BNY Mellon Global Absolute Return Fund Institutional W Income
Category GBP Flexible Allocation
This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price
£1.1438
£-0.001 (-0.10%)
Fund Code
ISARI
B841JM9
GB00B841JM97
Prices updated as at 20 Feb 2025
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.
- Key stats
- Growth
- Performance
- Charges & documents
- Dividends
- Portfolio
- Risk & rating
- Management
Fund status | Open |
Fund type | Open Ended Investment Company |
Fund manager | Steve Waddington |
1.2 | |
1.09 | |
Fund comparative index | SONIA |
Targeted Absolute Return | |
- | |
0.60 | |
0.00 | |
0.00 | |
GBP Flexible Allocation | |
No | |
Fund provider | BNY Mellon Fund Managers Limited |
Share class launch date | 11 Feb 2013 |
£94.78m | |
- | |
3.78 | |
- | |
Annually |
Please note that some funds may have small additional incidental charges that are not shown here. Where these charges do exist they are included within the variable ongoing costs in the Pre-sale Illustration.