NB Glbl FRN Fund Ltd Nb Glbl Fltg Rte Inc: Foreign Exchange Hedging

 
TIDMNBLU 
 
   NB Global Floating Rate Income Fund (the "Company") 
 
   Foreign Exchange Hedging 
 
   28 June 2016 
 
   The Company's sterling share class hedges all USD and EUR exposure back 
to GBP. In anticipation of currency volatility following the UK 
referendum on continued membership of the EU, the Company renewed its 
foreign exchange hedges early in June with settlement in September. 
Accordingly, the Board does not expect the current volatility in the 
foreign exchange markets as a reaction to the UK referendum's result to 
impact materially the Company's NAV. 
 
   -ENDS- 
 
   For media and analyst enquiries please contact: 
 
   Neustria Partners 
 
   Nick Henderson/Rob Bailhache/Charles Gorman 
[phone] 
 
   This announcement is distributed by NASDAQ OMX Corporate Solutions on 
behalf of NASDAQ OMX Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: NB GLOBAL FLOATING RATE INCOME FUND LIMITED (USD) via 
Globenewswire 
 
   HUG#2023528 
 
 
  http://www.careygroup.gg/ 
 

(END) Dow Jones Newswires

June 28, 2016 07:40 ET (11:40 GMT)

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