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Neuberger Berman Commodity Strategy ETF Description
Neuberger Berman Commodity Strategy ETF is an exchange traded fund launched and managed by Neuberger Berman Investment Advisers LLC. The fund invests in commodity and fixed income markets. For its fixed income portion, it invests in investment grade fixed income securities. For its commodity portion, it takes long and short positions to create its portfolio. It invests directly and through derivatives in various commodity sectors. The fund uses derivatives such as futures to invest in commodity market. It invests in commodities through a wholly owned subsidiary of the fund formed in the Cayman Islands. The fund employs fundamental and quantitative analysis with top-down securities picking approach to create its portfolio. Neuberger Berman Commodity Strategy ETF was formed on August 27, 2012 and is domiciled in the United States.
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