Neuberger Berman Global Real Estate ETF (NBGR)

ETF Neuberger Berman ETF Trust Overview

Profile

Neuberger Berman ETF Trust is a family of actively managed exchange-traded funds (ETFs). These ETFs focus on various asset classes and investment strategies, including fixed income, equities, multi-asset, and alternatives. Each ETF employs active management to seek to outperform its benchmark index through security selection and market timing.

Objective

The primary investment goal of Neuberger Berman ETF Trust varies depending on the specific ETF. However, the overall objective is to provide investors with access to actively managed investment strategies across different asset classes, aiming to deliver competitive risk-adjusted returns.

Issuer

Neuberger Berman Group LLC

• Reputation and Reliability: Neuberger Berman is a global investment management firm founded in 1939 with over $468 billion in assets under management across different strategies and asset classes. The firm enjoys a strong reputation for its investment expertise and experience.
• Management: The firm boasts seasoned portfolio managers with extensive experience managing various investment styles and strategies. The investment team includes veterans like Joseph V. Amato (Chief Investment Officer), Christopher J. Berrier (CIO of NB Alternatives), and Steve Eisengart (CIO of Multi-Asset Strategies).

Market Share

While Neuberger Berman ETF Trust has a smaller overall market share compared to larger ETF providers like BlackRock and Vanguard, it has carved a niche in some specific categories. For instance, some of their actively managed fixed income ETFs have garnered significant attention and assets.

Total Net Assets

As of October 27, 2023, Neuberger Berman ETF Trust manages approximately $6.62 billion in total net assets across its ETF lineup.

Moat

Neuberger Berman ETF Trust's competitive advantages include:

• Experienced management team with strong track records.
• Active management approach offering potential to outperform benchmarks.
• Access to diverse investment strategies across multiple asset classes.

Financial Performance

Neuberger Berman ETF Trust's financial performance varies between different ETFs due to their individual strategies and market exposures. For specific performance data and comparison to relevant benchmarks please refer to individual fund prospectuses and websites.

Growth Trajectory

Neuberger Berman ETF Trust has been growing its assets steadily, reflecting investor demand for actively managed ETF solutions. This trend is likely to continue as demand for active management increases and the firm launches new innovative offerings.

Liquidity

Average trading volumes and bid-ask spreads vary for different Neuberger Berman ETF Trust ETFs. Generally, most ETFs exhibit moderate-to-high liquidity, ensuring efficient trading. For specifics, one should consult individual fund details and market data providers.

Market Dynamics

Market factors influencing these ETFs include interest rate movements, sector performance, economic growth prospects, and global events. Staying informed with these dynamics is crucial for understanding potential risks and opportunities.

Competitors

Key competitors within the actively managed ETF space include:

• BlackRock (iShares): With over $2.94 Trillion in ETF assets, BlackRock dominates the ETF landscape through its iShares brand.
• Vanguard: Known for its low-cost passive ETFs, Vanguard also offers actively managed options with over $266 Billion in AUM.
• T. Rowe Price (TROW): With over $235 Billion in ETF AUM, T. Rowe Price focuses on actively managed equity and fixed income strategies.
• Invesco (IVZ): Invesco holds around $146 Billion in ETF AUM, offering diverse actively managed and index-tracking strategies.
• Dimensional Fund Advisors (DFA): Focusing on academic research-driven investment strategies for its $877 Billion in ETF AUM.

Expense Ratio

Expense ratios for Neuberger Berman ETF Trust ETFs generally fall within the range of 0.25% to 0.95%, depending on the specific strategy and underlying assets. For precise expense ratio information, refer to individual fund prospectuses.

Investment Approach and Strategy

The investment approach varies across different Neuberger Berman ETF Trust ETFs. Some actively manage portfolios to a benchmark, utilizing security selection and potentially market timing, while others may employ more quantitative or systematic strategies. The fund prospectus details each ETF's specific objectives and investment process. The composition includes stocks, bonds, commodities, or combinations depending on the targeted asset class and strategy of individual ETFs.

Key Points

• Actively managed ETF offerings from a reputable fund manager (Neuberger Berman)
• Wide range of strategies across diverse asset classes
• Experienced investment team with strong track records
• Growing assets under management

Risks

• Active management comes with potential for underperformance relative to benchmarks.
• Portfolio holdings may face specific industry or sector risks depending on the ETF.
• Liquidity risk for newer or less traded ETFs.

Who Should Consider Investing?

Neuberger Berman ETF Trust ETFs could appeal to investors seeking:

• Exposure to actively managed strategies
• Potential to outperform benchmark indexes
• Access to diverse asset classes and investment styles within ETF structure

It is crucial to thoroughly understand specific ETF's investment objectives, risks, and expense ratios before investing.

Fundamental Rating Based on AI (1 - 10): 8.5

Neuberger Berman ETF Trust scores high, reflecting its experienced management team, diverse offerings, and growing AUM. However, the active management approach involves higher fees and potential underperformance risks compared to passive strategies.

Important Note: This report is for informational purposes only and should not be considered investment advice. Thorough due diligence and professional consultation are necessary before any investment decisions are made.

Resources and Disclaimers

This analysis has utilized information obtained from the following publicly available sources:

• Neuberger Berman ETF Trust website: https://www.nb.com/etfs/us/overview/
• ETF Database websites like ETFDB.com, ETF.com
• SEC filings for individual Neuberger Berman ETFs

Disclaimer: This information should not be considered professional investing advice. Investing involves inherent risks and requires conducting your research, evaluating individual circumstances, and consulting financial professionals for personalized guidance based on your unique financial profile and risk tolerance.