BNY Mellon Global Absolute Return Fund Institutional W Accumulation

Category GBP Flexible Allocation

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

Last buy/sell price

£1.313

arrow-up£0.002 (+0.16%)

Fund Code

ISARA

B83VQG3

GB00B83VQG35

Prices updated as at 08 Nov 2024

Prices in GBP

Investment objective

The Sub-Fund seeks to deliver positive returns on an annual basis after fees. The Sub-Fund aims to deliver returns before fees within a range of cash (SONIA (90-day compounded)) on a rolling 12-month basis and cash (SONIA (90-day compounded)) + 4% per annum on a rolling annualised five year basis. 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 strategy to a range of asset classes including cash, near cash and deposits, fixed interest securities, equities, property, commodities and infrastructure. Exposure to these assets will be achieved through investment in transferable securities, derivatives, money market instruments, deposits, and collective investment schemes. Investment in property, commodities and infrastructure will be indirect.

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

09 Feb 2013

Domicile

United Kingdom

UCITS

Yes

Fund manager

Steve Waddington

Manager start date

11 Feb 2013

Fund manager biography

Steve joined Insight’s Multi-Asset Strategy Group in January 2008 and is responsible for fund management and investment research. Before joining Insight he spent five years at BT Financial Group, Australia (formerly Rothschild Australia Asset Management), where from 2004 he was Head of External Investments, responsible for fund management and investment research. Steve started his career at Savills Commercial Ltd, where he was responsible for advising institutional and private company clients on property investment and development. Steve holds a BSc honours degree in Valuation and Estate Management from the University of the West of England, Bristol and an MBA from the Australian Graduate School of Management, University of New South Wales. He also holds the Investment Management Certificate from the CFA Society of the UK and is a professional member of the Royal Institution of Chartered Surveyors.

Head office

BNY Mellon Fund Managers Limited

The Bank of New York Mellon Centre

London

United Kingdom

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