NBCM – Neuberger Commodity Stgy ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks total return. The fund seeks to achieve its goal by investing under normal circumstances in commodity-linked derivative instruments and fixed income instruments. Commodities are assets such as oil, natural gas, agricultural products or metals. The fund’s fixed income investments will be primarily in investment grade fixed income securities and are intended to provide liquidity and preserve capital and may serve as collateral for the fund’s derivative instruments.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
NBCM	Neuberger Commodity Strategy ETF	ETF	Open		—	Aug 27, 2012	$537.12M	0.650%	—	—	$133.88M

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