressed on this website are the opinions of NB Europe and such opinions are subject to change without notice.

Each time you use this website, a condition of use is that you agree and comply with the above terms and conditions.

Disclaimer

I confirm I have read the Important Information set out above and accept and agree with the terms of use. I confirm that I am a Financial Professional and that I am not a US Person.

Dubai International Financial Center (DIFC)

Please read the following important information set out in these terms and conditions ("Important Information") and then select the appropriate option box.

The website contains information which can be considered as marketing communication.

This website is operated by Neuberger Berman Europe Limited (“NBEL”). NBEL is registered in the United Kingdom with company number 05463227 and with its registered office at The Zig Zag Building, 70 Victoria Street, London, SW1E 6SQ, United Kingdom. NBEL is authorised and regulated by the Financial Conduct Authority ("FCA") and is entered on the FCA register (Register Number 442488). NBEL’s VAT number is 986032208. Neuberger Berman Europe Limited Dubai branch is regulated by the Dubai Financial Services Authority (“DFSA”) in the Dubai International Financial Centre.

The information contained on this website is designed solely for Professional Clients and Market Counterparties (as defined under the DFSA Rulebook Conduct of Business Module (“COB”)). If you are not a Professional Client or Market Counterparty, you should not proceed any further. The content of this site should not be looked at or distributed to Retail Clients (as defined under the COB rules).

This website contains information on funds which are not subject to any form of regulation or approval by the DFSA. The DFSA has no responsibility for reviewing or verifying any prospectus or other documents in connection with these funds. Accordingly, the DFSA has not approved the prospectus or any other associated documents nor taken any steps to verify the information set out in this document, and has no responsibility for it.

The units to which this website relates may be illiquid and/or subject to restrictions on their resale. Prospective purchasers should conduct their own due diligence on the units. If you do not understand the contents of this document you should consult an authorised financial adviser.

Certain investment products and/or funds referred to on this website are managed and/or advised by NBEL's subsidiary Neuberger Berman Asset Management Ireland Limited ("NBAMIL") NBAMIL is incorporated in Ireland under the Irish Companies Act 2014 with registration number 629805. Its registered office is at 32 Molesworth Street, Dublin 2, Ireland. NBAMIL is authorised by the Central Bank of Ireland pursuant to the European Union (Alternative Investment Fund Managers) Regulations 2013, as amended.

Certain products and services mentioned on this website may not be eligible for sale in some countries and they may not be suitable for all types of investors. This website does not constitute an offer or solicitation and is not directed at you if NBEL is prohibited by any law of any jurisdiction from making the information on this website available to you and is not intended for any use that would be contrary to local law or regulation. It is your responsibility to be aware of and comply with any relevant laws or regulations applicable in your jurisdiction. No products and services mentioned on this website must be promoted in any jurisdiction where this would not be permitted.

By accepting and agreeing with the terms of use, below, you confirm that you are from an eligible jurisdiction to review material relating to the products and services discussed herein (or are authorised to conduct investment business in the jurisdiction within which you are resident and under the law of that jurisdiction, you are authorised to view material relating to such products and services).

Certain investment products and/or funds referred to on this website are managed and/or advised by NBEL's subsidiary Neuberger Berman Asset Management Ireland Limited ("NBAMIL") and the services and investment products and/or funds managed by NBEL and its Affiliates may, subject to compliance with applicable law, be offered in Europe by NBAMIL. NBAMIL is incorporated in Ireland under the Irish Companies Act 2014 with registration number 629805. Its registered office is at 2 Central Plaza, Dame Street, Dublin, D02 T0X4. NBAMIL is authorised by the Central Bank of Ireland pursuant to the European Union (Alternative Investment Fund Managers) Regulations 2013, as amended.

General enquiries about the day to day operation of services by NB Europe (as defined below) should be directed to the NB Europe client services team on telephone +44 (0)20 3214 9096 or sent to KIID" means Key Investor Information Document as defined in Directive 2009/65/EC on UCITS IV and Commission Regulation 583/2010.

"KID" means Key Investor Information Document as defined in REGULATION (EU) No 1286/2014 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 26 November

2014 on key information documents for packaged retail and insurance-based investment products (PRIIPs)

"NB Europe" means NBEL and NBAMIL.

"UCITS" means Undertaking for Collective Investment in Transferable Securities.

"UCITS Fund" means Neuberger Berman Investment Funds plc.

Privacy Policy

NB Europe is committed to protecting and safeguarding your personal data. Our Privacy Policy is designed to help you understand the type of personal data we collect and what we do with it. By using this website and by sharing your personal data to us, you understand and agree that this data will processed in accordance with the terms of our Privacy Policy.

Investment Information

This website does not constitute investment, legal or tax advice with respect to the products and services and it is important that you do not rely on its content when making an investment decision. You should obtain relevant and specific professional advice before making any decision to enter into an investment transaction. NBEL does not represent that the information on this website, including any third-party information, is accurate or complete and it should not be relied upon as such. Past performance is not indicative of future results and there is no guarantee that the market price of the shares or units will fully reflect their underlying net asset value.

