Neuberger Berman Abs Ret Multi-Mgr Instl (NABIX)
* As of 30-Apr-16
Quotes delayed, except where indicated otherwise. Currency in USD.
|Symbol||% Assets||YTD Return %|
|Gsa Cayman Blocker||6.34||N/A|
|SPDR® S&P 500 ETF||1.15||N/A|
|Morningstar Overall Rating:|
|Annual Report Expense Ratio (net):||1.97%|
Performance & Risk
|5y Avg Return:||N/A|
|Rank in Category (ytd):||80|
|% Rank in Category (ytd):||14.79%|
|Morningstar Risk Rating:||3|
The investment seeks capital appreciation with an emphasis on absolute (i.e., positive) returns.
The fund seeks to achieve its goal by allocating its assets to multiple subadvisers that employ a variety of investment strategies. The Portfolio Managers are responsible for selecting each subadviser and for determining the amount of fund assets to allocate to each subadviser. The Portfolio Managers allocate fund assets to subadvisers whose strategy the Portfolio Managers believe, when combined to form a single portfolio, can provide attractive risk-adjusted returns over the long term. View More