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IE00BFMHRM44
Neuberger Berman Global Equity Megatrends Fund

  • Equities
  • Global
  • USD Cash
  • Accumulating
Invest with
USD Cash
Payout type
Accumulating
Risk rating
6
About this fund
Description
The Fund seeks to achieve long-term capital appreciation through investment in a portfolio of equity holdings that are exposed to global long-term themes.
Key information
Annual report
Key fact sheet
Prospectus
Factsheet
Our perspective
Why we think this fund is best-in-class
product
Product
Concentrated and unconstrained global equity portfolio utilising a thematic approach to build conviction and manage risk. The resultant portfolio is differentiated in terms of style and underlying holdings relative to other thematic peers and its benchmark. Only invests in businesses that are directly supported by powerful secular shifts and therefore enjoy more visible and predictable growth outlook. Consequently, the portfolio is very high in theme purity with a purity level exceeding 90%.
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people
People
Neuberger Berman's Global Research Strategies manages a group of thematic strategies totalling approximately US6bn AUM, spanning megathemes from next gen connectivity to autonomous vehicles & decarbonisation. The Global Equity Megatrends Strategy is managed by a stable long-running portfolio management team. Each member has been with the firm for over 10 years with Daniel Paduano and Sherrell having joined in 1977 and 1997 respectively. The team was formed over 30 years ago, and the portfolio managers average 30 years of industry experience.
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performance
Performance
Owing to its concentrated nature and tilt towards small and mid capitalization companies, the fund may experience heightened volatility. Nonetheless, it has registered lower drawdowns versus peers and faster recovery periods in challenging markets. Investors have historically been rewarded for the risk assumed as evidenced by the strategy's performance track record. As of 30 Nov 2023, the strategy's longer term composite incepted on 1/1/1991 has outperformed the MSCI World (Net) Index in the 3-, 5-, 10-, 20- year and since inception periods.
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process
Process
The team believes that companies which participate in or are beneficiaries of long-term secular trends typically transcend cyclicality, allowing for resilience across cycles. The strategy utilises themes as a tool to manage risk and build conviction for themes which are forward looking in nature, allowing for long-term visibility and predictability of return. With themes as an initial starting point, the team then screens the universe of stocks with clear exposure to one or more of the identified themes. Quantitative and qualitative filters are also applied, using conservative assumptions in their cash flow generation models. The team tends to have a preference for Enablers led by high quality management teams.
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cost
Cost
Endowus offers retail share class with 100% trailer fee rebated back to Endowus investors to achieve lower cost of access.
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selectionCriteria
How it fits in a portfolio
The fund may be of interest to investors seeking a concentrated global equity portfolio with the growth of underlying companies underpinned by secular long-term trends. Investors should be cognizant of the volatility that accompanies investing in a concentrated SMID tilted portfolio, and may consider the fund as an allocation within a broader and relatively more globally, and sectorally, diversified portfolio.
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Invest in this fund
Performance
Shows the total return of this accumulating fund, which includes dividends reinvested.
Total returns
All Time
116.14%
YTD
14.71%
1 month
2.85%
6 month
10.31%
1 year
16.02%
3 year
63.02%
5 year
98.42%
As of Aug 2025
Distributions
This is an accumulating fund, so dividends are re-invested at the fund level.
Risk metrics
Max drawdown
-25.77%As of Aug 2025
Volatility
20.11%As of Aug 2025
Calendar returns
YearTotalJanFebMarAprMayJunJulAugSepOctNovDec
2025-2.6%1.4%-6.5%-1.8%8.2%5.1%2.7%2.9%----
202422.5%-0.9%3.4%4.9%-0.3%6.5%-0.7%2.9%3.8%1.6%-1.2%7.3%-6.1%
202321.9%14.3%-2.3%-2.3%-2.6%0.4%7.9%4.9%-3.9%-5.8%-5.6%10.9%6.5%
2022-14.5%-2.1%0.9%-0.6%-7.3%2.0%-8.9%7.3%-1.1%-12.2%8.4%4.2%-4.0%
202117.1%1.9%7.3%3.5%4.5%1.8%2.5%-1.0%-1.2%-1.3%0.1%-6.8%5.3%
Top Exposures
Vistra Corp5.26%
Alibaba Group Holding Ltd ADR5.26%
Chart Industries Inc5.17%
Corning Inc5.00%
Pets at Home Group PLC4.94%
Perrigo Co PLC4.93%
Delta Air Lines Inc4.79%
NICE Ltd ADR4.77%
Criteo SA ADR4.77%
Amdocs Ltd4.51%
Top exposures represent up to 15 of the fund's largest exposures for each category. Allocation percentages may not sum up to 100% and can include negative values due to rounding or trading activities by the underlying fund managers, including short positions.
Fund fees
1.84%1.04% p.a.
Save 43%
Fund facts
ISIN
IE00BFMHRM44
Fund house
Neuberger Berman
Fund size
US$818.5M
As of 08 Sep 2025
Fund inception date
27 Apr 2018
Fund class currency
USD
Fund share class
A Acc USD
Oldest share inception date
27 Apr 2018
Pricing frequency
Daily

Warning statements

  • All investments involve risks (including the possibility of loss of the capital invested) and the price of fund units may go up as well as down.
  • Past performance is not indicative of future performance.
  • Although this fund has been authorised by the Hong Kong Securities and Futures Commission (“SFC”), it does not imply an official recommendation or endorsement by the SFC nor does it guarantee the commercial merits of the fund or its performance.
  • If you are in any doubt, you should clarify with us or seek independent professional advice.

Risk Warnings Investment involves risk. Past performance is not an indicator nor a guarantee of future performance or returns. Projected performance or returns are not guaranteed to materialise. The value of investments and the income from them can go down as well as up, and you may not get the full amount you invested. Rates of exchange may cause the value of investments to go up or down. Individual stock performance does not represent the return of a fund.

The value of the fund can be volatile and can go down substantially within a short period of time. It is possible that a certain amount or all of your investment could be lost.

Generic risk warnings relating to collective investment schemes

Funds are not a bank deposit and not capital guaranteed, and is subject to investment risks, including the possible loss of the principal amount invested. There is no assurance that a fund will have sufficient liquidity to meet redemption requests and that the fund's investment objectives and strategies will be achieved.

The funds' investment may involve substantial market, currency, volatility, liquidity, regulatory and political risks. Some funds may use derivatives, whether for hedging or for investment purposes. The risks associated with derivatives include counterparty/credit, liquidity, valuation, volatility and market risks. The fund's volatility may increase or decrease from its derivative usage and such fund may suffer losses from its derivative usage. Do not invest in these funds unless you fully understand and are willing to assume the risks associated with them.

Opinions Any forward-looking statements, prediction, projection or forecast on the economy, stock market, bond market or economic trends of the markets contained in this material are subject to market influences and contingent upon matters outside the control of Endowus HK Limited (“Endowus”) and therefore may not be realised in the future. Further, any opinion or estimate is made on a general basis and subject to change without notice. In presenting the information above, none of Endowus HK Limited, its affiliates, directors, employees, representatives or agents have given any consideration to, nor have made any investigation of the objective, financial situation or particular need of any user, reader, any specific person or group of persons. Therefore, no representation is made as to the completeness and adequacy of the information to make an informed decision. You should carefully consider (i) whether any investment views and products/ services are appropriate in view of your investment experience, objectives, financial resources and relevant circumstances. You may also wish to seek financial advice through a financial advisor or the Endowus platform and independent legal, accounting, regulatory or tax advice, as appropriate.

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