Morningstar Fund Report  | 07/04/2025Print

Neuberger Berman Global Value Fund GBP I5 Accumulating Class - Unhedged

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Neuberger Berman Global Value Fund GBP I5 Accumulating Class - Unhedged
Fund21.1-1.910.312.20.3
+/-Cat2.9-2.41.02.8-1.4
+/-B’mrk-0.2-5.51.6-2.20.0
 
Category: Global Large-Cap Value Equity
Category Benchmark: Morningstar Gbl Val TME NR USD
Key Stats
NAV
04/04/2025		 GBP 11.45
Day Change -4.02%
Morningstar Category™ Global Large-Cap Value Equity
IA (formerly IMA) Sector -
ISIN IE0007DELM88
Fund Size (Mil)
04/04/2025		 USD 40.80
Share Class Size (Mil)
04/04/2025		 GBP 12.72
Max Initial Charge -
Ongoing Charge
14/02/2025		  0.65%
Investment Objective: Neuberger Berman Global Value Fund GBP I5 Accumulating Class - Unhedged
The Portfolio seeks to achieve long term capital growth from investing primarily in a portfolio of global equity holdings that comply with the Sustainable Criteria.
Returns
Trailing Returns (GBP)04/04/2025
YTD-8.25
3 Years Annualised*3.74
5 Years Annualised*12.48
10 Years Annualised*8.42
12 Month Yield 0.00
Management
Manager Name
Start Date
Ray Carroll
11/01/2017
Simon Griffiths
11/01/2017
Click here to see others
Inception Date
27/09/2022

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI ACWI Value NR USDMorningstar Gbl Val TME NR USD
Portfolio Profile for  Neuberger Berman Global Value Fund GBP I5 Accumulating Class - Unhedged28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.910.0099.91
Bond0.000.000.00
Property0.000.000.00
Cash0.190.090.09
Other0.000.000.00
Top 5 Regions%
United States63.06
Eurozone7.70
Asia - Emerging4.96
Canada4.82
Europe - ex Euro4.56
Top 5 Sectors%
Financial Services24.17
Technology15.36
Healthcare11.35
Consumer Cyclical9.85
Industrials9.79
Top 5 HoldingsSector%
Apple IncTechnologyTechnology2.67
Shell PLCEnergyEnergy1.74
Alphabet Inc Class ACommunication ServicesCommunication Services1.73
Caterpillar IncIndustrialsIndustrials1.63
Booking Holdings IncConsumer CyclicalConsumer Cyclical1.59
Increase Decrease New since last portfolio
Neuberger Berman Global Value Fund GBP I5 Accumulating Class - Unhedged
Growth Of 1000 (GBP) 31/03/2025
Fund:  Neuberger Berman Global Value Fund GBP I5 Accumulating Class - Unhedged
Category:  Global Large-Cap Value Equity
Category Index:  Morningstar Gbl Val TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 2018*2019*2020*2021*2022*2023202431/03
Price Return-3.9418.1610.2221.12-1.8810.3212.230.32
+/- Category4.373.538.472.89-2.371.022.83-1.41
+/- Category Index----0.17-5.481.58-2.240.03
% Rank in Category2822113966403267
Trailing Returns (GBP)04/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-4.02   -0.81-0.36
1 Week-7.81   -1.89-0.37
1 Month-9.41   -2.44-0.31
3 Months-9.49   -5.26-0.98
6 Months-7.74   -4.91-1.63
YTD-8.25   -4.81-0.74
1 Year-3.78   -2.95-2.96
3 Years Annualised*3.74   -0.79-1.22
5 Years Annualised*12.48   -0.05-1.31
10 Years Annualised*8.42   1.250.10
 
Category: Global Large-Cap Value Equity
Category Index: Morningstar Gbl Val TME NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20250.32---
20248.63-0.410.832.89
20232.280.102.235.40
2022-1.26*-5.89*0.35*5.22
20217.13*5.76*0.38*6.49*
2020-15.65*18.43*2.36*7.79*
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-Year*AverageAverage3 star
5-Year*AverageAverage3 star
10-Year*Above AverageBelow Average5 star
Overall*Above AverageAverage4 star
 
Category :  Global Large-Cap Value EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev*10.97 %
3-Yr Mean Return*7.89 %
 
3-Yr Sharpe Ratio*0.33
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Gbl Val TME NR USD  Morningstar Gbl Val TME NR USD
3-Yr Beta*1.041.04
3-Yr Alpha*-0.83-0.83
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)USD 97972-
Market Capitalisation% of Equity
Giant34.78
Large38.71
Medium26.12
Small0.39
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings13.751.07
Price/Book2.361.44
Price/Sales1.581.71
Price/Cash Flow8.921.09
Dividend-Yield Factor2.890.98
 
Long-Term Projected Earnings Growth8.610.83
Historical Earnings Growth6.242.12
Sales Growth7.941.37
Cash-Flow Growth6.54-2.17
Book-Value Growth6.451.14
 
Category: Global Large-Cap Value Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock99.910.0099.91
Bond0.000.000.00
Property0.000.000.00
Cash0.190.090.09
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States63.061.26
Canada4.823.02
Latin America1.332.48
United Kingdom3.630.35
Eurozone7.700.41
Europe - ex Euro4.560.79
Europe - Emerging0.000.00
Africa0.716.17
Middle East0.100.43
Japan4.260.60
Australasia1.986.25
Asia - Developed2.890.87
Asia - Emerging4.962.20
 