There is also no guarantee that the investment objective will be achieved. The value of investment funds and the income therefrom may go down as well as up and you may not get back the original amount invested. Your capital could be at risk. You are not certain to make money from your investments and you may lose money. Exchange rates may cause the value of overseas investments and the income therefrom to rise and fall.

The levels and bases of and reliefs from taxation may change. Any tax reliefs referred to are those currently available and their value depends on the circumstances of the individual investor. Investors should consult their own tax adviser in order to understand any applicable tax consequences.

United States

The investment products described on this website have not been registered under the US Securities Act 1933, as amended. Furthermore, the funds may only be offered or sold to investors that are not deemed to be “US Persons” in accordance with the relevant fund’s prospectus. Consequently, this website is not aimed at any US Person and does not constitute an offer to or solicitation to buy any securities in the USA. The information on this website is directed solely at persons in jurisdictions where the funds and relevant share classes are registered or who may otherwise lawfully receive it. Before investing, investors should review the relevant fund’s full prospectus, together with the applicable KID/KIID and the most recent financial statements. Copies of these documents, including the latest annual report and, if issued thereafter, the latest semi-annual report, may be obtained free of charge from this website or in printed form by contacting the local distributor in the jurisdictions in which the funds are authorised for distribution. Any entity responsible for forwarding this material to other parties takes responsibility for ensuring compliance with applicable securities laws.

UCITS Disclaimer

The UCITS Fund is authorised by the Central Bank of Ireland as an UCITS under the European Communities UCITS Regulations 2011 (S.I. 253 of 2011) of Ireland, as amended.

Please see the link to the country registration matrix to check where all the sub-funds are registered.

Country Registration Matrix

Certain sub-funds of the UCITS Fund mentioned on this website may not be eligible for sale in some countries and they may not be suitable for all types of investors. This website is not intended to distribute or offer or solicit the sale of shares or units in the UCITS Fund and any jurisdiction in which such distribution, or offer or solicitation would be considered contrary to local law or regulation.

NBAMIL may from time to time register existing funds in new jurisdictions and launch new sub-funds; it may also launch new funds.

Subscriptions will only be received and shares issued on the basis of the current prospectus and KID/KIID for the UCITS Fund. It is your responsibility to use such prospectus and KID/KIID and by making an application you will be deemed to represent that you have read such prospectus and agree to be bound by its contents. Copies of the prospectus, KID/KIID and the report and accounts can be obtained from this website.

QIAIF Disclaimer

The QIAIF Fund is authorised by the Central Bank of Ireland as an open-ended umbrella fund with segregated liability between sub-funds incorporated as a variable capital investment company in Ireland, pursuant to Part 24 of the Companies Act 2014 and the Alternative Investment Fund Managers Regulations 2013. The QIAIF Fund is solely intended for Qualifying Investors (as defined in the QIAIF Fund prospectus).

Certain sub-funds of the QIAIF Fund mentioned on this website may not be eligible for sale in some countries and they may not be suitable for all types of investors. This website is not intended to distribute or offer or solicit the sale of shares or units in the QIAIF Fund and any jurisdiction in which such distribution, or offer or solicitation would be considered contrary to local law or regulation.

NBAMIL may from time to time register existing funds in new jurisdictions and launch new sub-funds; it may also launch new funds. Subscriptions will only be received and shares issued on the basis of the current prospectus for the QIAIF Fund. It is your responsibility to use such prospectus and by making an application you will be deemed to represent that you have read such prospectus and agree to be bound by its contents. Copies of the prospectus can be obtained from this website.

By clicking the box below, you confirm that you are from an eligible jurisdiction to review material relating to the QIAIF Fund (or are authorised to conduct investment business in the jurisdiction within which you are resident and under the law of that jurisdiction, you are authorised to view material relating to collective investment schemes).

Unlawful or Prohibited Use

This page sets out the terms on which you may make use of this website and apply to every page on the website, whether or not such pages are individually disclaimed. Please read these terms carefully before you start to use the website. By using the website, you have indicated that you accept these terms and that you agree to abide by them. If you do not agree to these terms, please refrain from using the website.

You must NOT knowingly or recklessly use the website (or permit or procure others to use it) as follows:

• for any unlawful, improper or illegal purpose or activity;
• to communicate or receive information that is obscene, indecent, pornographic, sadistic, cruel, or racist in content, of a sexually explicit or graphic nature, which promotes or incites discrimination, hatred or racism or which might be legally actionable for any reason;
• in a manner intended to threaten, harass, or intimidate;
• to violate NB Europe's or any third party's copyright, trademark, proprietary or other intellectual property rights;
• to damage NB Europe's name or reputation or that of our affiliated companies or any third parties;
• to impersonate any of our employees or other person or use a false name while using our site or implying an association with us;
• to penetrate our security measures or other entities' systems ("hacking") or attempt to do so;
• to transmit unsolicited voluminous emails (for example, spamming) or to intercept, interfere with or redirect email intended for others using our site;
• to generate excessive amounts of internet traffic, to interfere with our network or other's use of our site or to engage in activities designed to or having the effect of degrading or denying service to users of our site or others;
• to transmit any viruses, worms, harmful code and/or Trojan horses onto the internet or into our site or any other entity's systems and it is your responsibility to ensure that whatever you download or select for your use from our site is free from such items;
• to post or transmit information that is defamatory, fraudulent, untruthful, inaccurate, a misrepresentation of your identity or deceptive, including but not limited to scams such as "make-money-fast" schemes or "pyramid/chain" letters; and/or
• to transmit confidential or proprietary information, except solely at your own risk.

