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Large Cap Growth Fund

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Large Cap Growth Fund

Mutual Funds | Equities

Large Cap Growth Fund

YTD RETURN

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Overview
Fundamentally driven large cap equity strategy with a dynamic approach to growth investing through a quality lens

Why Invest

Proprietary Economic Value Added (“EVA”) Framework

Measures market-based expectations

Integrated Public and Private Market Lens

Informs bottom-up and top-down views for stock selection

Anchored in Active Engagement

Suggestivism drives our philosophy to turn great companies into great stock picks

Performance and Exposure
Fund Facts

For Class R6, total (net) expense represents, and for Institutional Class, Class A, Class C, Class R3, Investor, Trust and Advisor Classes, gross expense represents, the total annual operating expenses that shareholders pay (after the effect of fee waivers and/or expense reimbursement). The Fund’s Manager has contractually undertaken to waive and/or reimburse certain fees and expenses of the Fund so that the total annual operating expenses are capped (excluding interest, brokerage commissions, acquired fund fees and expenses, taxes including any expenses relating to tax reclaims, dividend and interest expenses relating to short sales, and extraordinary expenses, if any, consequently, total (net) expenses may exceed the contractual cap) through 08/31/2027 for Institutional Class at 0.75%, 1.11% for Class A, 1.86% for Class C, 1.36% for Class R3, Advisor and Trust Classes at 1.50% and Class R6 are capped at 0.57% until 12/31/2024 and 0.65% from 1/1/2025 until 8/31/2027 (each as a % of average net assets). Absent such arrangements, which cannot be changed without Board approval, the returns may have been lower. Information as of the most recent prospectuses dated December 18, 2023, as amended and supplemented.

Beta is a measure of market-related risk (expressed between 0-1%) of a portfolio compared to that of the overall market, as represented by an index. The lower the beta the lower the sensitivity to the movements of the market, as represented by the index.

Standard Deviation is a statistical measure of portfolio risk. The Standard Deviation describes the average deviation of the portfolio returns from the mean portfolio return over a certain period of time. Standard Deviation measures how wide this range of returns typically is. The wider the typical range of returns, the higher the Standard Deviation of returns, and the higher the portfolio risk.

Active Share measures the percentage of mutual fund assets that are invested differently from the benchmark, and will range between 0% and 100%, Funds with an active share below 20% are likely to be pure index funds, while those with an active share between 20% and 60% are considered to be closet index funds.

Portfolio Management Team
Charles Kantor
Senior Portfolio Manager
New York
Marc Regenbaum
Portfolio Manager
New York
Raman Gambhir
Portfolio Manager
New York
Charles Kantor, Senior Portfolio Manager

Charles C. Kantor, Managing Director, joined Neuberger Berman in 2000 and currently serves as a member of the firm’s Partnership Committee. Charles is the founder and Senior Portfolio Manager of the Kantor Group, which manages over $10 billion in public equity, fixed income and private market strategies for high net worth and institutional clients. His team is also responsible for managing Neuberger Berman’s Long Short and Large Cap Growth strategy. Prior to joining the firm, Charles was a managing director of Stern Stewart’s Financial Institutions division. There he advised clients on implementing EVA-based financial management systems and co-authored academic papers in the Journal of Applied Corporate Finance. In addition, Charles is a commentator and contributor to various financial and business news media outlets. He earned a Bachelor of Commerce in Accounting and Economics from the University of Cape Town, South Africa, and an MBA (with honors) from Harvard University Graduate School of Business.

Latest Portfolio Manager Insight

Marc Regenbaum, Portfolio Manager
Marc Regenbaum, Managing Director, joined the firm in 2007. Marc is a Portfolio Manager for the Kantor Group. Prior to joining the Kantor Group in 2010, he was an Associate Analyst on the Energy team within the Neuberger Berman Research Department primarily focused on climate change-related company research and the Neuberger Berman Climate Change Mutual Fund. Marc helped launch the Fund while working in Neuberger Berman’s Office of the Chief Investment Officer. Marc began his career as an analyst for Credit Suisse First Boston’s Investment Banking division in the Retail group and subsequently worked at Tower Capital, a hedge fund of funds, and Helios Partners Fund Management, a long/short equity hedge fund, where he covered the retail and consumer sectors. Marc earned a BA in Economics (with honors) from Duke University, as well as an MBA (with honors) from New York University’s Stern School of Business.
Raman Gambhir, Portfolio Manager
Raman Gambhir, Managing Director, joined the firm in 2015. Raman is a Portfolio Manager for the Kantor Group. Prior to joining the firm, Raman was an analyst at Visium Asset Management, where he focused on a long-biased credit and equity strategy and a long/short fund. Previously, he was a senior credit analyst at Brevan Howard Credit Catalysts Limited. Raman began his career as an analyst for Banc of America Securities' Investment Banking division in the Mergers and Acquisitions/General Industrials Group and subsequently worked at Prospect Partners, LLC, a private equity firm, and Goldman Sachs & Co., where he served as an associate in the Leveraged Finance Group. Raman earned a BA in Finance (with honors) from the University of Illinois, as well as an MBA from the MIT Sloan School of Management.
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