C000129334 Performance — Neuberger Berman Greater China Equity Fund, Institutional Class
Data updated: 2023-11-07
C000129334 returned −16.10% over one year to Aug 2023. The annualised 3-year return is −12.12%. The fund trailed its China Equity category average: $100 invested three years ago grew to $68, against $74 for the category, and to $84 over one year, against $92. Volatility over the past three years was 27.20% a year. In the 12 months to Aug 2023 the fund lost a net $30.4M, and assets reached $1.67M.
C000129334 Growth of $100
What $100 invested in Neuberger Berman Greater China Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the China Equity category average over the same months.
| Period | C000129334 | Category average |
|---|---|---|
| 1 year (Sep 2022 – Aug 2023) | $84 | $92 |
| 3 years (Sep 2020 – Aug 2023) | $68 | $74 |
| Since data start (Sep 2019 – Aug 2023) | $85 | $97 |
C000129334 Trailing Returns
Total returns to Aug 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −16.10% |
| 3 years (annualised) | −12.12% |
C000129334 Annual Returns
Calendar-year total returns of Neuberger Berman Greater China Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Aug) | −15.64% |
| 2022 | −21.66% |
| 2021 | −5.86% |
| 2020 | +20.15% |
| 2019 (Sep–Dec) | +13.50% |
C000129334 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +11.7% | −8.7% | −1.5% | −5.1% | −11.0% | +5.6% | +5.9% | −11.1% | — | — | — | — |
| 2022 | −0.7% | −2.1% | −12.2% | −7.3% | +4.0% | +6.3% | −7.4% | −2.7% | −10.2% | −16.0% | +26.3% | +4.5% |
| 2021 | +7.1% | +3.8% | −3.8% | +1.1% | +1.4% | −0.9% | −6.7% | +2.6% | −4.5% | +1.1% | −5.0% | −1.5% |
| 2020 | −8.6% | +4.0% | −8.6% | +5.6% | −2.0% | +6.8% | +11.4% | +2.9% | −1.5% | +1.6% | +6.5% | +2.3% |
| 2019 | — | — | — | — | — | — | — | — | +0.1% | +3.4% | +0.6% | +8.9% |
C000129334 Risk
Risk measures from monthly returns over Sep 2020 – Aug 2023.
- 3-year volatility (annualised): 27.20%
- 3-year Sharpe ratio: -0.61 (vs 4.5% risk-free rate)
- Best month: +26.26% (Nov 2022)
- Worst month: −16.03% (Oct 2022)
C000129334 Fund Flows
Monthly money in and out of Neuberger Berman Greater China Equity Fund, from SEC Form N-PORT.
- 12-month net flow: −$30.4M
- 12-month gross sales (incl. reinvestments): $1.8M
- Sales ÷ redemptions: 0.06×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Aug 2023 | $0 | $190K | −$190K |
| Jul 2023 | $0 | $83K | −$83K |
| Jun 2023 | $0 | $138K | −$138K |
| May 2023 | $1.6M | $2.3M | −$740K |
| Apr 2023 | $0 | $22.4M | −$22.4M |
| Mar 2023 | $0 | $37K | −$37K |
| Feb 2023 | $0 | $240K | −$240K |
| Jan 2023 | $65K | $149K | −$84K |
| Dec 2022 | $214K | $1.4M | −$1.2M |
| Nov 2022 | $0 | $1.1M | −$1.1M |
| Oct 2022 | $0 | $3.9M | −$3.9M |
| Sep 2022 | $0 | $156K | −$156K |
C000129334 Assets Under Management
Net assets of Neuberger Berman Greater China Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-08-31 | $1.67M |
| 2023-05-31 | $2.07M |
| 2023-02-28 | $26.96M |
| 2022-11-30 | $27.02M |
| 2022-08-31 | $34.31M |
| 2022-05-31 | $37.49M |
| 2022-02-28 | $50.10M |
| 2021-11-30 | $57.59M |
| 2021-08-31 | $64.94M |
| 2021-05-31 | $63.35M |
| 2021-02-28 | $59.61M |
| 2020-11-30 | $56.67M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.