BNY Mellon Investment Funds - Newton UK Income Fund Institutional W Income

Category UK Equity Income

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

Last buy/sell price

£1.5629

arrow-up£0.011 (+0.73%)

Fund Code

NWHGI

B7W2G37

GB00B7W2G379

Prices updated as at 14 Nov 2024

Prices in GBP

Investment objective

The Sub-Fund aims to achieve income over an annual period together with capital growth 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

01 Jun 1987

Domicile

United Kingdom

UCITS

Yes

Lead manager

Tim Lucas

Lead manager start date

22 Apr 2022

Lead fund manager biography

Tim began his career in 1983 as an auditor/trainee accountant with Neville Russell. In 1985, he joined KMPG as an auditor, and later as a qualified accountant. From 1988 – 1990 Tim worked as a group internal auditor for a small financial services group Tyndall Holdings. He holds a BSc (Hons) in Economics & Accounting from Bristol University.

Lead manager

David Cumming

Lead manager start date

22 Apr 2022

Lead 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 Income Fund