Neuberger Berman China Equity Fund Achieves Five-Year Record With Top Morningstar Rating, Index-Beating Performance

LONDON, Sept. 4, 2014 /PRNewswire/ -- Neuberger Berman Group LLC, one of the world's leading employee- controlled investment managers, is pleased to announce that the firm's China Equity Fund (the Fund) recently marked its fifth anniversary and has earned an overall 5-star rating, the highest possible, from fund tracker Morningstar, reflecting the Fund's superior risk-adjusted performance relative to peers and the benchmark MSCI China Index.

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The Fund, a sub-fund of its Irish-domiciled UCITS fund umbrella, Neuberger Berman Investment Funds plc., was launched in July 2009. Since inception through July 2014, the Fund's class A shares have gained an annualized return of 9.79%*, compared with 7.35% for the MSCI China Index. The Fund ranks in the top decile for five-year risk adjusted returns within Morningstar's China Equity category.

The Fund aims to achieve an attractive level of total return of income plus capital appreciation, by investing  in Chinese companies listed in Hong Kong, overseas and domestic Chinese markets. The Fund is managed by Neuberger Berman's Greater China Investment Team, based in Shanghai and Hong Kong, including  portfolio managers Frank Yao and Lihui Tang, two traders and nine research analysts.

"We're delighted our highly experienced team continues to generate strong performance for the Fund and top marks from Morningstar," said Frank Yao, Senior Portfolio Manager and co-manager of the Fund.

"Macroeconomic indicators and GDP growth support the markets and suggest, in our view, that the Chinese government's efforts at smoothing out economic development have been successful," said Frank Yao.

The Greater China Investment Team currently manages USD2.2 Billion across China equities.

About Neuberger Berman

Neuberger Berman is a 75-year-old private, independent, employee-controlled investment manager. The firm manages equities, fixed income, private equity and hedge fund portfolios for institutions and advisors worldwide. With offices in 17 countries, Neuberger Berman's team is more than 2,000 professionals and the company was named by Pensions & Investments as a 2013 Best Place to Work in Money Management. Tenured, stable and long-term in focus, the firm fosters an investment culture of fundamental research and independent thinking. It manages $257 billion in client assets as of June 30, 2014. For more information, please visit our website at www.nb.com.

DISCLAIMER

The above press release is for information purposes only and it should not be regarded an offer or solicitation of an offer. We do not represent that this information, including any third party information, is accurate or complete and it should not be relied upon as such. Investing entails risks, including possible loss of principal. Past performance is not indicative of future results. The information contained in this press release is given at the date of its publication (unless otherwise marked) and is subject to updating, revision and amendment.

The opinions expressed reflect the opinion of Neuberger Berman Group and its affiliates ("Neuberger Berman") and are subject to change without notice.

This document is for information only and it is not an offer or solicitation for the purchase or sale of the Fund. Nothing contained herein constitutes investment advice and does not have regard to investor's specific investment objectives, financial situation or particular needs. Investor should read this document in conjunction with the Hong Kong Prospectus and the Key Facts Statement ("KFS") or seek relevant professional advice, before making any investment decision. The Prospectus and the KFS can be obtained from our website www.nb.com or any of its approved distributors.

This document is issued by Neuberger Berman Asia Limited and has not been reviewed by the Securities and   Futures Commission. The Fund has been authorized by the Securities and Futures Commission but such  authorization is not a recommendation or endorsement of its suitability for any particular investor or class of investors. Investment involves risk and investor may lose the entire investment. Past performance is not indicative of future performance. Fund performance figures are calculated net of fees. The value of investment and the income from them can fluctuate and is not guaranteed. Investors may not get back the amount they invest. The investment returns are calculated in denominated currency. For funds/classes denominated in foreign currencies, US/HK dollar- based investors are therefore exposed to fluctuations in the currency exchange rate. All charts, data, opinions, estimates and other information are provided as of the date of this document and may be subject to change without notice.

*Past performance is no guarantee of future results. The calendar year performance for Neuberger Berman China Equity Fund USD A Accumulating Class – 8.61% (Since Inception to Year ended 2010), -14.06% (2011), 22.54% (2012), 4.40% (2013) and 8.98% (2014 YTD). Source: Neuberger Berman. Performance returns are as of 31 July 2014, calculated in USD on a NAV to NAV price basis with income reinvested, but do not reflect sales charges. Investors should refer to the prospectus for information regarding fees and expenses of all share classes of the Fund. Inception date of Neuberger Berman China Equity Fund USD A Accumulating Class: 14 July 2009.

© 2014 Neuberger Berman Asia Limited. All rights reserved.

Important Notes

• The Fund invests primarily in equity and equity-linked securities which are listed or traded on recognised markets and issued by companies that are incorporated or organized under the laws of, or that have a principal office in, the PRC, Hong Kong SAR, Macau SAR or Taiwan (the "Greater China Region").
• The Fund is therefore exposed to investment, emerging markets, Chinese market, lower rated securities, currency, currency hedging and equity risks.
• The Fund may use financial derivative instruments (FDI) for efficient portfolio management and hedging purposes. FDIs, however, will not be extensively used for investment purposes (including efficient portfolio management) nor for hedging purposes.
• In respect of Distributing Shares, the Fund may at its discretion pay dividends out of the capital of the Fund. Dividends paid out of capital amount to a return or withdrawal of part of an investor's original investment or from any capital gains attributable to that original investment. Such dividends may result in an immediate decrease in the net asset value of the relevant shares.
• Investors may be subject to substantial losses.
• Investors should not solely rely on this document to make any investment decision. Please refer to the offering documents for details including the risk factors before making any investment decisions.
• Please seek independent financial and professional advice if necessary.
• Before you decide to invest, you should make sure the intermediary has explained to you that the fund is suitable for you.

Media Contact:
Alex Samuelson, +1-212-476-5392, Alexander.Samuelson@NB.com 
Elina Choy, +852-3664-8835, Elina.Choy@NB.com