Neuberger Berman Diversified Currency
|Investment Advisor||Neuberger Berman|
|Portfolio Manager||Ugo Lancioni|
|Fund AUM (GBP)||£61m|
|Fund AUM as of||30 September 2019|
|Fund Inception||25 February 2009|
|Fund Indices||AH FX UCITS Index|
The fund aims to benefit from both upward and downward movements in the value of currencies. The investment objective of the fund is to achieve positive returns in all market conditions over a medium to long-term investment horizon. In deciding which currencies to hold, the fund considers a number of factors, such as relative economic growth expectations, the stability of the countries, expected monetary policy, capital flows and the risk appetite of investors. Investment opportunities are evaluated over the short, medium and long term.