Neuberger Berman International Core Equity ETF (NBIE)

Overview

NBIE specializes in investing in large- and mid-cap companies situated in developed markets beyond the borders of the United States. The investment approach is characterized by a blend of fundamental analysis and quantitative research, which is utilized to assess companies on a variety of metrics. This multipronged evaluation framework includes critical factors such as valuation, dividend income, financial quality, price momentum, market sentiment, risk assessments, and growth potential. Rather than focusing on a singular measure, the strategy emphasizes a balance of attributes across various factors.

Furthermore, environmental, social, and governance (ESG) considerations are integrated into the investment methodology, although the fund does not adhere to a specifically defined sustainable or impact investing agenda. Investments can be made in a diverse array of assets, including direct equities, depositary receipts (like American Depositary Receipts, Global Depositary Receipts, and European Depositary Receipts), Real Estate Investment Trusts (REITs), and Exchange-Traded Funds (ETFs). Positions may be divested when the anticipated returns on stocks diminish, risks escalate, or when more appealing investment alternatives present themselves.

Products and Services

• Direct Equities

  NBIE invests directly in stocks of large- and mid-cap companies. This involves purchasing shares of publicly traded companies in developed markets, allowing direct participation in their performance and growth.

• Depositary Receipts

  This includes American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs), and European Depositary Receipts (EDRs). These instruments facilitate investment in foreign companies by representing shares of these companies and are traded on U.S. and other international exchanges.

• Real Estate Investment Trusts (REITs)

  NBIE allocates capital to REITs, which are companies that own, operate, or finance income-producing real estate. Investing in REITs provides exposure to the real estate market without the complications of direct property ownership.

• Exchange-Traded Funds (ETFs)

  ETFs offer diversified exposure to a variety of assets through a single investment. NBIE uses ETFs to gain instant diversification and access to various sectors or markets, enhancing portfolio flexibility.