Fund
Targeted Absolute Return
NAV Price
-
Chg
-
-
Updated: -
This stock can be held in:
Fund Info
accumulation
BNY Mellon
United Kingdom
GB00BD6DRD55
SONIA +4% GBP
Open Ended Investment Company
Investment Strategy
The Sub-Fund seeks to achieve a rate of return in sterling terms that is equal to or above the return from cash (SONIA (30 day compounded)) +4% per annum over five years before fees. In doing so, it aims to achieve a positive return on a rolling three year basis (meaning a period of three years, no matter which day you start on). However, capital is in fact at risk and there is no guarantee that this will be achieved over that, or any, time period. To achieve its investment objective, the Sub-Fund will invest predominantly, meaning at least 75%, in a portfolio of UK and international securities across a broad diversified range of asset classes.
Loading Comparison