NBCC

The Neuberger Berman Next Generation Connected Consumer ETF (NBCC) focuses on investments in companies that are poised to benefit from the evolving consumer landscape, particularly those leveraging technology to enhance consumer experiences. This ETF targets sectors such as e-commerce, digital payments, and connected devices, primarily in North America and Europe.

Financial ServicesShell Companieslow - the ETF has minimal fixed costs, primarily consisting of management fees, and benefits from variable costs associated with its investment strategy.

Business Overview

01Equity investments in technology-driven consumer companies - 100%

NBCC generates returns through capital appreciation from its portfolio of growth-oriented companies that are innovating in consumer technology. The ETF's strategy focuses on identifying firms with strong competitive advantages, such as proprietary technology and brand loyalty, which allows for pricing power and sustainable growth.

What Moves the Stock

Consumer adoption rates of connected devices and e-commerce platforms

Trends in digital payment solutions and fintech innovations

Changes in consumer spending patterns influenced by economic conditions

Regulatory developments affecting technology and consumer sectors

Watch on Earnings
Portfolio growth rateReturn on investment for top holdingsMarket share changes in key sectors

Risk Factors

Technological disruption from emerging competitors in the consumer tech space

Regulatory changes impacting data privacy and consumer protection

Intensifying competition from established tech giants entering the consumer space

Market volatility affecting growth-oriented technology stocks

Potential liquidity risks in the underlying companies during economic downturns

Market risk associated with high valuations in the tech sector

StructuralCompetitiveBalance Sheet

Macro Sensitivity

Economic Cycle

high - the ETF's performance is closely tied to consumer spending and overall economic health, as increased consumer confidence typically leads to higher spending on technology and services.

Interest Rates

Rising interest rates can dampen consumer spending and borrowing, potentially affecting the growth of companies within the ETF's portfolio, thus impacting valuation multiples negatively.

Credit

minimal - the ETF is not directly dependent on credit markets, but broader credit conditions can influence consumer spending and investment in technology.

Live Conditions
Dow Jones FuturesS&P 500 FuturesRussell 2000 Futures30-Year Treasury10-Year Treasury5-Year Treasury2-Year Treasury30-Day Fed Funds

Profile

growth - investors seeking exposure to high-growth potential in the consumer technology sector.

high - the ETF is likely to exhibit higher volatility due to its focus on growth stocks in a rapidly changing industry.

Key Metrics to Watch
Consumer sentiment index (UMCSENT)
E-commerce sales growth rate
Digital payment transaction volumes
Investment flows into technology-focused ETFs
Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.