28 November 2024
NB
Distressed Debt Investment Fund Limited
(the
'Company')
3rd Quarter 2024
Portfolio Update - All Share Classes
The Company's factsheets for the
quarter ended 30 September 2024 are now available via the following
links:
NBDD - Ordinary Share
Class
http://www.rns-pdf.londonstockexchange.com/rns/9317N_1-2024-11-27.pdf
NBDX - Extended Life Share
Class
http://www.rns-pdf.londonstockexchange.com/rns/9317N_3-2024-11-27.pdf
NBDG - Global Share
Class
http://www.rns-pdf.londonstockexchange.com/rns/9317N_2-2024-11-27.pdf
or via the Company's website
www.nbddif.com
Neither the contents of the
Company's website nor the contents of any website accessible from
hyperlinks on the Company's website (or any other website) is
incorporated into, or forms part of, this announcement.
- ENDS -
For
further information please contact:
KL
Communications
Tel: +44 (0)20 3882 6644
Charles
Gorman
nbdd@kl-communications.com
-----
This document has been issued by NB Distressed Debt Investment
Fund Limited (the "Company"), and should not be taken as an offer,
invitation or inducement to engage in any investment activity and
is solely for the purpose of providing information about the
Company. This document does not constitute or form part of, and
should not be construed as, any offer for sale or subscription of,
or solicitation of any offer to buy or subscribe for, any share in
the Company or securities in any other entity, in any jurisdiction.
This product is only suitable for institutional, professional and
professionally advised retail investors, private client fund
managers and brokers who are capable of evaluating the merits and
risks of the product and who plan to stay invested until the end of
the recommended holding period and can bear loss of capital. Due to
the level of complexity and inherent risk of investment in the debt
market, we believe that a professional investor would be able to
understand the risks in such security type and the potential
impact. An investor with reasonable knowledge of loans and
alternative credit would need to be assessed by the advisor or
distributor to establish suitability for this
product.
Full product details, including Key Information Documents, are
available on our website at
www.nbddif.com
Due to the inherent risk of investment in the debt market
particularly related to alternative credit, it is expected that a
qualified investor would be able to understand the risks in such
security types and the potential impact of investing in the
product. This product is designed to form part of a portfolio of
investments.
The Company is a closed-ended investment company incorporated
and registered in Guernsey and is governed under the provisions of
the Companies (Guernsey) Law, 2008 (as amended), and the Registered
Collective Investment Scheme Rules 2021 issued by the Guernsey
Financial Services Commission ("GFSC"). It is a non-cellular
company limited by shares and has been declared by the GFSC to be a
registered closed-ended collective investment scheme. The Company's
shares are admitted to trading on the Specialist Fund Segment of
the London Stock Exchange's Main Market for listed
securities.
Neuberger Berman Europe Limited is authorised and regulated by
the Financial Conduct Authority and is registered in England and
Wales, at The Zig Zag Building, 70 Victoria Street, London, SW1E
6SQ.
This document is presented solely for information purposes and
nothing herein constitutes investment, legal, accounting or tax
advice, or a recommendation to buy, sell or hold a security. We do
not represent that this information, including any third-party
information, is complete and it should not be relied upon as such.
Any views or opinions expressed may not reflect those of the
Company as a whole. All information is current as of the date of
this material and is subject to change without notice. No part of
this document may be reproduced in any manner without prior written
permission of the Company.
An
investment in the Company involves risks, with the potential for
above average risk, and is only suitable for people who are in a
position to take such risks. No recommendation or advice is being
given as to whether any investment or strategy is suitable for a
particular investor. Each recipient of this document should make
such investigations as it deems necessary to arrive at an
independent evaluation of any investment, and should consult its
own legal counsel and financial, actuarial, accounting, regulatory
and tax advisers to evaluate any such investment. It should not be
assumed that any investments in securities, companies, sectors or
markets identified and described were or will be profitable.
Investment in the Company should not constitute a substantial
proportion of an investor's portfolio and may not be appropriate
for all investors. Diversification and asset class allocation do
not guarantee profit or protect against loss.
Past performance is not a
reliable indicator of current or future results.
The value of
investments may go down as well as up and investors may not get
back any of the amount invested. The performance data does not take
account of the commissions and costs incurred on the issue and
redemption of units.
The value of investments designated in another currency may
rise and fall due to exchange rate fluctuations in respect of the
relevant currencies. Adverse movements in currency exchange rates
can result in a decrease in return and a loss of
capital.
Tax treatment depends on the individual circumstances of each
investor and may be subject to change, investors are therefore
recommended to seek independent tax advice.
This document, and the information contained therein, is not
for viewing, release, distribution or publication in or into the
United States, Canada, Japan, South Africa or any other
jurisdiction where applicable laws prohibit its release,
distribution or publication, and will not be made available to any
national, resident or citizen of the United States, Canada, Japan
or South Africa. The distribution of this document in other
jurisdictions may be restricted by law and persons into whose
possession this document comes must inform themselves about, and
observe, any such restrictions. Any failure to comply with the
restrictions may constitute a violation of the federal securities
law of the United States and the laws of other
jurisdictions.
The Company's shares have not been and will not be registered
under the US Securities Act of 1933, as amended (the "Securities
Act"), or with any securities regulatory authority of any state or
other jurisdiction of the United States. The shares may not be
offered, sold, resold, pledged, delivered, distributed or otherwise
transferred, directly or indirectly, into or within the United
States, or to, or for the account or benefit of, US persons (as
defined in Regulation S under the Securities Act). No public
offering of the shares is being made in the United
States.
The Company has not been and will not be registered under the
US Investment Company Act of 1940, as amended (the "Investment
Company Act") and, as such, holders of the shares will not be
entitled to the benefits of the Investment Company Act. No offer,
sale, resale, pledge, delivery, distribution or transfer of the
shares may be made except under circumstances that will not result
in the Company being required to register as an investment company
under the Investment Company Act. In addition, the shares are
subject to restrictions on transferability and resale in certain
jurisdictions and may not be transferred or resold except as
permitted under applicable securities laws and regulations. Any
failure to comply with these restrictions may constitute a
violation of the securities laws of any such
jurisdictions.
The "Neuberger Berman" name and logo are registered service
marks of Neuberger Berman Group LLC.
© 2024 Neuberger Berman Group
LLC. All rights reserved.