Fact sheet: NB Abs Rtn Ml Strategy

Fund information

Fund name
NB Absolute Return Multi Strategy A USD
Fund company manager
Neuberger Berman Europe Ltd
Fund type
SIB
Fund manager
David Kupperman
since 31/10/2013
Fund objective
To increase the value of your shares by achieving absolute returns through a diversified portfolio with a variety of investment strategies. The fund employs a multi-manager strategy by using several sub-advisors in order to carry out its investment strategy. No more than 25% of the fund will be under the management of any individual sub-advisor. No more than 50% of the fund may be invested in a single investment strategy. Sub-advisor and strategy selection is the result of fundamental research and analysis.
Benchmark
No Specified Index
Investment style
Multi Strategy
Investment method
Mixed

Quick stats

1 Year return

2.43 %

1 Year rank in sector

77/152

Sector

FO Hedge/Stru Prod - Mixed

Yield
-
Fund size

£ 128.1 m

FE Risk score

85

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • International
    94.16%
  • Money Market
    5.84%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.31 %1.46 %2.43 %-4.62 %0 %
Sector0.72 %1.5 %2.54 %2.51 %7.96 %
Rank within sector105 / 15484 / 16877 / 15288 / 102 /
Quartile th3 rd2 nd3 rd4 th th

Calendar performance

YTD-20172016201520142013
Fund1.89 %1.17 %-6.46 %-0.4 %0 %
Sector2.55 %-0.53 %-0.64 %5.08 %1.38 %
Rank within sector92 / 16248 / 12997 / 10675 / 91 /
Quartile th3 rd2 nd4 th4 th th

Risk statistics

Alpha-2.15
Beta0.9
Sharpe-0
Volatility3.9
Tracking error3.49
Information ratio-0.65
R-Squared0.21

Price movement

52 week high9.73
52 week low9.38
Current bid price0
Current offer price0
Current mid price9.69

Holdings by region

  • 94.16% International
  • 5.84% Money Market

Holdings by sector

-

Holdings by asset type

-

Individual holdings

  • 2.59% COMMERCIAL MORTGAGE-BACKED SECURITY
  • 1.71% CLO DEBT
  • 1.63% TRUST PREFERRED SECURITY
  • 1.57% SUNEDISON INC
  • 1.07% CAESARS ENTERTAINMENT CORP
  • 1.02% NXP SEMICONDUCTORS NV
  • 0.96% GENON ENERGY INC
  • 0.81% RESIDENTIAL MORTGAGE-BACKED SECURITY