Neuberger Berman U.Sh.T.Eu.B.F.Z USD H/  IE00BH453T94  /

The Fund aims to outperform the ICE BofA 0-1 Year AAA Euro Government Index (Total Return, EUR) ("Benchmark") over a period of one year, through investing in a diversified mix of short-term Euro-denominated fixed and floating rate debt securities. There is no guarantee that the investment objective will be achieved and capital invested is at risk. The Fund will primarily be exposed to Euro-denominated debt securities and money market instruments which may be issued by governments, and their agencies or corporations across industry sectors from developed as well as emerging (less developed) market countries. Under normal market conditions, the Sub-Investment Managers (or the Manager where applicable) will seek to invest at least two-thirds of the Fund"s Net Asset Value ("NAV") in a diversified portfolio of Euro-denominated debt securities of varying maturities. Up to a maximum of one-third of the Fund"s NAV may be invested in money market instruments and debt securities issued by public or private issuers in non-Eurozone countries, including emerging market countries. Securities may be rated investment grade or below (high yield) by a recognised rating agency. High yield bonds have a lower credit rating because they carry a higher risk of not being paid back and typically offer a higher income to make them attractive to investors. The Fund promotes environmental and social characteristics pursuant to Article 8 of SFDR.

The Fund aims to outperform the ICE BofA 0-1 Year AAA Euro Government Index (Total Return, EUR) ("Benchmark") over a period of one year, through investing in a diversified mix of short-term Euro-denominated fixed and floating rate debt securities. There is no guarantee that the investment objective will be achieved and capital invested is at risk. The Fund will primarily be exposed to Euro-denominated debt securities and money market instruments which may be issued by governments, and their agencies or corporations across industry sectors from developed as well as emerging (less developed) market countries.