NMGAX – Neuberger Berman Mid Cap Growth Fund

Change Fund:


Description

Asset Class:

Equity Global Technology

Investment Objective:

The Fund seeks growth of capital by normally investing at least 80% of its net assets in common stocks of mid-capitalization companies. The Fund seeks to reduce risk by diversifying among many companies, sectors and industries.

Responsible Entity:

Neuberger Berman

Fund Manager:

Kenneth Turek

Base Currency:

USD

Fund Facts

Fund Launch Date:

1st March 1997

Fund size (millions):

$1,900

Morning Star Rating:

4 Stars

Morning Star Report:

https://www.morningstar.com/funds/XNAS/NMGAX/quote

Management Fees:

0.81%% p.a

Results

3 month (%)6 month (%)1 year (%)3 years (%)5 years (%)10 years (%)Since inception
Distribution Return
Growth Return19.5419.8539.7120.7718.3314.4312.55
Personal Super
Retirement Pension
$100k Invested:$105,500$111,476$139,710$176,148$231,993$384,945$14,338,739
Benchmark^-3.35-5.5636.5416.1218.0413.52

^Russell Mid Cap Growth Index

*The data above is correct as of 31st March 2021

Top 10 Equity Holdings

HoldingSector% Fund
Twilio, Inc. Class AInformation Tech2%
Veeva Systems Inc Class AInformation Tech1.9%
RingCentral, Inc. Class AInformation Tech1.9%
DocuSign, Inc.Information Tech1.9%
Cintas CorporationIndustrials1.8%
HoldingSector% Fund
Monolothic Power Systems, Inc.Industrials1.7%
Coupa Software, Inc.Information Tech1.6%
CoStar Group, Inc.Information Tech1.6%
SVB Financial GroupFinancials1.6%
Burlington Stores, Inc.Consumer Discret1.5%

Sector Breakdown

Sector% Fund
Information Tech10.9%
Industrials3.5%
Financials1.6%
Consumer Discret1.5%

Resources

Risk Considerations

Risk factors you should consider before investing:

  • This material is not intended to provide investment advice or be considered a personal recommendation.
  • The value of investments and income from them can go down as well as up and you may lose some or all of your initial investment.
  • Past results are not a guide to future results.
  • If the currency in which you invest strengthens against the currency in which the underlying investments of the fund are made, the value of your investment will decrease.
  • The Prospectus and Product Highlights Sheet (PHS) set out risks, which, depending on the fund, may include risks associated with investing in fixed income, derivatives, emerging markets and/or high-yield securities; emerging markets are volatile and may suffer from liquidity problems.