BNY Mellon Global Absolute Ret Inst WInc

Fund

Fund Info

  • Yield History1.18%
  • 3 Year sharpe0.67
  • 3 Year alpha-
  • Distribution Typeincome
  • BenchmarkLIBOR GBP 3 Months +4%
  • Legal StructureOpen Ended Investment Company
  • Fund Size (month end)Open Ended Investment Company
  • OCF0.75%
  • SectorTargeted Absolute Return
  • Manager GroupBNY Mellon
  • DomicileUnited Kingdom
  • ISINGB00B841JM97

Investment Strategy

The objective of the Sub-Fund is to deliver positive returns on an annual basis with the prospect of attractive long-term capital growth. The Sub-Fund aims to deliver cash (3 month GBP LIBOR) +4% on a rolling annualised 5 year basis before fees. However, a positive return is not guaranteed and a capital loss may occur. The policy of the Sub-Fund is to gain exposure through a dynamic allocation to a range of asset classes including: fixed income, cash, near cash and deposits, equities, property, commodities and infrastructure. Exposure to these will be achieved through investment in collective investment schemes, transferable securities, money market instruments, deposits and derivatives. Investment in property, commodities and infrastructure will be indirect. The Sub-Fund may also use collective investment schemes to gain exposure to absolute return strategies and may use derivatives to obtain long and short exposures.