Private asset manager Neuberger Berman has launched two new fully transparent, actively managed ETFs targeting Chinese equities and global real estate.
The Neuberger Berman China Equity ETF (NBCE US) and the Neuberger Berman Global Real Estate ETF (NBGR US) have been listed on NYSE Arca, each with an expense ratio of 0.75%.
The addition of these two funds brings Neuberger Berman’s total number of actively managed ETFs to six, including a broad-based commodities fund and three thematic strategies targeting global equities that are aligned with the investment themes of Disruptive Technologies, Digitally Connected Consumers and Carbon Transition Infrastructure.
China Equity
NBCE seeks long-term capital growth by focusing on high-quality Chinese companies listed in various forms such as China A-shares, Hong Kong-listed securities and American Depository Receipts (ADRs).
The fund’s strategy is based on rigorous research that seeks to identify companies with strong balance sheets, superior earnings growth and leading ESG initiatives at the management level. Investment decisions are also influenced by trends such as China’s growing domestic market and favourable government policies.
Global real estate
NBGR seeks to generate total return by investing in a carefully curated portfolio of real estate investment trusts (REITs) and other real estate-related securities listed around the world. The fund allocates at least 40% of its assets to investments outside the US.
Integrating a multi-site team approach with portfolio managers located around the world to provide local insight, NBGR differentiates itself through a proprietary investment approach that combines top-down macroeconomic analysis with detailed bottom-up assessments of individual real estate securities.
