Emerging Debt

Emerging country bonds

Lussembourg

CMG Monaco

This Sub-Fund is a feeder fund of the UCITS: Neuberger Berman Emerging Market Debt Blend Fund (the "Master UCITS"). The Sub-Fund will invest at least 85% of its net assets in shares of this Master UCITS. Its management objective is the same as that of its master, namely to obtain an attractive level of absolute return through a combination of debt denominated in a strong currency issued in emerging Countries, local currencies of emerging countries and debt issued by issuing companies in Emerging Countries.

The assets of the Sub-Fund are composed entirely and permanently of IE00BMN93530 USD shares, and, on an ancillary basis, of cash (i.e. bank deposits on demand, such as cash held in current accounts with a bank that is accessible at any time) representing up to 15% of the net assets of the Sub-Fund for cash flow purposes or in case of adverse market conditions. This limit may only be exceeded temporarily for a period of time strictly necessary when, due to exceptionally adverse market conditions, circumstances so require and such excess is justified in the interests of shareholders, for example in very serious circumstances such as the September 11 attacks or the collapse of Lehman Brothers in 2008.

USD

Moderate

Medium term

Distribution

NA

NA