BNY Mellon Investment Funds - Newton UK Equity Fund Institutional W Accumulation

Category UK Large-Cap Equity

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

£2.336

arrow-up£0.017 (+0.74%)

Fund Code

NWUEA

B6X4W59

GB00B6X4W596

Prices updated as at 28 Jan 2025

Prices in GBP

Investment objective

The Sub-Fund aims to achieve capital growth and income over the long term (5 years or more). The Sub-Fund is actively managed and invests at least 70% of the portfolio in UK equities (company shares), including ordinary shares, preference shares and other equity-related securities. UK companies are defined as those that are either domiciled, incorporated or which have significant business in the UK.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Company name

BNY Mellon Fund Managers Limited

Fund launch date

05 Sep 2012

Domicile

United Kingdom

UCITS

Yes

Lead manager

Tim Lucas

Lead manager start date

30 May 2024

Lead fund manager biography

Tim is a portfolio manager on the UK equities team. Tim joined Newton in 2004, and prior to joining the UK equities team, was a global research analyst specialising in the support services and leisure sectors. Prior to joining Newton, Tim worked as an equity analyst at Insight Investment, covering the chemicals and support services sectors. Tim has a Master of Chemistry degree from the University of Oxford and is a CFA charterholder. Outside of work, Tim enjoys reading about Austrian economics and helps with coaching the children at his village cricket club.

Fund manager

David Cumming

Manager start date

30 May 2024

Fund manager biography

David Cumming joined Newton as Head of UK Equities in March 2022. David manages the BNY Mellon UK Income Fund with Tim Lucas, and heads up our UK equity investment team, working with Louise Kernohan and Georgina Cooper who run our UK Equity and Sustainable UK Opportunities strategies. David has been an active UK equity manager for more than 35 years. He was most recently Chief Investment Officer of Equities at Aviva Investors. Before that, he was Head of Equities at Standard Life Investments, and prior to that was a portfolio manager at Morgan Grenfell, Manufacturers Life and Edinburgh Fund Managers, having begun his career as an investment analyst at Royal London Mutual. He has an MA (Hons) in Economics and Accounting.

Head office

BNY Mellon Fund Managers Limited

The Bank of New York Mellon Centre

London

United Kingdom

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BNY Mellon UK Equity Fund