When using the website, you must comply with all applicable local, national and international laws and regulations, including those related to data privacy, international communications and exportation of technical or personal data. It may be illegal to download the information contained on the website in certain countries and we and our affiliated companies disclaim all responsibility if you download any information from the website in breach of any law or regulation of the country in which you reside.

Intellectual Property Rights

The entire contents of this website are subject to copyright with all rights reserved and protected by law. You may download or print individual sections of the website strictly for your personal use and information only provided that you retain all copyright and other proprietary notices. You may not otherwise reproduce (in whole or in part), copy, alter, transmit (by electronic means or otherwise), modify, link into or use for any public or commercial purpose the site without the prior written permission of NB Europe and you may not in any circumstances scrape this website or carry out any sort of similar activity in relation to this website.

Nothing on this website should be construed as granting any licence or right in relation to any of our trademarks or those of our affiliated companies or any third party.

No Warranty

The website, including information and materials contained in the website, text, graphics, software, links and other items are provided "as is," "as available". Whilst we aim to update the website regularly, its content is provided for information purposes only and NB Europe does not warrant the accuracy, adequacy, completeness, timeliness or availability of the website, and expressly disclaims liability for errors or omissions in the website. There is no warranty of merchantability, no warranty of fitness for a particular purpose, no warranty of non-infringement, no warranty of any kind, implied, express or statutory, in conjunction with the website.

Limitation of Liability

To the fullest extent allowed by law, NB Europe and their affiliates, or any of their respective members, officers, directors or employees ("Related Persons") shall not be liable, whether in tort (including negligence) or otherwise howsoever, for any losses, damages, costs or expenses of whatever nature (including without limitation any consequential, indirect or unforeseeable loss or loss of bargain, opportunity or profit, as well as fees and expenses of legal counsel) (together, “Losses”) incurred or suffered by you or any third party arising out of or in connection with the access to, use of or inability to use, or linking to other websites or resources from, this website or reliance on any information contained on this website nor will NB Europe be liable in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure, even if NB Europe, or representatives thereof, are advised of the possibility of such damages, losses or expenses. Nothing in these terms shall limit our liability for death, personal injury or fraud resulting from any negligence of NB Europe.

As consideration for your access to and use of this website, you agree to indemnify and hold harmless NB Europe and its Related Persons from and against any and all Losses, including without limitation those related to any action by any third party against you, NB Europe or any of its Related Persons arising out of or in connection with your access to or use of this website or of any of the contents on this website or your non-compliance with these terms.

Nothing in these terms excludes or restricts any duty or liability that NB Europe may have under any applicable law or regulatory system which may not be excluded or restricted as a matter of applicable law.

Weblinks

No company or person may link their website to www.nb.com without the written permission of NB Europe.

Where a link to a non-NB Europe on this website, to the extent permitted, it is provided for your information only and NB Europe does not accept responsibility for any of the content of such website nor the products, services, resources or other items offered through that website or any Losses that may arise from your accessing or using them, nor should any links to such websites or resources be construed as an endorsement by NB Europe or its Related Persons of such websites, resources or the information contained on them.

Cookies Policy

Please consult NB Europe’s Cookies Policy which includes details on the use of performance, identification and targeting cookies (both our own and third parties') to enhance the functionality of this website, to enable us to monitor usage and to assist with future communications.

Termination

NB Europe has the right to terminate your access to this website at any time on giving notice to you and in any event if you commit any breach of these terms and conditions. NB Europe shall have no liability to you for such termination. In the event that your access to this website is terminated, the remaining provisions of these terms and conditions will continue to apply.

Amendments to these Terms

NB Europe may revise these terms of use at any time by amending these terms and conditions. You are expected to check these terms and conditions from time to time to take note of any changes to these terms.

Law and Variation

This website shall be governed by, and your browsing in and use of this website shall be deemed acceptance of, the laws of England and Wales. A condition of using this website is that in the event of any dispute or proceeding you irrevocably submit to the exclusive jurisdiction of the English Courts and waive any objection to proceedings in such courts on the grounds of venue or on the grounds that the proceedings have been brought in an inconvenient forum.

NB Europe may revise this Important Information at any time by amending this page. You are expected to check this page from time to time to take notice of any changes NB Europe makes, as they are binding on you. The views expressed on this website are the opinions of NB Europe and such opinions are subject to change without notice.

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