Category: Global Large-Cap Value Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials3.680.75
Consumer CyclicalConsumer Cyclical9.850.98
Financial ServicesFinancial Services24.171.15
Real EstateReal Estate1.901.42
Consumer DefensiveConsumer Defensive5.310.65
HealthcareHealthcare11.350.82
UtilitiesUtilities2.481.01
Communication ServicesCommunication Services9.581.12
EnergyEnergy6.531.56
IndustrialsIndustrials9.790.85
TechnologyTechnology15.361.09
 
Category: Global Large-Cap Value Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings243
Total Number of Bond Holdings0
Assets in Top 10 Holdings16.70
NameSectorCountry% of Assets
Apple Inc311United States2.67
Shell PLC309United Kingdom1.74
Alphabet Inc Class A308United States1.73
Caterpillar Inc310United States1.63
Booking Holdings Inc102United States1.59
AbbVie Inc206United States1.54
Novartis AG Registered Shares206Switzerland1.49
Qualcomm Inc311United States1.46
Johnson & Johnson206United States1.45
Manulife Financial Corp103Canada1.39
 
Increase Decrease New since last portfolio
Category: Global Large-Cap Value Equity
 
Management
Name of CompanyNeuberger Berman Asset Management Ireland Limited
Phone-
Website -
Address32 Molesworth St, Dublin
 -   -
 Ireland
DomicileIreland
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date27/09/2022
Fund Advisor(s)
Neuberger Berman Asset Management Ireland Limited
Fund ManagerRay Carroll
Manager Start Date11/01/2017
Education
Dalhousie University, M.S.
Dalhousie University, B.S.
University of Florida, phd
 
Biography
Ray Carroll, PhD, CFA, Managing Director, joined the firm in 2017 as Chief Investment Officer for the Breton Hill quantitative investing team, following the acquisition of Neuberger Berman Canada ULC (formally known as Breton Hill Capital (BHC)). Ray was a co-founder and the Chief Executive Officer of BHC, responsible for fund performance, investment decisions and risk management. Previously, Ray was the Chief Investment Officer for the Mosaic division of Diversified Global Asset Management (DGAM), an alternative investment firm that was subsequently sold to The Carlyle Group. Ray started his career as Senior Manager at RBC Royal Bank and Vice President at RBC Capital Markets. Ray holds a PhD in Mathematics from the University of Florida in the field of Inverse Problems and both a MSc and BSc in Mathematics from Dalhousie University. Ray has been awarded the Chartered Financial Analyst designation.
Fund ManagerSimon Griffiths
Manager Start Date11/01/2017
Education
University of Guelph, MSc
University of Western Ontario, BSc
 
Biography
Simon Griffiths, CFA, Managing Director, joined the firm as Neuberger Berman Canada’s Head of Quantitative Research & Development in 2017 following the acquisition of Neuberger Berman Canada ULC (formally known as Breton Hill Capital (BHC)). Simon was a co-founder and Managing Partner of BHC, where he was a member of the Management Committee. Previously, Simon co-founded the direct trading business at Diversified Global Asset Management (DGAM), an alternative investment firm that was subsequently acquired by The Carlyle Group, where he was a portfolio manager and was responsible for all research. Prior to DGAM, Simon was responsible for quantitative investment research and software development at Northwater Capital Management, an alternative investment firm. Simon is a former co-chair of the Education and Research Committee for AIMA Canada. He received a MSc in Applied Statistics from University of Guelph and a BSc from University of Western Ontario, now known as Western University. Simon has been awarded the Chartered Financial Analyst designation.
Fund ManagerJonathan Bailey,
Manager Start Date11/01/2017
Education
Harvard Business School, MBA
Harvard Kennedy School of Government, M.P.P.
University of Oxford, MA
 
Biography
Jonathan Bailey, CFA, Managing Director, is the Global Head of Environmental, Social and Governance (ESG) & Impact Investing at Neuberger Berman. Jonathan joined the firm in 2017 and has overall responsibility for the consideration of financially material ESG factors in investment processes firm-wide. He also has overall responsibility for the firm’s approach to impact investing across asset classes. He leads the firm’s ESG Investing team and works with portfolio managers and analysts across the firm's equities, fixed income and private investment portfolios. The team enhance existing strategies and launch new sustainable and impact investing strategies. Jonathan chairs the firm's ESG Committee, and is a member of both the firm's Governance and Proxy Voting Committee and its Partnership Committee. Jonathan spent the bulk of his prior career at McKinsey & Co where he was an Associate Partner working with asset owners and asset managers on investment strategy and ESG investing topics. Jonathan has also worked for Generation Investment Management, the sustainable investment firm co-founded by former Vice President Al Gore, and as a governance advisor for former British Prime Minister Tony Blair. Jonathan holds an MBA (with high distinction) from Harvard Business School, an MPP from the Harvard Kennedy School of Government, and an MA (Oxon) from the University of Oxford. He has been awarded the Chartered Financial Analyst designation. Jonathan is Chair of the Board of Instiglio, a developing market social impact bond advisory non-profit.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.45%
Ongoing Charge0.65%
Purchase Details
Minimum Investments
Initial250000000  GBP
Additional-
Savings-
Tax Free Savings Schemes
ISAsNo