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Notice to Shareholders from NEUBERGER BERMAN EUROPE LTD (IE) - 11/10/2024

11 October 2024

We refer to the notification letter from NEUBERGER BERMAN EUROPE LTD (IE) with the following announcement(s).

1. CHANGE IN INVESTMENT POLICY.


Effective from 12/12/2024, the investment policy of the below fund/s will be amended:

IE00BF0K7C50 NEUBERGER BERMAN EMERGING MARKET DEBT HARD CUR "A" (HKDHDG) INC
IE00B986J944 NEUBERGER BERMAN EM DBT HARD CCY "A" (USD) ACC

ESG: please note that the “SFDR Annex” for this Portfolio will be updated to reflect that this Portfolio is now committing to investing a minimum of 10% of its Net Asset Value in Sustainable Investments and to note the application of additional ESG exclusions. The Portfolio will prohibit investment in securities by issuers that derive any revenue from the production of adult entertainment products or 5% or more of their revenue from the production of alcohol, distribution of adult entertainment products, or gambling.

2. CHANGES TO PROSPECTUS.


Effective from 12/12/2024, there will be changes to the prospectus of the following funds:

IE00BF0K7C50 NEUBERGER BERMAN EMERGING MARKET DEBT HARD CUR "A" (HKDHDG) INC
IE00B986J944 NEUBERGER BERMAN EM DBT HARD CCY "A" (USD) ACC

Please note that, to ensure that these Portfolios meet the requirements stemming from the ESMA Fund Name Guidelines when they come into force, these Portfolios will apply the EU PAB exclusions and each “SFDR Annex” will be updated to note the application of the EU PAB exclusions.

3. CHANGE IN INVESTMENT POLICY.


Effective from 12/12/2024, the investment policy of the below fund/s will be amended:

IE00BDZRXR46 NEUBERGER BERMAN SHORT DURATION EMERGING MARKET DEBT "A" (USD) ACC
IE00BMN94611 NEUBERGER BERMAN SHORT DURATION EM MKT DEBT "A" (USD) INC

Clarification: The “Investment Restriction” section of the Supplement will be updated to note that the following restrictions apply: A maximum of 50% of the Portfolio’s Net Asset Value may be invested in high yield debt securities. A maximum of 5% of the Portfolio’s Net Asset Value may be invested in unrated debt securities.

4. CHANGES TO PROSPECTUS.


Effective from 12/12/2024, there will be changes to the prospectus of the following funds:

IE00BYQX7S71 NEUBERGER BERMAN CHINA BOND "I" (USD) ACC

The trading and settlement of these Portfolios are subject to normal practice even under severe weather conditions in Hong Kong. As such, the definition of “Business Day” within the “Definitions” section of the Supplements for these Portfolios will be updated to remove reference to the severe weather carve outs in respect of Hong Kong so that, days on which these severe weather events occur in Hong Kong will be treated as a “Business Day” with respect to these Portfolios. As a result, the number of Business Days in a calendar year for these Portfolios may be increased.

5. CHANGE IN INVESTMENT POLICY.


Effective from 12/12/2024, the investment policy of the below fund/s will be amended:

IE00BMPRXN33 NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND "A" (USD) ACC
IE00BMPRXQ63 NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND "A" (HKDHDG) ACC

Material change: The “Investment Approach” section of the Supplement for the Neuberger Berman Next Generation Connectivity Fund will be updated throughout to replace all references to “mobile internet and 5G connectivity” with “the next generation connectivity”.

6. CHANGES TO PROSPECTUS.


Effective from 12/12/2024, there will be changes to the prospectus of the following funds:

IE00B986J944 NEUBERGER BERMAN EM DBT HARD CCY "A" (USD) ACC
IE00BMPRXN33 NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND "A" (USD) ACC
IE00BMPRXQ63 NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND "A" (HKDHDG) ACC
IE00BRJFZH69 NEUBERGER BERMAN STRATEGIC INCOME"A" (HKD) INC
IE00BDZRXR46 NEUBERGER BERMAN SHORT DURATION EMERGING MARKET DEBT "A" (USD) ACC
IE00B7BTH691 NEUBERGER BERMAN STRATEGIC INCOME "A" (USD) INC
IE00BYQX7S71 NEUBERGER BERMAN CHINA BOND "I" (USD) ACC
IE00B87L2R26 NEUBERGER BERMAN STRATEGIC INCOME "A" (USD) ACC
IE00BF0K7C50 NEUBERGER BERMAN EMERGING MARKET DEBT HARD CUR "A" (HKDHDG) INC
IE00BMN94611 NEUBERGER BERMAN SHORT DURATION EM MKT DEBT "A" (USD) INC
IE00BFMHRM44 NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS "A" (USD) ACC

Please be informed of several changes to the Prospectus: Updates to the “Portfolio” sub-section; Updates to the “Sustainable Investment Criteria” section; Updates to the “Definitions" section; Updates to the “Manager" sub-section; Updates to the “Fees and Expenses” section; General updates applicable to all Article 8 and Article 9 Portfolios and Updates to some of the environmental and social characteristics promoted by certain Article 8 and Article 9 Portfolios.