NBDS is an actively managed fund that invests in companies that are either set to disrupt current markets or are creating new markets through their innovation. It’s a fund in a suite of new actively managed ETFs from Neuberger Berman, a well-established mutual fund firm that has made the transition to ETFs at what Lydon believes to be a good time for funds like this. “First of all, this is a disrupter type of portfolio: many technology stocks, companies that are growing at a pretty favorable rate,” Lydon said. While tech stocks and disruptive style ETFs have taken large hits in the last year with many of the tech giants off of their valuation highs, the investment strategy of NBDS offers diversification opportunities for portfolios during a difficult time for markets. The fund utilizes the experience of its portfolio managers who have been managing mutual funds for decades to select stocks and invests across sectors instead of concentrating within just a singular sector. “When things are tough in the markets, a lot of people do turn to active management because they want their managers to be a little bit discerning about the underlying companies that they’re buying,” Lydon explained.