In this video, Richard Nackenson, Senior Portfolio Manager for the Neuberger Berman US Multi Cap Opportunities Fund discusses second quarter performance and current fund positioning, while reflecting on the US equity market rebound. Richard also discusses how the team continues to identify attractive investment opportunities in a dynamic US market environment. Richard believes the team’s active and fundamental approach is well-positioned as the combination of extraordinary fiscal and monetary stimulus, historically low interest rates, and individual stock price dislocations, provide a favorable environment for the team’s strategy.

Key Risks

Market Risk: The risk of a change in the value of a position as a result of underlying market factors, including among other things, the overall performance of companies and the market perception of the global economy.
Liquidity Risk: The risk that the Fund may be unable to sell an investment readily at its fair market value. In extreme market conditions this can affect the Fund’s ability to meet redemption requests upon demand.
Counterparty Risk: The risk that a counterparty will not fulfil its payment obligation for a trade, contract or other transaction, on the due date.
Operational Risk: The risk of direct or indirect loss resulting from inadequate or failed processes, people and systems including those relating to the safekeeping of assets or from external events.
Currency Risk: Investors who subscribe in a currency other than the base currency of the Fund are exposed to currency risk. Fluctuations in exchange rates may affect the return on investment. The past performance shown is based on the fund and is not specific to the share class. If the currency of the fund is different from your local currency, then you should be aware that due to exchange rate fluctuations the performance shown may increase or decrease if converted into your local currency.