Anlageziel Neuberger Berman Absolute Return Multi Strategy Fund JPY I Distributing Class Fonds

The Portfolio seeks capital appreciation with an emphasis on absolute returns from a diversified portfolio of investment strategies.The Portfolio will allocate its assets to multiple discretionary investment advisors that employ a variety of investment strategies and invest globally without a focus on any particular industrial sector. The Investment Manager and/or Sub-Investment Manager are responsible for selecting each advisor to which assets will be allocated and for determining the amount of the Portfolio’s assets to allocate to each advisor. The Investment Manager and/or Sub-Investment Manager will allocate the Portfolio’s assets to advisors whose strategy the Investment Manager and/or Sub-Investment Manager believe, when combined to form a single portfolio, can provide attractive risk-adjusted returns over the long term.